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Since 1st January this has dropped over 15% in value for no reason I can find. Nice to see management are still stoking up on their SIPs so perhaps the organisation is doing well and Wednesdays Interim will indicate that. 2nd December the price was a nice £8.90 and it is now at the price is was Dec 14.
LSE have now sorted it out it seems..
Interesting!
You are not alone CM unless you own all the shares. Just waiting for the revaluation as you are.
Thought that after I hit enter but thanks for the reply and agree there seems to be a disparity between buys and sells. Good end to the day though.
Anyone know why?
I have held this share for almost 2 years now buying in at a silly price believing in the DB rhetoric and the RNS's which turned out to be economical with the truth with the numbers. With new people at the helm with a proven recovery background we know, or at least hope, that that this will once again start to rise as it is their reputations that are on the line. However until some EOY numbers or an interim RNS gives any factual audited number crunching information to take the guesswork out of everything there is little necessity for the antagonistic postings I see here, I thought investors were intelligent grown ups! If I was the man at the top would I put my cash into something that was going to the wall or had no hope of growth, definitely not, but I would not expect pi's or anyone else to use it as an indication that things are going to grow rapidly. Will see where it is in another 2 years, might even get my money back if I am lucky.
Can't believe we have both missed something. Feb interim should give a good indication of where they are at. Maybe the market has fell out of love with the property market
60p so far despite a good RNS. Anyone have a theory or otherwise why this has dropped. MM manipulation was my 8nitial thought but now I am wondering if I missed something.
Pheonix - I would not worry to much about broker ratings as they can vary. Most of the buys and sells are automated which is probably linked to MM's driving the price up and down to make gains. Overalll the outfit appears to have blips but over the last couple of years have grown by about 25-30%. Would not get anywhere near that in an ISA so, for me, it is a good long term investment.
Over £1m of sells ahead of Mondays results. Seems a bit odd unless there is a cat missing a bag.
Well spotted and thanks for posting. Can see this being a steady growth company.
Agree. The results are excellent yet here we are again, another AIM share that is just manipulated beyond belief. If there are no big buys by the end of the day I will sell out tomorrow rather than keep being taken for a ride by MM skulduggery. This should be flying today.
Have to admit the market has somewhat confused me today with a big drop in the SP but notice a majority are automatic sells so perhaps the MMs are dropping the price to scoop up pi stop losses. Am expecting some good numbers tomorrow but my only concern is the number of staff they have taken on but they must have a plethora of new contracts and a strong pipeline to justify it. Also, unless they have money to burn, the director deals are at a price way above the current level and you would not do that unless you had faith in the business model.
Should have waited before doing my BUY this morning though it does show as a SELL!! So all that is RED visually is not necessarily red in reality. Expecting some good results Tuesday next week so can't see why there are people selling as the indications are they are doing rather well according to their trading report RNS's. GLA.
If their interim and H1 is anything to go by am certainly look forward to seeing their audited figures due this month. This appears to be a good company with a BOD who keeps their investors well informed. GLA
Thanks from me too. Nice big buys coming in which is always nice to see.
Thanks for the info Yes and can see why those who do not understand the XLM business model started panic selling but Ad blocking software should not effect XLM's revenue generating model as they are not a marketing company.
Seems the buying is starting again and should recover somewhat. Puzzled as to why it happened in the first place, just seemed a flurry of sells and I have not seen anything untoward anywhere. AIM is full of loonies and sheep sometimes.
Trading today. Why the bail out?