Surprised not to see posts here around time of this Accelerated book-build ( open for 9 hours )
On Thursday 1st December 2016... RNS 7am . It had been trading @ 8p day before, but dropped to 4p offer price on news and hovered around that price before falling to the present 2.5p.
what were investors views about this fund raise and the input of Primary Bid ?
Why didn't they do it out of hours. I cant see shares suspended that day.
Limit orders on AIM ????
Definitely worth a punt at these levels - share price has bombed but I agree the longterm potential of such a vast market as India is definitely worth hanging out for. They got burnt on currency in South America, but lesson hopefully learnt and if they can penetrate even a small segment of the market in india which I don't see why that can't happen then this will rocket.
I just laugh at posts like this... 70's and 80's? 20p open? Come on, what on earth values this company at those levels? I'm very surprised it went up so much on such little news. It'll retrace back down again to the lowly 4's, just like all the other spikes. Look at your own graph!
With nearly 29 million shares traded, that's about 1.5x the total 20 million free float for this share. The bookies (I mean Market Makers) must be delighted given the typical 4% bid/ask spread.
Wonder if this will keep going or do its usual fire cracker impression and pop tomorrow back down to 4p. Not sure 50,000 new Indian customers alone is sufficient to keep this motoring northwards but who knows? It is AIM after all!
Wow! Up 225% and 2 whole posts here! Well i averaged down here last cheap day and then bought again first thing this morning as all the bad news was long long ago and with the argentine circumstances meaning nothing in india and their otherwise success there thought it was just a matter of time before value would out. But of course this being aim was more tentative than my gut instincts were telling me and having been burned all over my portfolio since i started 4/5 years ago had to top slice my original stake at the close. That said my average is now nice and low and i've doubled my holding and am now on a free carry so will be extremely happy to see this continue onwards and upwards. Gla all who have suffered the bad times! Still 33% down on my portfolio but a few more days like this for MOS,SOLG with SOU,SXX also now on a free and REM,JLP,TMZ with good prospects for the future i hope to put my 5yr negative nightmare behind me and who knows a portfolio in the black will be a pant wetting experience not previously known! Come on Mos keep it coming!
Well the downside at about 10p now looks very little compared with the potential upside here. Don't forget the stock market normally looks about 6 months ahead. So any positive news on India / Nigeria could boost SP significantly. And don't forget MOS has early-stage operations in other South American markets apart from Argentina.
well its wasnt a difficult chart to read. If you want to make your money back on your short here, buy CIrcle Oil. chart is fantastic. TP 9p in next month. Golden cross on 22nd Oct, RSI at around 50 and rising, news out on more gas finds in the last two weeks. not many better at the moment
this was done at 23p taken money out at 21p , should consolidate around 17p nw before next leg up after new year.
"BMR MINING PLC Â Day 5 (LSE:BMR). It's not entirely sporting for the share to complete Day 4, up 3.8%. Given the offered spread was 10.3% With Bid at 6.5 and Offer of 7.25, it virtually makes it impossible for volatile movement. Thankfully the ..."
"BMR MINING PLC Â Day 4 (LSE:BMR). When we opt to cover a share in daily mode, it's easy to take things personally with the objects behaviour. BMR has opted to elicit some panic as we'd postulated 7.25p and once again, the price has refused to ..."
Well, after reading the news, I am impressed that they have made a profit.
I'm also slightly impressed that they have signed two of the three major carriers in India.
I'm ALSO slightly impressed with the ad-based free games.
Anything to diversify away from what everyone's doing now has to be a good move, a little late, but a good move nonetheless.
I don't want to dwell on the negatives or questions, but they must have done some AMAZING cost cutting to go from £48.6m turnover with £0.15m profit to £29.1m turnover with £0.85m profit. WT F were they doing with the money?
I have slated them in the past, with just cause, maybe now they have worked it out and will finally move with the times!
If this is the case and they are working towards benefiting themselves AND their shareholders, then I will eat humble pie and go with it without bringing up the past.
However, I will be watching this space, as I still have a LONG way to go before I'M profitable with MOS! Time will tell.
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