Despite all the positives here and there are many it still looks like the family are still selling a certain amount of shares
The good thing it looks like the family and or Trevor have stopped selling shares maybe to convert existing CLN’s. The annoying thing is that the share price was 5.5p before the holding Rns., but in the scheme of things it doesn’t really matter if you are in here for the long haul and future potential. To say this is going to 50-100p is crystal ball stuff, all the stars have to align before that could happen. The imaging has to be worth 10-15p alone. Let’s get there first and then see what happens
I agree. I think maybe converting existing CLN’s to replace shares being sold to tidy thing up
Someone is selling shares, we know FAB are but how many we won’t know until maybe another holding Rns . Is T Brown selling shares. again we don’t no.
We do know that Iqai are in the best position they have ever been in with collaborations and trials so what is happening in the background, intriguing and frustrating at the same time
That’s not going to be mentioned in a newsletter!!!!!
Could still be FAB reducing. Who knows what’s financially happening. We will be the last to know.
The future does look bright though, unfortunately things just seem to take so long
Jam tomorrow. No mention of any financial benefits with tie up with GM, or the 40+ positive enquiry’s they previously announced
The market in the USA has not responded to anything to date so I doubt it will respond to this Rns. And if the tie up with GE included an upfront payment why did he allow some shares to be sold off. I’m in no doubt that Iqai is on an upward trend but Trevor is at best non transparent
Tees. He isn’t sat by a computer all day selling shares. He relies on his broker to sell in batches of quantises he can get through at the time, like in 50k 100k 250k etc not in one or two million lumps at a time
All good but it would be nice know why shares were dispensed with last week and have they finished because that 50k sell came in quick this morning after a buy
I’m off back to school
I bow to your greater powers of accountancy
But can you explain for instance final accounts 2019 he held 668k CLN’s
Then 12/11/20 converted 273.5k and the 10/12/20 converted 55k and 98k all inc interest which comes to 426k approx minus from the 668k equals approx 242k, not 196k as in the final acconuts of2020 because I find similar issue the year before also. So I’m not getting it somewhere
If what your saying is correct as the final results state then we have not been informed by Rns’s of all the conversions because I have been through it again and it’s way out ( it is confusing)
In May 2019 he had 800k of CLN’s.
You are probably right but I’m working through it again. Gives me something to do
Sorry it kept blocking me out
You are probably right but look back to December 2020 and the year before and at the time it states he had 800k of CLN’s and the Rns’# since then shows only 200k approx converted
I’ve spent a fair amount of time going through all the Rns’s
…….
Looking back T Brown in Oct 2021 purchased 3million shares at 5p as part of a placing and prior to that Dec 2020 sold 5 million shares and converted a CLN for 90k (6.6 million shares)
Obviously various CLN’s prior to Dec 2020 converted but just to show this isn’t a regular occurrence. I believe he still has approx 600k of CLN’s still outstanding but I could well be wrong. Gone back to March 2019
I wouldn’t agree or disagree. But appreciate your analysis.
The only thing is they only in the last day or two have reduced their holding by approx 80-90k at the higher share price. I wouldn’t have thought IQAI are that desperate for money unless it’s a short term thing until something more major happens
I’m baffled here. The company hasn’t changed, the potential is still vast
Is he selling to release a CLN, because previous CLN’s were at a lower rate than this so if that’s the case he is in profit. How many times did he loan money under a CLN
There is a bigger act at play here and we are all guessing.
This company is so undervalued now and he knows that
I see about 80-90k of shares have changed hands. Not enough for Trevor to squeeze in a CLN
maybe a birthday present. Who knows