Member Info for Atlantic57

A placing would be ideal to clear the overhang .

Ideally at 10p

Surely we don’t want any more acquisitions before the Croda news

If you listen to comments made by those connected with the Company they believe that events are coming which will release value.However the share price clearly indicates a lack of confidence in the Company strategy.

There also appears to be skepticism about the true asset value.

Does anyone know when the next results are Due .There is not exactly a great news flow communication

Mad I agree with your summary.

It should be straightforward to agree to a salary reduction and perhaps a share option scheme based on results .It is however wishful thinking to think that They can comment on Croda they have no control over what this large Company will do.

It is a poor update.

Given the length of time they have been in talks it is self evident that moving from the laboratory to clinching a sale is going to be difficult.

Probably around 5p is how low it will go

Sorry error will be generated in 2024 as opposed to q1.

I guess if Bitcoin goes on a tear we are due a bounce from these low levels.

The renegotiation of the bond holders conversion. At less favourable terms and the statement that revenues will not be generated in 2024 as opposed to say q1 suggests FG is not confident of getting customers imminently.

Investors must back their personal judgement .

Yes if Croda gives an early yes decision and revenues are generated in say the second half of the year then I wholeheartedly agree that the upside potential far outweighs the downside risk.

However if there are more delays the position will look very different given the need to fund directors remuneration .which for now is covered.

Has anyone a view on when the next acquisition will be announced.?

A stunning transformation.I think Tw is issuing a sell recommendation so you could have a further transformation.

I believe Mr Ashman would be wise to say nothing.

We await delivery of the small acquisition and then we will have something meaningful to comment on.

I am struggling to see why it is taking such a long time to announce an acquisition . I am familiar with the stages of work involved and am mystified we are still waiting.

I find it very difficult to discern who are the reliable posters on here and who is talking rubbish.

This was posted on the ADVFN thread last year and is clearly very silly.

tigerclaw20209 9 Jun '23 - 13:49 - 23 of 24

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I have a reliable source that FCA news is all done, ticked the box. It needs to be RNS next due to the PR head being off sick since last week.

Agreed one deal wil lead to many more and the shares will instantly rocket .

However we do need one deal!

To provide any realistic valuation of Qbt they will need to win a sales contract for their technology.Then it would be straightforward to calculate their potential profits.

Without any sales orders it is a huge gamble.

I think Ashman would be wise not to make any statements at all.

If he insists on speaking he should not offer any dates on any project.He has no control over potential Croda announcements and probably can’t be certain of how long the acquisitions will take either .

Yes Hexam t think you are 100% correct t 2024 is judgement year.

The chairman has stated categorically that the technology works and that 2024 will bring in Revenue.If they get even a small amount of customers for starters and a decent commission then a 300 million cap and potentially much more is easily attainable .

However if no customers are signed up by say the end of the first quarter then the market will assume that the claims made are not justified.

Share flyer many punters on aim are looking for instant profits .The false story that was peddled successfully by certain groups was that the Company was generating huge turnover already and making huge profits.If you look at the fundamental story everything is in place to grow the business over the next few years.

Shares never go up in a straight line and individual investors have their own parameters for a successful outcome .

Yes Hexam the market does not rate their chances as being high I would say the market is giving them 5% chance of success.However you have to back your own judgement .