Member Info for Crofty299

They used around £1.1m in just over 4 months. Taking the remaining cash and banking facilities then fag packet calculations would put that at around 8/9 months until they would run out of cash should there be no deals bringing in revenue by that time.

They certainly wouldnt be looking to raise at these levels unless they absolutely had to. And they are still a fair way away from that point.

They would also have had to say that they were considering a placing in that last RNS. They didnt. So cant see any share issue for a while at least.

Is now up 48%

Very quick movement. does seem a bit leaky...

Recovering well now. Should hopefully be a good day with people getting in on the possibility of there being a friday RNS.

The point being, if a vaccine is released in 6 months, you will need a hell of a lot less test kits than if it was running rampant for 30 months.

Personally i think the drop is just people selling up or chasing rainbows somewhere else, rather than the vaccine news, but its still relevant and would have an impact here should it come to fruition.

Bit weird that you don't think them shaving 2 years off the development of a vaccine isn't relevant to a company whos share price has rocketed based off selling test kits...

We're adding vat on to the order calculations now are we? hahaha

Hate to be that guy, but you all seem to be ignoring the fact that these tests, as stated in the RNS are for "research use only".

They aren't going to be producing 20 million of them and shipping them to everyone in Wuhan, they are for lab use.

He cant sell because most of his shares are suspended haha

My god Rocket you really are a cretin aren't you.

Haven't you got some other shares to lose money on Rocket?

Or post a bit less *******s ;)

The money needed via a placing would be more than the current market cap, it simply isn't going to happen.

Only other options are new finance deal or sale of asset and focus on the producing wells.

Yep, nothing wrong with trading.

Its those that deliberately lie and spread misinformation to do it that I have a problem with.

So he can scare people into selling.

Thank god people have you to look after them KOTB.

So many posts on a share you don't own or want a position in.

What a terrible way to find out your colourblind.

I mean, we actually saw 3p just yesterday...

So, another one who's pretty much fallen over at the first line of their post.

Maybe you're the one who needs to move forward :/

No danger of getting upset, not worth the time.

They started selling when they would have got the most from their investment? **** me move over sherlock Holmes.

It's almost like that's what they wanted to do all along.