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Yes agreed, a general update may calm things even without those 2 items. IMO
Tango,
The way this is turning out I would think a placing at these levels would be immaterial at the minute, they would have to issue half a billion shares at .3 to raise 1.5M, which is possible, but do we need to do that? Any placing would only be for the H & W purchase as far as I can see, not the IM project.
I think JW needs to concentrate on getting that 1.6M grant in from the EU pronto here and then announcing theChairman.
Mr T
I see on the protestors site they say a key SH is losing faith?? not sure where they got that from.
JW may be placing with RF and they are selling to close a lower price? It is a fact whatever is happening there's a reason just wish it was out in the open. I still have the faith but as MR T states we need a commuication from the BOD RAPID!
If they have news on any front then get it out asap. I hoped after the previous nomad was out of it we may be less leaky.
But, city spivs and their ilk are always in the mix somewhere.
I blame myself for topping up mid-week.
Tango,
I think we need some informtion here and quick, I think this fall all revolves around the H & W aquisition personally, I can't think for a minute it would be anything to do with our core project. Everything so far has been on track albeit taking a long time, whereas the H & W part of the equation needs lots of financing.
JW over to you.
Mr T
9 million sells 9% down- if only the ratio worked the other way :-)
It's a near 40% drop in a month. Clearly H&W acquisition appears to be progressing more slowly than anticipated but would that cause the drop.....I can't think it would. There is the non refundable 500k that could be lost if they pull the plug, not insignificant but does not equate. Funds through a financial arrangement were in place so no need for raise........its puzzling. In any event, H&W was a sideshow to the core business which appears to be progressing well or so we are told. Markets don't like uncertainty, particularly on aim, and lack of news compounds a fear that something is wrong which will unsettle PI's. I think that's all it is as volume during the fall has been pretty low. Waiting game but feels like an opportunity at these levels.
Looks like a 16:30 rns then!
It will be a bit dissapointing if it turns out the BOD knew of the reason for the drop but not informed the owners, was always going to be turbulent waters ("choppy seas") but was not expecting this type of ripple effect.
We will soon know whats going on , If you believe in it hold if not sell . Hopefully jw pulls this of and we all be happy bunnies . Its not nice seeing the paper loss go up every day just glad mine are paid for ,Otherwise i be having sleepless nights. imo i think this is a massive shake to get shares
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I emphasize INVESTORS. The chat forums often have informed and contrarian opinions, but from investors, not non shareholders and protestors. This is why I find JRs and Lisas presence and incendiary comments so gauling.
Radders99 - I assume these are just rumours but it is bizarre that there is such a drop when there is no market news. I honestly didn’t think the share price could go much lower.
That one was for Leesadee...
Typical.....it makes me yawn now.
I’m not sure JR .. but your concern is heartwarming :) i have a significant holding, in for the long haul and have topped up. Rumours in the twittersphere of a placement but will wait and see if we are still in this position in January. If we are I’m f@d.. but we all no the risks and I personally remain optimistic as just don’t believe recent activities don’t have full backing of potential funder.. but I’m guessing
Why is the share price so low? Is the market worried this is the end of INFA or did I miss some news?
Oh droderick, you’re quite a new ramper on this chat board, I’ve been chatting with SHs for months, here & on twitter posting facts & links. More read my posts & trust what I say than you may like to believe. I’m also not here to be “questioned” any more than you are, but to share & discuss & back up with evidence, as others do, so it’s not possible for me to “refuse” your questions lol. Who do you think you are? I’m sure you’ll have LOADS to say in response, but I gather there’s a filter button. Go well ;-)
Is there some bad news that I have missed since Sunday.
At this price INFA must look tempting to day traders. Why so low?
There are locals who support the project and that's great. There are others who want to base their support or otherwise on hard facts and that is completely justified. And finally there is a really small group who are making the most noise and peddling fake news all because they choose to protest about literally everything. There is a time to ignore them and there is also a time to call their rubbish out. That's exactly what happened on Sunday gone by where Leesadee refused to answer the most basic questions.
Insofar as Twitter and this Doc Holliday guy is concerned, he really has no clue of what he is talking about. He couldn't even get the name of one of the large cranes at H&W right, calling is "Sampson" instead of "Samson". It just goes to show the level of detail that people like him go to, which, quite frankly, is shallower than a kids' paddling pool.
When you go on twitter you are engaging with the 5% of the population who are 'activists'. The other 95%, the butcher, the baker, the candlestick maker will see positives as well as negatives. Don't make it easy for the 5%, anybody can cut and paste from these boards.
Whatever is being said on twitter et al it is not going to help the locals or INFA but it will effect both, I know it is impossible to have an educated conversation with two oposing thoughts so better to ignore and let the formal process proceed unhindered by the SH's of INFA. Keep the moral high ground, we want IM to be a sucess for NI as it will also equal success for the share holders.
They are making it confrontational, as certain ones are absurd and are just out right weirdos.
They seem like a bunch of attention seekers looking for attention as opposed to having genuine concern.
Should these fools have been around a 250 years ago the industrial revolution would never have begun.
Agreed, let’s try and dial it back regardless of the frustration. JW did ask that very thing in shareholders meeting, that we keep any interaction with local people who have genuine concerns on a civilised and factual level (as most people do). INFA are jumping through all the required hoops and DAERA need to be satisfied that they are fully compliant. This may not be enough for some but this will always be the case and all INFA can do is comply with all of the regulations