Member Info for AIM_higher

I never learn but it's clear, never ever invest in small cap UK companies. Almost all are run as ponzi schemes by charlatans and grifters. Here's another one build on a foundation of lies.

There ought to be far stricter regulation in my opinion.

...here we are. I bought in at 1.62p against my better judgement. Seems like further shenanigans abound on the London Stock Exchange. Incredibly corrupt at the microcap level. Those in the know selling for a reason I guess. Can hopefully get out at 3p post-auction, if there is a bit of hype. But I don't expect anything above 5p in this crappy market.

That news makes me less confident here tbh. Retail investors in a small echo chamber driving activity rather than HNW venture capitalists and institutional investors speculating on high risk plays.

We just have a terribly risk averse culture for early adopter tech companies. No value attributed. I suspect we'll continue to range around these levels pre-auction. Still hopeful for 5-10p upon a successful auction but can't imagine that anything higher is plausible. Seen these things pan out far too many times unfortunately.

40p pre-auction seems wildly optimistic to say the least. I wish. Been tracking this for about 2 years but not had the funds to take anything other than a pitiful position. It looks like very promising tech but the LSE is total garbage for small innovator companies. If this was on the nasdaq the mcap would already be well over $100m. Hopefully some luck comes our way but I think 10p post auction - with the bag selling for £1m - is the maximum achievable price short-term, just because I'm bearish on the UK stock exchange in these types of situations. We'll see.

You actually invested in $XNO?

Sorry for typos in OP. Stupid predictive text.

Not currently invested here but is this bag goes for $1m it surely sends a massive signal as to what the potential of this tech is? And that goes way beyond the luxury bags market, with countless applications. I see talk of 5p and 10p but I could see a £50m mcap from these levels, so 30p plus. Yes, nothing ever goes smoothly in the volatile world of shares but I'm rarely see as much international press about a product from a company worth so little, so there is a bit of a mismatch vs. the potential here IMHO, unless I'm missing something?

I'm a big fan/advocate of the cultivated meat sector and feel like it's surely a no-brainer, but progress is slow. What are people's long-term SP targets here? Above £1? Or is dilution inevitable to maintain portfolio investee company percentages, which will then erode SP potential over time?

The chat here is quite sporadic but I've been watching this from afar for quite some time. It feels like it has good potential in terms of focussing on biotech that's at the avant-garde in this area. It's an exciting sector. What worries me is the lack of interest here. The volume is pitiful, which makes it a very illiquid stock, making it extremely difficult to buy decent wedges (any more than 10k shares at a time), even if you wanted to. It's great that there are very few shares in issue and the mcap is low, but it also brings to the fore concerns about scalability, commercial viability, etc. Also, was it a university R&D spin off? If so, are they savvy/qualified enough to make this a success and live up to the potential? Where is the value going to come from here? Is there a possibility for medium to long-term income streams or is this more about generating buy-out attractive patented IP that can be sold off to larger players, who can then go on to commercialise it? Would love to hear people's SP targets at a 3-5 year time interval. It feels like something that could readily go to 100p in the right market circumstances, even on hype alone, if the BOD don't go down the dilution, gravy train route?

At this price, it seems too good to be true? Been tracking this a while due to the Device Authority investment but hadn't checked in for a while. What am I missing? Is DA really a billion dollar company close to a takeover? And if so, why is the Tern SP so low? Is it a trust thing around the Board? Market conditions/malaise? Do longterm holders still believe this could go to £1 plus in a heartbeat?

Pretty simple really? There are 1bn shares in issue. Correct? There could well be billions more in circulation soon, thus eroding any future gains. What don't you understand?

What are people hoping for here in say 5-10 years, SP wise? A billion shares in issue and more dilution coming due to the gravy train renumeration that has eroded the potential gains, but do people think £1 is a conceivable price target still?

This seems to be holding up remarkably well given the state of our world and general market conditions. I was hoping to top up at around 13p but doesn't seem likely!

This one looks very interesting indeed but it feels like anyone with a long time horizon will be diluted to oblivion as they will probably do multiple fund raises and this might lead to a few billion shares in issue within a few short years?

Nothing has changed here but I wonder if it might touch 10p with all this turbulence

Agreed. Crisping it works best. They've cut some deals with restaurants and it's understandable. They are leading the way for now. Beyond Meat burger also good, as are Squeaky Bean deli meats. A lot of other stuff is hit and miss.

Feel like we are missing a trick here. Has anyone tried the THIS product range? Hands down the best meat substitutes by far. The bacon, lardons, and chicken are unreal. Wish we had a slice of that pie too as they will be a big player I reckon.

I'd like a clear indication from the board as to how much dilution they envisage in the medium to long-term. If this is going to end up being another company with 5bn plus shares in issue then the investment case erodes away to nothing for anyone wanting to get in for a 5 to 10 year time horizon. I could see this having an mcap of £5bn in ten years' time but that's of little use to people buying now if there will be 10bn shares by that point. Surely in such an exciting growth area we don't need to become yet another Ponzi scheme cash cow for tin-pot financial institutions.