Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Price walked down for the 1 million buy?
Now back to 8% down
Very common with this share TBH, big fluctuations on minimal volumes or nothing - i.e. the big buys to 1m shares the other day didn't alter the SP. As ever we wait for news ...
Only thing I can find is that there's an option to buy the kit over 6 months to reduce initial layout. Market reaction possibly implying sales are not great? Equally this could be a positive as it spreads the cost out.....
Whatever I am equally frustrated at the drop. Its a close period too so Directors cant buy even if they wanted to show support. Await news. All we can do.
Now back up a tad but yes a ridiculous drop on just a few small and indeed some tiny trades. And yet last week someone bought over a million in two trades in quick succession and the sp didn't go up by even 1%. Well, I bought more. Some major investors have just paid a much higher price in the placing and they'll want to see this not only recover quickly to that price but to move on from there and start getting a decent return over the coming year imo.
Why the drop? Am I missing something
Hi Dactions. I'll take that as a compliment! I agree with your points absolutely. All I'm saying is that this is a "sensitive" product and it'll take time to produce results. Its not an FMCG type sell. I agree some positive trading news would be great but in the meantime all we can do is monitor social media and Trustpilot and the like (all very positive so far). Good luck.
Ah yes good shout Gibson. Thanks. Really would like some good upbeat news here ... especially re USA licence. Does anybody have thoughts about us being a takeover target? We have the product but don't have the reach to truly penetrate the market. Let P&G buy us and the IPR? Just a random thought
Trade before open Ambers, possibly a cancellation of a same number trade before yesterday's close.
Why sell 660,000 at this price ... don’t believe that tbh at all
Gimmers - you sound like a CPT staffer !
You can have plenty of patience if you're on the paybill but as a shareholder it's information and the shareprice that counts. For initial investors they will be dismayed at their losses but remember it was only in April that the further placing and share dilution at 4p took place.
We're hardly 3 months since and the SP is 40% lower!
It has indeed been a frustrating journey for many of us but the past frustrations come under the category of 'sunk cost'. As an investment what matters now is what happens next and what's different now. We now have new strong leadership to direct the commercialisation process, we have replaced the previous incompetent PR agency and above all we have a proven and accredited product which is getting rave reviews from the people that matter, its users, and importantly reviews and testimonials that stress that this different and better than the competition. With this age group and demographic they will be looking to the internet and social media in particular for information and peer support. That is the way the company can spend its money wisely and well targeted and already it's featured on Facebook, YouTube, Instagram and various blogs. The striking quality of the product plus good leadership for its commercialisation are what makes me hopeful for its future - a little more patience and fingers crossed.
I take your point Dactions but equally its not in Trustpilots commercial interests to post "false" claims which would undermine the very point of their existence.
Our current reference point is the May Chairman's statement. Ignore China-that's in the past under previous CEO.
Further re marketing (and Im not trying to be sexist here but I am guessing you are a bloke) this is an incredibly personal and sensitive market. Therefore marketing is likely to be the same and a lot of sales will be through word of mouth, pregnancies, and babies being born which by my reckoning is at least a 9 month process! Anyway those are my musings for now.
Sorry Gimmers - I don't believe them - it's easy to plant reviews supposedly written by users. This is making me more nervous about the future - they've wasted a heck of money in China and we're no wiser as to what went wrong there. The lack of news is not good, as is the lack of media attention.
Latest TP review from yesterday is a great start:
Amazing....! what you have been waiting for
Have been using myLotus now for the past couple of months and cannot believe the difference between this and the other ovulation sticks I used before - they are like chalk and cheese!
I now know exactly when I am ovulating and have a great understanding of my cycle that I never had before and showed I ovulate much earlier than I thought - the other sticks didn’t even show I was ovulating - pleased to say I am now pregnant! Keeping my fingers crossed but will hold onto the monitor too just in case or even for number 2 ??
Matthew Wallis comment from May: “We are at the early stages of our product launch and program build and we will continue to educate users on the value of myLotus, raise brand awareness and bolster our sales and marketing expertise over the coming year.”
I.e. We need a little patience. Give it 9 months and see what the results look like in sales and new babes :)
I'm loosing faith in this sinking ship.
Amazing product but such bad marketing and pr
Interesting find JBongo - could indeed be a good way for us to get early signs of company success but I'm sceptical and think those recent reviews are 'planted'.
The lack of news from the Company is not good in my opinion.
Lots of new (positive) reviews on trustpilot - 8 new reviews over the last 3 days. There were only 17 reviews before that and there had been no new ones since March. It sounds like some are freebie units given away by the company to get the product out there, but at least it seems like a few people are trying the product now and having good results.
looked on Boot.com today. My Lotus has not yet had a review posted. Not a good sign.
When are the next results expected?
As it’s gone very quiet ...
Not much to say viz today's announcement, on Google play store downloads are 1000+, if say 1000 were sales then that's about 300 grand in sales at least based on retail price to date at least,
Does anyone have any figures viz how price of machine etc breaks down viz profit, I know cost of producing the machine is about £50
Yes not really a surprise as more and more retailers look to streamline their businesses and move more towards online retail. This changes nothing for me, if anything I see it as a positive that WBA recognise that some stores need to close and are looking to increase their profits which can only be a good thing in the long run. I see the drop as a good buying opportunity.
Ridiculous if true; are investors so inept they don't know that the deal is totally unaffected because the deal is for online only!
This is probably more reflective of the Boots stores announcement. We're heavily in bed with them now. We really need to follow the market and increase our online presence and visibility