Member Info for andyrp

SYME - SP has rocketed but further news flow is imminent as the business gets going and announces new contracts and agreements with banks / lenders for its inventory monetisation service.

I don’t understand why his Richmond Group are reducing their holdings in Amigo by 1% a day - what is the reason for that?

Bjeise, so it would cost a MM £60k to issue a Move the Price Up signal on Astra Zeneca shares!

Don't know but she looks like she could sell me anything!

SP bounced off 0.63 on that downwards run and is now bouncing back up; it had me worried for a minute but I think this is a share with great prospect so no need to panic.

Needed not nerded!!!!

We need an update ASAP in order to stop this drift downwards in SP; there’s a risk some stop losses are triggered and a sell off occurs. I’m starting to feel that an update is now overdue.

If somebody is buying then somebody is selling! Unless new shares are issued which is not unusual with SS.

The SP movement this morning was simply because a number of people had bough in expecting an RNS and subsequent and SP increase ahead of the interview. With no RNS they have taken their money to look elsewhere for a quick win.

Ignore that about the NCT code, I’ve read the full details now!! Possibly - yes!

NCT is the USA government clinical trials identifier; they all begin with NCT so nothing to do with NCYT.

CPR! Stephen, as you affectionately refer to him, has been talking about an updated CPR for years now! SS withholds information that could have a negative impact on the SP, HH2-z water ingress being the latest, a CPR threatens to reveal a lower quantity of proven and recoverable reserves so he is no rush to shoot himself in the foot.

Of course there will be a placing; the revenues are just enough to keep the lights on never mind fund future drills or Loxley. SS has already said placings are the best way to raise funds.

I sat tight but the fall over the last few days has dented my paper profits / gains. I came close to selling when I saw the rate at which the sp was dropping at one point but even my limited experience told me not to panic. Let’s see what next week brings.

WHO have said they hope the virus will be over in 2 years time. So that’s not 6 months or 12 months but 2 years and they say “hope” and not “definitely”.

That’s means plenty of demand for tests!

It will be £200k at the nominal value of the shares not the current share price.

"And if that company goes bust SYME has the stock to sell to its competitors?"

No, SYME doesn't own the stock. SYME effectively gets a bank or other lender to take ownership of the stock and issue a loan to the value of the stock , less a 15% deposit, to the original owner. SYME take a service fee for arranging this.

SYME would not have sufficient working capital to buy the stock and if they did they would be taking on huge risk; that is not the business model.

Some nice late trades reported, on of them particularly sizeable.

Time Trade Prc Volume Buy/Sell Value
18-Aug-20 17:24:35 315.954. 8,558 Buy* 27.04k
18-Aug-20 17:21:17 316.30 20,149 Buy* 63.73k
18-Aug-20 17:49:13 318.45 67,590 Buy* 215.24k
18-Aug-20 17:48:07 324.888. 26,161 Buy* 84.99k

Hopefully a good indicator of strong buying pressure and a return to blue days tomorrow.

When we do get news there should be a lot to report; should give us a significant leg up towards our true value.

£150 per test for arrivals at Kuwait International airport! Not sure what test they are using other than it is PCR.