Member Info for ben1093w1

Ticking up nicely now, strong resistance line formed at 0.1650 so that should be the new bottom for now, expecting to see 0.19 within the hour

Saying that looks like the retrace is done so should see some movement here now, I expect to see it sit under/at .2 by close of play

The issue is alot of people have bought at the bargain sale bottom because they knew any sort of news would bring a 10%+ rise and they pile out on it. Moreso alot of people buy in based on diamonds so there is a queue of people at the door at .2 hence my comment premarket that it'll only get a good rise if it can smash the liquidity at that level. Add in a pinch of people scaremongering that the delays have invoked a death spiral finance deal (not entirely true but the company will be in a precarious position of facing month on month dilution untill production is sorted or a refinance deal is sourced).
The JORC results are huge for the company not just because of their inherit value but because it should unlock alot of options to be refinanced and move away from atlas with more favourable terms.

Part of the issue which could lead to a longer sustained rise is that the herd is current hyper focused on covid stocks so we might not see a massive herd arrive. Could work out a bit better as it won't be sold for the 20%

Depends whether it can pass the massive liquidity seen at .2 seen previously

Same script as last week like i said at 4pm, expect more of the same tomorrow till the over subscribed placement RNS lands

There we go, 173 paid. Finishing blue as per the script of the last few days

There is a reason he created a new account, if people could see that he did the same tactics on multiple shares it might be more effective to the less frequent of the site. Shame most of us can see through his BS

sounds like a good money maker, quick shove 100k in and sell it quick ;)

Wverything youve spouted so far has been wrong, not going to start taking notes off you now. Jog on, not sure why you are so interested in a share that you aren't interested in to the point you made a new account just to deramp it.

Funny how all the derampers shutup after 1pm isnt it

Yeah i dont know who is spouting they tripled their shares. Defintely sold to below notifaction level hence the N/A as they dont need to report it anymore. Definitely very poorly filled out though as they put the number of shares rather than a %. Odd, oh well, SP held up pretty well whether they were sold to brandon or sold into market

Very strong resistance at 140, think that moght be our bottom

Also if you believe a company with the capacity to make 10k tests per hour and sell them for £8-£10 with a gross margin of 60%, not to mention the companies other revenue streams which have just been acknowledged by WHO, is only worth a £40m MCAP you need your head banging

None of that is priced in though, stop the pathetic deramps about 80p

They raised the capital to speed up bringing thrm selves to ramped up production, average yearly cash burn is around 4m, we won't see another placing soon considering by end of the month we will be flogging tests

Because thats the number he picked out of the air randomly to push his agenda

Plus the placing was to further devlopment of a pure money maker, I don't see this going anywhere close to £1 to be honest

The Monday RNS has grounded the SP alot higher than £1

Other people reporting the same, my broker isn't even taking manual corporate actions at the minute due to staffing issues, only automated ones that can be completed online in the "inbox". Even with all this i expect it to be massively oversubscribed. All we can hope is that they don't scale it up rediculous amounts.