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50% spread -
Need someone sensible running the Book. Must be a trainee MM
This is far from a dead cat , although it has bounced... read the "educated" financial press on this company, long term its a solid investment, particularly now!
In the mean time, its a traders paradise, 138 yesterday , over 160 today, then finishing at 157.
This has got legs over the next few days, will be in the 180's next week in my opinion.
"Dead Cat" & "Dead Cat Bounce" - uneducated comment
Agreed, Liquidity is a big issue but the spread is controlled by the MM's , in my view manipulated, if that closed up it would create a bit of demand and speculation
Didn't really expect to see Defenx top of the Share risers today...No volume to speak of , so all MM manipulation
But yes, you are right, a 17% upwards movement, is not much use when there is a 50% spread.
they are not making much as hardly any trades.
close the spread , id be buying some more
Bombom You will be tapping into your wife’s ISA soon 🤣
Would be great but won't be happening.
53p, I'd quadruple my money - I'm not that lucky but maybe start looking for a new Range Rover just in case.
I understand where you are coming from but not sure I agree at all. If you think there will be a bid at 38p, this month, you should be loading up at less than 10p now.
I agree they have misled shareholders and been under-hand by holding back the accounts. if you think its fraudulent then report them to the FCA.
Although I'm invested, I don't think the directors are conducting themselves professionally also don't think they are very capable.
He's remarkably happy for someone who is taking a canning on Koovs,
Love it, Let me know when you are out Bombom, that will be the sign for me to have a punt. Im obviously not as rich as you so won't be on £18k a penny...LOL
strong company, growing steadily, good results, can't understand the last couple of days
Pommy, you hit the nail on the head - he never learns
just need the mm's to sort themselves out, nobody will chuck money at this with such a big spread
This is drifting downward , probably back to 6p or so.
Trading tip....if Jambon is in ...best get out as soon as he boasted he was topping up to millions and millions of shares and was on £8000 a penny or is it £18000 a penny, I got out. Since then drifted downwards despite all his blind ramping.
I made a small loss which would have been bigger if I'd stayed in and followed Jambon's inaccurate prophesies.
once this hits 6 - 8p probably worth a punt.
Jambon, keep the posts coming, you keep me entertained. Bye for now
May as well still be suspended with a 43% spread
Cheers mikemike, appreciate the detailed info.
Ive topped up / averaged down today , so fingers crossed
read them all, go back to this time last year..read those. the weather shut them down
not last year it wasn't
Well, winter is approaching, they will be shutting down soon and the sp will go into hibernation again. it had a 300% rise after last years shut down. fingers crossed for a repeat.
Im in Birmingham, bit of a trip.