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OVB up 11% on aquis due to 200k share buy
Just nipped on to see no one interested here.
If you believe bunsen then one or two people are taking salaries of £250k each for doing absolutely nothing and they have £1.5m in the bank. If I were then I’d continue to do nothing for another 2 or 3 yrs until the money runs out. Nice work if you can get it. Seriously though, if you bribe that bunsen AND think this is worth throwing money at then I’d question your judgement.
Imo cash is more like £700k and they’re paying the Directors fees for doing nothing and it’s just a case of waiting to see if anyone offers a RTO . Being realistic the chances are slim so those is a punt with very long odds..
Omg bunsen I just can’t believe you posted that tripe. It’s embarrassing - just a couple of salaries so only buying £500k a year….had to stifle a belly laugh at that. But no, seriously, half a million quid for one or two salaries - I think that’s what the BoD told you - is perfectly reasonable.
Cretinous. Just imbecilic . Extraordinary post. Yes, I should definitely throw money into this. Banging head against brick wall emoji
My opinion 2x cash yes. They had £2.4m I think a year ago. Costs are minimal, literally paying for what? Couple salaries what else? No trials or anything. So say burning £500k a year? Absolute tops IMO. Leaves say £1.9m but I could be wrong about the £2.4m. So leaving lots of room for error, say £1.5m. That’s double and some from current levels. DYOR
There's always someone happy to throw their money away.... You go for it bunsen. You said you spoke to the BOD didn't you? So you obviously know exactly what's going to happen. Inside info or just idiotic mumbo jumbo? Pretty obvious the market doesn't believe you what with just a single trade today - and it was a sell. Not s ingle soul in the world buying any shares in a cash shell you tell us is a dead cert. You said 'I guarantee you they’ll be at least 2x mkt cap in cash'. Just utter rubbish and total desperation. I get it and really do understand why you just be so exasperated with these clown Directors but attempting to lure in unsuspecting pis by telling porky pies is contemptible.
Roger youre talking utter piffle. sell. literally sell up. ill buy them off you thanks
see you at results day, with you or without you. ill see it spike v nicely thanks
And just for the record, I think they will eventually announce they have about £700k together with a timeline before they need to call it a day. The clock is ticking now….
I wonder when this is going to go over the cliff?
bunsen- you said you’d spoken to the BOD. Which one?
You said there are only ‘one or two’ salaries still to cover (for doing nothing). Which is it? One or two? If they spoke to you directly why cdnt they say exactly how many? Hmmm me thinks you’re full of it and just badly in the red, as am I. The only difference is you’re prepared to post nonsense about imaginary cash in the bank to try and rescue yourself and lure other hapless pis in, leaving them to hold the baby. I’m just prepared to call this a terrible punt and it was a bad investment choice of mine that’s gone bad. I certainly don’t want to see anyone else throw their money away on this crap.
Cuckoo cuckoo
3x?
‘ I guarantee you they’ll be at least 2x mkt cap in cash, my opinion, based on my research’
Er would you like to re examine your research?? Lol
Yes. A cash shell waiting for the right investment. Minimal costs. That’s what I extracted from the BOD. DYOR
But you said yourself it's now a cash shell so what would they be waiting for? using some of that cash for a couple of easy monthly salaries I'm sure but still shouldn't amount to any reason why they don't just get on with it and tell the market what they have/don't have. Hope no one loses too much on this.
You’re absolutely incorrect. There’s no delay. It was 2 months about 2 months ago. I guarantee you they’ll be at least 2x mkt cap in cash, my opinion, based on my research
"I spoke to the board recently"
I do not believe that for a second !
If that's all it is bunsen then why the delay in getting results out?
Your estimate of cash is going up by the minute :). Really can't see how you think cash will be as much as £1.75 or £1.8m. More likely around the £800k mark. I think that's all that's been given value in the mcap so that's why we are where we are.
The pump is over and david6576 and skier1 are nowhere to be seen. funny that.
Written this off myself. Only a miracle will provide anything +ve. That or another well organised pump and dump.
Results are any day and you’ll see. Cash I estimate around £1.8m vs mkt cap £0.75m
I spoke to the bod recently
Costs are literally one or two salaries
That’s what people don’t realise- they’re a shell company basically with a shed load of cash, looking for an investment, as per the prospectus
I think it's crazy how long they have took to update the market since the trials flopped. Also in line with other Bio's I'm guessing the cash will be a lot lower than previously but until they finally update nobody knows.
Wait till the results come out.
I estimate a minimum of £1.75m cash
Read prospectus.
It says if the trials fail the cash will be put towards investments. We could have a £1m investment plus more cash than mkt cap.
Multibagger
Probably a reincarnation of a banned pump and dump account. Some people do not care in their quest for quick cash.
He's certainly a good sell signal if he turns up in your stock that has spiked or at least sell and buyback a few days later much cheaper
Davey50 , agreed ! Who is this David 6567 ? What a clown ! Anything that’s 10 % up he just jumps on it and pumps away shamelessly !!! I’ve never known anyone quite as bad !! Surely he can’t be in profit ! All the shares he pumps crash down rapidly!!
David and Skier are long out of this now.
457619 who paid 1.09p has just sold for 0.82p for a whopping loss
Chasing spikes is fatal in this market
I’m buying back
I held 6 months with an avg of .8p
Sold avg 1.2p yesterday
I’m buying back sub .9p today
Update v soon will send it north 2p I believe
Any positive Ed update this can go bunkers.