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Not great although the question for me is wether they will do a share issue or use the credit facility. Share has some promise in the medium term.
6 months revenue of only 8k.
Cash down to £1611k while cash burn through the first 6 months was £3450k.
There seems to be no trading since yesterday morning I'm curious to why ? Anyone know ?
I would say definitely not just yet. The majority shareholders will be looking for a multifold increase in current value.
Is there going to be a takeover .
Exciting News! :)
Good to see management continue to execute well, and this new win, combined with further contracts in discussion, and the expansion of the facility all bodes well.
Looking forward to more updates.
No firm idea eaither. Maybe news has leaked about something and we'll get a RNS on Monday? Could also be a delayed reaction to the USA rescheduling news?
I recently was stopped out on a modest holding at 13% loss. Anyone care to comment on what is driving the share price up today?
Blimey. This gradually heading mainstream. What is happening in the UK?
Well xlouds are shifting ,I see sunny days ahead 🙂
Small investors selling. Low volumes, however.
Mr Short needs to update on sales as well as where THC R&D is going.
Seems people are panick selling , I feel regrets will follow .
Hopefully so, that and any further contract wins. With what was alluded to in the recent RNS release I'm hoping for some more contracts to be announced. I've been doing some research on James Short and he certainly has a successful track record from what I can see. He owns 42.2% of the company, and the co founder Paul Allen owns 7.3%. in my opinion, you don't own that much if you are not confident. It's important to do your own research to make your own decisions, but I'm confident in management delivering here. All IMO and no advice.
Their drugs trials will hopefully get sniffed out by Big Pharma. That is where the shareholder rewards will be.
Saw them pop up on here. Also the large trades on Monday. But strangely quiet here today. Personally would like to see an update as to how contract wins are coming along. Emailed the company but yet to receive a reply
What platform did you see these on?
Talking to my broker it looks like two sales.
2x 25,000 trades for yesterday at 156p. Buys or sells?
Delayed trades popping up now!
Hi Brains.
I am watching this space as well.
I hope that the CEO gets his marketing team cranked up. With this THC based painkilling business in its infancy, nevertheless I think Celadon's capacity can be absorbed quite quickly into the market, even though they have signed up £3 mill annual sales from a potential of 90 mill.
I also hope the NHS quickly adopts this medication for regular prescription. The market would be enormous. Jim Short should be lobbying the Treasury/Health Secratary. This could help them save millions from removing the additional draw backs of opioid medicines.
Massive drop off in volume these last couple of days, are the sellers done and shares mostly in sticky hands? Certainly hope so. Any opinions? IMO GLA DYOR.
Nice and quiet here, consolidating around 155p level. Happy when it's like this, waiting patiently for what I hope will be some more positive news announced. IMO
The large investors are holding tight.
Says it all really.
Just had a listen to the presentation, says it all to me. Happy holding and looking forward to the future here.
Year end results and investor presentation tomorrow, really looking forward to this.
Like you Swanny I was surprised by the share price action now that financing is there, it was the only thing I was thinking needed sorting. All done now.
So for me this really is a comfortable investment, good management, contract win with potentially more to come. Roll on tomorrows results. IMO , DYOR