RNS was 7 weeks late. Expect to see a few more late TR1s but think we saw the final capitulation at 2.8p there. Newsflow ready to unleash and back to 6p for starters
Fallen from 6p. Now they are going to cut costs by getting rid of other parts of business and pouring resources and focus into MporiumX... Which is kicking out £1m revenue per week, insane figures. As soon as that turns profitable its going to rerate hard here
Looks like buyers are taking this back up. Warrants have finished selling, recent Director placing was 2.75p and we have a huge deal lined up which could multibag the shareprice in a flash. Im very excited about this one. Think we will see 3p+ this week for starters
Just added another 550k at 2.25p... Again will be a delayed print. The most recent placing was 2.75p so this is a bargain. The RNS just now fills me with even more confidence.
At somepoint soon I'd expect a huge rebound. Tough looking at declining shareprice but it's a solid company with very exciting prospects so time to average down or stay strong
Added another 450k just now. Been a car crash from 6p but dont think the likes of Drinkwater are in the habit of losing money. As always on AIM timing is everything and I think those buying sub 1p will end up doing well for a 50-100% trade in coming weeks. GLA
This certainly has taken a proper tumble. 5p - 6p area looked pretty solid. Read the Q1 update and sounded fantastic so no idea why MPM has dropped this much. These guys are kicking out £1m revenue per month with their MporiumX side of the business. Pretty impressive.
They are also going to be profitable in 2019, so i'm amazed its dropped so far. I've decided to take advantage and buy a few today. Feel free to highlight anything i've missed, still scratching my head why this decent looking stock has sold off so hard. Good Luck all.
Chris will be on podcast for VOX today. He will be talking about the RNS yesterday and providing some further clarity on just how big some of the things DEV are doing with some global blue chip clients. Worth a listen
I can confirm this was a genuine buy. Wasnt just done today it's been working most of the week. Market Makers warehouse the stock. It's a premium to where most the selling was this week so fits the porce and size given the volume we've seen.
Expect to see more of the same next week, hearing there are a few funds and instos showing some interest.
I certainly think they are worth far more than a punt at these levels. Do some research on the business. Unlike most techy companies it has always been run as a cashflow positive business. Once they announce the schools figures it could easily be generating £10m+ reoccurring revenues with huge profit margins. And that's just for starters. This is going to be huge