Did make me wonder if the rise was orchestrated to get off a better placing price. Seemed to rise and drop back pretty quickly on no news. Rewards those who have held since the IPO and who have brought in before now (excluding the rise) which (if intentional) is nice to see
Just my opinion, DYOR.
Ditto. Sold 1/2 around 5.x and brought those all back now at under 5. Dropped averaged from mid 8's down to the high 6's. Still well underwater (and more than I'd want to be to be honest) but a lot happier to have averaged down and have some cash left over.
IMO the drop was overdone on Friday. There are still legs in this company - BUT it's come a LONG way in the last 12 months. Plenty of people sat on massive profits so totally understand why people would sell out and take their money.
Just my opinion, DYOR.
Hopefully... Managed to sell some mid 5's and buy back in a couple of transactions mid 4's. Dropped averaged down over a pound (still well down here though) Could certainly have played it better with some earlier sells as the RNS dropped but overall moderately happy.
Wasn't sure whether to top back up - but made sense given the average and this does seem overdone now. Same number of shares as before for lower average and a few quid left over. Small mercies etc.....
Just my opinion, DYOR
Anyone know if the 4 million trade at the end was a sell or buy? (I know it's showing as a sell, but that doesn't mean it was - there was a drop close to close and didn't have my eye on things at that point)
Just mu opinion, DYOR.
@jojo - unless their hand was forced. There was suggestion that the BOD didn't think this was RNS worthy yesterday (who knows whether this is true or not or whether people actually spoke to the company etc etc).
Clearly there was an uptick as a result of the news so the market took it as a positive - and if this continued today then it's either RNS the news (irrespective if it's deemed significant by the BOD or not) or issue a speeding ticket...
Just my opinion, DYOR.
While it's not an epic RNS not sure it's that bad... They found a problem, figured out the solution and have a fix waiting to go. It's good they're thing they're using material from their new location too.... Forward thinking..
Knowing TOM this will take a hit today, but I don't think it's a bad update personally...
Just my opinion, DYOR
Stats from April last year (which are probably still relevant now) was 60million masks a week for frontline workers. There's not a cat's chance in hell we'd get a look in at that sort of volume. If anyone things every nurse in the country will be wearing these masks it's a pipe dream.
Settings like care homes I can see as a viable target market, and companies such as cruise or airlines or delivery companies, pubs, restaurants, chefs (for example) . Plenty of relatively close contact and chance to spread, still required in high volumes and likely willing to pay a premium - and likely better than the 2 ply or "used every day for 6 months" fabric masks many will currently have.
These can be shifted in volume - at the end of the day they're still "single use" - just have an extended use period. Better for the wearer and others due to anti-viral properties etc - perfect for retail, food and travel IMO.
This is not a deramp - just, in my view free PPE in some care settings is unlikely to hurt us.
Just my opinion, DYOR.
This was my read on the involvement too - they were taken on to help get the machine up to speed, but also in other areas of relevant advice. Not entirely sure why Lemu weren't responsible for getting the machine up to it's stated capacity though - you'd think capacity would be written into a contract somewhere....
Just my opinion, DYOR.
Few dummy trades earlier confirmed a number of the "sells" around 1.5 were in fact buys. All smoke and mirrors at the moment - wouldn't read too much into where things are printed. Test out some dummy buys/sells to get a realistic picture of what's actually going on....
Just my opinion, DYOR
Was thinking about this last night. While we all made our own choices etc, the fact a significant number of holders got behind Dr Cave when he called for help showed a good level of shareholder support. He stood to loose as much as anyone (probably more) with the dilution from warrants - although as it stands now the SP would likely have been well above 2p to ensure those warrants could be cashed in for a profit - but that's another matter.
Anyway, a lot of the goodwill is rapidly evaporating. A lot of the sensible people (I don't count myself in this) got out when the warrants were defeated and the SP was above 3p. But plenty of others were still stuck at a loss at that point and continued to hold. I've pulled my average down to ~ 2.4 now but it's uncomfortable here as I'm sat on a big loss monetary wise (big in my books, small change to others).
While I don't think Dr Cave "owes" us anything, it'd be good to see some acknowledgement to the loyalty offered by the shareholders and for that loyalty to be returned.
This is a good place to top up - but honestly not sure it's worth chucking any more money here until things turn around.
Just my opinion, DYOR.
I'm in a similar boat. Stopped watching the SP now and just waiting for the news to drop. As others have said, I'm expecting good news next - but to be honest the longer we get nothing the more I'm expecting bad news.
Plenty of people I've spoken to about the masks do say how comfortable they are etc and like the idea of anti-viral / covid killing - but they are a bit late to the party now. Masks WILL be needed for a while yet and likely come and go in phases. Certainly the UK is in a MUCH better position than Europe is. I hope the PR tides will turn once Amazon EU listings kick off - but I thought they already had a PR company on board who were going to drip feed weekly news out - not seen any sign of that so far.
It's massively frustrating - but hopefully we'll be rewarded for our patience. Luckily I don't need to cash out right away (and have others in plenty of profit to offset losses here)
Just my opinion, DYOR
@Lp - emails from llglobal seemed to suggest a single listing covering multiple languages with a central pool of reviews.
This makes me think it'll be a NEW listing covering the whole of Europe (inc UK) rather than the UK listing being separate etc. To an extent - this makes sense, the original listing had Feb as it's initial posting date (although no stock from that point) so I wouldn't be surprised to see a brand new one appear for the wider rollout. I'm sure they learnt a thing or two from the original listing.
Just my opinion, DYOR.