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Morning all. I think we are all in agreement. We just need to see that RNS. What surprises me is that there is not a bit more volatility here at present as people look to take up positions prior to news. My gut feel is that we will have at least a 50% uplift on news of the $300k deal and if, as has been intimated, there are more contracts then it could go higher. Happy to sit and wait.
Morning to you too terrafin, that's the million dollar question isn't it? If everyone knew then the SP would inflate before news hits, I guess that's part of the plan to avoid "buy on rumour, sell on news". Just launch it into the market without warning catch everyone off guard who's not already invested. We certainly know nothing is priced in at this level. I've read that 2nd Feb RNS over a few times and there's nothing to me indicate that there's bad news ahead. They're even waiting to fill in their clients list on their official website. "Text added soon" I think was the phrase used. I can't see it going on beyond this week or next week, if DD was nearing completion 5 weeks ago something must be on the table by now?
Morning all - is it Groundhog Day again today or will the fuse be lit at some point this morning ........
Are definitely testing PI's resolve aren't they? Amazing though how one RNS can change everything for the better, I just hope the wait is followed by a proportionate reward for the patience. Only time will tell. Keep the faith.
Definitely, there's so much upside and just one RNS confirming the 300k is in the bank and this will rerate back to previous levels as before, possibly even higher as will be 300k in the bank rather than just a promise of 300k. Hopefully too that orders will quickly follow as the groundwork is being laid down now, we know news is coming and I can see why there's no mass influx yet as no one knows exactly when it's coming, but when it does.... Of course it's a gamble but I'm glad I'm in rather than out, especially as most RNS come within hours. Any time now :)
Morning all. Looks like we have some buyers in the market this morning. I really do not see this moving that much until news but it is good to have people getting on board at these levels.
Well we can only hope, after numerous conversions to provide working capital to finalise these deals, hopefully they can now be fulfilled. Hopefully they'll have lined up more than just the one 300k deal and that others will follow same time or shortly after. We deserve good news after our patience and I'm sure Ivan will deliver for us. Bring on this trading week.
Thought so, yes it was no small amount of money even at this price. Money speaks louder than words and hopefully this amount invested will inspire confidence and bring some bzm profits over here ahead of the weekend.
Nice buy at full ask ...
What caused that reaction? The 4.5 million buy?
I agree with everything you said, still I don't believe you'd put your head on the chopping block unless you were certain it was going to complete especially someone with a proven track record. Formalities sadly take time especially possible with trans-Atlantic relationships. I'm holding firm too.
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Yes I agree - the risk/rewards ration here is worth staying with. Ivan has a good track record but this time he seems to have spoken before the money was in the bank which is always worrying - as self-employed 'cheque in the post' always gives me cause for concern but.......I'm holding on.
Definitely, there is some huge upside potential here. Anywhere from 5 to 10 bags IMHO in the short to medium term. I really do think that the statement from Ivan is key here. "We are working closely with our partners in Canada and, whilst we are disappointed that there has been delay in completing the initial orders, we are optimistic that defining the mechanics of these orders will pave the way for further orders in the near future." Get it right in the first place (which is what they're doing with the due diligence) get the hard work done now to get the mechanics right now and hopefully should men orders will follow quickly thereafter. I do feel the risk/reward ratio is good here, just sit tight and wait.
Seems that those extra share are boosting rather than denting confidence. Still holding and hoping. Could be a decent win here for those that hold firm.
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It looks like a correction but why at 0.2p? Hint of something happening or just a mis-recording?
I thought I was seeing things?
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Yes that's a good theory. Let's see what happens throughout the day and if any delayed trades come through out of hours. It does feel like something is brewing.
Strange SP movement up on small trades unless big background buys...
Is this an attempt by MM's to tempt people into selling? If so why would they want more shares to sell? New on the way??
Great psychological boost to be past the 0.0Xp stage, come on Ivan confirm this 300k and established financial model for future orders :)
Why would they sell - assuming confirmation news of the 300k banked and more pipeline contracts arrives shortly this SP will go to another level....
Somebody got 20% of this business for £72.5k on the 10th march they get to sell @300% premium to what they paid.why has this not tanked further ?