Tim Watts, CFO at Shield Therapeutics #STX presenting at our Life Sciences Investor Briefing Watch Now
For no particular reason between 40 and 50 extra trades suddenly appear in various splits to boost the sp towards the 7p+ mark: if it is not repeated the sp will fall back to the 4.50/5p.
The cash amount for the extra deals is not much.
The incentive to avoid a failure.
One way of looking at the whys of boosting is because BOD cannot deliver to meet PIs expectations on drill dates licence etc., even news of SNPC last months payment would be good.
The BODs track record does little to recommend their information service.
In the face of what looks to be share price manipulation little can be relied on for the sp path.
Does not auger well for the future.
Apart from the recent overall MKT drop caused by Boris.
One of the reasons for the sp remaining in the doldrums is AAOGs increasing costs, expect them to be in the region +12%/18% on a NO Brexit deal.
The reversal cost advantage will not be seen unless OIL is produced.
The BOD could have covered the position,no doubt will say if they did so.
Next RNS due soon.
T -I added 1.25 mill., to RBD .
Over the last 3 business days DISH holdings increased to just shy of 400k
Memo to self ;Set SL warning at -40%
This morning there was a 5,250,000 purchase at 1.24p not showing on here ,also a couple of 500,000 purchases showing as sales 1.20+ and 1.22 ,
So the number of purchases showig as zero against the number of sales cannot be relied on.
My DISH profits are huge @ 119%
Just started buying DISH again, initial target is just a million shares, (last time it was around 3 million). for a repeat performance ,
Yes SDX was a serious loss but I had virtually sold out above 40p,having bought 250k well above 40p.now I am close to buying back in having warned the sp would fall all the way down to 20p mark now 15p is remotely possible.
This time buying back in for the longer term of 6 months expecting a 20/50% rise if all their upcoming news gets delivered on schedule.
Warning to myself is SDX by all markers had everything going for it but the BOD failed to deliver so the sp sentiment is total carp.
Yes bought into BRD before they started to move,purposefully knowing about the consolidation, sold over half at a decent profit prior to consolidation, now sitting comfortably for the longer term.
After all diamonds are a girls best friend.
As for AAOGs sp ,yes it cannot be denied I have called it from 12p down and continue to do so
Playing games or kidding myself everything is right when it is not the case, is not for me.
It is wrong to think anything I post has an impact on the sp.
As for my posting numbers have you looked at your own?
Insulting posters,yes there are some insulting posters, more like twerps around, better than ones who bully or threaten, remind me.
Nevertheless thank you for your wishes.
I wish you well here.
I know some situations are difficult to accept.
The deeper they go the more diamond are found. As yet they have exploited just 5% of their available resources. They have stated their fiscal KPIs are exceeding their budgeted expectations.
Regarding acquisitions;-surely it would be better to raise money when everything they have laid out as their future program is moving ahead and producing uplifted results. So raise money when it is not needed and bank it for a timely acquisition?
The sp would not even blink, if it did it would rise in surprise bearing in mind the SII is really low at 3 million so plenty of leg room for an issue.
Plus any Brexit cull of the £ will add a lot of $$$ to the bottom line.
Several years ago Mongolia.gov waded into stop corruption with seizure of assets, heavy fines and imprisonment, things have vastly improved since then so the reality is its a technical issue bought out into the open to avoid Mong.gov wrath.
Its the start of the week and the sp has, as warned, fallen from 4.90p to 4.70p with a lift in the BID to 4.60p so narrowing the spread to a reasonable 2%+ indicative to maintaining the sp until the next RNS or the sell off begins.
The sp consensus has not accounted for the new shares yet to be sold into the market at regualr intervals.
My view on those shares coming to the market at monthly intervals- will essentially kill off the sp.
The BOD will be relying on delivering uplifting news to counteract the sales BUT their previous track record on continual non delivery of all their definitive statements drives a big hole of doubt through anything stated as being accurate.
The long winded wafflers have no effect on the sp.
