focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Fakey - there was no one stopping getting out
you are thinking of dave aka the horse whisperer...who was prevented by FBI/CIA/KNIGHTS TEMPLAR / AVON LADIES / EMR
I stayed in cos I believed the company and rampers on here like you
Thought i would just bump this thread - if any newbies want to read on what tests cnsl offer and how they are not recommended by majority of scientists in field
Read the contract - and educate yourself
Funny atan - i was going to do a similar thread and call it "facts" to counteract the nonsense and lies that has filled this board all week
you beat me to it - and did much better than i could have. though i was going to add about cnsl denial of a takeover bid and also the product line being contentious - not recoimmended by the majority of scientists in the field.
also the failure of the company in usa - but still claiming it as its main target market
great work
So no evidence to show that £3.8m woud remain.
ONLY THE LAST UPDATE VIA RNS WHICH SAID THEY WERE ON TRACK WITH THEIR FORECAST
I'm going for £4m+ still.
BASED ON WHAT - YOUR IMAGINATION? WISHFUL THINKING.
LIKE YOUR HORSE HUNCHES THAT SEEM TO ALWAYS LOSE.
Movement in share price suggests news to show this or governmemt dispute going in companies favour or 7 figure counterclaim for company.
NO MOVEMENT IS BECAUSE THEY ARE A HANDFUL MORE TRADES ON AN ILLIQUID STOCK...1.6% INCREASE -DOES NOT SUPPORT ANYTHING YOU SAY
So £4m+ +7 figure settlement =between £5m and £14.3m. See how much better and more likely these figures turn out to be.
THE PROBABIKITY IS THAT THEY WILL HAVE TO PAY BACK ALL THE CASH NOT GET MORE OF HARD ERANED TAX PAYER MONEY . A CONTRACT IS A CONTRACT. PRE PRODUCTION PAYMENT ALWAYS HAD TO BE PAID BACK.
IF CNSL THOUGHT THEY HAD A LEGITINATE CLAIM THEY WOULD BE TAKING THE GOV TO COURT
JUST A BLUFF TO TRY AND GET OUT OF PAYING BACK MONEY OWED
Great post tradesin - hit the nail on head
3.8m - cnsl cash forecast by the broker note
2.5m - the pre production payment that the gov are pursuing to be paid back
3.8 - 2.5 = 1.3
i am sure you realised it was a typo - i have repeated it often enough. you are not that stupid
"Perhaps cnsl waiting for the official approach from whoever is interested, too much buying here recently for something not to be about to break."
the largest volume of low level trades we had was 25 in one day....lets assume they were all buys (they weren't) that is hardly a buying frenzy,
this is a pump and dump.....
next trading update in first two weeks of april - i reckon.....if it is the same as last time then the result will be the same - sp down
Sorry typo on phone
£3.8m.
of course someone will prob say i "changed my mind"...no ..its a typo
"Same captain that said this was going to 1.25p"
what i said was that if cnsl have to pay the gov back the whole £2.5m - which i think there is a probability they will - a contract is a contract then the SP will go to 1.25p
do the maths - they forecast cash of £33.8m end of march. if they have to pay it all bacl ..leaves cash at £1.3m for a company who has had another (7 years in a row) loss making year. think about it
cnsl said they are counterclaiming £1m plus...it wont be more than £2m or they would say £2m plus!.
so we know it is between £1m and £2m
not £9.99m !!!..think about it
Erskine..look at the presentation. It is exactly what they said.
You are making stuff up which is why you have no evidence of anyone being interested.
You guys are just making stuff up..there are currently 13 trades on LSE showing...not huge interest...not being snapped up...etc etc
Atan has shown that with current accubio sales..cnsl are getting £40k per year with 3 years left. They will get nowhere near the £1m max
The company said they are looking to counterclaim over £1m ...this means between £1m and £2m ..closer to £1m
Not up to £9.99m
5-0 ..the company were asked about a takeover in the q and a .
They said no there was no interest
You can't just make stuff up.
If you have some proof that there is show it...you won't cos you haven't.
It is a very low level pump and dump
Stock is illiquid..which can make it trickier to buy...but if there was enough interest the mm would make a market and get stock.
There is not sufficient interest
Takeover target..really?
Company denied there was any interest.
Methinks you are making stuff up?
Or can you provide any proof of this ramping statement?
"All ready for another big day of buying at cnsl?"
1 trade showing as I write in LSE
"Minimal value for this business should be over 10p"
Rubbish.
The market sets the price ...do you think you know better than it? Or are you just ramping? To lure newbies in so that you can get out,
"booming sales,"
There really isnt..or they would not be making a loss for yet another year
s"even figure royalties"
Nope..on current sales they will get £40k a year for 3 years.
Not even getting close to the max payable of £1m
"and govt compensation expected,"
Mediation failed..probability is that gov will want all their money back.contract is a contract
"no wonder every day now chunky buys are appearing"
Couple of trades the other day of £5k and 10k.
