So we sit here watching for 100k shares coming and going, waiting for the subsequent SP movement. Along comes a first timer bags 14m and no movement. 9% unbelievable. They either have good buyers or good contacts. Considering they are so large others are going to take that bait, before SP rises.
Hello ITT. Did seem that way when first announced but I am sure that SP was held around 12p to get funding away. My recommendation, after we got to 15p, was at 20p to make an open offer of10p that would have been taken up by the man in the street but we did not get that far. Money was getting low so JC went for a safe haven.which meant we did not get much of a sniff but had to be done..
Now that is out of the way. JC will probably concentrate on getting an RNS published. These contracts seem hard to finalise but from the many in the pipeline there should be a rollout of RNS's, no matter what size to kick start SP. I should imagine JC wants the future rapped up before year-end, only 6/7 weeks.
Once again one big con by dealers. With 400,000 buy yesterday market should have opened in a positive manner. So today we have a few sells less than 100,000 and SP falls. Dealers know CC is on the way up and there is something going on in background. Someone is doing very nicely..Hopefully all sells will stop, then we will see what happens. Pitey JC has not got some news now, out of all the possibles.
The dealers are having one last squeeze.. At this point in time nobody would sell so they have to rattle the cage. Anybody who clears before next RNS are mugs but there always some.
Morning Bamby, have you eaten all the stock. I have a good broker but he could not fill a decent sized order. Is someone building, may be a Fund. Possibly a Utility/Manufacturer in the know. If there is a short fall in stock then SP should start rising. Covering old ground, previous version of Omni, combining original softwares was beginning to takeoff but this new version with multi-platform/Iot facilities solves many problems for the industry globally and will be in great demand.
Thanks for that, Vas. A good re-read. What I was really aiming at is whether or not CC is the preferred/sole supplier to these 3 manufacturers. If so, in my opinion, there will be many big orders to follow. Once you are onto a winner (sticky) you roll it out as fast as you can before another specification change comes along. If as JC's says CC can do Smart for billed and pre-pay meters they could literally be put everywhere.
Well Bamby it looks like its goodbye to you also, if that's the way you feel. To me the exciting part is just around the corner, or even at the corner. I am sticking with CC because my enquiries here, well up the tree, and in India all bodes very well. As JC says its the revenue that counts, contracts can fall over at the last minute but the new Omni seems well received in India.
Now that is twaddle ITT. You are forgetting our recent rise to 15p was because of the new contract. That doesn't go with your calculations. I have said many times SP does not relate to money in the bank. Some Software companies are up to 90 times their value. It's a matter of confidence building. Hopefully JC will do a bit of that in coming weeks. This new Omni software is being well received according to Anil so should get an early result. As we have been told CC is integrated into Genus and L+T meters, do we know the fate of Silver Springs who were talked about last year.
Now don't try to depress everybody you lot. It's just a matter of time, logically SP should not fall with new shares as they are paid up. If JC gets a further result shortly we should be on the rise. Remember last news $14m doubled share price, now we know these contracts are likely only to be start plus UK, Europe, Iran, Bangladesh. Cannot be far off. Just a little more patience
Good question Bamby.. The amount of times they hit that middle number when we all know it is always nearer the buy or sell figure. Amazing how they do it.
Don't need to Colour, it's all there and happening. Don't clasp at straws, give up and enjoy the ride. Now is the time to buy even more, so dig deep into that purse of yours, you know it makes sense.
What's in a day or two Colour. You can't bear losing the argument but you are. You knew a little about India, but old news now. I still think you have got heavily back into CC, forgetting your expensive losses of years ago but you just cannot loose face. Is that near home.
Give up Colour, apart from your faithfuls nobody has been taking you seriously for ages. As you say 'only here for a laugh' and that is what you have become.