Peaked at .67 after the US rns just 6 trading days ago!!! 40% down since, shocking performance. Hopefully a meaningful, revenue driven, with names of the investors is released very soon. What was supposed to be a short term trade is now looking like a long term hold.
So many people talk about the SP level and forget MC is the single most important number to discuss. SP maybe at lows, but with every share issue to EHGOF the MC has been rising. 1st time is traded this share the MC was under 1million, yet the price of the SP was higher than now. That gives some perspective on how much the company have obliterated any shareholder wealth.
5m MC with the current state of affairs if anything is arguably over valued.
It dipped bout 4 times today, speeding ticket landed and it sent it flying. In all my time trading AIM i honestly don't think i have seen a stronger response to a speeding ticket. Company nonchalant as hell. They know the score. Gaps up on Monday. See you in the 50's Johnhanns.
Dave, based on the close this will open at .5 tomorrow mate. My opinion. Would not be surprised to see towards .6. Read that speeding ticket, if a company feels it's getting ahead of itself they be like "we know of no reason for" we would be under .3 if so. However, the company were like, yeah, that's about right.
That is the weakest speeding ticket i have ever seen. It's as if the company said, we've complied, we expect this. Gap up tomorrow no doubt, no speeding tickets now boys. Game fully on. 1 good RNS and it's moontime.