Member Info for Wonga1974

Monday will be a key day for results and hopefully further news on the contract win

Results out on Monday and hopefully more detail on that contract. I have just under 5000 Shares as a punt here. Will average Dow if it drops to 20 but if the news is as suspected and we get details on this contract this will Move very fast on Monday. May see a few trying to get in before close but I found it very hard to buy

Showing up should recover if buying volume continues.

May be an RNS, hopefully a recovery in ASAP today especially if the afternoon buying pressure continues

Hmmmm. That's a lot. Quite an overhang at 1.75p to clear then

Buys back to 2p. Must be close to clearing this overhang

Well that is very possible here. Certainly should be back to 3p. Unless the company is about to go bust there is little downside at this low level. Basically a major shareholder has sold out for one reason or another and has caused the spike down. How many can you buy at 1.98?

These opportunities of taking advantage of a spoke down do not happen often. Most people get spiked on a high.

Great price to buy at 1.9. Should have waited!

These are defo worked sells as I can sell 150k at 1.811p. Someone has offloaded big time today and your right. A RNS to say knowing of no reason would sort it out but then the market makers need to clear the overhang first

The worked sells are starting to show up now.

I don't know what the online but limits are at present but these opportunities to get a bargain price because of a distressed seller do not come around often. Once the background sell has been cleared this will fly up.

Probably a good guess. If the volume continues this afternoon and tomorrow this should bounce back nicely. I would say the sell will soon be absorbed

And bought 6k worth of shares in batches at 2p and one batch at 2.1p. Must be a big sell in the background. Once this is cleared this will fly back to circa 3p. Bargain of the day

Well it would be good to see some buyer interest again. Seems very cheap to me considering the large buyer pre market

Well they are offering 1.75p for 200k. I think a lot of investors have missed the point that this is now a 5p in cash company you can currently buy at 1.8p. Allowing for discount 33% of cash is very undervalued and over the next few weeks the market will readjust especially as we get the first deposit payment within the next 2 weeks. Plus the seller has probably sold most. Probably MTR offloading a fair amount yesterday. Great potential for a good rise here

Well they seem happy to take 200k in shares at 1.716p. Unbelievable how low the share price is at present with circa 5p cash value. Given discount this should easily bag

Yes it is well undervalued now around 5p in cash with sale. Give a 30% discount plus it's asserts 3.5p is fair value. Strong buy and so little shares in issue. Market makers flushing the weak holders from yesterday which helps. Strong base at 1.7p and should move up later today

Some good blue days ahead here. Very yndervalued

Nice pre open buy at 1.95p. Should be a good day here