As you say I had 150k at £1...do you really expect me to get excited by £10k gamble ?
", it is only a matter of time before we see 5p"
Rubbish. There are a gazillion shares to be dumped by bucket shop flippers who got trapped in last placing . They will be desperate to get out once over 4p
"In due course those broker notes offering target prices circa 10p a share will not look so far fetched."
Those targets of 10p were removed several notes ago. The broker notes are by cnsl own brokers and paid for by cnsl.
They couldn't even pay them to continue with the 10p forecast - it is so unbelievable .
Seems to me the share price is in uptrend
HAVE YOU HAD A LOOK AT THE CHART? DOWN 98% IS NOT AN UPTREND
with some reasonably chunky buys hitting the tape early this morning.
I WOULD SAY 2 DECENT TRADES - ONE BUY AND POSSIBLY ONE SELL CANCELLING IT OUT SOMEWHAT WHICH IS WHY ONLY 1.6% UP ON DAY. BUT THE SYSTEM MAKES IT IMPOSSIBLE TO KNOW FOR SURE
For what it is worth a well known chartist has a short term target price of 4p,
ZAK "BROKEN CLOCK" MIR GETS MORE WRONG THAN RIGHT. CHARTISM IS AN EXTREMELY CONTENTIOUS TOOL AS USING PAST DATA TO PREDICT FUTURE.
also interesting is CNSL seems to be attracting attention from a number of well known city commentators,
EVIDENCE? IS IT GOOD ATTENTION OR LIKE TOM W DESCRIBING IT AS A BASKET CASE?
it is only a matter of time before the share price reflects true value which is north of 10p a share.
NONSENSE. HOW CAN THE COMPANY WHO CAN'T MAKE A PROFIT BE VALUED AT 10P
Even at 10p a share the company would only be valued at £23.7m, if anyone is looking to bid the clock really is ticking down.
REALLY CLOCK TICKING? WHY WHAT IS GOING TO CAUSE THIS QUICK TURNAROUND IN FORTUNE ALL OF A SUDDEN
Wow the buying keeps coming,
NO MORE TRADES SHOWING SINCE THE LAST TIME YOU SAID THIS?
looks like the prediction of 4p by the end of this month is underway!
WHO PREDICTED THIS AND WHERE?
victory over the govt,
DISPUTE STILL IN PROGRESS - MEDIATION FAILED.
SO PROBABILITY IS GOVT WILL STILL BE PURSUING CNSL FOR HARD EARNED TAX PAYER CASH BACK
or just a badly undervalued share finding its true value, whatever the reason someone's buying big!
EVIDENCE?
NO TR1?
THERE IS WHAT LOOKS LIKE A £10K AND £5K BUY TODAY - THOUGH OBVIOUSLY CANT BE CERTAIN WITH SYSTEM..
THESE ARE NOT BIG...WE KNOW SOMEONE AMONGST US WHO HAD £150K WORTH ...LOL....
THAT MIGHT BE CONSIDERED BIG BUT NOT £5K/£10K
Erskey -- it is no point replying to a post that you or your fellow cheerleaders got deleted as it does not make sense.
not sure why the post was deleted?
you said heavy buying - which seems contrary to what most of us saw - low volume of low value trades - could you give more details of this heavy buying - otherwise it seems that you are making it up?
there are 8 trades being shown at present on lse - so i am not sure how that can justify - "the buys just keep coming"
yes there will be some buys in that but not to the extent that you suggest
I agree with mv that not all want to or can put the price in.
This was what I always thought might be the one saving grace for this share ...and why la mancha took over.
To see about generating cash other than placing.
Unfortunately the amount needed was way larger than I expected.
If they are going to place..then current holdings even by the big boys are pretty worthless in relation to market cap v what is needed. So they all have to start again.
It really is a xxxx show.
The bod should face criminal charges for announcing all was good quickly followed by the calamity
Let's look at 3 cheerleaders
1) heavy buying.????..lol..most volume of trades was 25 in one day. Which will include sells as well as buys. Today is back down to single digits .
2) the pump and dump is over as they could not get herd in..too many other shares around with much better prospects
3) Zak mir talks about shares requested and is working on historic charts . Pump and dump crews write in to get him to put his joo joo magic pump on. He is mostly wrong.
Rembrr this forecast and let's see
4) the paid for " independent my harris" research note .is paid by cnsl to its broker finncapp to either get a placing or get their bucket shop mates out of one. The forecast on sp was removed 2 or 3 notes ago...so they couldn't even pay finncrapp to bs about 12p anymore.
That says volume as they will do a lot for cash
5) company first said seven figures at the begining but subsequently changed it to £1m plus...now if it were nearer £2m they would have used that figure.so it is somewhere between but prob closer to £1m
Reality is if they were that confident and that vigorous they would have applied for a court date.
It is just a bluff at this stage