Morning Guys29 Nov 2019 06:46
Must only been the second day for a few weeks that I have even been up to see the RNSs at 7.00, this being the second and the first we received the MOD1 Patent in America.
Was very buoyed by the IMM RNS yesterday on a few levels, mostly explained yesterday, and it was very good news for our sector too. There are enough items of news due or expected for something similar to happen here and reading back on only a very few posts posted in the weeks leading to that deal, the same levels of frustration, lack of confidence where there for all to see.
I think it was Ivy who made a point last weekend about those buying in at these levels, obviously we all would have liked too, but those buying in at the levels they were yasterday morning had a very nice Xmas present for sure.
Just 17 full trading days to Xmas, not allowing myself to have such expectations, but it is very possible for news that will put us on a very good footing for next year. I mentioned some 10 days ago that CFEP had come off the bid (still on the ask) after taking 2 x 250k sells on the 18th and 20th Nov and indeed there have been no sells anywhere near the likes of those since.
So heres to seeing some buying leading into December, sub 5p is at this moment in time not exactly drawing in more sellers!! So over to you SCLP, lets get some momentum going again, timelines to update, timelines to meet, and the possibility of deals would surprise nobody, anytime, Have a good day.