Member Info for dactions

Thanks threeputt for suggestion. I'd taken it for granted all news of AIM shares would get through and I've setup some alerts using investegate.co.uk

This is great news today and I've bought back in having been in when several years ago it was trading in the 16 - 22p level. I liked the technology then but they mismanged their business badly. Woodford has had a massive stake all that time and had to stay the course - whereas for once PIs could respond easily and I came out at 16p + so nothing to grumble about. Interesting concept to get crowd-funding in the US to meet cash flow needs going forward - can't quite see how that will pan out for shareholders. For now, on this good news, I'm very happy to buy a stake again and will hope to add as it proves itself. Too much shareprice movement too soon will only encourage day-traders so I'll try to be patient.

Agree with you Bottomsup - thanks

4kandles - you’re way off beam with your comments. They’re so superficial I can only assume you’re trying deramping. Long ago the bear comments you mention were shown to be nothing more than an attempt to short the share. It can’t be anything but good news to have memorandums of understanding with a government body. They operate in two attractively safe African countries with good climate and are following a socially responsible business plan to monetise their extensive timber assets. Then since the renewed development of Obtala 2 Year’s ago, it has received massive funding at 20p a share plus the Woodbois acquisition has been done at 19p per share whilst keeping the Woodbois entrepreneurs in place for several years. The future is looking good - look forward to confirming all the good news with you at the end of the year.

I saw this today on Proactive - says what we already know but is another positive voice - so outlook is now looking good: http://www.proactiveinvestors.co.uk/companies/news/176933/fox-marble-no-longer-a-fox-on-the-run-176933.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-372349-Proactivity+-+03%2F01%2F2018

It's great to see the recent share weakness reversing. Earlier today there were two big buys for 507,000 shares each pushing the bid above 15p. I don't have any more funds myself - more's the pity.

Today's RNS is excellent news giving Obtala yet more credibility with it's African hosts - in this case Mozambique. I'm expecting some excellent financials from them later this year as they bring together an excellent business plan. Here's a link to the news on Proactive: http://www.proactiveinvestors.co.uk/companies/news/189751/obtala-set-to-join-sustainable-timber-processing-joint-venture-in-mozambique-189751.html

Do we know when the next financial figures will be released ?

New Chairman starts now with Richard Colin Neil Davidson CBE appointed as Non-Executive Chairman to the Company. You can't say we're not kept informed with all these RNS. Roll-on the announcements of the financial progress which should come thick and fast this year.

Chairman Miles Pelham has got a 4th quarter update out in record time probably with the aim of setling the market. It's understandably short on actual numbers at this early stage but offes great promise if the various quotes are to be believed - and there's no reason to trash them. Do we know when figure will be released ? However, his closing remarks are extremely positive: Quote from Miles Pelham, Chairman of Obtala, comments: "Obtala is not the same company I joined as Chairman in 2016. The dormant assets held by the Company in East Africa are now producing, and we have grown into a vertically integrated forestry and agriculture business with significant operations in West Africa. This was not always an easy path, but many lessons have been learned and important relationships forged. Significant time and capital was invested in H1 2017 installing a new operating team in each business, rationalizing corporate structure and building the infrastructure required to operate at scale. While the result will be a record year of revenue for the Group, this merely represents the initial phase of growth for the Company. I am excited for what 2018 will bring and fully expect it to be another year of exponential growth for the Group."

Says all the right things - we just need the word Futura to really raise the blood of FUM sp ;-)

Well stated goldist188 - you echo my sentiments exactly. As a LTH I came in some years back at over 60p when trials were only at an early stage. After last year's Daily Mail piece the shares showed the potential but the C & D issue last year really screwed the shareprice and whilst I averaged down, the fall down to the 20s made me doubt all the previous good news that I had seen with my own eyes. Today's RNS really shows this product works - it's just a case of chief James Barder letting the world know. I reckon he too was knocked back by the withdrawal by C & D. So, this has to be a market winner that is currently being missed. Even though the day traders have been taking profits today, I don't want to be out of this share and bought some more shares today.

