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Just purchased 8000 shares shown as a sell. Latest information from the company looks encouraging dividend should be held.
Just top up this morning shown as a sell , as I guess are a lot more
Have purchased today. The L & G purchase following on from the CSH bid gives me a lot of confidence that this will be a winner. Looking for at least 80/85p over the next few months. While waiting a near 10% yield.
Although the price has changed slightly since I posted , at that time bid was 0.00525 offer 0.0055 which is approx 4.5%
You can currently buy or sell 3.5 million but the spread is 4.5%. This a lot more than normal, interesting.
Apparently the the above will reduce to 63p this year and 64p next year. I am very unhappy about this . I can’t understand how this is a good move for Honeycomb shareholders .
Is anyone aware why the price has dropped quite sharply,I can’t find any news.
As a long term holder purchased for an income stream the day to day price doesn’t worry me too much. I have topped up today as I believe a fair price for this share is in the £1.10 to £1.12 region given the current annual dividend of 7p per share, that’s a yield of 6.25% at £1.12 per share. DYOR.
Reassuring update from the company today.
Even in this crazy market this must be oversold just top up at 77.8 p 9.7% yield. Some risk of course but looks worth it.
The vast majority of holders (probably 90%+) are holding for at least T9 results. Let’s say the current SP was 50p a few traders would dip in and out but the 90% will hold if T9 is a successful 50p in my opinion will be passed in days if not hours.If it’s a failure then until T10 comes into focus the current price will fall . The only advantage to me right now of a higher SP is a little bit of comfort but as I am firmly in the 90% it is not really relevant anyway not long now folks.
Hi Donnydog
Unfortunately absolutely no one on here can tell you the 3 drills will answer the million dollar question.
In my opinion the range will be from about 45/59 p right up to £4 to £6 some are hoping for even more.
For what it’s worth as I think the down side is limited I would stay with your total holding it won’t be too long now
Hi Bamps
I of course hope the LE price if and when it comes is much higher than £1.6 all I was saying is that at this price I would do very well. I also believe anything between £2/£5 is possible not so sure about 4 figures but I would love to be proved wrong. All the best hope you can soon say “I told you so”