RE: Suppliers Day Sneak Peak29 May 2025 16:09
Elrico, I'm new to SBTX, and more of a TA trader historically, but been more and more interested in fundamentals over the last half decade or so because I believe its an advantage to be across both.
I'm new to SBTX this year, and started to learn more as I did trade OPTI first and became aware of the connection.
I'm not new to NDA's though, as I've held/traded other company's that have used them.
I have no reason to disbelieve what you're saying as I'm still building a picture of whats going on...thats why I said feel free to correct me.
Looking over the RNS's I could not find an exact moment where they said Zenakine was subject to a direct NDA with Croda, although I think I saw one line where there may have been a time that Zenakine itself was subject to NDA, maybe you could confirm or explain why I'm wrong about that aswell.
I sold OPTI and moved in to SBTX because the indicators on the chart suggested it was a better position for a bounce...besides, I had bought them at 15p and watched them go to a high of 21p before falling back. I wasn't prepared to take any less than a 20% profit so I sold just above 18p.....a good decision as its turned out.
All the indicators suggested this was a good buy between 19p - 20p, so I've been trying to find out why it hasn't bounced already considering the Croda launch and the positivity that surrounds its potential.
There doesn't seem to be any signs of a selloff either at this level, so I'm just watching like a shytehouse spider for any signs of a move either way!
Happy to be educated or enlightened about the DNA of the company (see what I did there).