Member Info for bonga

It seems there are some desperate sellers around today. This is one of the best poised companies I have ever seen to reach unicorn status. A key factor is the excellent and frequent communication from the company. Obviously, the products and the market are very attractive as well. Anyone looking to make some serious money will be holding or buying.

GLA

It seems there are some desperate sellers around today. This is one of the best poised companies I have ever seen to reach unicorn status. A key factor is the excellent and frequent communication from the company. Obviously, the products and the market are very attractive as well. Anyone looking to make some serious money will be holding or buying.

GLA

Good to see that they’re prepared for an immediate launch on approval. Really not messing about. Total professionalism.

GLA

Well, if you look at the company’s revenues which have been increasing month on month, I would say that the long term prospects are pretty good. If the weight loss pills get approved in the UK which they probably will as there is a desperate need to reduce obesity rates, then this stands to go through the roof. Either way, I’m convinced that is is a one-way bet.

GLA

Big top up for me today. This is going to go crazy soon

GLA

It could mean all sorts of things. It’s dubious comments such as this that affect share prices. Stick to facts, not speculation.

I missed the webinar but would love to know what was said that was so terrible that people are suddenly bailing out?

The fund announced yesterday is probably not relevant to ALRT but is aimed at picking up early stage innovation. This is a part of the Government’s innovation strategy to invest in early stage start ups rather than just throw grant money at them. It was never going to be relevant to ALRT. The potential for ALRT for contracts either directly with the MOD or indirectly through much larger defence companies is, however, enormous.

Annual Recurring Revenue - how subscription business models are measured.

Now we have a potential £300m ARR from the app as well. This will get noticed very soon and then the sky's the limit.

Great to hear sovereign AI mentioned in the budget - right up ALRT's street.

Interesting that the UX designer role requires security clearance which suggests that they would be working client side for some of the time. MOD would require security clearance!

There's some debate and, likely, a little anxiety over the AI bubble suddenly bursting. That may well have an initial impact on the likes of ALRT and others in a similar space. However, there's a big difference between the generic popular AI stuff like ChatGPT etc and the likes of ALRT and others who are developing solution-specific AI solutions. The more generic stuff is little more than LLM which frequently returns erratic results in that it is only as good as the information it has. Specifically trained AI however, is another matter altogether and that's where the serious long-term future lies, especially in areas such as defence, medical diagnosis and drugs development.

GLA

Oh look, panic selling. The entire market has seen a downward trend this week in part down to RR’s reassuring speech yesterday. Do not forget that defence spending is on the up so ALRT should have a degree of immunity from other factors. GLA

I was just about to post this. Good that they're talking to QinetiQ. Hopefully some of the other big defence companies as well. All good if they are unable for any reason to get a direct contract with the MOD. The opportunity here is excellent.

I believe they're attending some sort of demo day with NATO in the very near future. Not sure of NATO's cross-border procurement policies, you'd need to look that up. The immediate concern is to get DH on to the current £180m MOD framework. It's quite possible that NATO runs similar frameworks. Once a company is on, it's no absolute guarantee of a sale but it does mean that the company is effectively an open shop for the managing organisation of the framework. With the interest garnered to date, it's just really a matte of time. In the event that DH is not invited on to the framework, well, Whitespace may be. If neither are, it still does not preclude a sale to the MOD but might mean it takes a little longer. DYOR

@spud444 - Guess it's to do with trading volume because so many people are holding

All the more reason for the price to be going up and not down. There's definitely some manipulation going on here, typical of MMs behaviour with small caps. With the balance of buys vs sells, this should be going up 10% per day and not the reverse. GLA

A great article summarising who brings what to the table: https://aidefencejournal.com/news/breaking-news/whitespace-google-and-defence-holdings-plc-partner-to-operationalise-the-uks-information-advantage

Excellent article

HL are fine.