George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Well the MMs did punish the weak hands yesterday. However hopefully the sp should recover through the course of the week as remaining shorts close.
Although not meeting break-even was a disappointment, moving on, with Premaitha presenting on the 16th and the AGM now on the 25th it does seem that some further announcements will be announced. It was strange as we were expecting the usual Hardman report to accompany half-year trading results. So it could be that Premaitha is again not included in this month's newsletter but has an individual report later in the month. Potentially at 17:41 on the 16th lol. This could be tied up with the new CEO's strategic review which could see some corporate restricting, launch of new product or announcements of new contracts etc. This could then explain the re-launch of the company by the 16th to new investors. Hopefully so which should mean a short bounce back to the mid-teens at least.
Best of luck to all LTHs
Yes bakky. The question was could others supercede our test rather than could we improve it.
Twix, have they not done this in India regards cost and speed?
The Group has developed a bespoke NIPT screening system for the Partner, utilising a breakthrough DNA preparation technology from Premaitha's Manchester, UK, development centre. Premaitha will supply sample and library preparation consumables to the Partner's central laboratory, and perform the NIPT analysis on the resulting sequenced DNA data in Yourgene's bioinformatics centre in Taiwan.
The NIPT solution has been developed to enable lower cost NIPT testing to be applied on a broader population than has been possible to date.
What a wimp. Was down £250k on GKP at one point but slightly in profit now. At one point was £500k down on Glencore but closed position for a profit of nearly £700k. Just a case of believing in what you take positions in, but I have to admit Prem has tested my faith! PS Steve - I have almost 1.5m shares in Prem to answer you question of Fri when I had my hissy fit about the continued disappointment about them failing to deliver something close to what they had previously said they would deliver.
I suppose a mother's blood test isn't going to be beaten anytime soon, but the method and cost of testing would be the area for a cheaper test if it were possible. Right now the workflow is the blessing and the curse. Blessing as with current science know-how the complex workflow limits entry and competition. Curse because that very fact perhaps opens up quicker/cheaper future test methods. Perhaps one day mothers blood will be tested at the GP on a regular visit for instance.
I'm not sure how you could supersede something as elegant as a simple mother's blood test for this kind of thing ... The old (and risky) test has been around for decades!
Having said that, there's no harm in broadening the product range - an easy up-sell to anyone with a sequencer!
From now on in success depends if you believe the growth story for this tech and NIPT testing in general
lets hope the growth predictions play out and this tech is not superseded by something new.
Growth has been slower than anticipated and there are never any guarantees going forward
I'm sure TF and Illumina and there SH have the same concerns. We are hanging off their coat tails and so still have a chance.
New product/s needed in case things don't pan out as expected over the next 2-3 years.
allegedly he's just lost £40k on Big Sofa Tech
The last time he went berserk about a company he had been promoting which decided to then do a large placing without telling him first, it went on to 15 bag! (Bushveld). Just saying . . . .
Need India to turn it on! Asap ...
This raise was more than double the SP of the last one ... they just need to continue that pattern!
Last 6 months revenues and lag before Illumina platform gets going I feel explains the lack of sp positivity. The £3m raise obviously will add to sp dilution but a smallish amount. Further raises necessary ... what to do ...
finish anyone:))
afternoon maybe?
and there were a few who said that there was little or no chance of raising £2.5m @ 10p...hmmm!
the newsflow! India about to crank up, and there must be a bit more news coming too ?
Kezz, the original RNS said .. "Proposed fundraise to raise approximately £2.5 million"
It seems like there was plenty of demand at 10p!
Onwards and upwards!
Directors clearly think the SP is going much higher than their 10p buy in price. Hopefully we can move on now. No more bumps please:)
?
all done
was for £3m not £2.5m
ha ha yes indeed. must read the BB
There it is...
If the placing is 'done and dusted' why hasn't there been a 7am RNS?
Same here..
Could be worse. I expected worse.