focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I wouldn't be surprised if the best part of the second admission shares have already been forward sold since 19th June. I know it's not supposed to happen, but I'm pretty sure it does. If the resolutions aren't passed then we could well see a TOM like spike when the placing was cancelled. However tempting it might be to vote down the resolutions to spite the company for the effect this has caused to the SP, the proceeds of the placing could be a company-maker. I was surprised that the company presentation only really explained where the money was going and had no projections on revenue and profit. Maybe this is because the COVID-19 products don't yet have a definite sale price, and it was left to the individual to derive a huge value from the capacity scale up. Just struck me as a bit unusual.
Dibs
Is it such a bad thing if the additional open offer fails. Cd4 should cover the shortfall for development within that platform. They could always re raise at a later date if needed
Piper - you appear to know more about me than I do! A very nasty individual aren’t you, listen The only person spouting bull**** is you. I’m not trying to scaremonger anyone. It’s a reasoned analysis and you have NO counter argument against it. I challenge you to tell me where I’ve got it wrong with the Open Offer. Unlike you I’ve been around this stock long enough to remember a previous Open Offer the company did which had around a third take up, You weren’t here then were you? I am telling you that if the price remains around this level the Open Offer will flop. The only thing that can save it now is a rapid price recovery. If it fails that will leave a £3m shortfall in the fundraising. That is a fact if it happens. So all I’m saying is that something will have to give and I doubt it will be the working capital or the bank overdraft. You tell me, you contribute somethIng. You seem to know it all. Will they price not the money? But hey Make it a debate you know a bit more grown up, But no Piper wants to stick his fingers in his ears and go la la la.
As for the rest of your wild suppositions. Well wide of the mark matey. Well wide. I haven’t been in the stock for four years. I’ve been in and out of the stock for six years. In and out, understand?
And what the holy **** are you talking about ‘using illegal insider trading’.? I’m just a PI not a top city broker lol!, You are truly off your head bonkers. And you are dangerous because you make up stuff, crazy accusations against people you know nothing about.
Be warned BB Piper should come with an investment health warning. You’ll be fine as long as you agree with everything he says. But a control freak is in our midst. Glen Close has got nothing on you mate a bunny boiler PI lol.
Dodge I am sure , no take up by private investors means not given out to anyone other than shareholders on the date , who applied for more . So I guess an old insistional holder could apply
Oh ffs Dibs give it a rest with the bull****. There’s no way they are going to drop “development” of anything. Most of the development cost is being borne by others anyway. Total scare mongering bull.
And give it a rest pretending that you’re some sort of market soothsayer with the perfect entry and exit. You forget to mention that you’ve been sat in this stock for 4 years going nowhere before Covid and have spat your dummy before blaming the bod for your poor judgement. Hardly a great entry, 4 years going nowhere. As for your exit, you didn’t sell on the Sky interview, you totally missed the top at 87 and sold out using illegal insider trading at 58 after applying for the placing which you then didn’t get.
Give it a rest Dibs ya sad melt.
Dodge are u sure the shares not taken up will be taken by instistions
Could b a matter of days or a week. I suspect there will be news around the 12th July to push through theses shares plus agm on the 10th?
Hi, does anyone have an educated guess on how long the 2 stages of the new placing shares could take to sell through ? I know its how long is a piece of string, thoughts appreciated.
Piper - you lash out with comments you can’t back up. Where is the £3m to develop the new lateral flow tests going to come from if the £3m they want from the Open Offer flops? And I can promise you it will because who is going to buy more shares @ 40p when you can pretty much get what you want around that price on the open market now? And you seem to be obsessed with the idea that I’m sore about the placing? I truly couldn’t give a monkeys ass that I missed it, I can buy as many shares on the open market now for around that price. You have looked at the share price haven’t you? And as for advfn so you’re stalking me now. Weirdo. Your nobody’s spokesman other than yourself. But if people hold a view about me because I sell some shares I guess that’s their issue not mine. Anyone who understands this game and it IS a serious game knows that you have to make your own decisions and unfortunately circumstances change and you have to change with those circumstances. Either that or risk losing lots of money. I have always said buying is easy, selling is the hard part.
I'd happily defend Dibs...
Dibs knows his proverbial onions here imv
(s)he was maybe a little cute just prior to his exit
(I remember some posting about being mad to sell lol),
but many of us are a little "economical" at times
(we are after all more or less competing...
certainly any individual is competing against the market as a whole)
Not defending Dibs, but considering he has been in this share pre 10p, he has " done research in to this business and also the market, product development process" lol
Have to say Dibs, your attitude towards Piper and others is appalling.
