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This could easily go bust still and that needs to be remembered even if noobs like me think it is worth a gamble. I can lose my £1k but there are a lot are already deep in the red.
My 2p. There is resistance at 10p and 14p/15p imho so personally I would expect upon passing IK is right 10p as proven recently is possible. The current price is great to average down / get in. Once the RNS pre court is released 10p will pop and we will be testing 15p pre court imho.
Opinions?
I think things have changed a lot though since the last time with the dilution coming however even in dilution it is better to be in the game at low levels on the road to a run up. Any open shares you do not take up will be dumped and impact the share price but better to raise at higher prices than lower. Always keep some dry powder to take up the rights.
Short term this is a buy, medium a buy, long term a buy assuming PI army throws lots of money into the pot otherwise we are going bust. Shares are just a gamble, an educated guess and nothing is certain even opinions are just best guess with our little knowledge of what is going on.
Many safer bets out there. This is like buying a ship loaded with Russian oil a punt at best if you have rose glasses and it works out you have a long wait ahead or to lose it all.
ok inky thinks 23p by Friday. I will raise that by 3p and call 26p :)
I guess everything to be said has been said and talk about has been covered at least 50 times per topic and by opposing views for and against.
Just sit and watch time hey. Watch the tumble weeds rolling by that is.
This was my first punt on the stock market. Big mistake my ISA is a mess wasted my money. At least at a casino or horses I would have had fun rather than this gamble and plunge. Kicking myself and I do not know "should I stay or should I go?"
Thanks Jonny. If they are not happy what happens to the existing shares I bought?
? how can it not? what does it mean? I have never been in a company "cut" before.
Knowbodyyouknow typical comment I would expect from LSE.
What happens to the shares people have? "Evraz, Polymetal and Petropavlovsk to be cut from FTSE indices" don't know why people have to be so stupid all of the time. If you don't want to help why comment? :(
What does that mean to people holding shares?
What happens to people who have a share holding in the companies?
Stupid comparison.
High costs. Inflation. Recession. War. Bad management.
Just because it has dropped in price does not mean it is worth it.
Softbank mistake does not mean it is actually worth the dream figures spouted here.
PI nonsense as always.