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perhaps they are thinking about the 100p warrants from last year, the placing for the Americans is at 110p
toomuchshine
What are you talking about ?
100p placing for the Americans
Grabbed 27.5k this morning
Good price. Cheap for dddd
Which is precisely what every company needs going into licensing negotiations otherwise looks like it depends fully on out-licrnsing cash
The reason this has gone down is because the talk is about how to raise money rather than make money.
This is short term fear, long term I think the company looks good.
Why the big sells?Anyone know?
Talk of raise and funding price etc. twaddle, nothing better to do?
Starbuck
Whilst I respect your opinion of funding being at 1.10 I don't think that will be the case. That said, if you are right and it heads to 1.10 it will b the bargain of the year....or one of them anyway.
Don't think so but again, would be more than happy if it did. Would buy more again. I honestly believe this share is as close to a no brainer as you will find. Such incredible upside potential and minimal (no share is ever 100% risk free) downside risk.
Probably going to 1.1p funding price imo
Just joking here Crusty - but maybe if they published their SMART objectives for the next 12 months people would be happier :)
In all seriousness, I completely understand why company would not want to go into details of what two Finance experts would be focusing on (in a year where we're expecting a placing Q3/Q4, licensing agreements, Nasdaq listing and US investor focus,etc.)
Two good people, I would agree but when making the announcement it would be sensible for the Exec to make clear how it is that these appointments are anticipated in benefitting the shareholders. Might this be simply be a dependency of the LOAC tie-up? Without that explanation the market are left to draw their own conclusions and that is never a good idea - it simply looks like more cost without any obvious, direct benefit....
I am sure there are many benefit, so why not spell them out rather than leave shareholders guessing.
And yes Soundsrisky I too have bought a few more today.
Why are people selling so that price goes down?
Perfect. Bought more. We all know the re-rate is coming.
Yep. Appoint two good people to further the plan.....and how does AIM react! A downward trajectory.
Maybe if they worked for free this news would've been received better? :)
Can't wait for this stock to move even further into II hands. And away from the AIM casino.