It is moving up because the SP is so undervalued and the CMA debacle will evaporate. Just don’t forget to jump off at 1700p .
The heavy lifting has been done with this share, none of the other II’s look to be selling down, so onwards and upwards to a 100p. It is incredible to think how the MM’s pulled this shared down so deep and so quickly. GLA.
Less than 1% of shares traded today, a nice rise for a low volume day.
Pity the weak standing on the sidelines as they watch the Greedy filling their big boots.
Show me the money, show me the money.
As expected.
Anne Cairns, Chairwoman of Cab Payments in the Sunday Times today: ‘We will bounce back from our Float flop, Geographical Diversification and moving into new currency markets and spreading the risks should help shield us from future issues. They are not hiding and there is no skeletons in the cupboard. Just a nasty profit warning of 17% which reduced the SP by 78% from last Monday’s close.
@Anon: You seem very frustrated? It would appear that you bought in at 62p and sold out at a loss. You did indicate in one of your previous posts, that you would suck in a 20% loss, so I am guessing you sold out at 50p ish?
You are a strange deramper, as you already dipped your toe in the water and then lost your bottle! I understand your bitterness as you are afraid and fearful. It would be too much for your ego if the share went into orbit.
Leave this business to the bold, let’s see what happens in the next two months. Don’t be bitter, lick ya wounds and trot off.
@ATrades: The correct word is Herd: Don’t follow the Herd and not, don’t follow the Heard.
They are different words with different meanings.
As my Granny used to say to me, never believe a word a Man says, who doesn’t know the difference between Herd and Heard.
Agree, the UT would support that. Some heavy selling in the last hour.
@Anon: That is old news.
And MM’s trying to rinse a few weak hands. Let’s hope they have limited stock for Monday, the UT will be interesting.
The spread is as tight I have seen it, I have a feeling it will finish blue today.
Be patient, I am happy for this to float around 50p for a few days, and see some stability. As the days go by, the news about fraudulent activity disperses and the story is about a profit warning. Even then, revenue is still 20% ahead of 22..
It jumped as expected and rinsed the traders out who bought sub 50’s. I was tempted to sell myself and buy back in, but there is a chance it could run away. The more research I do on them, the more confident I am of the holding. .