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Adding down here, looks to be at lower side of a long term trend and looking oversold. Perhaps a bit of rotation into defensive stocks on the horizon.

Yep, good luck everyone, I sold in two halves this morning. Had high hopes but no longer trust the management or future of this as a listed entity. Taken a 60% haircut on what should have been a no brainer. Lesson learned, don't p155 into the AIM wind, it often ends this way. Will reinvest what I have left into a critical minerals ETF.

I love how management has taken so long to get it's house in order that we're probably now relisting into a sharp drop in the markets.

Very low volume behind the move down. Don't think people will sell now unless they need to cover other losses.

The term derampers getting thrown around like there is any value left to deramp. I want this to rebound as much as the next person, and I also want answers, it's what is owed to those who put up their cash to support the company.

Unreal. They are deleting comments on the LinkedIn post asking about TM1.

You know what to do

https://www.linkedin.com/posts/recyclus-group_batteryrecycling-cleantech-circulareconomy-activity-7434867572392566784-WnJw?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAABTjusgBJokk-2kpj7jv-vnlw-2ZVOwQryw&utm_campaign=copy_link

See linkedin, again, for communication.

BOD - clarification on what you intend to do with TM needed already. You have taken the p155 here and I'm sure shareholders here could put out warning to future investors as to how management behaves if you keep refusing to engage.

https://www.crowdcube.com/early-access/recyclusgroup

"if companies house fails to get a response from the company after sending two letters, they will publish their first strike off notice in the gazette. this notice declares that the company has two months before it is struck off and ceases to exist as an official company."

yes, it's serious, but i think the company also did this last time around the block and kept going. it's not irretrievable, but it does require that they sort their **** out now and file all the proper accounts.

what is certain is that the management have taken investors for mugs here. outrageous that there has been zero communication about the state of play and all we see is endless linkedin posts about recyclus. it really feels like tm1 has just been a vehicle to funnel money.

major questions to be answered.

"if companies house fails to get a response from the company after sending two letters, they will publish their first strike off notice in the gazette. this notice declares that the company has two months before it is struck off and ceases to exist as an official company."

yes, it's serious, but i think the company also did this last time around the block and kept going. it's not irretrievable, but it does require that they sort their **** out now and file all the proper accounts.

what is certain is that the management have taken investors for mugs here. outrageous that there has been zero communication about the state of play and all we see is endless linkedin posts about recyclus. it really feels like tm1 has just been a vehicle to funnel money.

major questions to be answered.

Agreed, crap end to the day after a bit of hope mid day. I really hope historic gap at 330-340 isn't going to be in play. Would much prefer to see it from a base around 400.

Fair point. It's easier to be closer to being right the second time, assuming that 400 holds. I bought first on last results, admittedly in part down to the dividend announcement, which in hindsight was too good to be worthwhile.

Said a few weeks ago that 400 or so was inevitable on this drop and a few disagreed. I added at 404 ish this morning. There is a final gap at 330 from all the way back in 2017 that I hope we don't get anywhere near. That would defy logic, but then again we are living in changed times.

Wondering if a buyout offer will come. This is mega cheap now.

Finished the day strongly. If you bought relatively recently you'll be alright.

Around 400 or just above will be my next buy. I'd prefer not to, but the market as a whole looks ready for a haircut so expecting the opportunity in the next few weeks.

Agree, they need to get moving - the rotation of of the USA and into the UK (among others) seems to have picked up pace and the AIM index is even one of the fast growing all of a sudden (Greatland effect maybe).

Given the nature of this business, it needs to get relisted ASAP because stocks like this are flying elsewhere.

This dip was obviously going to happen sooner or later. Personally I've been waiting for it in order to add more. This company is an investor's dream nowadays.

IG has just cut it's fees from £24 a quarter custody fee to nothing. Overall I find them to be very good, albeit with some quirks.

By the way, anyone noticed the pattern that keeps repeating here? Gap up, curved dip through the day then gap up again next day. Interesting one for any traders who may have spotted it repeat.

It's maddening to see Robin etc posting all over linkedin about Recyclus but never mentioning TM1. Absolutely shambolic treatment of shareholders and we should all let them know.

Do we know yet what the two lumps of £50 million were? No TR1 yet, so is it GDX?

What was that just now? IG showing a massive volume candle around 12.37 and over 10M in one go.