Member Info for cminhinnett

Definitely as the 500k earlier today and the 500k yesterday morning were buys, although spread was utilised to show them as sells. The 100k & 50k today were also buys. I really don't understand people selling at this juncture with so must positivity in the company accounts and the HEK listing.

Someone seems happy to accumulate at these prices, 5m buy this morning and then a 2.5m buy just now. Seems to be PIs selling as the price drops and then all shares being swept up.

Someone still believes, nice 640k buy gone through based upon the spread at the time of the timestamp, BID also moved from 2.60p to 2.70p.

I was just thinking the same CA as the MMs having dropped significantly first thing are moving up the BID and ASK despite sells.

Most of the recent trades showing as sells are actually buys, MMs using the spread for their own agenda

Another positive update with regards to the company assets.

MMs react by marking it up and showing all buys as sells, typical games

Unless I have read the RNS, the reduction in debt (as stated in Q1 numbers) is just over £2m and they have received a £1m discount in settlement. This is quite a significant move in my opinion.

1.3m buy just gone through, is this another director purchase?

Agreed JC, however if it is not already sold, they feel they can get a better return elsewhere.

Followed by 2 x 500k buys later this morning, add this to the large 900k and 1.2m buys a week ago, there is some considerable interest. Feels like small holders selling up and chasing rainbows elsewhere, whilst the shares are hoovered up in large buys.

A very good set of results, already showing the benefit from the focus on the new partnership model. £1.3m revenue for the 6M to 30.06 and £0.9m revenue from Jul & Aug alone.
Revenue per headset per week detail shown, headsets increasing, new partnerships signed, great traction since recent exhibition, forecasted EBITDA breakeven Q12020 @ 400 headsets (currently 256 installed, with 33 new in next 3 weeks) with confidence of hitting 1,000 by end of 2020. Cash in bank at end of July £2.3m, sufficient to get to profitability based upon historical cash-burn, let alone the fact that it will reduce significantly over the next 6-9 months. A fantastic company all round, well done.

Thought exactly the same, as can sell my complete holding for 1.47p, having not been offered above 1.3p earlier in the week. One of the recent investors, after another chunk?

Well two purchases (albeit showing as sells) and no movement yet........

Agreed RH, good to flush them out now as will allow a stronger rise later. The regular newsflow via Tweet or RNS from ZEN is very much appreciated, long may it continue.

RH, do you feel that the last few large sells are the balance of the 2.1m shares being flipped?

Interesting gatto as you felt it was a bargain 10 days ago at 27.5p............

BBN, thank you for taking the time to bring a reasoned appraisal of the current situation to the board. I totally agree that despite the first drill being a pilot drill, the whole drill programme has pretty much been written off. The management has taken the time to assess, evaluate and realign the programme to maximise the potential return, what more could we ask for.

Poised now, any volume is at 4.1 and a very strong Bid at 3.935 for a decent volume. Maybe all the LTHs should buy 50k each, that should do it.

Now showing buys as sells and then drop the bid, looks like they need some shares.

Delayed trade showing up for 360k @ 3.87p, that could be the reason why we couldn't quite crack the 4p as it looks like a sell, great confidence though for the MMs to take that qty at that strong a price.