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I think this share will remain quite volatile in the short term. However, I feel that we are making massive strides forward. A few months ago, we were drifting between 1.4 and 2 pence, We then had 2 pence as a floor mainly. Having reported half year results, we seem to have moved further higher, I think this will now trade between 3.5 and 4.5 pence until we receive any significant news. Once again though, it would appear that the days of drifting up to 2 pence are probably gone forever. Onwards and upwards, this will probably be a rollercoaster, but within 12/18 months at the latest, this share will have risen significantly.
With regard to the dip in price, I am using it to buy more stock and reduce down my average price. I take on board the point about something definitely happening by 2022, but I think there will be significant developments far faster. The great thing about this stock, it cannot fail at this level. It makes a profit, so for that reason only it’s worth holding. I you then factor in New York and California legalising gambling, that would send the price through the roof.
Finally, don’t forget m and a possibilities, I think we could be taken out in weeks. The great thing about this stock, you are pretty much guaranteed a tripling or quadrupling in the share price minimum, I just cannot inform you of the day this will happen.
I would suggest by the tone of the half year reporting , they have already been in discussions with other gambling groups. Likewise, judging by the context in that rns, it would seem likely that they believe it will be a uk or European bidder due to the ever rising constraints particularly in the Uk based on players affordability. That will become a real problem for the big uk players.
I think the half year report was very positive. Don’t forget, this is a company making significant turnover and now a small but good profit margin. This is not a company that is dormant, this stands on its own 2 feet with or without licences and approval for gaming in California etc. I felt it was a real hint from the spokesman about getting the best value for shareholders. Also, the mention of possible partnership talks or takeovers, they have clearly had discussions. If we can see the price rise to 10-15 pence off its own accord, which I see no reason why not, then a takeover bid price could be in the region of 30 pence which would make for a few very long exotic holidays!
I posted yesterday that we all need to be patient with this stock, but that we will come good in the end. I have to say, I am very excited about where this stock could go. It is still so cheap, and we will will be a target for suitors looking to get in on the US gambling lifting restrictions. However, it would be good to see the price rise over a period so that when or if we get a takeover bid, the price will be at a significant premium as to where it is today. Keep well, keep safe and enjoy the Webis rollercoaster!
The buy price is now 3.1554, I think it’s only a matter of time before somebody makes a bid for us, or California approves sports betting. For now, sit tight, be patient, this share should and will fly at some point. With the run on normal equities , people will,be looking at value and Webis is that share. Betting is only going to grow in the US
I have just been looking at the largo graph compared to BMN, and it does defy all logic and gravity. I have not posted for quite a while now, and have been a bit frustrated with the stubbornness of the share price. However, with vaccine rollouts and their production rising and the cost heading north significantly. When you also factor in pent up worldwide demand for vanadium, this share can only go one way. It’s just about keeping the faith, I understand why people sell to jump on other things to make a quick profit, but when the markets settle down and start thinking once again about fundamentals, this will be a winner. It would be good to get some positive feedbacks on the runs as well.
Hi all
Have to say I am surprised that there has not been more enthusiasm towards this stock today. I personally bought another £10000 of stock at 1.63 or 1.64 cannot remember which, and thought there would be more excitement in the blogs today. I welcome anybody’s thoughts?
You can actually now sell £5000 at 13.40 pence, they will surely have to budge the price up!!
So you can currently sell £5000 at 13.375 pence how is the current range on h and l 12.75/13.25? It just wreaks of gross manipulation
So at the moment you can sell the share at 14.127 and you can buy it at 14.125 how is this not a perfect case of market manipulation? I had to buy another £2000 st for the he’ll of it!!
Given their 2019 results which were very good, and first quarter results being better than expected given the COVID 19 and ten days maintenance in that quarter and no more shut downs expected for maintenance for the year. You would expect the share price to rise a bit more than it has done.
When you factor in the fact that vanadium prices have also raised recently a bit, and the fact that they still expect to stick to original 2020 production forecasts, they are painting overall a very positive and rosy picture in these unusual times.
It appears that this share is clearly being manipulated by the mms, however, with all of the positive news and great set of annual figures, I would expect a spike in the share price. Nothing seems to move the share up, whatever news comes out. In the short term, the last roll of the dice for a spike is the half year results due probably in a few weeks. Sit back have a summer holiday, and wait and see.
What a fantastic forward thinking, to be able to maintain Production for the year despite Covid 19 and the days lost for maintenance. With the price of vanadium slowly recovering and being able to contain the cost, this company is only heading one way. Also, encouraging to s see the number of buys over sells today, and a slight increase in the price.
Let’s hope so. The sp seems to be in a zone between 13/14 pence and will not deviate either way. However, I think the results will come out on Monday and I think that the forward projections will be good. Let’s look forward to next week and enjoy the weekend in anticipation !!
Let’s hope the news is positive, I believe in the company, but feel communication is below par. Factor in potential mm manipulation, I think we are deserved a prompt repost
Is June now a leap year month? I am expecting on results very soon, but they need to inform us. Most stocks have been flying but not this one!!
Just for the record, I would imagine my holding in this company is significantly higher than yours!!
I am not sure, but somebody posted it earlier if you check back to previous posts. I expect the results to be announced this month, and hope they will make positive reading, which I think they will. However, managing your announcements, and as my girlfriend says, timing is everything!!!
I find it quite remarkable that the results could be delayed until the end of July, as somebody posted earlier. The bottom line is, they have already notified the market on may the 4th regarding the first quarter in the serious part of the outbreak. I would expect that they should notify the market ASAP. It appears at th moment that the Share price is depressed, and the board need to step up to the plate. I believe in the stock, but guidance would be great