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Based on all the elements coming together this can easily re rate to a Mcap of 5x short term imo. It went from 7p - 65p on the rumour of 201. Now we have sustainable funding source with the lab, 201 about to complete, massive 401 breakthrough. future is very bright. All imho and GLA
Congrats to the traders who made a nice quick % on the outstanding update yesterday BUT the real value has been added for LTH. When 201 news lands this will re rate and then a 401 update will send it to very different levels. Lab landed, 401 landed, 201 to be landed soon. Well done BOD, after a rocky start it's coming good. All IMHO and GLA.
Don't agree at all CB, it has the feel that we're at the expected level and people have made their calls until merger news lands. I for one am very excited to continue to hold and feel 20p is on the cards once it completes. That's just my opinion though based all the information available. You're a class act OB, unfortunately it's not rewarded on here as people can't get past their poisonous agenda. All imho, without prejudice and GLA.
Extremely exciting period coming up now, merger looks to complete any day now and payment to VAL expected in Nov. The board has a much better feel to it the last few days. All imho and as always GLA.
Good to have Jwallows here as a genuine M&A expert. It's a breath of fresh air vs. the others who claim to have knowledge but don't. Reminds me of covid where people on Facebook knew more than doctors. Payment due in Nov. All imho GLA
It's been explained numerous times but for the one poster who doesn't understand. The order is this, merger deal completes, funds RELEASED, VAL PAID. You seem stuck on the incorrect assumption that they don't already have the funds. They do and people are clearly demonstrated this. far simple process to release funds on a done deal. we're now in Nov, exciting stuff. all IMHO, GLA
People are always going to sell on the way up and take profits (like i know you have congrats). It's not 'sticky hands' it's a chunk of stock that was purchased at a much higher price than this which is unlikely to be released until the price is multiples of where it is now. This limits supply on the way up and boosts the speed of a rise. All imho, GLA
Not sure you understand DI, when a lot of the stock is held at a much higher prices then it takes them off the table (unless people want to sell at a loss). This tends to make the moves up much more dramatic and exciting :) GLA