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There is no leverage based on what you have repeatedly posted today. Its all priced in apparently so again why are you here?
I’ve sold most of mine around the 1.8s. And like I’ve said all along I’m here because of the leverage AMP. Has. If Motif does multibag this will do the same on a greater scale. I hold a decent chunk that is pretty much free shares
NorthernExplorer - why are you here then if you think its already priced in?
not paid yet but very soon
Yes, they will, because there's resistance at 1.9p
Traders will sell there. Just need volume to break through . We've hit it couple of times. Another couple of runs and it should drop
Chunky sells now going though
So I've got 4 mins for 2p to be paid?
Not so funny now since my prediction earlier eh ?
1.9p bit of a ball breaker but should drop, market cap is peanuts
Good luck all
On ask...
About 100m traded last few days since rise! MM’s would like your shares for approval tomorrow!
Going up
judging by the certainty with which a lot of posters are asserting that the FDA will approve, I’d be amazed if the share price didn’t have a good % of the upside already priced in.
8m of the total debt is not repayable in cash but shares at 3p - the CPNs.plus some warrants floating around
Part good / part bad but you have to take into account this when determining your stratospheric prices.
I don't think anyone is buying at these levels for what this share is worth today.. It is a risk v reward on tomorrows outcome.
Remember amp doesnt just have stake in motif bio. There are other polx, data tern - these other companies have assets and value.
Fda approval means we sky rocket.
Gl
That’s about it Ian. Unless Motif does a few bags. Amp is already overpriced. Everyone is just banking on Motif multibagging
Some strange maths on here.
Motif needs to rise 200% for amp to break even on debts. So if they sold all their motif shares at £1.20 they would clear their £22m debt and have no shares in motif.- 4mil director loan on top.
Imo Amp will be keen to retain as many motif shares as they can. If motif does "3 bag" then amp have a nice profit but dont forget they do have to pay 15% of any profits made back to lender as stipulated in last draw down rns.
I hold motif and i honestly dont expect a 3 bag. Im hoping for 2 bag on partnership news after approval. How soon after is anyones guess but i will wait as thats where i see the bigger rises.
very soon you will be paying 2p
In layman’s terms. Once motif (if) reaches over 115p we are worth our current price. Anything over that and every bag they have we will have double. But only after the 115p mark. But of course like you say this is aim. Anything can happen. I’m still holding a nearly free chunk for the ride to come
11mil traded and 209mil in circulation take free float I think plenty to go round GoldGirl ;)
Great post NE and that’s why imo these ramps of 500% are unrealistic 20-50% more likely imo but the market will dictate not us Of course I hope I am wrong, as if may bag with herd mentality of course Guess tomrorow we will see and that’s IF we get approval
Mms need shares if u believe in codes
Check out research analysists posts. From a couple of days back. Or read through the main accounts. Amphion's interims (view the detailed financial report addendum 10..), total liabilities are $29,053,470 (£22.44m) that includes convertible promissory notes, promissory notes, and several loan facilities. This figure excludes monies owed to the directors of $4.5m (£3.48m). If you then add the directors' monies to the £22.44m you arrive at £25.92m. Now, applying mandatory routine fiscal adjustments (cash burn and interest payments on the liabilities) gives a projected debt value of £27.4m. You then deduct this figure from the Amphion's accessible assets - in this case, their 8.5% stake in MTFB. This will give you the negative NAV mentioned above. Also worth noting, AMP has only made one loan payment post its interims. In the meantime, DataTern has incurred further liabilities that supercedes that payment. Yes, it's all pretty messy really and they are in an awful state. Thus, it would be extremely naive for an investor to ignore all that and just imagine non-existent blue skies. It's no wonder the management were keen to arrest the senseless rise in the stock price considering the debt levels. Just look at Debenhams to see what debt does to valuations. • As of June 30, 2018, the company had a cash burn rate of $228,244 per month or £176,288 per month.
This is the equivalent of an investment fund. With many holding.s. We are only valued on what our investments we hold are valued at.lets say it holds half a dozen companies each worth a million pound. Then if it sold everything they would get 6 million. Therefore you wouldn’t pay any more than a mcap of 6mil. Even at today’s prices if we sold at the current values they would still have huge debts.
The loan notes they have is somewhat ~$10m, which is about £7.75m at todays exchange rate.
There investment in motif is £10.4m
thats why there MC is over 3m, because share price is taking into consideration the Debt / Loan Notes.
so if Motif 1 bags or 2 bags, giving Amphion £20m-£30m, take into account there debt say £8m, there MC should reach £12m-£22m
Current MC is just over 3m, thats 400%-750% increase.
But northern explorer you are totally incorrect that motif needs to hit 1.15p for amp to be at 1.8p. There is nothing you can put up that can back that up, why because we are already at 1.8p and still undervalued significantly. Only thing Motif sp affects is our debt, thats it.