I bought shares in this company at 4.5p in September 2003. I see they are rising. Can anyone tell me please the growth potential for this company as they have just been awarded several new contracts ?

Still holding.. been in about 15mnths at 12.5p..should have executed a stop loss but didn't.. not worth selling now...so hoping that something good happens somehow..:(

Littlejohn,

Like Skyhigh, got in too high about a year ago and now not worth selling. However, I noticed some 100k buys recently and there's been some positive talk in ADVFN. If there's anything factual, then it may be worth averaging down but IMHO, nothing short of a miracle is required to exceed 5p.

Ramu

Im in the same position as you guys, didnt use stop losses last yr, mainly because in the past Ive been caught out by cutting losses to early only for the share to recover.

It is fair to say that from Nov 03 until spring 04 that everything was very positive around this share such as threads being accurate with predictions and brokers rating this share a strong buy therefore became a difficult share to predict ?

Ive not sold any of my holdings on the belief that things could change around again and all such as suehelen & new broker ratings might re-spark this share, Im sure that a lot of traders and brokers have this share on their monitors ready to pounce?

Anyway waiting for next RNS to come through & hope that after 12 months of crap news a more positive statement is on the arisen.

Good luck all holders

Moi Aussi - I still hold 500,000 shares in the vain hope that some good news will come through. Only really holding now as a means of offsetting gains in other shars (SEO). I learnt my lesson on stop losses with this share - an expensive way to learn.

Maybe some news soon - but dont hold your breath

what is going on? A buy out!?

what is going on? A buy out!?

anyone any ideas for the 100% rise today ?

What will the morning bring?

MS

A 40% rise, thats what! And its only just begun!

But why??

This is in Yo Yo mode.

MS

strange that there is nothing in the major papers about yesterday's rise..not even in any "risers" lists.... maybe this is a false alarm/alert, a classic pump and dump exercise.. without any rns release soon, this could go all the way down again...

Too true.

MS

The volumes have been quite high, maybe there broker is recommending cwv to its clients for some reason?

CWV shares suspended and are in reverse takeover talks. what does this mean?

it could be good. sp comes back higher.. increased mkt cap/turnover etc..
or it can be bad if a dilution of shares comes along/more shares issued to fund aquisition/expension/development plans...
most times a reverse t/o should be good and sp comes back stronger but...anything can happen,, I've seen it before that a reversal can be bad for the sp..lets hope it's not too long before we all find out.

A reverse takeover means they are buying something much bigger than themselves. The current business is therefore of little importance and a change of management is likely (probably the directors of the company reversing in will take over the reins of CWV).

How is the new business to be financed? Probably a large issue of new shares by rights issue? Possibly.

Will the share come back higher? Only if the market thinks the new business has more promise than the existing one. As the market thinks the existing one stinks, the chances of a higher share price per shares in issue after the change is likely I would think.

I disagree with a dump and pump, not what happen in the last 6 mo. More a classic example for insider dealing the large trade volume coming in not without a reason. Someone, not like you or me, was already in the know the week before and quietly accumulate stock. One would not dare to buy yesterday morning even when SP has only risen 10 or 20%, fear that money will be locked-in for too long, rememeber that few days ago the spread was over 30%, sane trader without inside information would hesitate to buy.

Things are brewing again finally, Not being personal but who's still holding & how long, Myself 227,000 bought 152k in nov/dec03 & 75k feb05. I plan to hold long term 5+ depending on boards coments over next 12mth.

good luck all holder's


suehelen, what is your view on this stock and current events, regards littlejon.

Littlejon, I like you bought a boat load when they were yo-yo ing at 14.25p. and when they went to less than 2p I wrote them off as a long term wait and see share. Good luck