The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
6-7p would be unbelievable. However as the multibaggers sell up from the days when it was less than 2p and new investors come on board with higher average SP's then hopefully it will start to rise again.
I was in PMG at 1.62p and sold at 18.9p and 25.9p for a nice multibagger. There are so many similarites with CSB and that is why I bought in when it came on my radar this morning. The rise in PMG was largely on the back of Tom Cross taking over as chairman (highly thought of through Dana and his contacts in the oil industry) and there being few free shares available. The rise was all about the potential. The parallels with CSB are uncanny.
This certainly seems reminicent of PMG. Hardly any free shares, with most privately held and John McKeon involved. I am in.
Why has this risen so much over the last few days and particularly today?
The RNS has been issued, look at the last few pages.
Thanks for that, its always good to see the L2.
8p here we come.
Surely this can only mean the SP is going one way
I agree and after getting rid of the weak sellers that were looking for a quick 10% from yesterday CDG should be all the stonger to attack the 8p level.
Why are people panicing after a slight fall? The SP is still well up on where this was at the start of yesterday and if the expected news is good then there is far more to be made than a few %. Indeed the target SP is way more than this.
I am in at 6.75. It caught my radar this morning and after some very quick research I decided to buy. I was impressed with the company and the way it seems to be bubbling nicely ready to pop.
Yeah I agree with all that you say. Even if the 70-90p cycle is broken, which I cant see, this share will rise in the long term from these levels so either way its a winner.
I am back in today as I finally managed to release some funds. I always like this share.
3 nice director buys today: John Timothy Stokeld 100,000 @ 51.50p £51,500 Tom Alchurch 25,000 @ 51.50p £12,875 David Port 5,000 @ 51.50p
I was all ready to buy into this this morning providing the RNS was positive but of course it wasnt so I didnt. I had nearly bought in yesterday regardless thinking that the company couldnt possibly not repay RBS again but then common sense got the better of me and I am now obviously glad that I didnt. I nearly got caught up in the ramping by certain posters and hope that no one else did. It just shows that you should trust no one on these boards. After the RNS today and with 647.58m shares already in issue and further dilution to come I can see this falling below 2p. If it does then I may then have a punt (that is exactly what it would be) as I think this share has huge potential and a lot of upside. However it also has huge risks which are evident to everyone and after todays RNS it isnt looking too good. If it fell further it would become more tempting in terms of the risk v reward.
I would have thought with the SRO news its subsequent fall that GFM would be down much more than this.
At least Nyota slips off the tongue a little easier than Dwyka which when you try to trade via the phone is invariably followed by "What" A good day today btw after the recent fall.
I have been looking at this and am very interested. However the consolidation puts me off. I dont know whether to buy now or wait until after consolidation as I can see the SP dropping as I have seen happen many times with small cap shares like this. Another aspect of consolidation is that I think it is much easier for a share like this to fall from say 64p than it is from 8p. Likewise I think it is more difficult for it to rise. In theory it shouldnt be but I dont think it always works out like that.
A very nice 10% rise today with a lot more buys than sells
Yeah I saw your posts on PVCS. I was in for a few months at about 82p and sold for a profit of a few quid (literally!). It just could never break through the 90p barrier and although I still think its a great company I think it will tread water for the next 6 months. There are so many good shares at the moment that I dont want my money tied up like that. TMP I am really excited about and bought in on Friday at 1.67p as I think it is going to bounce. It had already gone up to 1.75p by the end of the day. It just seems far too cheap at the moment for the potential of the company. Thanks for the posts and analysis on that board as they were very informative.