Re: Question? Now up 27% .Im above water with these now so happy. Ladbrookes also up.Start of the betting season is upon us with Football and horse racing etc
Re: Question? It's a small cap stock and such price action comes with the territory. You could argue why it has been trading recently above 2p and dropped all the way down to 1.3pIf the volume had been 2M shares I would want to consider if any news was afoor but at 240,000 shares it could just be noise.
Question? why the sudden increase in the sp?
Re There is the 1.5p - Given the size of the company (i.e. liquidity) it's not one to have massive exposure too. Maybe a small holding to tuck away.
Re: Re: Thanks.I assume it is all about increasing the margin now. Cant believe the turnover for such a small market cap and cash in bank.One of those less risky AIM share IMHO
Re: It's really difficult to say...Trading volumes are likely to come off until financial results are presented or the price might spike with new deals being made.I bought at 1.35 and saw this as a very good entry point. Personally I think it's the longer term picture that needs looking at - The business is very focused and has high profile clients needed to generate a revenue stream. I would look at how low could they go and cannot see sub 1p anytime soon barring disaster. You could pick some up at 1.50 as a small holding in a diverse portfolio and hold for 2 years The spread is too big to worry about the 6 month window.My price forecast for 6 months is 2p - but WTFDIK and DYOR
Just awaiting for a good entry point- what's people thoughts on the share price over the next 6months?
Re: undervalued It may be difficult for a predator as Burnbrae Group have a signifcant shareholding.
Re: undervalued This will attract a predator at such a low capitalisation
Re: 2p plus by Friday 6p within 1 month IMHO no advice etc
2p plus by Friday This is only going one way
Re: Price Action - Analysis doubt whether we will see a fall back apart from the odd MMs usual fluctuations. This is on its way up IMHO. The good news is the French deal which in time will be a massive money spinner
Re: Price Action - Analysis alltold9, I was wondering whether to switch from MXO to here. I think I'll give MXO more time. I suspect WEB may fall back further from the latest high if there isn't more good news soon..
Re: Price Action - Analysis Yes both.
Re: Price Action - Analysis alltold, are you still invested in MXO? The MXO chart looks very like this one..