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Are we due news?
Someone said ex uni lads have taken over... Boom!
An RNS would be nice just for an update
So many staff from UNILADS on board. Look at linkedin.
http://bit.ly/31QRd8B
Quite a few bigger chunky buys today. Is it a turning point? Let's wait. Starts getting interesting.
Tbf there have been like 3 0700 rns this year. Most after 1000
I'd hoped the 'within days' mention in last week's RNS would mean we'd seen back of fund, DS shouldn't have put this in an RNS if it wasn't going to happen, a week now, not days.
what will this week bring
Will it be a discovery of pure green or pure gold ?
Different servers Domain name: iconiclabs.co.uk Data validation: Nominet was able to match the registrant's name and address against a 3rd party data source on 11-Jul-2017 Registrar: GoDaddy.com, LLP. [Tag = GODADDY] URL: http://uk.godaddy.com Relevant dates: Registered on: 18-Jan-2019 Expiry date: 18-Jan-2020 Last updated: 18-Jan-2019 Registration status: Registered until expiry date. Name servers: ns11.domaincontrol.com ns12.domaincontrol.com
From WHOIS Domain name: iconic-labs.co.uk Data validation: Nominet was able to match the registrant's name and address against a 3rd party data source on 03-Mar-2018 Registrar: GoDaddy.com, LLP. [Tag = GODADDY] URL: http://uk.godaddy.com Relevant dates: Registered on: 03-Mar-2018 Expiry date: 03-Mar-2020 Last updated: 04-Mar-2019 Registration status: Registered until expiry date. Name servers: mark.ns.cloudflare.com nora.ns.cloudflare.com
That site has actually been up for at least several months.
The Iconic labs in Germany and USA are different business sectors whereas the Iconic-labs.co.uk site is in the same brand awareness/marketing business field and is London based. Thats what makes me think its them.
Our address - www.iconiclabs.co.uk
Their address - http://iconic-labs.co.uk/
The logo's are different, as is the design of the website. Their website also has news from 2017.
There is also an Iconic Labs in Germany and one in the US.
I'm sure news will come soon, but I don't think this is it.
Looks like them to me, what makes you think its not?
Yea ignore that I don't think it is either
Not sure that is the correct Iconic Labs?
Nice looks like things are finally happening. http://iconic-labs.co.uk/blog/
I think this will be the catalyst as it will reassure the market legacy WDC and any costs association have been dealt with - in terms of fund then given what the unilad guys and DS inherited I think they have done well to manage the fund out - it could have been far worse
Remember the fund has to retain minimum of around 60 something million as per agreement. It’s entirely possible they may just drip what’s left into any rising market over weeks and months.
Lets see what Monday brings.
#GLA
RdR - I think you are agreeing with me, mostly.
The volume on these low volume days, I think, is generated by MMs and not fund selling, or very little fund sells.
Just out of interest why do you believe the sp could be 1.5p this time next week?
Oilnovice - Totally and respectfully disagree on both points. Not every sell but there have been a lot of buys which could be also considered part of the pot (broker conversions).
This thing is a coiled spring and we already know that there is a back log cf contracts due to be announced that could have a profound affect on the MCap of the stock. Combine that with the name change and other organisational updates and 1p+ should be breezed past very quickly if they get the news flow right.
RdR - the 200m shares were converted on Wednesday this week. So in my opinion there is no way the fund is anywhere near out.
Also, not every sell that goes through is the fund selling their shares.
My view is the fund will sell into sp rises (as LB suggests).
Lastly, the LONG-TERM target has got to be over 1p but I don't think we will see this any time soon. In my opinion, it will take 4-8 weeks for the fund to sell their 200m+ (but retaining 5%), and even then, only contract news + disposal/ stabilisation of stem cell business will push this sp over 1p.
I hope I'm wrong and we get RNS galore, but personally, this is, and always has been, a longer term prospect... You need to hold, buy on the dips, and review every quarter.
Yup.