reminds me of 1986-87... any prospectus at all for any company at all were mobbed by share club members holding mini bottles of wine cooler
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Haha, I'm treating this as a lesson in irrational economics. The price is completely detached from the company and it's really just the momentum from the juggernaut that is Sharesies that's pushing the price up...
I'd like the Sharesies mob to get all excited about SCL... or AFT... but I guess a share needs to be a few cents a share to be exciting
I excited today seeing no logic to hold after making a 40% Return, agree for no logical reason it could hit 10c but I’ve left something on the table for the next buyer.
Sheesh. Looks like another crazy run today too by the looks of it...
Tulips anyone?lol
theres a guy on their FB page saying "the rumour is its worth 30c"....
The BGI NTA currently showing on NZX @ $0.15 looks like it's a screw up
Probably has it's origins off the BGI March 2020 FY NZX Filing
What would a Listed Shell on NZX be worth these days ?
A good point with BGI is that it was likely one of the lowest SP listings carried on the Sharesies platform for a time
and they dont carry all of them on Sharesies
(eg: TRS - now known ACE or Ascension Capital is & was not on there as far as I recollect)