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@lionshare "I think his behaviour falls well short"
Specifically what behaviour are you talking about exactly that falls short? Can you give an example from the presentation of something he said/did that you're not happy with?
@bobUK that metaphor you gave in most recent post is decent, we can agree on that.
I don't agree that the person who bought the car was misled though. My take is that the flooding of cars onto the market is just something that happened. It doesn't affect the fact that you bought a car for a certain price the other day that you were happy with. Did you only buy it because it was limited to a certain amount of cars? Or did you like the car too? Did you like the way it drives? Did you like the potential future updates to the car? Did you like the hot lady in a bikini cleaning it with a sponge & bucket on the day you viewed it?
Hah yeah you're right that once you reach a certain point with the metaphor it reaches a breaking point!
Hepseal - Nah the core message in your metaphor is that the car was mis-sold with a lie about the nature of the car. That's not true because the nature of the company is still the same as when it was advertised.
The only thing that is different is what price you can buy at on the open market. In fact to be pedantic the company is in a better position than when you bought, as it now has £3mill cash!
So instead of getting the car that you expected with 30,000 miles, it actually has 10,000 miles! Yes you paid a bit more for it than you can buy it today, but it's a better car than you expected to have! A better car than the salesman advertised.
You buy a nice looking car from a salesman for £100,000. He tells you all the positive things about it; the safety features, the power of the engine, the smooth feel of turning & driving on bumpy terrain.
The next day, you see that the same dealership is now selling the car for £60,000 on a discount!
You feel ****ed off that you bought at the higher price a day earlier, but the salesman didn't do anything wrong even if he knew the price was going to fall. You agreed that £100,000 was a good price for the car, so you agreed to make the purchase, end of story!
This metaphor mirrors the MOS situation more accurately.
I am a bit of a freak, a freak who tends to avoid name calling on BB's.
There's nothing morally wrong about what's happened, if people are hurting from losing money by buying a spike they need to learn not to buy spikes.
We all have to learn the hard way through experience, it's how we improve our decisions for next time.
It was your choice to buy at that price, don't rush to buy a spike next time.
The short term loss is no-one's fault but your own.
Anyway 0.5p is still a good price long term for this company. It's growing every year & gains positive reputation with every agreement made & with every investor who puts hundreds of thousands on the line to invest in the company via placing.
Simple, don't buy spikes.
If someone bought at 0.5p it's because they thought the shares were worth 0.5p.
All they need to do is hold hold hold. Long term it'll go higher than 0.5p.
These people investing hundreds of thousands in the placing are expecting the price to be at least 1p before they start selling.
Big picture if investors want to pour £2mill into the company at the current price, they think it is worth a lot more than it is now.
The value of your shares will stay the same as long as the price remains around 0.3p, as all the newly issued shares are paid for at the current price. The market cap will double, which will limit further rises slightly in the short term which is a little disappointing admittedly, yet I'd prefer to be invested in a company with £3mill in the bank to expand with & new deals every year than a company with no interested investors.
Every time I've been invested with a company in the past that has had a fundraise like this it's turned out to be great for the company & share price long term.
UVEL to space
52% of shares have a provisionary offer of 4.1p... why sell @1.5-1.8p when fair value is 4.1 at the least?
One of the areas that MOGP specialises in is the construction of controlled environments – meaning data centres, clean rooms, and pharmaceutical buildings.
In the UK after the pandemic I'd expect to see investment and expansion of the UK pharmaceutical industry which could benefit this side of MOGP's business.
I'd also expect to see more data centres being constructed, as more companies become IT aware and need a place to securely store and run their tech.
Hopefully MOGP can benefit from these areas of growth indirectly.
It took Novacyt 10 weeks after the initial 'multi-bag' to then 4x up to 400p.
Disclaimer - obviously I am not saying Hemo will go the same way. It's a completely different company. Just saying it takes time.