If you have done research in to this business and also the market, product development process etc you would embrace everything Piper says.
Piper is one of the few posters who provides a reality check.
The reality check on anything you post Dibs fails miserably. Therefore filter bin for you.
Some truth in that Upomega.
I have topped up now at a really good price without the gamble of whether I would get any extra 40p shares I have applied for. Quite happy to be honest.
I cannot see it dipping below 40p and might have to live with this for 40-45p base for a week or two.
There is a small positive here. People still can take this up or cancel their entitlement for a day or so. In a way it is better the price has fallen now as opposed to after the cut off point of the offer. You can now purchase in the open market for just over placing price. For me it would have been far worse if the price had fallen after the cut off point. Maybe for psychological reasons.
Some cracking news came in yesterday imop.
Cool, hopefully get my double allowance....
I don't blame Colin, he is there to build a business, which is what he is doing.
I blame Finncap for another really crap placing.. they have a habit of it!
I’ve canceled mine. Partly principle. Mostly as 1-20 was hardly worth having at 50p and 42p its a reminder of all I have lost on this Colin King how to shaft your shareholder.
After 2nd july do you reckon an any changes on the sp once open offer window is closed?
Not sure. Is it worth taking any at 40p. I was hoping they might be 60p which would make it worthwhile. I have my order in and will probably leave it. I think at 40p its good value. They will go up
Yes done it and bought my entitlement plus the same again which I asked for in addition through the open market this morning
Anyone cancelling the placing shares?
Dibs I do see your point to a degree. Can you remember the old days when the company only raised the bear minimum to cover costs and investment into cd4. That inmv has been lost a little on this fund raise. We were also lucky to a degree with Mr r Sneller and oryx taking up most of the placing shares together with ex directors. For me I would be happier if they raised less and avoided some dilution. Nearly three million is ear marked for TB, and Malaria poc on the cd4 platform. Why not use future revenue from cd4 sales to cover this. Maybe they are bolstering all segments to get ready for a sale. Who knows I certainly don't.
Fwiw I am still holding most of my original holding and hope you come back. It is also good inmv that we have some new pi investors on board that believe in omega for the longer term. Just like you used to and hopefully still do.
A couple of large orders for Moligic together with China clearance for home testing would do wonders now.
Take it steady up
Dibs61
Unfortunately fella should you have been propved correct as I and you have done so then you are called a troll
This troll told this hapless lot to sell at a price that is rapidly approaching twice the current level
Of course we are the trolls for being perfectly correct and that is what they dont like to hear.
Well your latest nonsense is saying that the company are gong to drop the LF antibody test. Utter desperation. Nonsense. They won’t be dropping anything.
There's a very good reason you don’t post on ADVFN any more and have taken to trolling this board with your nonsense. Because you’ve done this before in the past and nobody takes any notice of you on ADVFN.
Even “Barrywhit” on there posted last week “I see Dibs has sold again. Upsetting everybody on the LSE board”
Seems you’re a bit of a laughing stock over there Dibs. Obviously why you don’t post there any more.
Let’s not forget: You sold at 58 only because you thought you were getting the placing. Now your nose is out of joint and you’ve had to take your place in the food chain you’re upset and determined to bash the company.
Anybody who constantly flips from positive to negative to positive to suit their own positions irrespective of the fundamentals as you do simply isn’t worth listening to. Just as nobody listens to you on the advfn board, soon nobody will listen to you here. Its already getting desperate, boring and predictable.
No Piper the one who sounds increasingly desperate is you. Because you are by nature what I would describe as an 'alpha' poster who likes to be the top honcho on the boards he frequents. You are just a blatant ramper who never adds any balance to your posts. If anybody, and god forbid they did, follows your diatribe they would have already lost a ton on this stock.
It is you who thinks you are always right but have been proven wrong and can't eat a little bit of humble pie. Never mind. And you DO care because you feel it necessary to respond to my every post whilst I feel no need to respond to all the stuff you write some of which is decent some of which is off the mark but hey.
FWIW I already hold a current position here - a far more modest one than I held before mind, with an average of 46 so I'm currently down. However, my previous holding (which I sold on 9th June) had an average off 11p - as I held LONG before you ever rocked up here - and was sold at an average of 58p. Not bad for such a desperado eh?
It's all about timing Piper on AIM. If you don't know that by now then you are destined to lose money. Knowing when to get in and when to get out. And the ones, like yourself, who scream and shout abuse and talk about lying etc are the ones who are really kicking themselves because they didn't get it right and are just sore.