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Looking forward to the buyer turning up. Fells like they might start to let this go.
IMO
Some people will have been almost completely wiped out over the last few years. They will resent new buyers making money at this level. I can sympathise to an extent.Then there’s the uninvested scum hoping for a lower price.
The fact that we are paying artisan miners to hand sort and bag up ore for our plant rather than using our own material! Then George reports it as an uplift in percentages going through until he is asked directly and has to come clean. It would really be quite funny it I - and others - were not invested.
You need to look at the trade prices, a few of the large blue trades were sells.
Lots of selling in the background. Looks like the placing shares are not all in sticky hands as per usual there going to be a churn before this moves up. Looks like 300m sold through today. How many of the 2bn are sticky? Might be another day of churn tomorrow with the serious jump next week.
Https://x.com/ecoatlantic_og/status/1783447393981059332?s=46&t=tlq1Bm3_53631l-uJoA5lQ
The buying has been strong for days, if this continues we might see much bigger jumps in share price as the supply gets squeezed. Why would you sell now? I emailed the company but didn’t get much back other than still in talks with IOCs.
I’ve never seen such strong consistent buying move the share price up so slowly.
Didn’t we have a pension fund take 3% 🙂
“The net proceeds of the Placing will be used to provide the Company with funds to invest in Wyld Networks, through the exercise of warrants held by the Company, and to invest further in one or more of Tern's portfolio companies and for general corporate purposes. Further announcements will be made by the Company in due course as appropriate.”
From the wording they seem to have atleast one specific investment in mind other than Wyld.
Good to see we have people on the board waiting to buy 👍
LOL we've just raised £400k and we have £3m loan facility of which only £500k is drawn. The current interest is £5,000 per month.
Wouldn’t be surprised to see a business update tomorrow.
Seeing more of this one about so probably paid for with a fund raising coming
What they are forgetting is the company doesn’t r its to cure cancer (would be nice though) it exists to generate value for its owners. When you start losing 50 60 70% of value then you have to have a change of perspective. We aren’t the only company working in this area.
Yes there were the inevitable sells on open. I assumed I’d be able to get in cheap this morning, now just needs that 100% rise. May see a business update RNS faily shortly.
Don’t see why this shouldn’t be over £100m mcap with another farm out.
Doubled up at 0.094 🤞
The debt repayments are the big issue now. Everything else seems to be moving forward, slowly. Was it $70m due this year? Should get pushed back but would have been nice to have some sort of update on this.