I'm asking a genuine question- I have posted the same on MSMN. If you have exercised a legitimate preempt then I wish you and your holders well however it would only be fair to ask pertinent questions.
My observation is just that - where is the competent person sign off normally associated with such a transaction? A third party with industry credentials is required to ratify such undertakings and as far as I can see this has not been included in the RNS.
Who is that person and why have they not been mentioned?
I second you. Next week should move up, after the profit taker, MM's are short of shares as you suggested, and I beleive they are still is. Difficult to get 100-200 K of shares the whole week. All the best if you are in.
There's no reason for anyone to want to sell down here.
Currently £1.5m MCAP when a £3-5m MCAP is more rational after the news this week. That's a 100-200% rise from here.
A combination of profit taking, negativity from legacy shareholders and disgruntled MSMN and MMs being short pulled it down. Many on the sidelines will be looking for re-entry the moment this perks up.
Always appreciate your wealth of information and analysis for NTOG. Please from time to time write your comments about what we should expect in the near-far future. As you can see the board is missing such a person.
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