RE: Is this the start.22 Mar 2021 20:35
Evening Guys :)))
WELL ! ~ What an exciting few days and as this is clearly `The Start `, there will be many more days, weeks and months of excitement to come ~ TYENWE !
No point in my adding comments to those which have been more than adequately covered by `The Usual ` very well researched investors here . Thank you for your contributions .
Just a comment on the SP : Clearly there are investors who bought a considerable quantity in the .005 / .01 p range , with the end of the Tax Year approaching , crystalising some profit would possibly make sense . Then there is JH , perhaps they have now completely gone on this rise and then there are probably a bunch of traders focused on the outcome of the CC . I think the MM`s have played a really smart game today by keeping the price under control while so many PI`s (including myself!) have been taking up the slack . This is evidenced by the delayed trades . Assuming the book has been stabilised I think tomorrow we may see another 20% rise ; this is because the news from the Company is exceptional and I think the SP is undervalued on many metrics .
I am curious that Woody have escaped mention , perhaps they have just escaped but I don`t really see that as an issue because there are many other international operators who showed interest in partnering us . It was EQT who chose Woody , perhaps DP is persuing a more exciting , robust and committed option .
A quick comment on MNRG ~~~ I haven`t a clue !! I just don`t know what DP has in mind here , but I have every confidence that he is capable of turning a sow`s ear into a silk purse ( full of shareholder value !) ~ not that I am suggesting MNRG is a a bit of a pig ;)
FWIW ; I suspect the sp will make some progress over the next couple of weeks , BUT , at the begining of the new Tax Year I think this could start to shoot up to a much more realistic level . By that I mean c. 6p + as we move into the summer .
IF , DP comes out with something special then 6p could be seen as very cheap !
VGLA .