Watermark Global Share Discussion Threads

[reutersman] 01/10/2012 09:53

correction 2 x 0.19p buys

[reutersman] 01/10/2012 09:47

1 million bought at 0.194p and another at 0.19p

[mine cap] 01/10/2012 09:44

This will defo test 0.25p today in my opinion

[moreforus] 01/10/2012 09:41

ok testing days high

again!!!

[moreforus] 01/10/2012 09:39

paying 0.19p

0.20 test.....again

once broken ....

WET has also broken up and over the 200 day MA for the first time in 15 months

[mine cap] 01/10/2012 09:26

Its starting to get tight already,this will pop open anytime

[maxmarilli] 01/10/2012 09:20

l2 only 1 mm at 0-18,should attempt 0.20 by 10am,imo...

[ertugrul] 01/10/2012 09:18

very good volume again, nice rise and hopefully 0.20 will be broken soon

[barnetpeter] 01/10/2012 09:10

Well I got .18p for mine bought at 0.11 so happy to take the cash. Current price is probably fair enough...lots of doubt about some of this "cash" so a big discount is fair I think. reckon it will drift back and will buy back then.

[reutersman] 01/10/2012 09:10

more4us,the mm,s ploy at the moment will be to try gather as many under
0.20p as they can to then "make the market" as they know with a net asset
value of a stated 0.33p on friday that punters will chase this up to that
level. When they want to release it and have the volume to play with they
will do so...have seen this so many times on aim.

[maxmarilli] 01/10/2012 09:05

getting good to try 0.2p,imo

[reutersman] 01/10/2012 09:02

more4us,difference is those other companies are basket cases but this is
very much a company on the up and the mm,s know it.Id be interested to see
the next holdings rns and see if one of the big backers have increased their
stake. They still trying to restrict buys even on the higher ask which tells
you where this is going...they will release this at some point and it will
pop through 0.25p easily on its way to 0.30p IMVHO.

I bet there will be some press article in one of the big finance papers this
week and then watch it go :-)

[reutersman] 01/10/2012 08:46

more4us,classic mm games here from open and you can bet some large trades
have been done and not published.Agree about the best to come but the sp
at moment will catch up with the latest results announced first. 0.25p today

From RNS

"The Company,s assets now comprise largely listed investments and cash or cash equivalents. At 30 June 2012 they were more than £5.0 million or 0.33 pence per share. The Company’s net asset value is significantly greater than the Company’s share price even without adjusting for the current market price of MRI (which would make the net asset value nearer to 0.4 pence per share) and we are working to achieve a share price that more accurately reflects the value of the Company. "

[mine cap] 01/10/2012 08:43

Morning all,have joined the party this morning as i think this could easily
do a 200-300% gain long before the Mri comes in to play.The mm,s know this
is hot property at moment but you will see them release this some time today.

IMO

[moreforus] 01/10/2012 08:41

JS we all love that bit....thats what the pond life can't handle....

which would make the net asset value nearer to 0.4 pence per share

also reading the balance sheet they had 796k gbp cash at the end of June

add in the 25% of the 1.58 mill returned plus a 100k fee less ..50k cash burn (trade payable 50k Cenkos fees taken up with 0.15p shares??) maybe 1.25 mill gbp in cash with MRI stock and stock loan still at work.....

interestingly if the 60 mill seller had waited he'd be 36,000 GBP better off

ouch!

[johnspain] 01/10/2012 08:37

love this bit in rns
"The Company's assets now comprise largely listed investments and cash or cash equivalents. At 30 June 2012 they were more than GBP5.0 million or 0.33 pence per share. The Company's net asset value is significantly greater than the Company's share price even without adjusting for the current market price of MRI (which would make the net asset value nearer to 0.4 pence per share) and we are working to achieve a share price that more accurately reflects the value of the Company"

[reutersman] 01/10/2012 08:33

The mm,s have been trying to lock out retail buyers this morning and i
suspect some institutions have been aided to get a few whilst they lock
out the little guys.Think this could pop through 0.25p today.

NAV of 0.40p and earnings per share of 0.17p ( wont be cheap for long IMVHO )

[moreforus] 01/10/2012 08:29

lol BT ...i think it's genetic rather than nurture