Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Yeah but the sp will recover, usually to 10p + in this case. Poor demand sp falls ...buy back at lowest price possible. It.s how these things work ... all fun at the Aim circus. This is like naked selling but you havent actually got the shares ...time lag involved. It costs the fwd sellers interest. No more other cod to baste.
I can see why they might froward sell at say 14p if they're getitng them at 10p later .. but at 9p? Essentially that's just a naked short hoping to buy them back later - seems a bit crazy taking part in the placing at 10p and dumping immediately for less, why not just skip the placing and sell short?!
Still believe alot of trend/momentum traders sold out on the recent rise
so plenty of supply overhang and extra shares from the placing
with another placing in the pipeline gonna need some serious volume to move this now news dependent
we still don't know if Mr Reynolds and his sidekick TW are being straight up of course
Sell em at 10p ... buy them back at 9p when sp falls ... interest charged mind. Difference equals profit.Very common stuff on aim.
Is anyone going the AGM???
Forward selling shares at a loss isn't coming up with a lot of results ... what's the logic behind it?
I thought these shares were in 'sticky' hands??
Look it up ... sorry at work ... plenty of explanations out there.
Why would they forward sell 10p shares for 9.something?
Agree with Goggins. The whole coms thing has been a complete PR disaster from the outset. Bloody amateurs. Many of us had just hit B/E after years of being in the red. Back to red for most, I fear. For how long?????
Ist tranche of placing shares now in the mkt 4.10.18...they wont be happy. Second tranche not for til 25.10.18 ...these probably being fwd sold now, hence the weakness now. Easy play for the city boys ...sadly.
I know markets are dire at the moment which isn't helping but Premaitha has just become a plaything for the manipulators
Can't see much movement here until next placing is out the way when all the spivs and insiders will make a killing again
I would imagine that the CEO will try and keep any/some decent newsflow back as close to the AGM as possible.Hoping for an easier ride then I expect!
What is going on is a complete disregard for PIs - this could have easily been prevented by clear communication re the settlement, clarity re TF, positive spin re the future. But no , nothing, complete incommunicado from the company.
Barry how do you sleep at night??? Fn clowns the lot of them - not one of us would have invested in this company knowing what we know now re the product nor the actions of the BOD.
what is going on here a joke at the moment.
company this and highly manipulated
wish i'd bailed at a loss at 14-15p
where is it going next below 8p
Complete newsflow f up by the new CEO
Notaflipper ...thnx for helping ...appreciated. I.m clear now ...
They couldn't sell Illumina NGS as they were tied to TMO. With the deal they can sell ILMN in EU with TMOs agreement. The restrictions you still refer to are just for CE-IVD not for NGS which can be sold before ILMN CE-IVD developed
Hi Notaflipper ..thnx for that. But not in the Euro mkts until various approvals met and other markets which were considered iffy, legally speaking. Arent these mkts where nipt see big opportunities? Not being antagonistic ...cheers Flipper. (This was all laid out in last ditch half year results?)
Premaitha are already selling Illumina NGS via YourGene you just need to look at YourGene website but in Asia. The deal allows for this to happen in EU. Expect strategic vision with financial forecasts to be released by AGM
Premaitha are already selling Illumina NGS via YourGene you just need to look at YourGene website but in Asia. The deal allows for this to happen in EU. Expect strategic vision with financial forecasts to be released by AGM
If we could sell Illumina stuff now ...great ...but we cant. I guess we can line up a boatload of deals. Are there any other viable shortcuts via Illumina somehow? Just wondered.
Yes there is lots to be positive about but I don’t think costs are under control when you look at the duplication of roles on the board and disproportionate cost. It is difficult to justify getting on for £1.5m of director salaries when the company will not produce more than £4.5m of gross profit this financial year and therefore a significant overall loss.
The frustrations are understandable and we have allowed the negativity to air as we know what's coming. So venting is understandable if you receive a half year report on the 29th Dec, a finals after hours and an all too brief RNS after a 3 years litigation on the impact of the settlement. LTHs fail also mention the real reason for the drop in sp from 20p to 10p initially and this was the internal difficulties of Rupert Lyllwood and Animatrix. Yep a lot has gone wrong but we don't make investment choices on the past but on the future. We look at the long game and move on.
Florida is right (that was painful after a painful day) that despite our frustrations with the BoD I was impressed with the deal that the were able to broker with ILMN though not their communication. They have now the option to sell the company as two. They've maintained 2 billion dollar companies as strategic alliances. Opened up territories previously off-limits to them and massively expanded the geographical footprint. Despite the legal challenges the costs given what they could have been have been controlled. The product portfolio has also grown. Should this ever have happened - no. However as the shares in circulation have doubled the last 4 years the current mkt capitalisation is actually twice than the listing price (the product portfolio now 3x) so that comparison should be amended. ILMN didn't have to settle. They could have done what bakky said (god will this pain never end) and litigate at infinitum and destroy the company. That ILMN came to the table early reinforces our USP.
I think the lack of forward looking financial forecasts (due to the litigation) as well as the expectation of break-even has had some impact on sentiment. This will all change by end of month. Regardless the infrastructure is now there, strategic alliances established, products coming on-line as well as the additional revenue.
ALTB to LTHs (NIPT + VIY).