Member Info for belgrano

Know the markets were in turmoil again yesterday but we did not see any big after hrs purchase like we have been seeing on the previous several sessions.

Was the dip a result of the absence of this almost regular order.

Too many hidden keyboard warriors about, often spreading nastiness via well penned narratives. It is hurtful when you are on the receiving end and it comes out of the blue by folks you never met trying to make a name for themselves.

Against such general market carnage I cant blame anyone for selling yesterday and moving to a cash position or one of the many blue chip stocks hit by large percentage losses.

Very surprising was the after hrs 500k buy showing that the game here is still very much in play.

Buyers happy to purchase up to 20p pre SA leaving, now we have buyers unknown with strong appetite for stock so 13p will be even better.

True reason for that buying is the million dollar question.

However our assets are worth a fair bit more than the current market cap.

SkinBioTherapeutics plc has appointed Rachel Parsonage as a director to the Board, serving as Interim CEO, following the completion of regulatory due diligence by the Company's Nominated Adviser. Parsonage, aged 51, currently holds no shareholding in SkinBioTherapeutics and has a background in leading consumer beauty and wellness companies, including previous roles at KMI Brands and This Works. The company is awaiting the outcome of an external investigation and preparing for its HY results, with further announcements expected in due course.

"Object is to stay above support at 9.5p if we can". Well and truly blown past those chart signals.

Zak is good at Technical Analysis, however what the charts cant read are a couple of very important factors.

1. At least one serious buyer buying plenty of stock.

2. At least part return of all important "investor confidence".

3. New CEO in place and proper investigation being conducted.

No sunrise in Iran this morning as its black from all the oil fires as all its oil facilities now being targeted.

Plan is to reduce them to the dark ages.

They have a serious Achilles heel, that is water.. and overnight strikes on desalination plants will quickly cause chaos.

Don't know what the order book is showing regarding resistance but the mm's will still take 500k stock on instant trade.

Says to me there is at least one large buy order being filled.

Going to rise into the close again.

Thanks Bazz,

Only Croda know the full potential and we do not, golden opportunity which will soon pass. I don't think for one second that they havnt been continuing research on our product and testing with more blends and formulations. That's company confidential for them alone, but its a fact that they see sbtx as their strategic direction.

Clearly pinches of salt required on my ramblings, but it most certainly fits. (I wasn't part of that particular weekly Thurs night meet).

Hi Net,

I believe the answer is along the lines of the second point you rightly raise.

Croda can now see the full realistic potential of Zenakine and how it can be integrated into their portfolio and compliment other excellent products. Certainly they alone will be able to gauge the scale of usage and demand as it steadily becomes mainstream. Not rocket science but they will also have at this stage estimated royalty projections.

Not unreasonable to suggest that if they like what they are seeing, and our products are directly the way they see their company vision headed, that they might desire our company for themselves.

A very good starting point may be an informal call with Mr. Hunt, to see how hes and what board members might be receptive to such an approach... nothing formal at this stage mind, but might have mentioned rough figures.

SA is against it, as it might upset his gravy train salary and empire build, so the board is split. Mr. Hunt recruits deep pocketed investors who start buying stock. The rest everyone now knows.

But its the steady larger buys which is pushing north the price which is far from normal trading. Please don't anyone think this is normal trading where we are right now.. Yes it was well oversold, but not now...its accumulation by big pockets by players undiscolsed.

Simple choice really should you have sold like Laura at 9.8p three sessions ago, today at 12.p, or next week at 15p.

All the above are good because we have no crystal ball and the auditors report might be a stinker.. However I'm standing by my reasoning that the big buyers know something , and regardless I'd prefer what they think they are going to get.

Https://tracxn.com/d/acquisitions/acquisitions-by-croda/__KArcPljmcC1QnHC_o1qlNLAn0ltF-lhyj-w17B34l_M#list-of-acquisitions

Hi Clio, Please excuse these ramblings....

160M shares sold since the crash and no TR1, whos been making phone calls informing the big holders I wonder.

Believe the boardroom "difference of opinion started a while before SA left". He may have been set up or just made a serious error and Hunt knew it was a way of getting him out.

Plenty of high flyers in the upper circles who share the Thursday night meets with a bit of trade chat, especially amongst well heeled friends who keep stum and return favours. All rubbing each others backs.

The stock accumulation we saw before the crash is still happening now, we knew who it was then, but not now. Serious amounts of stock are being taken and held, and its not traders ..we saw them come and go., and there wasnt many of them either..who else bought??

They know something and I doubt its long term company growth. Its a much shorter timeframe, and must be a way of seeing them recoup with decent profits. Something like a potential sale to Croda for 80M, would do it.

One things defo... serious money being used to take stock, somethings afoot.

Bet the SA investigation doesnt reveal much, at worse 700K lost, or probably deferred...peanuts when you have a potential 80M sale and it caused the stock to drop to 5p, where the group filled its boots.

They might actually want the price right up now they have stock especially in order to aid any sale, but signs are they still want your shares.

Might be daft ramblings, but we shall see, and at the moment I hold.

I’m more leaning towards a noss as rod room bust up with hunt alongside DB and MD. Clearly they see some financial incentive be it deal with Croda or another. Sa was against and he lost. As we know need 3% to trigger a first TR1, so if they also have other associates they could also be the one’s accumulating as you can get 7M shares without the need to submit. I would tend to go with new names acquiring as existing holders can’t get more than a couple of million without that trigger and they want plenty of stock at cheapest price. If big existing holders notified via TR1, it would cause the share price to rise more quickly and deter sellers rather than unknown. So this is the objective. A strong collective group could certainly force their way with the company, especially now SA has departed.

Another 500k buy shown. Suspect that order has been in system for a good few hrs, as makes sense with the prices I was offered for 400k.

Defo more accumulation at a steady rate.

Don't offload right now guys/gals, MM's will take 700k stock right now for 0.1001, or 400k for 0.1041p .

Got to be another order requiring filling to offer an instant price for that much and whatever it is its not small.

Yep well done Laura, you often see those that decide to topslice, often find something juicy about and commonly then pull the rest. Many blue chip stocks have decent percentages wiped off right now so some deals about.

Noticeable that its mainly traders offloading and not big holders.

Hi Net,

I said well called to Cotty as he called it correctly despite our observations (mine and yours), that there were not enough sells taking place to support the purchase yesterday.

A worked order in this context could easily be an order that was placed the day before for X amount of stock but because there wasn't enough floating shares about carried over into the next day in order to be filled. In this state the MM's are "working the order" , and that might well be the reply from the broker if say it was our order which was put in and you enquired towards end of play on the first day as to its completion.

The great point you also raise at the end of your kind post that MM's are milking this rise ,rally or rebound I believe is true, with large quantities of stock being taken but so carefully as not to overly push the price up any quicker than they can help.

The action we saw yesterday says to me single figure stock prices only really held due to general market pull back but will steadily continue north in the next few sessions.

I don't think its impossible now we have COCO gone, that whe the dust settles it might well be at a higher position than before the crash.

Hat tip Cotty, well called.

Clearly serious accumulation still in play. Been continuing for a while now , but sellers are drying up. Good to finish where we are after some torrid times on the market with many stocks taking a real hammering. Also gives another positive signal for this stock.

Appears today to be a stable market while we await news. No real signs of accumulation or selling either. Awaiting the auditors report next.