Member Info for BertieMC

Truth, you have more bottle than me selling out at this price, especially when you can see the potential as we all can.

I’d expect a significant contribution from the directors as part of any funding agreement - I’m sure they would love to take advantage.

TruthSearcher - on my very limited understanding of insider trading rules, I don’t believe the directors could have legally bought during the current period of uncertainty (results, funding, cyber attacks etc etc).

Hi TheOldBee, it sounds like you've got plenty riding here already and you'll see plenty of profit if all goes to plan.

If a placing happens it will significantly de-risk this one and could also provide a good opportunity to top up - win win.

Just my opinion, of course.

Best wishes.

Haha yes but sadly the reason we still need funding doesn't change the fact that we still need funding!

TruthSearcher " the value is here but the cash is not, hence why LTH's are so far down on their investments in TRX"

Exactly.

Funding needs sorting and the market knows it.

chester18, exactly - placing is fine for anyone here who is happy to hold medium term.

Hi Scarlett, I agree a great company for the reasons you've given.

Funding needs sorting, I'm sure many like myself are holding and will be more inclined to add once some of the risks surrounding funding are resolved. Your buying at these levels has the potential to be very fruitful - good luck.

Hi Scarlett, that's a daft question you ask about posting on all chatrooms. I don't invest in all AIM shares - only companies I believe could provide a good return and I don't post on chatrooms for shares I'm not invested in.

Sorry but there is a change since the 14th November - 22nd January RNS clearly states (hence the drop off from 1.7p upon release of the RNS):

The Company continues to experience significant constraints on its working capital however the Board believes that the available cash runway will continue to support the working capital requirement of the Company until the end of April 2020. As a result of this, as previously announced, the Board is seeking to secure alternative funding in the near future which may or may not be forthcoming.

Note "seeking to secure alternative funding" - I read alternative as meaning not Midcap.

I have high hopes for my investment here, but I do not like blinkered positivity or recommendations of "strong buy" in highly risky situations.

Hi Scarlett, I am not making any claims, just raising my concerns around the risks here.

I would respectfully also suggest that the market doesn't seem to agree that having concerns around funding is being dramatic - hence the incredibly low Mcap we are now sitting at.

I haven't raised my concerns with the directors as I'd expect them to share any information on funding via an RNS.

Best wishes.

I don't think many would agree that this is a strong buy whilst we desperately need news of how the company is going to continue to exist as a publicly listed entity.

Of course the ip is fantastic, the risk here is that the company will be made insolvent and the ip transferred to private hands as is all too common on AIM - the pi pays for all the hard work and is then robbed at the last hurdle.

As I have stated previously I want to see a placing done asap then I'll be happy that pi's aren't about to get shafted here.

B2 please state clearly what you mean, in particular what you mean regarding the elephant in the room and what you mean by cv.
I appreciate your postings.
Many thanks.
Bertie.

It was the corporate update with the reiteration of the need for funding which drove us down from 1.7 to low 1's. (The cyber attack then added to the down trend.)

I agree that once funding news is sorted we should start to move up.

Best wishes.

Should be a good buy in the 40's - once they've shaken the knackers out of every bit of hot money.

Think you're three 0's out with your calculation TruthSearcher - try 125 times.

The only reason we are still trading at this ridiculously cheap price is that the market is expecting a fund raise at 1p, once that fund raise is done we’ll be trading much higher within a matter of weeks. Hold onto your shares and expect double figures here medium term.

I know where you’re coming from.
This looks like gold dust compared to most of the drilling a hole in the ground and hoping for the best companies I’ve chased over the years.

Mark - sensible man - not becoming part of the churn making someone else rich :)

Trx is liquid, hundreds of millions of shares have been traded over the last few months.

Seems a very strange way of doing things or maybe I'm just used to the usual AIM pump and dump placings!