Most shareholders here are likely considerably underwater, if not having sold already. A 5p takeover offer is unlikely to get shareholders approval. 15p+ at least imo
I bought in for first time yesterday. Small position. Red or black gamble imo. I bought at 2.71 and despite a 13% sp drop today. bid and ask are the same and can buy right now at 2.69. It obviously takes a lot to move this thing...
7m buy at 2:35pm so some people want in it seems. I averaged down some time ago when it was 0.03 so have 0.06 average now, looking achievable with positive RNS....hopefully!
I agree, sp moving up nicely today, 16p by divvy announcement end of month imo. Based on latest production numbers and cash position I believe dividend will be maintained (perhaps slight increase). We will soon know...
To help everyone out, I sold a tiny slither of my holding here. When I sell a stock, it tends to rally, and when I buy it, it falls. Don't worry, I won't buy any more... :-) ........
I only have a small holding here but still stings. Can't even sell the shares as commission is higher than share value! ....still crazy to see buys of £2,000+ now...Only a miracle can save this now imo
RE: Shareholders need to mentally write this share off for the time being.24 Jan 2023 22:50
If Amigo manage to find a consortium of investors won't that mean a share placing to them at a discount, possibly a significant one, to get those investors on board?
Almost sold today with 2k profit on ISA tranche. I hope I was right not to! 0.11 avg in ISA. Looking to make up for 70% loss hit I took when this crashed prior to previous bods exit! Somewhere around 0.03 but if news is great will probably just slice! Hope springs eternal
SP has been Trickling upwards in last few days. If (and big "if" of course) IFB or SNCF inital workings can result in any sort of decent size contract this would rocket imo. I need 14p for breakeven! GLA!