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During 2019 with silver at $15-18 this traded in a range of 160-220p, now with silver at $27-28, profit should be more than double 2019 levels for the same output so as it ramps production up unless silver collapses again so this should get to 350p+ i would think even if it trades at a lower multiple at the higher silver price.
I've added 20m today. Bottom line is that Dattels knows more about Circum than pretty much anyone else, so his conversion is a strong signal that Circum is OK despite all the delays imo. And if Circum is OK then these shares are stupidly cheap.
£50k delayed buy from yday just reported. Instis starting to Buy? It's the dream for all these illiquid AIM companies. Tom was pretty clear on the video that they have bought in the placing, and there is no way the placing could have been done at the price without proper institutional support
If you've sold on this news then i think you've picked a poor moment - institutions coming on board is the game changing moment for most AIM companies, and there's no way these are planning to flip given the pricing/volume structure.
still atb to you too.
Bit shocked by the size of the placing on first reading, but given that the fact that they've done it Friday's bid and the lack of volume here suggests that who ever has taken it intends to hold on. Which alongside the offer to eixsting holders means overall this is positive. Be good to know who the institutions are that have taken it but that probably comes out early July as i would think they'd have to be over 3% to be worthwhile.
"Very successful at NHS Expo. Bleepa really very well received, and very optimistic about its future...Marketing team busy with new prospects...both UK and international"
Fingers xd they come up with some orders/trials pronto.
From TO's public linkedin profile:
Carolyn Barkin
Health Director at FutureGov
Will you be there? I'll come by and say 'hello'!
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Dr Thomas Oakley
Dr Thomas Oakley 2nd degree connection2nd
CEO @ Feedback PLC
Yes I will be there, look forward to seeing you at stand 29!
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Carolyn Barkin
Carolyn Barkin
Health Director at FutureGov
Dr Thomas Oakley every time I walked past, you were deep in chat!
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Dr Thomas Oakley
Dr Thomas Oakley 2nd degree connection2nd
CEO @ Feedback PLC
Sorry, we were amazingly busy. Would be great to catch up though. Let me know if there’s a good time?
Also did a little digging. I think Barnard Nominees (who took c. 17m in the placing) represents M D Barnard, currently a Fund Manager for the New Century AIM VCT based on companies house filings. If so, I would guess he's in it for the long haul. Sticky.
Exactly - nothing about the way this has traded suggests flippers post the placing - they've had a week post the placing with the stock above the placing price, including a few days when they could have sold at 1.4 so a 15% profit on the turn. My guess is the recent selling is just bored punters who bought in on the spike looking for the next hot thing or people who thought there might be an announcement before/during the Expo of contracts/other progress and are disappointed.
I'm not an expert in this but does seem to me like they've covered all the bases if you read the Q&A on the website. i can't think of anything they've missed here so its hard to see why the management of a hospital trust wouldn't want this to reduce legal risk and improve communication. Those I would imagine are two of the key priorities for anyone in that position...
Haha perfect storm - rumours of a placing, confirmed by the company...
People sell short to take advantage, then company gets the money from somewhere else and/or announces a deal with the NHS.
Shorts forced to buy back...
Here's hoping...
imo this is going to rally hard as people have misunderstood the deal coupled with one or two big sellers creating downward momentum. What matters is the asset value.
Post the transaction with KME we own 80% of new co and KME own 20%. We then IPO that. What matters is the ipo value of newco, not the 7m that's a red herring. At ipo newco has a working tungsten mine and zulu plus other zim assets. I reckon that has pre-ipos value of 25-30m. Our 80% is 20-25.
Tehn we have 5% circum. Worth another 20m. This adds up to 40-45m and we should gradually trade up to 0.4-0.45.
Market has misunderstood this. Great oppo imo. GLA.
Totting it up over the last year, i think Miles has put a net $2.4m into Argento and taken out £400k from his holding in the Ords,so net investment of c. $1.6m, Richard Byworth has put net £720k into the ords, Spreadex has added 3% (of the company) to the ords, Martin Collins has added £180k of ords, Paul Dolan has put £165k into ords and $85k into Argento. So between the family and friends they have put a net c. $4m in, via a combination of ords and Argento prefs. Very odd the way the Chairman is virtually day trading in it, but you've got to think its bullish.
Intentions? The dude sold 10m at 2.75 now he’s buying them back at 1.5ish. His intentions are to make money same as the rest of us. The key is he’s now buying which given that he’s probably more clued in here than the rest of us is probably a good thing. And given he was selling a week ago suggests to me something is happening and it isn’t negative.