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Understood, not blaming Riddler for anything to do with my investment, I take full responsibility for my trades, win or lose. Just an issue with attitude, but hey... it's LSE, there's only so much I can do. Just have experienced his aggressive side personally too, and was a shame because until that point I considered his posts informative and helpful (still do, mostly).
Well said len. I don't think riddler "owns" this place, but what cannot be discounted is that he did post some good information on this board. I made the wrong entry and am underwater right now, but do I blame riddler for that? No. After all I'm the one clicking the buy button, and that the reason I bought in is because I believe in the company and what they're doing.
Been reading here for a while but didn't post, and it's all a bit unnecessary between riddler and share4. Riddler had an opinion which was different to share4's and riddler chose to "filter" him, which he's entitled to. Don't think it was abusive or anything. If share4 does not agree with riddler, he's well within his rights to "filter" him too. As it turns out share4 is right and riddler's wrong. Fair play share4 and credit where it's due. We stand corrected, but no real need to ask for an "apology" (if that was your intention).
I was expecting a placing so i didn't buy much in this stock. I will look at getting some more now. If I'd have listened to him about the placing I'd be about 15k down at the moment and it's not the first time this has happened, I also got in on PYC about 50% down from when he was shouting me down on that. So I have no idea why he thinks he owns the place.
It comes across as he thinks he's in charge here. No doubt he's shared some really helpful information but it's boring to have someone shouting down other people's opinions, and clearly he was wrong so the proof is in the pudding. He needs to learn some humility is all. Waiting to be shouted at now ;)
Not calling him a fraud, but his attitude towards people posting very fair observations has been aggressive and patronizing, when actually they've clearly been fair and well-rounded observations. It's happened a few times and doesn't help anyone.
share4
Jun '20
if breakeven in 2 years is the aim obviously needs to raise more money.
but this is normal for early stage tech stocks and valuation is not just as simple as how much cash has it got and what's the burn. the most important thing is how the spend is transferring into recurring revenue.
riddler Jun '20
Did he attend the 1hr conference today?
No
Did myself and others?
Yes
One if the direct questions to CEO was finances and he confirmed 12mths+ FROM today !!
----
Claiming he has the "inside track" to debunk what was a solid opinion. What would you call this?
I didn't make a call on Riddler's 'advice'
Who is Riddler to give advice?
I refrained from investing too much due to placing, then was shouted down and "filtered" by this person who doesn't even understand when a placing is going to happen.
People said the company was funded for 12 months according to the CEO and there would be no placing. This is incorrect information.
Why are you not pointing this out instead of sticking up for this person? Talk about turkeys voting for xmas
After re-reading the RNS again here's my thought...
Not happy that it's not open to PIs, and not happy that funds are for "further strengthen of balance sheet and invest in sales, marketing, distribution and support". Seems too much fluff and not a solid enough reason.
But the connection with Novartis is interesting, and since it's not an open offer, IIs and directors won't be participating if they don't think positively about the future of the company.
Now with placing out the way, let's hope for a tick up of the SP with the inflow of news, though I have to admit that I'd probably be holding this for longer than originally intended.
Very uncalled for, Riddler is not a fraud You make your own call you don't invest or sell on someone else's advise. It's your call. They have done the raise for a reason and its not in retail hands.
In Riddlers defence he has tipped many a good share and to call him a “fraud” I’d say is rather uncalled for imo.
Placings are not always a bad thing how do people think good shares evolve otherwise. Let's just see how it pans out. Its very unusual that they've named Novartis before any deal has been signed. So thats now AstraZeneca, GSK, Beatson Cancer Research, Waters Corporation University of Leeds
I got a load of abuse and "filtered by riddler" (a badge of honour) for stating there would be a placing at last results.
No they said, the CEO says otherwise.
Very unusual... thats some confidence
Also they have named the Pharma which is unusual must have Novataris approval to do thst.
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Think you need to dig deeper into Novataris. https://www.novartis.co.uk/stories/education-awareness/advancing-healthcare-through-digital-innovation-novartis-uk-and-wayra-uk
Annoying placing but now that’s out the way hopefully nothing to hold it back.
My long term target remains 10p.
Nai/DYOR
Maybe a good buying opportunity here...... you are kidding right
Buys far outnumber sells so maybe a good buying opportunity here
Agree with len there. The timeline for commercialisation is longer than anticipated. No choice but to hold now. Thought about averaging down but it's 1.79 to buy with the big spread. And yes, not happy with placing not being offered to PI's too...