Its Bergen that decides when to convert not the BOD. I see this as a good sign that they may feel the price may go higher so have decided to convert now so as to get more shares at a lower conversion rate. Would have been a very good sign if they had done the full million in one hit.
To be fair we were expecting 2 LONO agreements to be signed last year, the trials are due H2 this year. Morocco will almost certainly slip due Covid, so lets hope UTAH pull their fingers out and send us a sample
I have to say I'm a little suspicious of this rise. Admittedly the volume is up on the usual average but not enough to justify such a rise. There are alot more small A trade buys going through pushing the price up. So is this to increase SP for a placing, PI's that follow this MCNulty chap jumping on the back of his tip, a possible leak re positive developments or just momentum re green issues. Could be none of the above but I would truly like to see a very positive RNS to back this up and avoid a pump and dump scenario.
Indigo - totally agree. All the ducks have lined up for QFI to show the shipping world the wonders of MSAR. Now wheres the frigging LONO agreements!! If they don't succeed now then they never will.
A lot of companies registered at that address so its probably just a service address for them all. Saves money I guess and having worked from home over past months I guess Mike and Jason feel they can do it all the time. A little worried what image it gives to the clients we need to impress but we shall see. Also M & J can now throw away their alarm clocks and stock up on trackies, Happy Days!!
So no surprise then, as sure as Night follows Day another timeline missed, what a bloody disgrace. I suppose the exceptionally busy schedule our BOD have had to endure with the sales in full swing and bargains to be found online have inevitably pushed the schedule back (IMHO). Lets just hope it has just pushed back and not been blown out altogether. It really is unacceptable to treat shareholders like this at the very least some form of update should have been made. Maybe it will come after the early close of the markets today but if that turns out to be the case it will be a Dear John bad news update hoping to get lost in the extended break. With regards a fundraise they lost resolution 6 at the AGM so if they are after a substantial amount they will need to detail what its for and come back to shareholders with another vote.
The Mule puts anyone on the naughty step that doesn't do a ramptastic post. My sin was to say a certain trade was a sell, how bad is that - straight to the naughty step. I actually don't think this share needs to be ramped, it will do just fine all on its own!!
Simply pointing out that our BOD are running out of time to meet yet another self imposed deadline. How anyone can defend their inability do get one contract signed in 14 years is beyond me. I reckon they would fail to sell a pint of Guinness to the Irish Ruby team. Theres always tomorrow so all hope is not yet lost!!!!!
Why don't you go polish your crystal ball BP and gives us yet another inaccurate prediction
Hearing there's a lot of good news on the way #WestNewton over the next month... I've topped up slightly on both 2day #RBD (Target 2/2.5p) #UJO (0.40/1p) 2dayVictory hand
Permeability is off the charts at 14%, ergo it's more than likely going 2 flow bigly...