RE: CONVICTION IS WHEN11 May 2021 21:50
Dave 1......you say there still is a seller.....one needs to ask who could this be...
1. OPTIONS ( BLOCK ADMISSION still had 1.14m to go )
2. J sharpe ( he has gone under 3%.....still could have had upto 1.2m )
3. one of other two main tr1 holders
4. TB he still has some 2m ( he has come out and said he is not selling )
5. Phasefocus ( 700k shares )
6. trades ...10%-20%ers...
7. possible placing ( brh have made it clear we are funded until commercialisation )
8.shorters
9.hallam....( well he has some 340k odd which are locked as has that other non-ext who resigned few weeks back all so locked in ) bar that 340K...hallam has options and 200k-300k MAX shares that he can sell( on top of my head, can be wrong though
My gut instinct says its just shorters alongside 10 %-20% ers...some........due to momentum being lost.......as i have said be4.....this can turn in BLIBK of an EYE....
CAST your minds back to the day before special divi of 42.75p was announced.....we was sitting at mid 30's...sentiment was low as it is now...then BOOOM!!!!.....we touched 55p....on open...on that rns.....point of note....when we was sitting at 35p...we had cash worth more than our shareprice....paraytec wasnt even accounted for...well no investment was......
right now....market aint valuing as FAIRLY....to what we have.....GAME CHANGING test on two fronts...SPEED / ACCURACY....maybe what will wake up the market...is that PARTNERSHIP news....
We already know...we are in discussions....read last rns.....( commercial partners have requested this info )....
Just need an RNS to say something like....."official DISCUSSIONS have commenced...with X and x etc"....that could get the ball rolling again.....
HAPPY DAYS!!!