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Looks like there is an order to fill if that`s what You have been offered. Dont sell yet.....
I was being offered 3.935 to sell there and 3.9 to buy strange! haven't seen that before...
True spread 3.93-4p atm so looks like it will tick up
Lots of good buys showing this am Laura! should see 5p plus today
Morning Laura. Should see 15p at some stage. Personally, I will take a decent profit out and let the rest run with whatever happens. Anything could happen over the next few Months.
Https://www.lse.co.uk/share-prices/
Top of the leader board!
Morning rocket
I am giving this 3mths+ and believe in full Ness of time could be 15p+
Well worth reading what Smartmoney said
I believe SND and PYC (£1.5mln cap but hitting revenues of £900k and pipeline of £1.5mln in their A.I drug development tech) are here ones to watch this week
In similar situation to SND then MEN has done x 4 (i have now sold) and REDX x 2 ( I hold)
I believe SND can easily get to 10p-15p particularly now that CRUX asset mgmt are now out and the resulting bounce back was evident to be starting on Friday
For first time in 2 weeks there was buy limits in place into the close
Need to wait for the early price profit takers to bank out. Should see a 50% min this week though. Better than the last MUSK spike.
Risecoming
Is this the one to watch given buying this morning!
Is Laura correct!
I actually tipped my toe in even though I’m not up to scratch on events I’m watching the charts and British Bulls recommending it
Laura
This certainly looks like it’s heading north . So sad really it’s fell to such a low for LTHs. I don’t really understand the 10p thing enough really. Can’t understand why it’s so low if Directors paying 20p per share as I read it!. Am I correct or missing something
Big mover this week
Smartmoney, I'm not sure I believe it cost £500k per year to maintain an AIM listing. Isn't this just the initial cost of an IPO on AIM?
Yearly costs of £500k seem nonsensical - if you look at the likes of CPX and PYC they would have folded years ago if they were paying that much every year. I see no evidence of that in their accounts.
You're welcome
Well worth reading what Smartmoney said
I believe SND and PYC (£1.5mln cap but hitting revenues of £900k and pipeline of £1.5mln in their A.I drug development tech) are here ones to watch this week
In similar situation to SND then MEN has done x 4 (i have now sold) and REDX x 2 ( I hold)
I believe SND can easily get to 10p-15p particularly now that CRUX asset mgmt are now out and the resulting bounce back was evident to be starting on Friday
For first time in 2 weeks there was buy limits in place into the close
Thank you Laura, lets go...BOOM week ahead then
The price was 12p on 28th March,they are offering 6mths and allowing that time so investors can have an "orderly exit".
Current cap is £2.8mln but they have $200mln booked revenues
They are now open to takeovers and prime position would be Elon Musk Neuralink company who SND helped with the 1st human brain implant
The cash flow difficulties have been well documented BUT here at £2 5mln and with the parasitic ROX offering g to fund at 10pence but then triggers the takeover code the surely 10p is the floor
The main cause of the drop was that with very few shares in issue and 44% held by the CEO who supports the ROX move it means that when CRUX sold their whole 8% it had a disproportionate effect, combined with other sellers since the March 28th announcement
CRUX finished selling on Thursday with a large after hours £110k sell, myself and Rocket both believe those shares have gone to another entity
Also about 2 weeks ago In one day there was 15% of the shares traded and yet no TR1
Im meant to say months
But if its delisting in a few mkntha wont they take their time in raising sp
Laura thats a bold statement. I LOVE IT
10p minimum
Are we looking st 6p plus you reckon, now that sellers out
The Company is one of only a few companies capable of designing and supplying the higher-spec chips built on the most advanced semiconductor technologies, selling into a range of hyper growth end markets such as high-performance computing, automotive, artificial intelligence, VR/AR, video analytics, image processing, mobile networking and data centres. Sondrel designs have enabled products by leading technology brands including Apple (iPhone), Sony (PlayStation), Meta's (Oculus), Samsung, Google and Sony smartphones, JVC (prosumer camcorders), Tesla and Mercedes-Benz cars
Worth reading Smartmoney1 posts and the FULL RNS 28th March
Particularly that the cancellation GM is not for 6mths
Sondrel, a leading provider of ultra-complex chips for leading global technology brands, and whose tech is reputedly part of Elon Musk's Neuralink™ brain chip, recently advised the market of the following:
• It had secured some interim financing with private equity firm, and cornerstone investor, ROX Equity Partners for £2.9m whilst it finalises a fundraising for an additional £5.6m, also with ROX.
• The fundraise will be fully subscribed at 10p per share. That’s a staggering 185% premium to Friday’s closing price of 3.50p per share.
• The £2.9m interim loan will be convertible into ordinary shares, at the discretion of ROX, and at a conversion price of 10p per share – a 185% premium to Friday’s closing price of 3.50p per share.
• Post the fundraise, and to finance the company’s ‘Transformation Plan’, ROX has agreed to provide additional funding of up to £1.5 million which will be subscribed at 10p per share – a 185% premium to Friday’s closing price of 3.50p per share.
• The Transformation Plan features the appointment David Mitchard (ex-Director of Maritime Services at BAE Systems) as interim CEO; the appointment of Graham Curren as CEO of Sondrel Ventures (a newly-established subsidiary of the company which will focus on strategy and business development); the appointment of two non-executive directors; and the proposal to delist from AIM. The AIM cancellation (delisting) resolution will be put to shareholders within six months of completion of the fundraise.
• The company has landed a significant order worth an estimated £18m to design and supply a next-generation video processing chip for high-performance professional video streaming solutions by an unnamed customer.
• The company has observed a strong demand for its 3nm design services for custom ASICs. 3nm is needed for the next generation of products, particularly AI-based designs that require immense compute power to process the huge amounts of data being processed.
Janet with Curran owning 44% and giving his thumbs up for taking private and Roxi owning around 30% fairly soon? i think its a done deal.
Also any takeover offer will be at the discretion of the two major holders.
Don’t think I will ever get my head around charts (kudos to those that can!) my own strategy is always play what’s in front of you and on this one think it aligns on upward trend (though could easy go other way!) . On neurolink (apologies doing more research this weekend) didn’t know they were valued at circa 5billionUSD last year.. more sizeable than I thought!