Member Info for Ctw2014

I wish people would stop referring to the £250m as if we will have this in the bank. That was a snapshot figure as at 31st December, before completion of the transactions on 3rd January. That’s why they give an estimated month end figure of £100m cash, so as to give a more realistic estimate of cash in the bank going forward. So, £100m cash and roughly 111m shares, so about 90p a share. All imo and DYOR etc.

To be frank, I don’t think the history of the company is particularly relevant if it is basically a shell being used as a special purpose vehicle for the development, which is what it sounds like to me. What is more relevant, in my opinion, is whether it’s backers can raise the cash.

Let’s hope so. Maybe they dropped the trading update for that reason, i.e., in anticipation of it being in by then. Nothing to stop them updating re post period end developments at the same time as releasing the results. Not long to wait to find out. Noticing slightly more interest in this share lately but still very much off the radar given the potential.

However, it is only the buy price that has actually moved up.

The published bid and ask are both way off reality. More like 15.30 and 16.00 . Dummy buys/sells only way to get an accurate price.

There is no short position showing via short tracker.co.uk

The only reason this has not already re rated is that we have an II selling unfortunately, but once they are done, or even take a break, this will move up significantly imo. It’s not the fundamentals that are holding it back.

I think that was the point of giving the expected average monthly end of month cash figure of £100k. I don’t think the figure at the end of December is material, given the £100k figure.

And better still, park the selling for a good while to see true value!

At least we have some big buyers out there too - we have a stalemate between buyers and sellers hence a pretty stagnant share price. No point buying back shares at the moment, as the seller (probably Aberdeen) will just sell into the buys. However, notwithstanding misgivings about being a single mine company, the fundamentals here are undeniably great and, at some point, the big selling will stop and the SP will rocket. Trouble is, as you say, nobody knows when. However, a good set of Q4 results might, just might, produce enough of a boost to make the seller think again. After all, if you think about it, all Aberdeen needs to do to make more money on the rest of its holding is to stop selling now. If it must sell, it surely makes sense to stop for a while, allow the SP to rise, and then recommence measured selling but at a higher level.

Looking forward to the next trading update, which we got mid month last year. Should make an interesting read. Hopefully WHO pre qualification will arrive soon also, as it’s overdue.

And my little top up is showing as a sell.

I am not sure completion of the due diligence will be as late as you think Warren. Just three weeks ago Keith was interviewed and said he expected that to happen ‘in the very short term’ and ‘early in the New Year’ so I am banking on some time this month. We are also at what looks to me like a long term support level for this share, so I have just topped up accordingly. Fingers crossed that the tumbleweed will soon stop tumbling and start putting down some firm roots! This is going to be big, it’s just a matter of when imo.

To be fair, I see David Budd did do an interview with Proactive Investors at the beginning of this month, as a follow up to CE marking of the test for vulnerability to antibiotic related hearing loss in babies. I had missed it but it’s worth a listen. The focus was more on the background, technicals and health benefits, but there were also some useful comments on the market opportunities for the test. The immediate focus is obviously on Europe, which the CE marking facilitates, but he says that they will probably seek a partner/investor to access the US market. In reality, of course, the whole world is a potential market for this test. It’s a very exciting development for GDR imo.

Great price SFU.

Probably got a chunk from Majedie Asset Management who were reducing their stake (RNS. 24/10/19) but from the trades it certainly looks like IIs and HNW individuals have been hoovering up cheap/loose PI shares for months!

Good solid interview and clear on timescales re CEZ due diligence and completion of the deal early in the New Year.

Ditto re M&G, presumably the impact of the issue of shares as per 5th December RNS.

There is none, because it was clearly a buy.

Pretty sure you won’t have to wait that long! ??