Member Info for Burt777

Well this has given me a good laugh , Is it a wind up !!! The only reason PYC exists is because the directors involved have vast experience and industry knowledge and add credibility along with existing relationships with pharma

These muppets are talking about replacing all that and what do they offer ? The new guy seems to have an Ego and a half to do what he’s doing. How on earth will he run this company and why would anyone deal with him ? It’s like Donald trump taking over my two hospitality businesses and realising he’s needed on the pot wash.

I’m going to inject a bit of realism here , I actually think the board could do with a money person on the board but to replace them all ? They have actually done a good job controlling costs and trying their hardest to develop new business.

Raising 400-500 K a year is peanuts for a company with a growth model and for AIM

The issue is they haven’t quite managed to forge a viable business and that’s not through want of trying.

Simply put if you put these clueless individuals in charge contacts will dry up and the company will wind up gone , these guys have zero experience in this field and think they are big shots , they are not , The smartest thing you can do right now is sell out into their bluster and ramping. Because this is over from here if they get in.

Take it all back just researching Mike , seems to have a bit about him

But still think he’s having fun ! Defo can see now why it’s got a Little pump , only takes beer money to achieve 0.50

Be interesting to see if he gets a higher raise I doubt it.

Think he’s miscalculated and chasing

He might get stung here

The company needs money end of and to stop them raising is shooting yourselves in the foot as it will cease to become a going concern

What’s quite clear is they give no cares about shareholders here , they have no skin in the game and are only interested in salaries.

You can only spin the raising for growth story so many times

Peter would not of left if he saw a future

I left when he did regardless.

Shareholder revolts never end well , not in tiny companies anyway.

0.30 was a lot better result than I thought

I was convinced it would be 0.25

Without the major shareholder it would have been.

Interesting what’s going on here but in reality these big holders are not actually having to put that much in.

PYC prob have around 200K at best in funds maybe less , I can bet they put out a risk as a going concern RNS

Those blocking this raise if successful are very foolish

I can bet this will be at 0.20 if the raise fails and I think the major shareholder is calling this very wrong !

Unless he’s prepared to underwrite the placing at 0.40

Which if he is with his pals is something that is possible as it’s such a low amount

It’s actually very possible

Still think it will end up back firing on them , like I say why not underwrite it all themselves if they are such big shots !!

If they do well meant to read

Was a good idea but needs so much cash , I decided I’d be diluted away even if they do sell , but I might be back once they have raised money , not looking good at this junction , they need good numbers , it could go down in flames very fast.

Yer I made a fortune on HZM , but started at GGP famously I made lots there when me and Stuart Beetham were in front the beginning , RMM I made a lot and then lost a lot on it

Goldstone I doubled up but ended up losing on that.

Shanta I did well

My main mistake was HUM I bottled an arbitrage opportunity I had to disclose my position then I bottled it when I thought I’d lose the lot

I then bottled FAB and would of made half a million there if kept the position

In annoyance at myself I made a poor decision here chasing.

I got to clever for my own good jn the end and ultimately my strategy failed.

But I’ll be back with a new sensible strategy in a few years

Good luck here if i your in !

Yes been quite transparent in my loss’s Laura

Also not giving advice expressing opinion.

Like I say I’m doing quite nicely Since moving away from stocks

My wealth is 600K higher

Had I not altered course and made investments away from AIM I’d of been throwing good money after bad.

The money I’ve gambled here and MPal was a tax write off

A free gamble off the government through SIPP contributions

As you know I’ve now found better safer returns in commercial property and gold/silver

Very happy with my decisions over all the year as net 470K up investment wise

Gambles a relative to disposable income.

I still think 0.30 is a decent entry / punt for new investors willing to gamble ….

However my central point is whoever is buying this level is nuts however some would say a million market cap with half a million cash is why it’s up.

But watch as the placing shares get flipped down to 0.30

I lost hardly anything on MPAL by my standards !

I love a gamble ! It’s why I’m rich as high risk tolerances !!

A small win in my brain today as I like been right when I sell a stock

I knew they would be back at 0.30 or lower

Leave you in peace rambling

Meant to mean when manners took over !

It is funny and so counter initiative !

That said it’s only 50 grand thrown in and that will soon be capitalised on by the placing flippers

Good luck to anyone sensible waiting for the guaranteed 0.31 to buy zone

I won’t be participating even if I see 0.10P

Done gambling on AIM

I even lost another 25K on another punt !

I’ll wait now for the likely stock market crash and stay in gold and silver.

Then when bloods on the streets I’ll be investing in actual companies making profits at low valuations.

For now I don’t miss it all and so glad I bought the building and gold and silver , best decisions I’ve made ever …. Hard assets win out in what’s coming.

Everyone loves a gamble though !!

Well done on SML trout I was to stubborn to re-invest but should of even manners took over

By the way I am Djryan777 of old but you prob knew that !! It’s been a wild ride over the years , made a million on AIM and lost it

But like I say in the grand scheme of things had fun and learnt a lot for the future when I’ll invest sensibly and with risk controls in large companies when it all crashes!

Even then it will only be a way of getting money out of my companies to save tax so a case of may as well.

Absolutely agree , and those shares will be forward sold into this rise most likely , id go a step further and call anyone buying today at over 0.33 mentally deranged. Bonkers !!!! Clearly don’t understand placings on AIM

I say bailed me out but as stated PYC spare money , by the terminology ‘bailed me out’ I mean it makes PYC loss’s look like pocket change.

I still think PYC has a chance at this Market cap or the new 0.30

But the odds are getting smaller and smaller as the years roll on.

Quite weird people are buying into a 0.30 placing quite heavily to the point it’s over into the 40’s

Given the placing money will be flipped it’s only allowing placing money out when they prob only expected 0.33 max

So whoever is buying today is a little impatient.

Don’t blame anyone for punting the new 0.30 level for a year

But wow you’ve got to be stupid to buy in the market today as it’s a certainty it will be 0.30 soon.

That said I can’t say much i absolutely was stupid investing in this in the first place

Luckily for me gold and silver bailed me out

I’ve made a lot of money out of that , far exceeds my loss’s here

So a case of you win some you lose some and good luck here.

But for god sake don’t be stupid buying at anything over 0.33P as it will revisit 0.30 that’s my advice watching and investing in AIM over 15 years

Still no sign of February numbers , that’s the problem here growth has stalled and it’s my belief that all promising it’s going to need more money and the placing is coming

Oh dear same old story , wishing you all some luck here.

My take is the classic over expand to fast , they had to go for growth , 10% growth last month sadly people see a slowing rate and a high cash burn (4 mil loss) stock needed and now the chairman steps down , plus where are the February numbers ? Has growth evaporated ? Only explanation they are not released is they are poor , they are technically withholding market sensitive news which is spooking the market even further.

They will need to raise money that’s what the markets pricing.

Looks like another story of been diluted away for me.

March numbers must be due and someone cleary has lost faith but it’s every illiquid and a general risk off market. Would not bet against a 50% move up if numbers are half decent

5P ATM facility should have been the floor for now , it’s all irrelevant the SP for now as can move fast on any news

Bizarre pullback on no news

I thought at 5.25P I was getting a good top up

Whoever is selling this price must be distressed or they think bad news is coming , given I’ve only seen good news here I think this can easily pull back 100% on good news flow. Just Market sentiment issue at min.

That said I won’t be investing anymore and luckily kept to 50K stake

Lost half now , looks like the company is been priced for a placing around 3P to raise cash

Hopefully unfounded but would not surprise me

Clearly someone accumulating but ATM shares seem to be churning, hopefully when the seller stops this moves up