Redt Energy Share Discussion Threads

[alchemy] 01/5/2018 08:20

Think the bid has actually risen. Yes to that m a set of observations Brucie.

[brucie5] 30/4/2018 22:06

I should add, I think we'll see multiples of the recent 6p level before long. 18p is my medium term target, which would make it a three bagger from there.

[brucie5] 30/4/2018 22:04

Well one man's pennant appear to be another's falling wedge. It's a bullish retracement, so long as it then moves up... Otherwise I would agree with your analysis. And given that 16p is the level to beat, somewhere over 20p seems eminently reasonable.

[dr darkstar] 30/4/2018 20:35

That's no pennant; it has the chance of being a completed falling wedge (essentially a potentially bullish retracement) if we break over 10p and hold. End of May or slightly sooner looks realistic for such a breakout, which when it happens brings a retest of 16/17 and a price objective of a tad over 20p

[brucie5] 30/4/2018 19:31

Triple bottom in place, and now through the 50 sma. 8.5p is the level to beat, as it puts us above the 200. There looks to be a nice bowl forming, and upward moves here tend to be sharp. I would call 10p as the immediate objective, which would create a pennant on the chart from peak in 2016. IMHO.

[ducatiman] 30/4/2018 19:30

Sorry net but what do you not agree with exactly?

[netcurtains] 30/4/2018 19:13

ducatiman: I sort of disagree - if its worth buying for the belief in its potential (and we all think it is) then 7.5p is a steal... In fact anything under 13p is a gift.
After 13p we're getting into more unknown territory.

[ducatiman] 30/4/2018 18:19

Yes this morning after open I could sell at 6.47 and buy at 6.48. Another 1m placing shares flipped today. When they are finished we are away! With decent news of course. GLA, duc.

[spud] 30/4/2018 17:10

Taken another 125k today. Lth imo. spud

[jswjsw] 30/4/2018 16:00

The quoted spread is ridiculous - designed to put people off!
Reality is much different - am quite convinced that 6.47p trades this am were sales, so real spread only about 0.02

j

[alchemy] 30/4/2018 15:56

It means 40% to those in at 5 . But yes, get your drift. Easier to ten from 7 than 5 or 6 though.Brown Ian motion?

[netcurtains] 30/4/2018 15:48

we need to get out of the 7s,8s before this means anything. As others have said, needs to be 10 before we get into recovery mode.

[crystball] 30/4/2018 15:42

Nicely poised now!

[dr darkstar] 30/4/2018 15:00

10p looks pretty certain from here imo

[ducatiman] 30/4/2018 14:33

Or were lol

[alchemy] 30/4/2018 14:31

Nearly 7 paid. We don't want the too high too soon problem now do we? Brucie , and some others , will be pleased.

[ducatiman] 30/4/2018 14:31

Placing shares being flipped

[alchemy] 30/4/2018 13:41

Newsletter reads well.

[alchemy] 30/4/2018 13:35

Obvious to you. There's the tick up , or rather a tick up on less than .14 per cent of the stock changing hands.

[chicken01] 30/4/2018 12:48

It's quite obvious that this share price is being manipulated, one or two sells send it plummeting and dozen's of buys and no movement upwards...looks like this is going to take months if not years at this rate...

[dr darkstar] 30/4/2018 12:33

Didn't understand that, but its high time with all buys this morning its time for a tick up.

[alchemy] 30/4/2018 12:18

23 proper blue on the trot.

[dogrunner11] 30/4/2018 10:38

No, the project that Centrica have running is what Atlantis wanted see running before buying

[qvg] 30/4/2018 10:30

dogrunner
Surely the large scale contract is not with Centrica? and is 0.6MW, not 3.5 MW?

maybe the October 2016 article talks about future projects of 3.5 MW with Centrica, but given the time lag i guess some were done in 2017.

[dogrunner11] 30/4/2018 10:23

If I recall that ft article was back from
October 2016, you will need google it as my link no longer works without access to ft