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I never understand how market makers make their prices .
The volume of buys and sells per this site is about equal yet the price has fallen by 8.62%.
Can anyone explain
It would certainly spike on a positive Fca announcement .However many traders will exit.
Long term the sky would be the limit.How long it would stay at elevated levels is difficult to predict
I find splatted summary very helpful.
I keep reading about posters who are sitting on 400% profits.I suspect most holders are not .
I suspect we are in a narrow trading range ahead of the Fca announcement .Traders may jump on board but we will have buy the rumour sell the news brigade.
2p as a short term target end of May does not seem unreasonable.
Splatted is it the case that you still feel 10 p is a realistic target.I would find it very difficult to predict .On the one hand you have the buy on the rumour sell on the news brigade.
However there are very few shares in public hands and this is breathtaking new technology with a huge potential market.
Good post Toyin,
Clearly I like many investors am disappointed at the current share price.
You articulate why we still hold.
I don’t think the Company can make an Rns at this time as there is nothing they can comment on.
https://youtu.be/WbJcD1uffzI
An old interview but perhaps still relevant
Plutuq your points are valid.
Unfortunately these days you can’t discuss anything .Qbt could achieve great things but it is not a one way bet
A very strong close.
Surely a very bullish sign particularly for a Friday when people often want to take profits
Thank you Splatt I have been in this for 18 months thinking that it would be the next Argo .
Well underwater but will hold
Splatted do you have a time frame for your price targets ?
I agree Zac I can’t see any grounds for optimism.I was hoping Splatted would do that.
In the absence any solid news I can’t see why this would go up.
Truthcaller18 Jan '23 - 07:53 - 1102 of 1104
0 0 0
Here they are 50m shares at discount.
They have another $525k to covert. This will be 0.002s
Company obviously didnt think this through. Any bit of good news and they will
Dump these shares from advfn
Splatted why do you believe we will be 5p by Easter 2023 thanks
Camus the auditors are supposed to be independent , they are not allowed to have any transactions with connected parties.If for example they discovered something bad on the audit and their fee depended on a high share price their independence would be compromised.
Their professional body would take a very dim view of such an arrangement.
Splatted I think you have a good knowledge of the Company what is your target price for yourself and over what time frame.
What’s your time scale ?
I think I am 70% down having been here 12 months plus.
Hot Chip please update with your findings.The failure to meet targets is surely a key factor going forwards .The Gross margin on Covid products is lower than I had hoped for.The new products and how well they are able to market them will determine the Companies future.
Jam rock I think that is a very good summary.
Penny appears to be a good ceo on products but has stated she has no interest on the share price.The Company Pr is poor and they don’t seem to understand how to maximise their position.
They are well funded and if the products take off the current sp is very/low.
I think the reason why sp is not responding is the history of the foundation and their inability to do anything quickly.For those who believe this time is different then the current/ share price offers an opportunity .
A derisked approach which presumably will require a much higher entry price is to wait until the foundation sign a legally binding agreement which fundamentally alters the terms of the contract.
Regardless of what is going to happen in the future.The contract signed with the foundation would have made it extremely difficult for a developer to take the project forwards.Historically it would appear that the foundation had no desire to take this forwards.
Now with a Greek chairman and an apparent desire to change the contract perhaps things may change.