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well I've just raided the piggy bank and topped up again
CRL123, the other projects are on the back burner, hence the caviats to extend the deadlines- INFA has always been a multi project company- all eggs in 1 basket does not make good business sense. They are however waiting to complete on the first before the second-Third-fourth starts. In my view it makes sound business sense. If they were giving all resource to all projects at the same time I would agree with you 100%. AIMHO.
Have also taken advantage of buying opportunities this week.
Chris.....why possible consolidation?
I can see nothing but news on the way. Not a right issue as it’d raise zilch. Another Placing at 0.3p or some other intra-boardroom news. Infa should’ve kept to Islandmagee. Never understood the emergency for expansion. I am happy to be disagreed with.
Agreed Mr T.
Chris,
I can't see a consolidaion here for a long while if at all, I think there is quite enough going on at the moment.
Mr T
Hi Radders99 I so agree with your comments & looked behind the sofa & just added 35,000 shares to round up my investment to 2,110,000 (note it is also divisible by 20 as I am expecting a share consolidation).
Radders- agree 100% cant expect the BOD to be a keyboard warrior while trying to close all these deals. Concentrate on the business not the sentiment. Difficult for hlders but we need to keep the faith.
Tango,
Exactly, buy's and sells here now almost on a par yet still 8% down??
If the buying continues could see this turn blue later today!
As I said mm at it's worst.
Mr T
JW is managing the Project and not the SP, I know been mentioned he doesn't understand AIM, but isn't understanding Gas Storage Market more important ? His focus is for the long term benefit of shareholders and not to enable short term profit or manage the market manipulators.. IMO
You never see the market work the other way??
Hi Setanta,
I agree no RNS today and market manipulation following some comments on the old twitter. Still think the market is nervous and that relates sloely to the H & W acquisition.
Mr T
This morning there have been seven sell trades of over £1K, and one or two of those have the appearance of a rollover. So not a huge amount of contrary activity. My guess is that it is a bit of market manipulation by those who want to see how low they can take a newsless, nervous share.
I do not believe it is related to the H & W purchase because the balance of the finance is not due until the end of the year.
INFA certainly needs some equivocally positive good news and until that arrives the SP will be at the mercy of a pitiless market. I do not believe we will see an important RNS today. It's the market
Think people can see this has gone way to cheap now.
My money is on a 16:30-17:00! After all the news is already known to a lucky few! Unless it is just people getting some money for Black friday..
Let us await RNS at 4:30 today or 7:00 Monday.
13 mill sells 13% down- Monday 30 mill buys 30% up :-)
Whatever it is, it is priced in to be deemed as negative. Big bounce Monday to counter the over reaction IMO
Stonking paper loss now.Who isn’t (?!)
Infa works on leaked infa ( mation).
Always has.
TR1 /Placing/Rights Issue/other funding/resgnation/whatever....
This is not meant to fuel irritation.
It’s how Infa works because I’ve been caught out from day one.
The question ( to me anyway) is....what?
Radders
For me this is all about financing the H & W purchase, nothing else, it's quite a daunting step for a company valued at 5/6M to raise 6M to acquire a business.
The funds will be taken at a punitive rate theres no doubt about that, lets hope they keep any equity raise to a minimum.
Mr T
Just to keep a little perspective. We have had no news. There are 11 Milestones due between now and year end and nothing to say these wont be hit. If they are completed as planned then this will be the real launch of INFA. This does feel like someone has shouted fire !
I had some of these at about 1p I got out about 0.6 about 2-3 years ago, bit if a loss bit nothing I couldn't afford to lose. Been watching ever since. Been reading the same comments for just as long "6 months and they'll be at 1p/2p" They're only going one way! Sinking ship grab a life raft while you can. Better something than nothing.
Any coments of concern on here will be twisted, magnified and used by the anti's. It's their MO.
As mentioned earlier this week by some. People have to mindfull of what they write.
Perhaps that's where this weakness is coming from.. Substantial holdings may be about to be diluted enough to cancel the Do.
Hope you can give us some ceet JW
Is the TR1 club dinner anytime soon ? Perhaps Dawski and Nobby can give us an update ?