What’s your big gamble? (Volume 4)
Discussion
ALawson said:
I see PrimaryBid have PTRO at a discount of 24% at 40p, SP closed today at 52p. I am assuming the SP may drop to 40p once they are issued.
The small cap ones tend to drop to the offer price before the shares land in your account. Unlike ARB that also had a 20% discount, that managed to stay well above the offer price because of the worldwide attention on Blockchain companies, IMHO of course.Edited by Mr Overheads on Monday 14th June 20:33
petemurphy said:
egomeister said:
What happened with Alpha Growth today? -15% puts 500 Miles in a tough starting point for his 3 month performance!
we've all made the mistake of naming what we think will do well which is always the kiss of death..
Talk to me about ALGW please
Lots on here seem to be very keen, seems to run funds investing in “longevity assets” but looking at their most recent accounts it’s tiny at £90k revenue per qtr (and a 200k loss) with a £17m MC, and that’s after the 20% drop today.
I get AIM is full of high valuations vs current revenue/profit but is there huge growth projected?
Lots on here seem to be very keen, seems to run funds investing in “longevity assets” but looking at their most recent accounts it’s tiny at £90k revenue per qtr (and a 200k loss) with a £17m MC, and that’s after the 20% drop today.
I get AIM is full of high valuations vs current revenue/profit but is there huge growth projected?
I had a look into ALGW last week when 500Miles expressed his confidence in them but I also struggled to understand the detail of what they invested in after looking at their website so am passing for now -
- though I did look at the recent RNS about Holdings in the company and saw "someone" now has over 20% of the shares .... gulp.
Perhaps that extensive buying was the reason for the recent price increase since March giving confidence to the SP for a couple of months but now it is drifting down as often happens after a spurt and others are taking a short term advantage in June by selling as there was no RNS this morning to explain the 18% drop so far today or the 32% drop this month so far?
I would also be interested to hear more about what they do and prospects.
- though I did look at the recent RNS about Holdings in the company and saw "someone" now has over 20% of the shares .... gulp.
Perhaps that extensive buying was the reason for the recent price increase since March giving confidence to the SP for a couple of months but now it is drifting down as often happens after a spurt and others are taking a short term advantage in June by selling as there was no RNS this morning to explain the 18% drop so far today or the 32% drop this month so far?
I would also be interested to hear more about what they do and prospects.
petemurphy said:
dingg said:
Sng, apparently progress to p3,active2 trial, hot news not yet RNS if you want a quick return
ha just came on to say its having a minute! makes up for odx todayCompany needs to RNS ASAP
petemurphy said:
so easy to fake such news ( although its not fake here ) i do wonder why we dont create some profiles and do it and trade
If no RNS today, must be one tomorrow, company isn't running active2 so news may well be true (I suspect it is btw) and they will just have been informed, hopefully eua comes alongside the progress to p3Gassing Station | Finance | Top of Page | What's New | My Stuff