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£15k buy 🤔
Pop into have a look every now and then here due to the promise AeoniQ seems to hold but good to see them win a major contract with synbio too.
It was about time they had some positive news imo.
And now Darren Morcombe has increased his holding from 10.45% to 11.55%… 🤔
So someone invested £250k to buy 2% of the company yesterday afternoon… 🤔
Dave
blimey,200p down to 9p,that's one long downtrend.
anyway,its all about timing and it looks like you got this top up,spot on.
once those placings have been offloaded.
since covid and high inflation,there's a lot of 5 year charts,mirroring heiq's.
bad news if you bought before 2020,good news,if your buying in,around now,just before central banks,start lowering interest rates.
soon be SUMMER.LOL.
I don’t disagree with you Troajan. I’ve been topping up down here over the past week or so and managed to get my average down to 15p (now got over 1.7m shares 😳) as think this will get back up to 50p+ over the next couple of years so good to see some buying today!
Dave
anything 9.00p looks like a buy to me,even those printed has sells.
A couple of slightly bigger buys today so maybe the new Chairman buying some skin in the game… 🤷♂️
8.80p.....looks like the end of the downtrend..imo
lets see
I'm in the same boat. significantly under water. On paper the products and the collaborations look good, but have we all been used to finance someone's personal play thing?
I didn't take part in the retail offer because I think it will keep dropping below the offer price. Thankfully i only speculated a little in this company.
The lack of updates frustrates me. This seems to do nothing.
I only speculated a grand on this a few years back, but at £1.31 a share.
I wish I'd sold out as soon as the shares resumed trading a few months back. Instead there is this daily dribbling away of value. A very frustrating share to hold.
Spread over 14 offices in about 8 time zones in 5 continents they would appear to be an overly complex business.
And without being cash generating I would say they were fighting on too many speculative fronts.
It is no wonder that they have struggled to keep up with reporting since listing. Further pains ahead me thinks until they can simplify and focus.
Restructuring/refinancing still to come.
What happened to the Jan trading update?
Looks like we are stuck waiting until the publish final results in April.......assuming they can now get their accounts done in time.
One frustrating share to have been holding the last year this is
See more directors buying this in 2024 ...very cheap now
Money to come in ...news expected
Primed for a bounce up
I wonder how their plans to raise $20M series A for the 3000 tons manufacturing plant in Portugal are progressing.
I see these multi-bagging and a great time to pick these up today
Have written these off now. Expecting a lowball offer, probably from management, to take them private again.
I can’t see them going to the wall! The business has been around for almost 20 years. I bought and sold back in 2021 but bought a few more just before they were suspended but have been hoovering up shares down here since they started trading again. I feel confident that they are a good investment, even at double the current SP but I guess only time will tell whether I’m right or wrong…
Management seem to be the epitome of the statement 'power is nothing without control'. They seem extremely innovative and entrepreneurial but without the ability or class to manage it properly over a long period. I am a small investor here and I would like to have the confidence to add more as there are some aspects of their business that I like - but they scare me a bit.
Unpredictable: as likely to go to the wall from their exploits as much as be the next big thing.
I think the risk here at the current SP is minimal. Yes, they’ve made some mistakes (delayed audit) but they will have thrown the kitchen sink of bad news at this at the end of last year. The bottom line here is that this is a good business that’s gone through a poor trading period, having got ahead of themselves but the MCap is currently at about 10% of what it IPO’d at so I for one think it’s a pretty sure thing to at least treble my money over the next 6-12 months and multi bag over the next 1-3 years! The team running this business have lots of skin in the game and Darren Morcombe, who helped IPO it, has recently increased his shares from 3.99% to over 10%! DYOR
Expecting to hear news of a refinancing deal and/or equity raise before the end of the quarter. Also an update on their cash burn. For me this is a company of extremes eg. Raising equity in a sub at $100m+ valuation from blue chips but only valued at a fraction of that overall; complex international footprint but unable to do the basics right (delayed audit). Plenty of risk here still from where I sit.
“Doesn’t mean they will of course”
But if they weren’t thinking about buying more why bother going to the effort of splitting up the party… ?
Let’s hope they all do at this market cap!