Member Info for dazhahs

Bounced off 3.8p very nicely...

Exactly this. Also the options are not exercisable till 2024.

I would say £40-50M (10-15p) would be a decent price to sell in current markets and current status of company, but it all depends on how good your sales & marketing is to pitch the future as potentially could get a lot more. Only my opinion though and would love it to be much higher - stage 2 & 3 trials will go on for some time so the weigh up will be between investing and trading.

Thanks

Does anyone know what the market cap was at IPO of the top of their head? I'll work it out based on placings since if no one has it but just being lazy to check if anyone knows.

dated 8th March 2022

this seller is annoying now, whenever it looks like it is about to turn, they throw more in.

No positivity at all. There will be a dead cat bounce at some point I'm guessing, but can't see a bounce that large that will recover your position. It's either going bust or will get funding at 0.2-0.3p imo.

Maybe he is a multi-millionaire and will cough up the funds for the farm in lol.

If company releases no news other than results at end Sep and end Oct, the share price may well be back down to 0.35p

Was there a timeline provided by the company as to when they expect to publish initial findings of the production test as I can't find it? I know mid-August has been mentioned a few times, but I don't think there is a specific date, is that correct?

The reason for share price being so low after consolidation is due to the poor performance in the past. Also, there hasn't really been any positive news to push share price up since spud. I believe the 25-30 day period means that end of next week is when things might get interesting.

I didn't mean bounce within an hour :-)

However, good sign that it didn't go lower than 0.28p.

I don't think a few chat members can influence a company with 7.9B shares in the loop. The share price direction is based on the sentiment of the company and no surprise that it is 15% below the placing price currently. Support at 0.28p pence though, so may well see a bounce from there based on incoming news.

This placing shouldn't have come as a surprise as looking at accounts, it was clear cash was running low. 2p placing price is the same as last year so likely to have a rise based on some news within 3-4 weeks. Stochs are oversold and RSI at 39. SP may fall to 1.8p before rising.

My average is 2.9p and have been holding for only 4 months (although bit too long as it was meant to be a short term trade). However, so was MWG for me but I held for 10 months and got out with a 200% profit.

Based on technical, I'm sure I will have another chance next week or week after to get out for 10% and that will be my decision. However, based on the current news coverage around digital health passports, any positive developments will put a rocket up the share price. I'm looking for ~5-6p and potentially more based on news coverage and technical indicators.

How long have you been in this share and what price did you buy at? Share price has been in a range of ~2.3-3.2p for a few months now so you could have traded it 3 times to make a lot more than a bank would have given you. AIM companies generally do not just keep rising and rising, however news will break it out of this range (be it downside or upside as negative news is possible as well)

What buy price and limits are you getting? Sell has been NT for most of the morning and was similar all day yesterday. MMs got to make a market and lower ask if no one buying

To be fair, no one said there would be an interview. Tweet came from guy who works for BBC London news and said he had spoken to CTEA, was very interesting and was hoping to do something this week. The twitter brigade immediately assumed it to be an interview where as it could just be a mention when they talk about vaccine passports and highlight an example company like CTEA.

Even if it is an interview like the one Sky News did a few months back, if management can't back it up with concrete news, then share price will have small 20-30% rise but won't trigger the management options from 10p.

Yes I saw that Singapore Airlines trial for Digital Pass, however Guy and team not involved and other trials have taken place already in airports and other airlines. Guy is not really the kind of CEO that can pull those contracts out of the bag, but I'm sure will get further contracts similar to Lapland and UK Badminton one offs.

We know the tests from BHA are £12ph for a certain batch level, can't remember exactly but 10,000 units comes to mind. You are right that we have not seen what the charge is for the combined solution.

Rampers will say this is a start and will market their capability especially as it was for an indoor sports arena. De-rampers will state that these small orders are the only ones this company can achieve.

I think today is minimal progress but I won't be hanging around for much longer unless the management can prove themselves with an order large enough to justify their market cap.