Member Info for bloodninja

Disaster of a share

Sell at 300p, they obviously see it differently

I do enjoy observing IG's relaxed responses to the grief that is thrown his way! Fair play. I do enjoy a good wind up when someone is ultra bullish on a share and it keeps going down, I think people's frustrations come from the 'broken clock right twice a day' notion - if you keep saying it will go up it probably will at some point. The issue is ramping on a spike day(s) in the AIM market seems to get people hyped up and in my experience buying an AIM stock on a spike is rarely a successful move (some exceptions, WEBIS aaages ago flew up for about 2 or 3 days consistently, then eventually came crashing back down). No real point to this post, just some thoughts

BN

Company dead as far as I'm concerned, however the court case remains live as far as I can tell, that is the only thing that's going to drive near term S/H value here

The lesson here when only one person is ramping the hell out of something and every1 else is questioning it, AND the SP is in decline, don't get suckered in! Only a 78% rise required to breakeven for folks that bought in on the recent spike to 535p.

Taking chips off the table, very wise. This is going to be the pattern in my opinion, get in when it dwindles down and take profit when next IPOs/investments are announced as the SP will inevitably rise on such news.

Long term holders taking profit, and buying on a huge blue day is usually a mistake (it certainly has been for me historically!). Wait for the retrace and get back in, this has plenty more investments in the pipeline it seems which should yield some impressive value growth.

Definitely on its way, 300p is looking pretty weak currently

300p on bid currently, have to admire IG's solo optimism. 2000p easily doable in an extremely short space of time: 10 to 1 consolidation to 3000p and steady decline to 2000p in a matter of weeks probably only days.

Lithium play confirmed, additional £1.5m value estimated excluding value from warrants

Agreed, awful company and SP performance. Now that ZBNI is offloaded what else does this company have going for it to create increased shareholder value from current level? The ZBNI is clearly not worth what the ramping crew made out here, as the perpetually freefalling SP reflects

Bye bye 300p, just about to crumble, what an awful investment for those sucked in at 500p odd! Only a 70% rise needed to breakeven now.

Is IDE going bust? Entering cash shell territory here at this price point. Clearly management useless and not doing anything, maybe applying for cash shell status best way to see some S/H return here.

This company has no real business whatsoever that warrants a £3m market cap, certainly not a higher market cap than that. At cash shell level now and this team aren't achieving anything, scrap plans and formalise as shell best course for any meaning SP movement.

Huge sell at 1.66, represents 0.9% of the market cap in one transaction.

As predicted, slow decline back to 200-300 range. Might even see new all time lows at this rate. Chart primed for a potential H&S, could provide a great opp to get out of this if it happens.

Perpetual decline it seems

Hope not too many suckered in at the 500+ level by wishful thinking ramping crew too

As expected 390 now on bid, next prediction is a slow decline back to 250-300 range. ZBNI deal underwhelming at best.

All the while URU SP is declining, 405p on bid, looks like 400p ready to fall as well. Disappointing outcome for what was supposed to be a transformative deal (any value to come should be priced in by now so not overly confident here)