Member Info for Camkite

Tasty boys and girls.. this looks like the start of a solid re rate...

Lets hope they sort out an American listing and VC coming on board and we'll be headed to £1.

Bid 330k down to 6p
Ask 120k up to 8p

If you look at the DMA order book you will see what I mean... the bid is stacked and constantly getting a higher bid with bigger orders.. the ask is drying up.

Price action is as important as fundamentals as it is the first signal of what the market anticipates, even before the chart.

A few more pi's get their head around the story here and the likelihood of positive developments then it'll rise to 9p before news.

4Corners

If supply dries up.. the price rises... price fell back on Friday because the supply increased. Stocks do rise if undervalued, this could easily go to 9/10p before news lands especially for anyone who has done their homework.

lol

Have been waiting for a decent pullback... sure enough its kept going higher.

Took some BMV

Looks like the ask has finally dried up... a little bit more interest and this should start to move up imo.

Lets hope we get an early positive news release.

rhodi - You are more than welcome to change your view...

I cant ever understand why people remain fixed on their views when every situation is always evolving... I might think a co is the best on the market on a Monday and not want to touch it with a barge pole on a Friday.

Anything else would be futile.

Again - imo they should sell the technology and the patents rather than trying to enter into a fairly dominated space... companies with one product will always fail to hit sales against established companies with a huge ranges.

IMO screw the faff - sell the tech and put some money in the bank for aa change ready to put into more investments or Guident.

SS17 - I think you are tripping out if you think it will ever be worth $1b

Go and look at the competitors & some of the biggest players in the oxygen market and their market valuations against their product offerings...

How much money do you think is going to be needed to bring it to market ?

What kind of margins do you think it will be working in ?

With respect... in your own words "the medical portable O2 market is expected to grow from $1.6bn in 2018 to US $2.4bn by 2025"

If the oxygen market is going to be worth $2.5b ho on earth could you ever think one product against many competitors will be worth $1b ???

It's lighter than some of the competition but only by about quarter of a block of butter !

icemax - it makes more sense if you take the whole paragraph rather than just the bit that suits what you're trying to say

the Company's cash balance is $12.5 million. These funds held will be applied toward satisfying final payments relating to Perseverance #1 as the drilling programme is concluded, progressing the Company's work programs in Trinidad and Tobago and Suriname over coming months, and general working capital purposes.



Completion of the Perseverance #1 well will trigger potential funding points under the Company's existing funding facilities, specifically (i) the ability of the investors under the Company's conditional fixed-conversion price senior secured convertible loan notes financing facility to subscribe for up £12 million of additional notes (pre fees and expenses), and (ii) the investor under the facility announced by the Company on 14 December 2020 (as amended) to exercise a call option (the "Call") to subscribe for 187.5 million shares at 2p per share, which, if exercised, would see inflows of a further £3.75 million (pre fees and expenses). The Company will be discussing with both investors in the coming days and will advise shareholders accordingly of the outcome of those discussions.

They still have £12.5m in cash

Took BPC at 0.59

Doubt it Seamus, they never do anything... but they cant say updating the market and then not do so.

I took some at 0.59 ... it hasn't been lower in 5 years and they still have $12.5m in cash and other opperations.

Hate to say it but that BPC outcome was bloody obvious.

Mark give it till Thursday & if we haven't heard anything FCA it.

SS17 - Yes I agree I would say TEK % will be worth around £15-20m once its listed...

Still doubles the share price from here.

Dude.

Don't even worry about it. don't let it bother "us". Money comes and goes, its replaceable.. do we want to sit here worrying about the past or outcome ?

£1000 challenge

It's entertainment... how much can you turn £1000 into on the stock market... who cares about the money, its worthless, meaningless, couldn't care less if you're worth £50 or $600000 if your a legend you're a legend.

Challenge on!!

£1000 challenge !

Lets do it. 25% goes to charity!!

https://youtu.be/6SFNW5F8K9Y