As for ' I'm right your wrong'' comment allow yourself reality check, about as good a comment as your'' I am as honest as the day is long''
Burying collective heads in the sand by failing to accept the reality of recent and on going events does nothing for bank balances
The lack of a CPR nullifies accuracy for the BODs comments on expectations.
The CPI lacked hard data so cannot be considered accurate.
As for income statements- all ''pie in the sky''
''As honest as the day is long'' is about right
The nights are getting longer .
First the working App needs to be fully advertised on a par with the stated restaurant sign up schedule.
Secondly advertised timing has to be spot on to make the necessary impact on revenue expectations for the client restaurant and the company itself.
Thirdly as the advertising breaks into the dining populace sub conscience the restaurant self sign up facility need to be up and running to enable a broader listing of local and out of the way restaurants.
In the recent past there are cases where the company has overpromised and underdelivered thus losing clients.
Once all the managers are operational we should get various KPIs on a monthly twitter basis?
Last but not least SN needs to be more accurate with his statements.
Nothing of interest for the sp. except the lifting of the seizure order against certain assets. Note the words.
No mention of SNPC payment being received, no mention of any drilling times or expected spud dates .
Nothing about on going licence negotiations.
A while ago AAOG initiated their right to retain the rig,at a cost of what ? a mininimum of $300/$400k per month?
All in all the RNS has little of thenews needed for the sp to move forwards although the bid has hardened slightly due to a few traders looking for the chance of a quick buck.
If the BOD state they have bought in the sp will react but will not sustain any decent rise unless accompanied by drill times,dates, income etc.,
''As honest as the day is long '',that's about half the time then !
Is that better than the original IPO stating certainty of production and income.
Goes with your understanding of IMO.
SP-Minimal interest shown with just 8 deals giving the mms the opportunity for a wide spread of 9% - the bid has dropped to 4.5p and the ask is at 4.9p presages a fall in the sp at the start of next week
Unless RNS arrives giving a decent update inclusive of SNPC payment news. Local Court case etc.,
RT That is a laughable post, you demonstrate have no idea how it works or what happens or why restaurants drop out.
I warned the sp would drift off.
If the sp is -3p by Friday I shall be buying in serious quantities. Many others will be thinking the same.
One answer to your question is the share is a traders paradise for numerous reasons, the main one being the number of deals being made on a daily basis gives traders a surety of being able to deal rapidly if required.
Boris and Brexit have given the stock market food for thought is also another reason why the sp may have fallen when you think about what STAF do.
I dont have enough information yet to think where the sp may go; on the surface, unless there is recovery tomorrow I expect it to go lower over the rest of the week.
BUT DYOR and make your own mind up.
On just 8 trades showing the sp has strengthened on the BID from 4.70p to 4.80p remarkable to say the least.
I rarely make a comment about mkt manipulation but for the sp to strengthen on the bid when a measly 60k shares have been bought against tan SII of 397 million is against all the odds.
Nevertheless the sp has kept to its 5p mark, not good enough so expect BOD notice of buying in or the intention to buy in !
Diamond producers in the position of BRD should benefit from haven seeking investors in times of market uncertainty
This is one of the few types of shares available for investment that have much better chances of the sp reaching heights of pound(s)+ per share.
DS's stopping the update of the CPR and failing to answer the requirement for hard data is remarkable for it has given warning that his claims have little if any merit.
Place that in the order of all the failures to date and it is non sequitur the drill will have the hoped for success, which reminds me (-SMP know the results although under contract of privacy. Should the matter come up via the PCC and need to be aired, AAOG may withdraw its claim or play for time .
That's rich and two faced ,Tiburn, you are one of the most prolific rampers of waffle on the BB, posting many times a day,
yet you want any opposition removed.
Bullying won't work nor will appealing to Bloggers to removing opinions to stifle opposition to your views.
Such a wish gives little confidence to readers of your blog content if you fear the views of any opposition
The BOD need to start to deliver basic expectations in full if the sp is to maintain the 4p/5p range, let alone move up, if not expect upper 3p to appear.
Possibility of changes in the fiscal arrangements if the sp outlook does not meet requirments.