Gunsynd Share Discussion Threads

[mreyeguy] 17/6/2019 12:08

How we doing you MUG PUNTERS haha

[deltalo] 17/6/2019 08:00

Using the funds to buy an asset is a whole lot better than having to use it as working capital. This shows there not struggling to pay the bills. We might get a value from Oyster this week. This is very undervalued.

[whattheduce] 16/6/2019 10:59

Furthermore, "Yet with the placing raising of that £500k and confirmation that the Oyster vote was passed, then a reduction in the share price from 0.05p to the current 0.032p (market cap reduced by £900k) clearly doesn't balance up by a country mile."

Well, I would disagree. Technically the cash is there and hence on the books but that cash was raised to do something and therefore the market immediately treats it as money spent or earmarked for something and hence not part of the company valuation. We do not know what it is for so the share price does a simple price dilution until we know what it is for and then the market will judge the worth of the investment and the share price adjust accordingly. Cash raised due to company activity is a different matter as that does not dilute the share pool and is therefore added to the valuation.

[whattheduce] 15/6/2019 10:27

All points fair and well, but most importantly, and this is of course a bulletin board, I believe the expression should be, "can't see the wood FOR the trees". Whilst some may lose 50% or more of their holding by short-term trading, can we at least get the metaphors correct.

Thank you.

[seagullsslimjim] 15/6/2019 08:06

deltalo - good point that the £500k incoming is an asset addition.

If say we had just been diluted by the extra 30% issue and not have that £500k in the bank (ie it went off elsewhere to say service a debt) then the share price would be at a adjusted level now of 0.035p

Yet with the placing raising of that £500k and confirmation that the Oyster vote was passed, then a reduction in the share price from 0.05p to the current 0.032p (market cap reduced by £900k) clearly doesn't balance up by a country mile.

As GUN isn't always the most liquid share then there will be big swings and imho i think that we have seen the bottom of the reversal here and that a climb back to at the least the 0.04s is realistic short term.

One must also remember that a lot of newbies jumped on the Gun bandwagon and probably at a higher price than today. If you analyse the sells over the last week then you'll see just how small the majority of them are and those people jumping to the next 'big hot money thing' - rinse repeat, rinse repeat.

As with all AIM shares, then news flow is their oxygen and why we had originally drifted so low since May 2018.

It is for the above reasons that i have been buying blocks of circa 14-15m worth of shsres over the last week and last added at lunchtime yesterday.

Shares that shoot up will always attract a lot of white noise on a bulletin board and associated scaremongering, but in a blink of an eye the 10 minute traders leave and yet the fundamentals as mentioned above still remain clearly visible for all to see.

Each to their own, but it is a case of seeing the wood for the trees with AIM shares.

[deltalo] 14/6/2019 21:37

Not really as for years the best news has happened within the last few months. Some companies stay dorment for years with a little up or down. When a company comes to life it's time to buy not sit around like long term holder's. Easy and quick way to make profit is to buy when it all starts to happen.I'm honest and ill tell all here, I'm not going to be here for long like you say you have been. I'll reep the good news and move on. At this price it's a steal, and I'll probably double or treble my investment within months. But the thing is there are many down the line who just like myself will say this is cheap and make more from my sold shares. The share price will be valued in the next rns, and the last rise was less than justified to where it should be. 500k is still an asset and for the mkcap to drop two thirds within days is just a over reaction. Watch this move next week. It started to do so before the rns and will do again.

[barnetpeter] 14/6/2019 19:19

No one knows what the mkt will do here. It could just as easily fall back to 0.25 as the bored move on and sell up for a loss. Any attempt to rally has been sold into even small. Forget about daily rns and instant news ....not going to happen. Why should it? The company is sorting out oyster and it has 500k more in the bank. So what’s the problem? Long term holders have probably cashed in for a good profit and will buy back in steadily. Like me. The only demands here are from short term punters who want the price to jump so they can sell out. The company is not interested in you. I guess we will see nothing here for some months. No problem for the long termers in Gun

[whattheduce] 14/6/2019 18:30

I have split now between UKOG an GUN, UKOG on the verge of a potential jump, whether brief or not is difficult to say but new drill coming for the new wells and then CPR and planning application news. The placing was very bad timing for me so the half left here in gun better have been worth it.

[reximill] 14/6/2019 17:41

The reason this got bought so much aggressively in recent weeks IS because there is a big deal coming on the oyster asset. You don't have 20% of the equity changing hands on at least 2-3 days on nothing. GUN needed the cash to strengthen their hand, that is it. This will recover very sharply at one point soon and will likely go back through the 0.08 recent high and some in the coming weeks.

[whattheduce] 14/6/2019 16:50

Your optimism is sickening - go and drink some alcohol and then come back and re-post! Tell us what you really think.

[seagullsslimjim] 14/6/2019 15:59

Well this week was certainly the complete opposite of last week

However, five days on from the placing and the dust appears to have settled and probably most people who sold in 'disappointment' at the placing will have done so. Volumes have been pretty high this week

Oyster asset confirmed and just waiting for the next RNS clarifying Guns plans as to what to do with it.

Market cap still just £2m and so not all doom and gloom when you bare that in mind :-)

[whattheduce] 14/6/2019 14:47

Very disappointed no RNS. I will, therefore, have to drown my sorrows in a large Buffalo Vodka this evening. It has been forced upon me against my will but there you have it. I will have to have a rather large rib eye steak with cheesy mash and fried onion/mushrooms to go with it too. I shall bear the discomfort on behalf of all GUN holders. It is what I do.

[phil1969] 14/6/2019 14:39

Update Monday. Wouldn't want to be out of this over the weekend :-)

[deltalo] 14/6/2019 13:43

Could bounce hard with very little buying pressure assuming the overhang has cleared.Still the value here is many times the current mkcap. 0.1 minimum i reckon. Mabe next week now.

[seagullsslimjim] 14/6/2019 12:25

bouncy bouncy !

[tyranosaurus] 14/6/2019 09:31

researchanalyist1
Madagascar - The small Indian Ocean Island

I live on an even smaller island called Great Britain, which covers 80,823 sq m.

At 592,800 square kilometres (228,900 sq mi),Madagascar is the world's 47th largest country and the fourth-largest island - per Wiki.

That`s what I call good research.

[scotty666] 14/6/2019 09:05

No as I have my doubts that the Human Brands IPO will go through, they took the main shinjuspirits website down which had all the forms but it looked like they are raising money in a similar fashion to FastBase.

I hope I am wrong but until something confirmed to the contrary then not interested, I made my grain on that unexpected spike and don't plan on giving it back.

[whattheduce] 14/6/2019 08:32

Are we going to see another TR1 Scotty? Quick smash and grab as it punctures 0.1p?