Today's late morning RNS goes a long way to explain that of Tuesday. I think Chairman Miles Pelham made a mistake (or the BOD did) in not recognising the impact it would have on all of us here looking at nil or low interest rates. My background is in Banking and I do remember the difficulties of obtaining realistic rates for Trading finance overseas so I concur with the sentiments expressed today. A lot of finance both from outside investors and internally by the BOD has been done at a much higher rate than where the SP is currently. Apart from Tuesday's misjudgement, shareholders have been kept fully informed as each stage, of what is a very coherent business plan, is met. The trading outlook in 2018 for OBT is, in my opinion, excellent and I'm looking forward with confidence to seeing some good results from all this planning and implementation. It's a thin market and so a single large seller will spoil the sp - to my mind selling OBT doesn't make sense given all that's happened in the past year but we can never know the personal circumstances of other PI's. I've added a few more shares today as the RNS has given me the needed confidence. All the best to LTHolders.

Today's RNS is excellent news whereby the leading international journal of sexual medicine reports on FUM erectile dysfunction product. James Barber is justified in his positive comments. Article link here: http://www.jsm.jsexmed.org/article/S1743-6095(17)31852-0/fulltext Can only be excellent news for the shareprice imho.

I agree mrrralistic your comments - well judged. It echoes my own experience as a LTH buying in around 20p but unfortunately bought many more at 26p at the peak when I misjudged the facts we were being told which were never met - eg the Factory in the plans 2012 but only last September 2017 finally fully working. A placing every year resulting in more & more dilution. But things have clearly turned this time as there was no placing last year and we're now hearing of decent sized orders and a coherent business plan. However, we’ve got another 19% shares dilution and have a new large shareholder whose been able to buy a 9% shareholding a bit on the cheap in my opinion - but then I’m looking at it with sour grapes given past disappointments. But I topped up when the price dropped to 8-9p a few weeks back so I’m ready to be pleasantly surprised going forward. We now know there will be some big deals going through this year and there’s every chance that this momentum alone could re-rate the sp. IMHO, I now see every possibility of 20p by year end if not before. After that ...?

Well the fact is that it was indeed a 1,000,000 Buy at 5.25p as other deals at same time were showing Sells around 4.8p What can’t be disputed is that it will need more similar large deals to get the price back to the 8 - 10p range. Anything of course is possible in a small caps share like Falanx - we can only wait and see.

MatthewC - that's what Brokers to a company do - they wouldn't call it a Tip though, simply their view of where the shareprice might move to if ....... if things move the way they see it. It's not a conflict really because a Company needs a supportive Broker for various roles, not least to draw attention to the merits of the share which other Brokers may be unaware. They are declared as Broker's to Falanx and so can't be guilty of misrepresentation.

What can you make of this market for AIM shares ? Just a few days excitement when the RNS was posted last Wednesday giving us great news with the Pharmaxis deal and the sp is now almost back to where it started - I think it touched 18p at one stage - the day traders came in and now all's quiet again - a bit like Selfridges after the Boxing day sales perhaps ?

It should have been an irrelevance as regards the need for a new Nomad appointment - especially as it had nothing to do with OBT but was imposed on them along with many other companies by the Stock Exchange falling out with ZAI. It was a completely unneeded distraction for OBT wasting management time and not without some financial cost. I think it did cause some weakness in the SP primarily because of the management time wasted but it's now done and I feel positive we will see advances again. Quote: Obtala Limited (AIM: OBT), the African focused agricultural and forestry company, is pleased to announce that further to the Company's announcements dated 16 October 2017 and 5 December 2017 regarding the appointment of Northland Capital Partners Limited ("Northland") as its Nominated Adviser and Joint Broker, Northland has now satisfactorily completed its due diligence and has provided all relevant confirmations to the London Stock Exchange that it will continue to act as Nominated Adviser on an ongoing basis. Northland will also continue to act as the Company's Joint Broker. Endquote

Agree Dinoken - the sp should now be on the turn - this sizeable contract win is more the kind of news we've been waiting to hear. Great news today.