Member Info for BodRuncie

Some fairly chunky sells now being reported.

MMs dropped the price to work these through. It's usually the case, though us punter PIs don't get to see it and just think it's dodgy MMs.

If price is dropping, it's because there is more selling pressure than buying. Doesn't matter if we can't see it.

Bagzzz owns shares in HEX, don't worry about him.

He's just having a giggle at nervous PIs while we wait to get rich :)

Play with him if you want, ignore him if you don't!

Several UK investors are proving themselves to be short-sighted idiots :)

Well, when you put it like that...! lol

Even at new ATHs, MKA is still cheap :)

Supply and demand for helium will always work in HEX's favour.

No new helium is being created on Earth (i don't fancy mining on the Sun), and applications that require helium are growing.

HEX are in the right place at the right time. How this is still under 30p (let alone 50p) is baffling.

Glad to know there are fellow Tolkein fans here :)

Hi Bonker,

I'm interested in your posts. Would you might expanding a little on what you mean by "The split central channel"?

I'm always keen to learn more!

As long as it's helium!!!

@osebo, I would be very interested to know the bod's response, if you wouldn't mind sharing it when you receive it?

He's so full of crap. Wasn't very long ago he was pumping a load of high street guff like The Works and Watches of Switzerland. I quickly stopped listening to any stocks he pushes.

Doesn't mean BOOM won't be successful. A stopped clock and all that...

The problem with companies (like APTA) that release many updates and provide investor webinars (on both the business side and the scientific side,), is that it attracts a kind of nervous PI who acclimatises to the frequent news flow and ends up needing more and more frequent updates with bigger and bigger numbers or else they panic.

Take a look at the RNSs released by APTA over the past few months. There are loads of them. Interims, Trading Updates, Investor Webinars, PDMR share purchases. APTA are active on twitter, not just the company account, but also Arron and Adam's personal accounts.

There is a lot of news flow and updates and information. The average PI is much better informed as to APTA's past, present progress and future potential than in any other company I am invested in.

In September we have already had a research agreement, a PDMR share purchase and a new contract.

In August, we had a Technical Investor Webinar, contract extension, an update on licensing and development progress and a new service launch.

In July, we had a business update to accompany the placing, we were informed non-execs are going to take payment in shares rather than cash, additional work commission by Unilever (Additional work! From Unilever ffs!), a Trading Update and an Investor Webinar.

If anyone thinks APTA needs to release more frequent updates, please let me know a company that releases more (and better quality) info than APTA.

APTA don't need to hold our hands and provide reassurances to the market every week just to pacify nervous PIs.

Do you want APTA to work fulltime on reassuring the market, or do you want them to actually get on with their jobs?

If all of this frequent and voluminous information, on both the business and the scientific side of the company, isn't enough for you, maybe this isn't the right share to hold if you want peace of mind and an easy night's sleep.

I have a feeling the only game the next RNS will change will be the September Rost deadline will become the October Rost deadline :)

Freddie, just relax. I can feel your panic.

APTA is fine. It'll happen when it happens :)

And a v large (and growing) cash pile for potential M&A.

That doesn't mean that there are 25 individual people, who collectively own 85.24% of ITX.

Most of those "shareholders" are share platforms, where thousands of people own shares.

A more useful measure is Itaconix's own webpage:

https://itaconix.com/investors/share-information

They state that 24.9% of shares are not in public hands, which gives a better idea of the kind of free float that can move the share price.

@jusdeezerts,

How are you calculating that 25 shareholders own 84.25% of ITX shares?

PIs totally misread this one. After reading the RNS this morning I was kicking myself for not buying more this week. A very canny Chair, Richard Bernstein, with an incredibly well-connected BOD. Bernstein wouldn't announce the plans for relisting if they weren't already well advanced. Just feel the enthusiasm in the RNS. It's the confidence of a man who knows what lies ahead and is sharing the tip of the iceberg.

Any raise will be at 20p minimum, the fact anyone is selling under this price is silly. Most likely the raise will be at a premium along with the relisting and a transformed company, inviting those with deep pockets in on the ride as well.

I bought more today, while other PIs saw "delisting" in the RNS and panicked.

Yeah, i think the recent price action is a referendum from PIs on the slow and incremental progress.

But the irony is that by selling down to these levels, it actually improves the risk/reward/returns profile of the company as an investment.

If a PI sells out from 130p, because they think the sp will be moribund for the next 6 months, then it's a 20% return to get back to 130p. 130p within 6-12 months is quite reasonable. A 20% return per annum would put an investor in the top bracket of fund manager performance!

Sure, the sp won't multibag in the next 5 months, whereas there are other more exciting and dynamic companies that could do, so there is an opportunity cost to take into consideration. And I reckon most PIs selling now are probably keeping ITX on their watchlist to buy back in closer to the next set of results.

But 20% p.a. represents a great risk/reward. The company doesn't need to raise capital, so there's no risk of a discounted placing.

Wait until this dip bottoms out, but it most likely will represent the best time to buy ITX, a company on the cusp of profitability. Why do most PIs lose money on the stock market? They don't have patience and like to chase the exciting shiny stocks.

The main problem with ITX is the relative lack of newsflow. They don't really RNS big contract wins because most revenue gains come from increased orders from current customers.

This means that investors don't get to see under the hood until HY or FY results. Even though progress is now being made, investors probably don't see much chance for newsflow until the next set of results, so the share price is unlikely to rise a huge amount without news, and so any money invested in ITX is probably "dead money" until then.

PIs see the opportunity cost of continuing to hold ITX and move on.

The company is gaining traction, slowly, and will more than likely represent a good investment if buying at today's prices, but patience is needed.

ITX is improving, but slow progress and patience doesn't excite the herd so they move on.

P.s. iirc the low-margin big customer that ITX dropped represented about 5% margin, and they were resistant to price increases as ITX themselves faced rising costs.

Yes, the BioAsterix comment from Laura was in reference to next HY period.