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Got ya...
$1.20/£ - that refers to the current exchange rate - looking at it another way, take the UK SP, multiply by 5 then add 20%...
It's your bottom line in your 8.53 comment, you should have put $.80 instead of $1.20
1/5 less exchange rate - 13.5p x 5 x 1.20 = 0.80c
Are you not mistaken ????
$1.20 = £1.01 ÷ 5 = .20
I'm getting more and more comfortable that the previously ongoing seller has long ish ago stopped now.. indeed hopefully finished, finished now.. and so I've been buying these by small increment recently.. and would continue to do so for a while yet into any further strength..
Alas, my average is plenty too high still .. mostly because this share has been utterly battererd.. but here's hoping for a good rally back towards 20p now.. please
Must be on the cards. US trading in early 0.80’s yesterday, buzz starting to build around next update. Remember at $1.20/£ MTPH should be trading at 13.5p equivalent
But US sitting on 0.79 daily at close - approximately 13.5p equivalent. Should rise into news, especially whilst the £ is weak against $
Note also their recent LinkedIn post boasting about their new facilities;
“The modern and functional space is a great place to work and has certainly played a key part in the advances to our #MTX110 and #QSphera technologies in the last 12 months.”
Hint, hint??
It's like a coiled spring ready to go, let just hope it doesn’t snap..lol..gla
Ps..slowly holding gains in the states.
No news for a while now…
We should be out of 10p territory soon!
12 equivalent in the states atm...gla
Our update on the GBM study, due third quarter...gla
The stock exchange that is - **** up with the SP on that 10.40 trade, nearly had a heart attack!
Way, way oversold. Fully loaded here, waiting for fireworks. Would be nice to reach upper teens as a platform first though
Nice cup and handle formed, this is looking good for a rerate...gla
Any thoughts?
We could have another tick up this week prior to news, it seen the US is leading the way...gla
Could see 11p on the close - trending 0.80c+ in USA
well, in short
Armistice Capital bought the bottom for long sufferers, SP should build on that
https://www.fca.org.uk/publication/data/short-positions-daily-update.xlsx
Now = to 13p in US…
Up again in the US.....is it too early to start to dream...gla
alsway so hard to know if this is the start of a sustained bounceback via a meaningful buyer in the wings or just a small rally that will see selling undermine/reverse it soon enough as we go.. I'd think it may be start of something meaningful is goes straight on up to 12p ish.. and probably add some back to my now smallish holding here around then too
Creeping up there - = to around 12p here
In the US, hopefully just the start