Member Info for badtrader99

The company has $1.1bn of debt expiring next year, the CFO has just resigned and it is being investigated by Deloittes.

Too many uncertainties to make it a takeover target.

More bad news to come before things improve.

Thanks Cgull, managed to get a small long position but now it’s closing trades only. Would like to get more if any of the other platforms are taking positions. Any one else managing to buy on spread betting platforms?

The trouble with these type of potential misselling issues is that the liability seems very unclear and they take months or years to resolve

Agreed hiblue, commercial deals are getting closer on a number of fronts.

I am trying to take a long position in Ondo but Spreadex will only do closing trades, does anybody know if any of the other platforms are covering it?

Lot of high volume buys late yesterday, news on Monday?

We have great IP and an early mover advantage. Still holding a large position here and keep reminding myself to be patient.

BlackRock selling

They have cash and wouldn't make sense to raise at these levels so may be a delist is more likely

Thanks for sharing, really interesting interview discussing multiple routes to revenue and profitability with hints of a big commercial deal in the pipeline.

Thanks for the info Hiblue. Fingers crossed Upomega for some commercial news. A lot of positivity in the markets today, topped up again in my SIPP!

Upomega, I have an uncomfortably large holding in this which was built up over the last 2 years or so based upon what I thought was unique IP across a number of sectors. Whilst the IP still seems very promising and unique, the commercialisation is either not working at all or not progressing fast enough. There have been some good signs, with new partnerships, maybe HK will be the most promising, they have hired a new business head and issued staff share options with a strike price at 17p so clearly the BOD believe in what hey are doing.

With such a low Mcap it would only take one of the business opportunities for the SP to be back in the 20s. I will hold as at these levels the risk reward is very attractive. Would be much happier if this was my entry point!

Good luck all.

The trades going through at 14.60 are buys but showing as sells, the price really hasn't reacted to the NFU and other US client wins, one day the market will catch up, until then happy to accumulate at these levels

Agreed, just topped up

Thanks for sharing, really interesting interview with Craig being very open and honest. Very happy that he is the CEO.

Shard Capital have issued a note on BSFA, interesting read and is very bullish for the future and has a target price of 63p. Can't share it but it is available from Research Tree.

Some good buys and volume building, hopefully good news is coming!

GSA started to close yesterday reducing their position by 0.03% to 0.78%

The results are due in july and a date needs to be announced

This price increase will test GSA's conviction