Member Info for barnetpeter

Just about doubled the late September low. Sold a few myself. Gone from a thumping loss to a good profit having averaged down to the 45p levels. Going to keep the rest longer term although I see this as fully valued at about 84p for now.

Yes in. 10.5p for me so a bit of leeway. Tried to get 10p but NT.

Tiny mkt cap and they could make a lot of money out of the huge Intu centres.

Block Energy PLC: Proposed Fundraising to Raise up to GBP 5 million. Block Energy PLC, the production company focused on Georgia, today announces its intention to conduct an accelerated bookbuild (the "Bookbuild") to raise proceeds of up to approximately GBP 5 million by way of a placing (the "Placing") of, and subscription (the "Subscription") for, new ordinary shares of £0.0025 each in the Company ("Ordinary Shares").

Bought on that RNS and out. Tiny mkt cap. I guess they will phone up every brand they know and offer them a two month deal on a store in Lakeside first. Xmas and New Year sales deal. Shopfitters and trades will go in overnight. Stock delivered the next night and off they go. Cheap deals for those that have got a lot of stock to move....that will be everyone.

Of course a different sector but ncyt is 5 times the mkt cap. It just shows as a comparison how big NCYT has become. Some on here still talk about ncyt as if it is a small cap worrying about a job here and there. At the highs NCYT was approaching ftse100 levels in mkt cap. We are no longer talking about a small cap stock.

Sold off the house building arm and returned the cash to investors. Now I could easily see NCYT doing a special dividend of 150p say. If they have got this huge cash pile they don’t really need it all so why not pay it out? Directors would likely take the cash with their holding. Other option is to buy up other smaller bios and we all know that can be very hit and miss. Ask Woodford lol

I am holding NCYT as a free roll and sold the ones I bought at 606 and 714 today to add more to my free ones. But to put this into perspective NCYT is valued at 5 times GFRD ...the later employing thousands of people, having 150 million in the bank and has 3 billion in contracts. Be in no illusion that NCYT has to deliver big time to justify this mkt cap let alone the near billion valuation at 12 quid. Now I reckon it might well do so and I want to see how big the cash pile is...but getting excited about a job here and there is just a joke.

Actually it’s 547 million. Whatever it’s not a micro cap any more....a couple of jobs here and there is irrelevant. It’s rated higher than some companies with thousands of jobs. At that mkt cap of course the company has lots of contracts and involvements. Again it has to at this value.

Is will the U.K. government award / extend the second contract? If yes then the price moves up strongly. If no then it falls away. The rampers just put up minor stuff like a job advert. The person in the job may have left, gone on maternity leave etc or the company may need someone extra. Ncyt is at a mkt cap of nearly half a billion quid ffs not ten million. Totally irrelevant ramping. Anything material and the company will issue an RNS. Just rampers dreaming.

Microsaic Systems plc (AIM: MSYS) the developer of point of need mass spectrometry ("MS") instruments, is pleased to announce a conditional offer for subscription via PrimaryBid (the "PrimaryBid Offer") of the issue and allotment by the Company of up to 20,000,000 new ordinary shares of 0.25p each in the Company ("New Ordinary Shares") at an issue price of 2 pence

The charts show this promptly fell to about 0.75p. Never been anywhere close to 2p since. No idea where the money went and I guess thats it.

52 Week High 2.325
52 Week High Date 10-Dec-2019
52 Week Low 0.45
52 Week Low Date 23-Mar-2020

Successful raise of £1,050,075, through a placing of 64,620,000 new ordinary shares of 0.1p each in the Company (the "Placing Shares") at an issue price of 1.625 pence per Placing Share (the "Placing")

At least they raised new money at more than double existing mkt price. Trouble is this keeps falling

Primary Bid placing was just 16p. Seems a long time ago now.

Shares go up and down.....just the way of the mkt

Yes if 550p does break then it may fall to around 400p before recovery. The market makers are getting adept to hitting the NCYT price hard and triggering stop losses etc. NCYT may well have a bad week unless there is an RNS ...especially if more vaccine news is released. The low last time was 550p on the first vaccine news so I see that as a key level.

Forget the rampers and the "its only going up" bunch. The price is the only thing that matters and a national newspaper has printed stuff like Munira Wilson, MP for Twickenham and the health and social care spokesperson for the Liberal Democrats, told The Independent: “Sadly yet again we are seeing a contract dished out by this government failing to deliver. It is absolutely right that the contract is reviewed, so that the public does not end up footing the bill for testing kit that simply isn’t functioning as promised". It may be rubbish but lets see in the morning

Missed a few zeros off that post.

Anyway lets see where we are. Don't discount a sudden suspension here if major shareholders say no thx to putting more cash in.

Sigh. I turned down 0.53 on these a while ago. Added more at 0.33 a week or so ago; taken a loss on those.

They did a placing at 0.12 before. I sold them at 0.15 checking my trades on this.

Think they can raise more money from major shareholders but bound to be a big discount. 0.015 would be my suggestion. That may not hit the price too much because the mkt would look at it as keeping the company solvent. For now. Administration must be a possibility now but that's the name of the game in sub penny stocks. We all know the risks.

Oneknows...you mean being up 23% on GDR since I bought is bad? Checked out what you have bought and when from your history....a bunch of losers. No wonder you are sore.

Grimshady.....where are the actual contracts? The only thing that really matters in the mkt is the price. Profit/loss. The way to NOT make money in the mkts is to buy high and then watch the price collapse hoping it will rally so you can get out breakeven. That is a losing strategy and why nearly EVERYONE in GDR is losing. Even those that bought the 80p placing. I dont care for "IF". The mkt knows all this. It wants real contracts and real profits. It has seen very little so far. Show it some better actual news and the buyers will come in.

Davec....I certainly did not. I did say NCYT could fall to below £4 if it broke the chart support at £6. The jury is still out on that. Oh and I also said that Angs was dire and could collapse in price (as it has) and William Hill was a crazy low at 0.30. It was. But no-one mentions that.

But believe what you want and block me etc. That way, you will only ever read posts that say "this is going to the moon" as you lose 50,60, 70 per cent of your money. The smart money has long since cashed in and moved out. Only the traders (me), rampers and desperate are left now.

GDR will be very lucky to get over 1.20p imo but that made below 50p a very fair punt. The idea of this game is to make money.....not believe all the hype and dross peddled by the hype and con merchants. The days of the big rallies in the Covid stocks to crazy levels has gone. Most holders who bought these at 1.50 to 1.80 and above will never see their money again....unless they double down at this level. Only way imo but risky of course.