Member Info for AdamH90

Well we are almost certain of news before end of year because the FDA wills end their minutes within 30 days of the meeting

double the profit - nice decision!

i don't! I hope we get the 10 bags lol

I don't think it'll be the kind of news to make the SP explode though.

Why would the RNS be today? They don't need to update the market. The SP is just going to suffer if people have unrealistic expectation. This happens so often with companies, it is very frustrating.

How long after the meeting do you think it'll take for us to have feedback/next steps

"the Directors believe that a successful consideration is only a potential possibility, it allows this to be asked"... Does this read as them considering it to be unlikely?

...Except BK obviously haha!

it is a positive sign for sure but they don't hold much - most of us probably have more exposure than they do

I can't believe I timed something right for a change.

I am back in this after a six month break... I think we are going to see an upturn now and I'm really optimistic about the next 6-12 months here. We are sitting at a horribly low price and the upside is big.

it would give me a nice profit so I couldn't complain too much but it would be a shame as this could be worth so much for in a few years.

Ammu - That happens all the time on the markets so it would ordinarily be a good shout. However, the reason for that is that it is usually a significant pay day for those involved in the company who haven't got a significant stake in the company. What differs here is that we have an individual with half the company who will, in effect, dictate what the buyout price is. I'm betting on £2-£2.50 being pretty damn unacceptable to him. I can see him walking away at around £6 as that would be a very nice piece of business all round. £2 is derisory - he could have probably sold it at £2 when the wheels fell off and not had to have bothered with everything he has been through since.

Yeah, I am sure they are chomping at the bit to buy in here. They have probably been saving the cash they have been taking out of the company for years so they can do it all in one go now that the company are looking very, very strong. Can't wait for confirmation that they have ploughed their own money in. In unrelated matters, is there a sarcasm font?

Thanks SNN - nice summary. I currently have a similar average to you and I am looking to reduce it over the next 6 months. I shouldn't get so involved in the day to day SP because this is a slow burner but my main frustration comes from the fact I could have sold for 3p and doubled my money months ago. I was in it for the long haul then and I'm in for the long haul now.

This company is just hilarious. It is one for the real gamblers! Well done if you have the balls to mess with this. A short term punt only... Don't get locked in like 99% of investors here. Alternatively, blackjack has better odds. GL

It is pointless getting in to it because its nothing we haven't debated years ago - it is just a rehash of old conversations. Clearly you are happy with how things have been handled so lets just see what transpires. For me, it is complete mismanagement to let it get this far. Anybody who can think it is fine to continue to sit on their hands at this stage is standing in the way of the company's progress.

Absolutely everything that has happened over the last few years is just cheap talk and it plays into the hands of the Swedes who are loving the lack of push back. It plays right in to their hands. It is cheap only if it is talk... If it is put in to action then it is not cheap at all. Also, any SP improvement while this is at an impasse is inconsequential and one for the day traders. Who cares when it'll drift back off over the next few months of silence.

Kurt is definitely still accepting it. He needs to be a lot firmer and braver as this is just death by a thousand cuts. As mentioned earlier, we have already had to deal with the 4 fold dilution - It isn't as if we are just sat at a standstill waiting for it, we are being hurt financially every day this is delayed. It is like asking to be friends with the guy who is punching you in the face... It would be great if we could all be amicable but sometimes people only respond to strength. The Swedes have made it clear that they will fob us off until they are forced to act. It is time to force their hand. I like Kurt, I think he is good for the company and good for the industry. However, he has been pretty weak in dealing with this situation.

"Adjusted EBITDA for FY 2019 expected to be at least in line with market expectations" - I want to know what this means? I haven't seen any indication of that market expectations are. Can anybody point me in the right direction? "H2 2019 losses significantly below the loss in H1 2019" So we know there is going to be a loss for the year but what is significantly below? SO we can expect the £2.7m loss for H1 and then a lower amount for H2. Something like £4m loss overall? Its not great really. It is an improvement on the previous year but not fast enough to raise the SP as fast as I initially thought. It'll take another 18 months minimum to start breaking even at the current rate.