Mxc Capital Share Discussion Threads

[suneday] 01/2/2019 14:30

Yes, but they pretty much own the company, so.......

[chimers] 01/2/2019 14:27

I would have preferred they were at 3.5p before they had done this but what's done is done.

[chimers] 01/2/2019 13:44

Oh I still hold a significant amount here.
You have to hedge, the newsflow will increase after the consolidation so it's a binary bet.

[suneday] 01/2/2019 13:30

Somebody bought yours I see, along with the rest. Just so far so good.

[leedsu36] 01/2/2019 11:55

Just in case like me you don't read the shyte ADVFN send ya,i've just sent you a PM Chim....

Laters.

[chimers] 01/2/2019 11:13

That's a good point actually, MXCP might be on my buy list again after the froth dies down and they sink too low 30's.

It all depends on how they get there.
If they tanked to the '30s then I would sit it out for example.
If it went low but hit and bounced off a resistance level then I would buy again.

[leedsu36] 01/2/2019 11:08

Up to you Suneday but consolidation is never a good thing for the pi.

I'll guess a retrace on run up to Feb 12th then when we return at 55p-ish a further retrace to 30p until it settles,then choose your re-entry point.

Laters...and eagerly wait for news.

[chimers] 01/2/2019 10:57

Elephants don't gallop.
It's game over.
Prob sink to 45p after a few weeks and then sit there for eternity.
More action to be had now with the satellites.
Even if it rose so what it would need to rise to £1.80 just to get back to 3.5p
WONT HAPPEN.

[suneday] 01/2/2019 10:38

So you're out. It's been a long time, but I'll stay.

[chimers] 01/2/2019 08:43

Yes I suppose they have held off until this was done so newsflow should increase probably.
Looks like this was the last job to be done before they started the show.
Would have preferred 3p beforehand though :)

[chimers] 01/2/2019 08:41

I suppose with over 3 billion shares in issue it was always going to happen but they should have done it sooner and not waited until it was on its knees.
NOBODY buys investment vehicles at the best of times let alone at 65p.
As a penny stock it had potential for a decent spike but that won't happen now.

[leedsu36] 01/2/2019 08:37

Just to add.

67m shares is exactly where we want to be to generate interest and get things moving,I expect rapid newsflow after that,it's been the one big elephant in the room for far too long now.

[chimers] 01/2/2019 08:37

I think it is a horrible consolidation 1:50 means an share price of 65p

65p is a nowhere price, it neither inspires confidence nor hope it has the look of a share that can't get it up!!

Also I have never ever seen a consolidation that has worked for ANYONE ever!! esp in small caps on Aim.

All it does is provide it room to collapse.
But it was always something likely to happen despite their lies.

AMOOT.
There is nothing to play for now.
They are just another mid-league team struggling to stay out of relegation.
The Action was to be had in numbers.
That action has been wiped out.

1m shares is now 20'000 shares.
For it to multibag now it has to gallop and elephants don't gallop.

[chimers] 01/2/2019 08:29

Yeah, no worries bud ;)
Laters.

[chimers] 01/2/2019 08:20

Ah well, there we go Leeds was right.
Consolidation it is @ 1 for 50.

[suneday] 16/1/2019 17:04

It moved it. Interest, at the very least.