Member Info for Dibs61

And just to add shorters only stick around as long as they can see money to be made. They'll move on soon I expect.

Timeless, you're correct I have exited this stock over a period of time. Not sure what's wrong with that? I hadn't posted here at all during or since until today. Again not sure what's wrong with that either? Just giving my honest view on today's news. Definitely not seeking a lower entry point as this stock is way down my watchlist now having lost the attractions it had a while back. Not looking to buy but each to their own. I think the market has delivered its verdict (for now) - 16% drop - after a few early greenhorns got spiked. I sincerely wish you and others well here though.

It's a remarkably relentless drop - day in day out - isn't it? Just when you think the retrace must be complete down it goes again. My view is that professional shorters entered the fray after the one day 90% rise last week. This was easy prey because a lot of retail punters had chanced their arm at prices well above 200p so very exposed. Drive the SP down and you keep panicking people out who see gains bring eroded and losses added to. The stock is thinly traded so you only need to get hold of (borrow) a relatively small amount of shares. A classic sign of shorting is a flurry of 'buys' going through as the SP is marked down. This is traders covering their short positions. Fundamentally nothing has changed from when the announcement was made last week. I would expect this to see a bounce soon.

Yes Sid well done on your trade. Never a bad thing to take a profit. Just don't start a stampede mate with your capital letters lol!

Well, Winnifroth does talk b*llox quite frequently. It remains to be seen if he's got this right. My guess is, on this occasion, he has.

This company is about as near as you're going to get to a 'safe' investment on AIM but combined with what we're all looking for ie.transformationsl potential = multi-bagger We are close here to commercialisation of major projects plus company is Brexit proof as earnings mainly earned overseas. ;) Just DYOR and you will be pleasantly surprised.

Lots of hot air and hype here in the announcement. Credit to Cameron Perry for cleverly burying the fact that hidden in the announcement is immediate dilution of 4.5% by issuing a (first) tranche of shares. Also 'cash generative'? Don't make me laugh.... please. IF and I emphasise IF they actually get to the point of producing 3k ozs of gold in a bulk trial, how much of that will Kolar receive? 15/20%? So it's negligible basically. All I see is Kolar having to cough up money progressively to earn up to 50% in a speculative venture. Beware the hype. PS oh btw I agree with Daisan that they should now sell stake in GMSI. Not sure how much they'll actually get though or how easy it will be to transact.

Finncap target 28p against current 16.75p. And that target was set before the recent sterling devaluation. Market is asleep to both the growth potential and the oncoming transformation here.

Impressive. Early profit taking reversed in short order.

Rock - I am a great believer in the SP tells you a story - not always, but generally it is a good indicator ;) That's why I'm happy to hold here for now.

To find a small company which is growing, profitable but has strong transformational potential. It's right here. I've added again this morning. Will continue to add in the next couple of weeks prior to trading/operational update.

Absolutely correct. ODX are in exactly the right place at the right time with their Allergen expertise and expanding programmes (with support/funding from Scottish Enterprise). Not only that but they must be benefitting substantially from sterling depreciation this year - which is very likely now to be sustained long term as the pound was overvalued. This must surely translate to the bottom line here as most of their earnings are foreign. The market is missing a trick but we can take advantage before the penny drops.

Started in the last few mins.. Reckon 'someone' knows 'something'. ;)

Can't be a lot of spare stock available, anything over 20k and ask is 6p

Looking at main sterling exchange rates against Euro, US$ and Indian Rupee there has been a substantial change since last results which should translate into a decent uplift on earnings and certain assets. FTSE 100 companies have seen this reflected in their valuations. We've seen no reflection of this in the SP here. Time to add....

....will be helping here too :)

Looks like we're going to see a delayed buy later. I can dummy sell my entire slug for 4.55p. As I observed the other day MM's more willing to take a decent bid for larger quantities these days. All quite positive. I sense a subtle shift in sentiment here.

Until next scheduled trading update. Eagerly awaiting news on CD4 and allergens projects. Both transformational for an already solid and profitable company. Surely that combination is the Holy Grail for any shrewd investor? DYOR

Fair enough stickers. ;) Although not quite a forecast of sub 200p me thinks ;) Plus me an my big mouth about the retrace running out of steam! It's tiny volume though so I think a few shares are being 'borrowed' for shorting. We'll have to wait for those games to finish.

The more I assess the recent placing the more encouraged I am. Shares were not taken at a large discount to prevailing market price. It is clear where the investors are putting their faith - Mike Read - not the somewhat sidelined Blamire (who failed basically). Very small amount of working capital requested (250k)this time . This appears to suggest that cash burn may indeed be reducing, they spoke of 50k pm. It may actually be less than that now. I am hoping that the lack of contract announcements is simply indicative of a number of smaller (50-100k) non-reportable contracts being won. The other thing which seems apparent is that the acquisition of ASC has gone well, sure this would've been part of DD for Turner Pope clients. I may be wrong, but suspect not, but things may indeed be turning the corner finally here. I can't believe I'm actually putting BUY on here.