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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
Thanks - this is good info. Lets hope we're nearly there now and there's something positive just around the corner. Hell - at this point in time I'd take break even as new "bottom" to the SP!
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.
Some within the old BOD were after slightly different things to the new BOD. TB for example - he is director of an investment group - the primary purpose of which is to make money - both for it's shareholders and also for himself.
That was the primary purpose (IMO) of the way the ramp and exit went back in Nov > Jan. An opportunity was spotted off the back of the hype to make a significant profit from the increased SP of RMS - and that was done for BRH and it's shareholders. Separate to that, there was a personal gain available (on multiple occasions) which again was taken advantage of. It is my view looking back that the exercise was entirely about making money - and TB did that VERY well at the expense of the PIs left behind. The same thing occurred with the fundraise - plenty of people did very well out of it (It's also my opinion, that a lot of those who took part have now exited from company too - and even if the the extra warrants were granted not one would EVER have passed the notifiable threshold. Some smoke and mirrors went on there - especially as there was zero resistance to the warrant vote-down).
News was manipulated to suit the entry/exit and in the pursuit of maximum profit from the share price. This is both in the form of RNS and via interviews/tweets etc.
We don't know what the new BOD have to deal with - we don't know how much historic news was overpumped or whether news was issued prematurely to push the SP up/down as was required at the time. What we're left with now is historic news and expectations which we're all second guessing and trying to read into.
The new BOD are (hopefully) providing updates as they have them and as the market demands. We're expecting news based on stuff we were told by the old BOD. In actuality what we should be doing is drawing a line under EVERYTHING we were previously told and starting again from scratch. Act as if we didn't have ANY of the historic news (deadlines, dates etc etc) and look only at what we've been recently told.
I don't believe the new BOD are sat around doing nothing. My nerves are shot waiting for an update and to know which way it'll take the SP. The Amazon stuff is a concern (but I'm hoping it's just delays getting a single EU wide listing up with stock in all the required places etc).
RNS notifications are on - and I'll keep distance until one falls, with the semi-regular checks on Twitter / here for updates.
Just my opinion, DYOR.
Doubt it'll backfire on the brand - more likely Mag health for sending them.
It's frustrating that we're in this situation at the moment with the distributors resorting to sending out a load of free samples to drum up a bit of PR. Avidly waiting for the next RNS and hoping for some good news, but the longer we don't get any the more worried I start to become.
There was meant to be a regular news feed on a weekly basis - can't say we've seen that since the first piece was fed. Amazon is off sale for a short(!?) period of time and there are plenty of people on Twitter spamming everyone under the Sun. I suspect if there were regular updates from the BOD (or at least some regular PR) then a lot less of this would occur - as it stands, PIs feel like they have to push the product. As it stands, if this continues there's a real risk (IMO) that people are going to become disillusioned with the product. Especially those who may have considered a purchase had they been approached by pro-larva themselves rather than "some dude" from Twitter spamming them every 10 mins for 3 weeks.
Massively frustrated at the moment - still holding and waiting for the good news to drop - but it feels like (to me anyway) the BOD aren't making good on their promises. That's either because they can't talk about things (at the moment), the news isn't quite as rosy or they're waiting before making an announcement. I for one hope it's not the second option - but the longer the silence the more worried I get....
This is NOT a deramp. I still hold and will continue to do so pending an update....
Just my opinion, DYOR.
@MarketNeo - Correct - missing due to updates & EU rollout. Should be back soon.
Just my opinion, DYOR.
Dummy trades have been showing buys below midpoint most of the morning and currently buy/sell both at 1.85. Yet again JBER is involved... #smokeandmirrors
Just my opinion, DYOR.
I understand the points GeneGenie is trying to make. This test (IMO) is not a replacement for LFT. Granted it maybe more accurate but it's simply not a replacement. The use case is TOTALLY different.
If you've not watched, take a look at the latest Heathrow series - it covers their covid testing. They offer a wide range of tests to suit the entry requirements for a specific country. If people need a PCR test and don't have one on arrival at the airport, this would be a viable option for them. (Just one example).
It would NOT however be suitable for mass testing before a football match. It _may_ however be suitable to confirm a positive LFT test - say in a school for example. It would also work as part of regular workplace testing where each employee gets a PCR test once a week (for example) alongside other testing methods.
This isn't a deramp - it's just realism. There are many facets to the route out of covid and all have a role to play (tests (PCR, LFT, LAMP etc etc), masks, social distancing etc). This is just another part of the route - offering accurate testing on a wider scale in a reasonable timeframe. It's not (as it stands) part of any viable mass testing solution as LFT tests are.
This is a good product - and it has it's place. It broadens the product portfolio and makes the gold standard test available to a wider range of people. Can only be a good thing IMO.
Just my opinion, DYOR.
@Torre - are you noticing the lot/batch numbers change with each order ?
Cheers
@coops - after an email exchange with ll global they confirmed the same r.e the listing. Updates are in progress and feedback is welcomed. They've had a LOT of interest too my all accounts (wonder how many are PIs...!) and see very positive about the amount of "buzz" there is.
Lets hope for some news flow and updates next week!
Have a good weekend everyone!
@Jarv - Was just about to post the same! Guess we've been in contact with the same people ;)
Glad to get a response and it sounds like they've been pretty busy getting all their ducks in order. Feel a bit more re-assured that progress is in the pipeline - suspect that under normal circumstances there wouldn't be quite as many people digging around for info on a normal product release...
Just my opinion, DYOR.
Leg up inc - trades at 2.285 are currently sells!
Just my opinion, DYOR
Sells at 2.00 and buys at 2.05 though!
Yep. Interesting that the profile of the "rise" changed when PEEL switched to the bid at ~ 09.15
Just my opinion, DYOR.
LP has valid points that are important for a balance viewpoint. We NEED to look at both the positives and negatives to ensure we can make informed decisions. If you're just here for the party, just focus on the positives.
A lot of people have been bitten here and many are still underwater (myself included). Having a balanced view helps weigh up the risks - do I get out at break even / 10% or do I hold for longer and wait for the SP to rise further. No one wants to loose money (especially here) and we ALL need to be careful not to end up ramping the SP to 7p on a wing again and watching the price dive as the real story emerges (as happened before).
Filter me if you like - I'm just trying to bring a bit of balance here and not ramp/deramp where it's not needed. The SP today looks positive (plenty of actual buys) so hopefully the news to come is good. But after being stung on hype before and averaging back down I'd like to make an informed decision on whether to top up, sell or hold rather than one based on positive news only..
Just my opinion, DYOR....
Congrats Torre!!
Full ask being paid too (and some decent sized transactions at that!) JBER sat on the bid though and they've been sat there since just after lunch yesterday...
Just my opinion, DYOR.
Funnily enough, the postman just said the same thing - think he heard it from you grannies,aunties , brother in laws uncle...