The chart for this stock says it all.

The company is quickly becoming a real gem in the telematics field, over the last month the co. has announced re-seller contracts which will bring in min. 2m or >30% of last years T/O alone.

The company is already experiencing massive organic growth so the co. should be profitable now following last years 500k loss.

The co. has approx. 6m cash and is in one of the hottest growth areas at the moment.

With a market cap. of 25m this will be re-rated x2/3 minimum within the next 6-12 months IMHO.

MM buys went through on Friday with T/O continuing to build, one to put on your monitor...

GTL is on my watch list, I just read their intrim posting on face of it poor results as against 'good results' here not a lot of trades but shares at 9.25p up0.5p 5,7%!!!!!!....?????? this seems to be oft seen 'pattern' .....D.

Personally I think there will be a lot of short-term traders wanting to get out who bought between 3.6ish and 3.9ish and expected more upside...so I don't expect price to be able to bounce up. Think it will get pushed back any time MM's try to raise it...with phases of MMs bringing in wide spread to hold it at times. Reckon it requires news to have any significant effect. I think Cybit will have indicated to the recent issue investors 1) that the results are good(which they will know may not give a great boost as I think reasonable results were expected and price indicated this) but also 2)that contract news was imminent. The interims makes a point of highlighting the new (hoped for) 3p 'base' and I see them as seeing above this level as a starting point between here and the finals.
Personally I have held my 740000 in a surprisingly relaxed manner recently as I am confident that within 4-5 months the holding will be worth a lot more. I work hard for my investment seed money and I don't want to throw it away ......
For those who are down I really do think that over a sensible time frame they will do you well. Perhaps if you are going for the 'Best trader of the year award' by bouncing about frantically trying to catch a multi-bagger then it may pay to chill-out and wait a while and you might just have caught it. Double+ todays price by April/May possibly...not bad if the downside is unlikley to drop below 3p.
Time will tell if I write sense or nonsense. But it's fun..in it!

Dear all,

have been reading all you comments and following the discussion but very new to this game, could someone please tell me more about the bid and ask and the spread and how it relates to the purchasing of shares for the small investor.

please excuse my inexperience vijay

p.s if theres any more to tell abouts the mm's influence on the bid ask etc im all ears. cheers again vijay.

vijayyadh

There is a very good thread on this BB "ASK a trading question!" which will answer all your questions. Also if you read through that thread you will learn loads. Not putting you off but they really know what they're talking about on there, much more than I do anyway.

Good Luck!

I've put the thread in question to the top for you.

Things seem to have settled down a bit now, it has gone extremely quiet. Now all we need is some nice write ups in the weekend press, contract news and some big investors. All this will happen.....you mark my words!

Not many trades today, what can it be?

Rapid rise not materialised intrest gone, traders & contributers to this thread also, i,ll still be around here. goog wishes to holders D.

I'm still here too Douggie. And agree with others that it'll take more news of contracts to help rise CYH from here. It will happen soon.

i still in here as well.

From past experience due to the sell/buy ratio increasing I would sell and take a small loss and buy back in when the price settles.

azhar how low do expect it to go from here, must be near rock bottom now xfinger D>

Offer has gone up a bit.

All buys since 10.37 INCLUDING the 800,000! This has hit the floor. Look what happens when the bid goes so low, the buys come flooding in.

800,000 delayed buy from 10am.

Money am shows the 800,000 as a sell

Little puzzled as less than 1 million bought and 2+ million sold and price has gone up. Dont understand what is going on here

Looks very complicated at the moment, a share that was a volume leader in last 4 weeks hasn't traded much. I am very confused.

Pumacat,

Some of the aparent Sells are actually Buys, but have been reported late. By the time they appear the price looks like a Sell.

Thanks Skids

11.6% spread not goin to help a lot is it?

Patients is a virtue!

Its just manipulation again! They should not be allowed to do this! (they probably aren't allowed)

Don't play into their hands...Remember,when we're selling, they're buying! (I wonder why that would be ;)