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With an industry partner for Graphene X
Is due a major bounce up
16 percent..mms ready to tick up
Moving up nicely.
Volume crossed 450,000 buys doubling sells
Looking great for an afternoon rally
Moving up the leaderboard
400,000 crossed buys outstripping sells....buying pressure strong now
On the leaderboard
Technicals say is primed for a major breakout
The ask just keeps rising on what looks like very little buying that we can see so surely that must mean a big order is being filled behind the scenes? With well over 10% of the shares being sold at around 8p-9p over the past couple of days yet the SP has more than doubled from where it reopened it does look like someone is accumulating big time. TR1 inbound over the next couple of days is my guess…🤷♂️
Actually it's doing better than I thought .... I've always been an optimist!
That made me smile.
I agree though I thought it would tank, which seems the normal on rns release, which reads OK to me.
I’d be surprised if some of the directors haven’t taken the opportunity to buy at these low prices… I guess we’ll see very soon whether that’s the case. I’d like to think they’ve realised that they needed to deliver bad news and thrown the kitchen sink of bad news at it to leave a positive pathway back to profitability and a steady upward momentum on the SP… 🤞
Actually it's doing better than I thought now - 17-19p. Hopefully they've taken the opportunity to overprovide for losses and uncertainties and can slowly dripfeed us bits of good news over the coming months. But I've always been an optimist!
To be fair, it’s silly not to top up down here to reduce your average… Got mine down to 20p now and think it’ll get back up there pretty soon and a lot higher over the next 12 months now they’ve got rid of all the bad news…
Appears all BoD and big investors have all paid at least 35p for these, will they top-up down here now that it’s restored???
Looks like your first guess was somewhat optimistic… 🤦♂️
The accounts are now out but the suspension has not been lifted. Hopefully that will come soon. Any guesses as to where the SP opens? 10-12p is my first guess.
Shocking. Be lucky if there's a penny left when the suspension is lifted, maybe tomorrow. What a mess!
I'm expecting the accounts to be published after c.o.p. this evening with the suspension lifted at 8.00am Monday. Let's see.
Accounts were to be published "this week" according to the last RNS. Thay only leaves tomorrow. Or have new issues emerged? Total shambles either way.
Fully agree. It's been a shambles. The SP had already fallen heavily before suspension. Let's hope there is not too much more of a drop to come. But I'm not optimistic.
I actually topped up my holding at 18p just before suspension as the tone of the RNS back then was very mild, as if it was just going to be a brief, technical suspension. I regret that now!
I mean, ffs, this should have been sorted out months ago! Not going to be pretty though, is it? Just hope the most recent update shows a significant improvement or this will dive when the suspension is lifted.
Finally we get an update that audit has been completed. I for the life of me can not see why it took so long to complete. Especially as the main underlying issue seems to be related to tge timing of revenue recognition.
RNS confirms cash position is OK.
The management of this share has caused a big confidence shock. Wouldn't be surprised if we see a drop when trading resumes as peops vent their frustration but hopefully after that the share price will rebuild because this has historically been a cash generative business with lots of IP .
My gast remains flabbered at how long it has been suspended. Even allowing for the complexity of any software integration they were undertaking
GLA LTH
Hopefully that is a "kitchen sink" RNS with all the possible bad news included to be followed by some more positive news when the shares start trading again.
It's anyone's guess what the SP will be when trading recommences. It was already very depressed pre-suspension so hopefully it can't sink too much more. Or is that just wishful thinking?