Nice big buy at the end today to soak up some sells. We had brief flirtation with 10p this week, which sets the next benchmark. Fridays are turning out to be funny days for Dev. We had a great one two weeks ago and now a poor one. Hey Ho have a good weekend all
I agree with TOS1963 and dsc1978, fundamentally the company looks good, proof will be in pudding in monetising the contract gains, we have some big backers and lots of convertible loan notes above the current price. My personal opinion is that the price today is good entry point, it's never too late to join provided you can see some upside, but only you can make that decision I'm afraid, but most here, see a significant potential and haven't sold out as yet, which says something.
I wish your ‘friend’ well with that strategy Bottmzup, it’s not one I’m able or willing to pursue, as I cannot watch the charts regularly or daily. I’m just a buy and hold merchant, but of course each to their own. GLA with Dev!
In reply to Bottmzup, agree, but that is really risky and very difficult to do the way things are going. We know this can jump quickly, the spread can be 5% or more at times, the margins would be tiny. Tell your friend :)
Agree, most the deals done, are post results period and pre Covid in the main, so I would expect to see a better second half year, when those deals start to bring in the money. Rome wasn't built in a day, these things will take time to come to fruition, not sure what the Friday pm hype was about now though?
It’s a guess, we have support at 8p. Next stop 14p then upwards to 25p. After that who knows, probably depends on trading statement next week. If we make £1 from every Lenovo user and a few quid from the pub app, it could boom into the stratosphere.