Tbh, it's a no-brainer from where I view this company. As far as I'm concerned funding will be sorted and the opportunity to scale in funding from other sources other than a placing are much higher with TRX. Placing will be their utter last resort, BUT I personally don't see that scenario coming into play.
TRX, in-terms of growth and strategy and the business they're into has exponential growth, and I expect the company to have this funding sorted before end of March.. forget April. Any good company will already making headway to sort a better means of funding before the time is up, and on top of that they know how to cut costs and trim losses where needed to make the cash last as shown from last RNS.
Personally I can see the company trading into the 7-10p range very soon, all IMHO, but i'm sure most here will agree as I'm talking from a fundamentals point of view rather than an outright ramp. GLA
Placing??? lolol? THERE'S NO PLACING!! Plucking these figures from thin air lolol... how the derampers like Flava come into the scene to start rumours lol EXCELLENT RNS, and like SmokinJoe said... funded till end of April now rather than end of March, shows how these guys can control expenditure and will realise profitability very soon...
Also Yes I also picked up on the 3rd shift, wow! These products are in Big demand.. Everything is beautiful here, they will source funding by other means easily because this is an escalating business!
Yes they're selling for their own personal finances, if there was a problem with BLOE then other major II's would also be selling to recoup.... and they're not! Infact I would'nt be surprised that BLOE are letting them reach a certain point declared, WHICH maybe todays RNS before they declare any good news so that BLOE can rise without GOG selling into a good rise. All good here!
Of course as you can see the derampers have crawled out from under their rocks.. who hid themselves during the rise over the last two days!
Clearly you're a noob... because some of us have been at GGP and been let down a number of occasion. They'll keep u interested for a while until you realise jack'all will happen! Good luck...I'd rather be in an actual profit producing company with a big future ahead of it from this very point!
RE: Bounce back tommorow & expected TR1 soon15 Jan 2020 22:27
All I know is that if that 9 MIL buy is an individual .. then either he/she has insider knowledge of what's about to come or has massive cahoonas, (not sure how that would relate to a woman), but it explains the price action especially the drop today to get that order filled. If an institutional buyer, then there will be more lumps to come!
Aaah the Dogs don't bother me tbh... the company speaks for itself, regardless what the fools think, they're not invested and have a simple agenda. It's a daytime job for the hyenas to spring doubt in investors minds.. but I've invested on facts and they're simple facts... Gas, Plan and medium term play.
Every bb has keyboard warriors and that separation from us true investors via cable is their only defence.
I hear you Bill, we can only go on the research we do... For me woody pulled out of many companies due to their own personal reasons, and not due to the company, (TRX), personally. TRX, it self is a growing company who's products are in demand and in an arena where growth is exponential. I can only base this on the facts.. people have done their own due diligence, of which I've followed up, in terms of products and marketplace .. and tbh I can TRX going from strength to strength.
Nope ...with respect I disagree, there was definitive downward pressure from large seller over last few weeks and before...this initiated the whole sp downwards and it was Woodford, now they're done and we're awaiting RNS of a TR1..simples. AS for the undervalued...THAT we can both agree on!