Share price.14 Mar 2025 09:27
Firstly, my thanks to all contributors on this forum for the updates on the GaM Ph1 trial, and IB’s product development. The cogs are grinding slowly and in the absence of significant news, the share price remains grounded in the 1.30 - 1.40p range.
Two days ago, my dummy sells showed that it was only possible to sell even a tiny volume of IQAI shares by negotiated trades. My understanding of this is that the broker will attempt to achieve the best possible price for the shares. This implies that recent sells were achieved in this way?
This morning, it was possible to sell up to 60,000 shares directly, but at 1.302p per share. During the day, my broker’s indicative price is 1.343p per share. The reverts to the LSE price (currently 1.4p) at the close of trading.
I am puzzled at the lack of interest in IB, having thoroughly researched all the recent updates? However, I hope that the status quo will remain into the start of the next financial year. This will enable me to transfer funds into my ISA, where my IQ-AI shares are based, and buy a few more. I will then achieve my limit.
I am very careful in my investments nowadays, having lost a considerable amount of capital in a biopharmaceutical company in which the CEO and all the major decision makers achieved nothing whatsoever in three years, leading to dilution and delisting. Hopefully, we won’t be subjected to similar incompetence here? That having been said, I remain optimistic about IQ-AI’s future possibilities. I have no idea regarding a realistic valuation for the company should the Ph1 trial, and the company’s innovative technologies achieve their potential? Currently, 25p per share would cancel my losses in the aforementioned company, which was manned by a less than competent team. At least, I have no such concerns about IB, in which everyone seem to be working hard and achieving good outcomes. GLA.