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I'd expect to see a fall in the share price today if there is no RNS -doesn't change the fundamentals of the company, nor does it mean we haven't had the funding but with the wording saying "Within 45 days" it means funding SHOULD be today as Monday is "AT 45 days"
and (as I suggested yesterday) surely such a person would not take on a job without due diligence and therefore confidence in the company.
I'd say a placing at a price very close to current share price shows that things are going the right way - short term we can expect the price to probably drop a little as people digest, but I'd guess that it will recover soon enough.
Not sure - as has been said before worth having a look at this:
https://tintra.com/wp-content/uploads/2023/01/End-of-Year-Report-2022-.pdf
Swervington - without any malice to anyone, I think we'd all like Benny to be gone - simply because that means the share price will be in excess of £6.01 which is his highest sell order (and is still at least £2 below my first target!)
Good luck to the traders - I've never been able to pick a share that will make me a quick buck - so I do tend to be a LTH. With the various telegram groups etc ther e are now lots of ways those "in the know" can (it seems) put in a relatively small sum and increase it's value - no problem with that, well done to those who can make it work.
MHL2020 - the money is contracted, and for me the fact that a high powered individual has agreed to join at this stage gives me confidence that all is well - at that level of job, you do a lot of digging into the story around the company you are working for.
Benny - everyone else realised it was a version of your earlier posts.
Benny said "£2.50+ today?" - so obviously the share price goes down - the market knows that whatever his prediction, they should do the opposite!
a.k.aMuppet - it was getting rather toxic between two posters. Swervington - I'd suggest using the filter to remove from your view posts from Benny
Agreed Kong- it's also why I'm not so sure that if this gets to £5 it will then fall back as some think - might be wrong, but anyone waiting for higher values will probably hold as they might not find it easy to buy back in.
Kaneonaim - so it was - my eyesight was always iffy, and seems to be getting worse - 6's and 8's getting to look similar! - so take 2 days off 1st February too!!
Just for the record - the funding RNS of 18th December said money would be received within 45 days. 45 days from then is 1st February.
Good to see some positive movement today, though we haven't regained that much. There is still much to come I think - remember the HNW investors will have done full due diligence and have invested based on potential - that potential hasn't changed and even traders will (in my opinion) make a reasonable return from this level - investors should make a GOOD return from this level even in the short term - as to medium/long - well....!
that is fairly well known on this share - the free float IS very small
Don't read much into that - the automatic trading systems seem to be broken at the moment - I got a note from Interactive Investor when I tried to trade another share that they were having to do everything manually at the moment!
Current price is reflecting market reaction to two things - the tweet which promised a report which didn't arrive when promised and the RNS regarding the funding. I've been holding much longer than you MHL2020, and I'm also currently down on my investment - I could have sold out at 100% profit, but didn't. Why? Because I believe in the team and the plan. This is effectively a startup company that you wouldn't normally get a chance to invest in. It could fail, but I think with the confidence shown by HNW investors it won't - I think in the medium term we will see the share price recover somewhat, and for those prepared to hold (lets say for at least a year) the model should be proven and generating cash. With low free float (yes, I know that is always mentioned but it is important) the balance of probability to me says this is going to worth owning.
it's also (as far as I can tell) a powerpoint presentation - so it would be interesting to know who it has been presented to - and if that might have accounted for any delay in public release?
I'm not sure what point you are trying to make - if you are saying that HNW investors with full information, due diligence etc don't invest lots of money in startup companies - even though it is documented that they have - well, fine. Ever watch Dragons Den? People ARE prepared to invest in the right conditions - and buying a large chunk of what (hopefully) will be a big company is in their eyes a worthwhile option. In your eyes not - that's fine. My just over 12k of shares will sit and wait. Could have sold at 100% profit a while back - chose not to as I really wasn't sure I'd be able to buy back in again - maybe I was wrong, but maybe I wasn't.
btbt - whilst frustrating, we are on the second working day of the year. I imagine there may be a backlog of emails over the festive period - and one assumes there was good reason for the non appearance of the report mentioned in the tweet - which itself may tie the hands of investor relations. I personally don't really care about others sentiment on the share, or the price of the share today . I consider rather more important the work being done, the confidence expressed by HNW investors and therefore the probable trajectory of the share during the next six to nine months plus. Those who don't agree have probably sold by now, those who do have increased their holdings - my GUESS is the available shares are now a LOT less than they were a month ago.