Ridgecrest Share Discussion Threads

[master rsi] 25/4/2021 23:45

The idea of a SPAC share is to have a premium to cash, and use the higher share price
stock to make acquisitions.

Now the premium comes from a good management, plus the type of business to be acquired.

The problem has been on the last RNS, the broker and Market Makers interfered and the NAV had to be mention, as it has been in many companies of this type.

[cielos] 25/4/2021 23:27

>>>>> if it is fact based.

Only a stupid person would say that, in this case, is "the strapped Bomber"

>>>>> In my view its always healthy to have opposing opinions

Opposing views are alright, but views of NAV like yours, are rubbish like you.

[reb_ban] 25/4/2021 15:09

So every SPAC is overvalued in terms of NAV - really buddy!

...Maybe its better to polish the 'Tu_rd' that is JM Haba!

[ebomber] 25/4/2021 14:25

investor120

In my view its always healthy to have opposing opinions on an investment if it is fact based.

[reb_ban] 25/4/2021 13:27

Israel is at the forefront of various 'Disruptive technologies' presently where many companies (that have long been at development stage) are finally gaining some serious market traction...And that includes Brandshield!

...Haba, why have you such an affiliation to RDGC, its never prudent to become sentimental to any asset buddy and it will cloud your judgement!

[investor120] 25/4/2021 09:47

Haba....very strong words....people selling are impatient idiots eh? My view is unchanged....grossly over priced here.

[haba1] 25/4/2021 09:30

ebomber, sell up & move on. In fact do a little dance while you are selling. Deal is done, price was crashed deliberately & people in the know are slowly mopping up shares from impatient idiots who sell. The amateur club always get caught out. I’ll be back after the RTO flying middle fingers around. I couldn’t care less if anyone buys or sells right now. The price will never go near 0.44p I can guarantee.

[ebomber] 25/4/2021 08:52

Readers of the Mail on Sunday last week will see on page 126 reference to Ridgecrest (RDGC) and statement "bosses say cash shell shares overheating".

Maybe a little further to fall as cash burns away and NAV of 0.44 pence is further eroded each week.

Let the market decide.

[ebomber] 25/4/2021 08:50

investor120 we can conclude haba1 knows that simple fact.

Why else is it posting non-sense when it really knows less than £2 million cash in bank today (reducing daily) cannot ever be valued at £4 million.

Nearly 100% HOPE VALUE.

But haba1 references insider knowledge as part of its pathetic ramp.

Most like to focus on the facts that are widely available today. It has clearly not read the recent RNS from the company stating the share price is overheated.

[investor120] 25/4/2021 08:18

Anything above 0.50p is simply HOPE value. Thats my point.

[haba1] 25/4/2021 08:04

Ok so once again do you think the price should be 0.5p? Honestly there are so many clueless idiots out there that think every stock should be exactly the price that values it. This is not how the market works, price reflects potential, inside knowledge etc. If it’s widely understood a company is going to grow, the price will reflect that. Investor120, I strongly suspect you are new to this & are possibly in your teens. It’s the only explanation. Anyone waiting for a 0.5p entry because they believe that accurately reflects the valuation will be crying into their cornflakes the day the RTO lands

[investor120] 25/4/2021 07:39

I agree with Ebombers post....on knowns RDGC is overvalued imo by some 0.50p. Maybe the pump has stopped for now. Anyway good luck.

[reb_ban] 24/4/2021 15:29

I'm sure the BoD will try their very hardest to delay matters whilst spending our hard earned readies frivolously Haba!

[haba1] 24/4/2021 08:09

The company gets liquidated and cash returned to investors. You think the directors divvy it up between them? No chance.

[reb_ban] 24/4/2021 01:20

You tell me buddy because I have no bloody idea what they're trying to do here except continue to keep investors guessing!

[haba1] 23/4/2021 18:37

Where does the 2 million cash go then?

[richardp19] 23/4/2021 16:48

Is this pump finally over

[reb_ban] 23/4/2021 13:05

Your assuming Haba, don't expect a rush by the 'Herd' even with the lowly NAV considering the BODs past action!

[master rsi] 23/4/2021 11:38

I can't believe it the tock has gonee up on the bid 11:19 WINS 100,000 0.85
07:52 PEEL 100,000 0.8
07:35 SCAP 100,000 0.8
07:58 STFL 100,000 0.8
07:51 CFEP 100,000 0.7
07:51 MREX 100,000 0.65
6 Depth
0.9 100,000 CFEP 07:51
0.9 100,000 MREX 07:51
0.9 100,000 PEEL 07:52
1 100,000 SCAP 07:35
1 100,000 WINS 11:19
1.1 100,000 STFL 07:58

[starpukka] 23/4/2021 11:27

haba, if there is no purchase made and they get suspended then disband the co, won't all investments be lost? So even 0.44 wouldn't be a free bet in that eventuality. No trolling btw as I hold a small amount here.

[reb_ban] 22/4/2021 22:35

Desperation brings desperate measures onsideman!