RE: Back to basics10 Jan 2020 18:56
Hanoi, HNY buddy, good to hear from you.
I wasn"t surprised by the rise, I always felt we would get some good news before the New Year, although not the news I expected, which was why I paid 5.32 just a few weeks ago., So, happy to take a £600 profit on those and it did indeed pay for Xmas, my next 80k tranche is in the 7"s, so plenty of "bargain basement shares still, 230000k in total, and I always wanted 25% to trade with, so yeah pleased.
As to your question............."" Anyone think more funds will be needed soon , from whatever source?""
Well some on here say April/May, I just cannot see that, but I would think around next October that situation will change. The accounts are due end April and six months later have to be signed off, it is at that point a funding could take place or any kind of raising. So we have a small window for news this years, many different items of news due and the BOD will be going to get that M/Cap up, so IMHO news due any day, on multiple items and seeing how we rose 60% on Holding news in Particular we should mindful to have a core holding in place, to suit our confidence.
That 3.5m purchase from Vulpes says a lot to me, good to see them further confirm their long term commitment and further IMHO they know more than any of us. Take care buddy.............