Member Info for Dibs61

Half baked more like. Not. Good. Beginning to wonder if all the issues they are experiencing ie.setbacks, delays, lack access etc etc is going to be part of life trying to do business in Kosovo. I can take this seriously as an investment anymore unfortunately.

Though some noteworthy activity over past day or so. Someone appears to be trying to push the SP down. At 16:21 yesterday they dump 200k below the bid and low and behold at the same time today another 150k is unloaded - again well below the bid price. Both within 10 mins of the close. If you want to achieve a SP drop best time to sell is......just before the close! Not to bothered about selling in an orderly way or getting a decent price that's for sure. So I made a dummy sell before close and the bid I got was 10.7p and the price was unmoved. So, if that was the intention it failed. The difference now is that sellers aren't following and there is sufficent buying interest to support the price at this level. I wonder if there could be any stock on loan here?

For a good while ... In no little part due to Cam and co's impressive buying ;) 10% up and just under 4m traded with only 106m in issue. Drilling results soon and unlike some dubious resource outfits this one should not disappoint. Company has no debt. Relatively low number of shares in issue. It's assets are markedly undervalued by the market even after today's rise and excluding possible indicated resource attributable to Kolar of 300 ozs or more....

Yes I must admit I had VERY itchy fingers when the Ask hit an absurd 1.04p. No question I would've doubled my holding at that level. As Cam has already correctly articulated this is discounted to cash held plus nothing for the current 2.67p's valuation of GSMI stake?! You can see how undervalued this is even without the upcoming drilling results. Expect GOOD news.

Thanks for the feedback. That's now an impressive holding at an impressive average, nice one. As for shares out of public hands well according to Morningstar 68% held by directors and major shareholders. So roughly only 38m on the market so to speak and 3.8m or 10% of those traded today alone.

Agreed though even the smaller integrators can have quite an impressive portfolio of customers. Some of them target and specialise in the public sector. I can think of a few. As for the SP yes it does look like we are forming a base at 11p to hopefully push on. There has been previous support at this level. Like you though, I do feel on balance we now need news to go higher than this.

Thanks MrR. I know exactly what an SI is and what they do. ;) I spent a number of year working for a number of them. These are your IBM's, your Accentures, Deloittes, Fujitsu and so on who maintain configure and customise companies enterprise platforms. I'd love to know who they're working with....

Yep... how many did you pick up in the lunchtime surge if you don't mind me asking? Was it just a pump, a technical reaction to this mornings huge drop? Some questions too about the dude who made a couple of hefty buys only to dump for a huge loss days later?!!

Yes and I'd like also to draw your attention from the following quote in the RNS dated 18.3.2015: "Following on from the contract with CERT UK, the UK Government's Cyber Watchdog and joint venture with Principia Underwriting, Falanx Assuria has also commenced technical evaluation with several system integrators to deliver its Protective Monitoring service across their client base and projects." The statement about conducting tech evaluation with systems integrators interests me greatly. Can you recognise what this could mean for Falanx if successful?

Ah I see your thinking. Well it is normal for delays on AIM companies, what we expect. Maybe this will actually deliver but this is very much dependent on third parties, The drill results should not only confirm and increase the estimated resource but they should also identify new drill targets with a view to extending the resource further. Today's rise is welcome but could just be a precursor to something much better.

Excellent top up at a great price. Well done! When I saw the price drop this morning it looked a fantastic opportunity - a ridiculous markdown. Unfortunately for me, and ironically, lack of liquidity prevented me this time from taking advantage. What makes you say drilling results as late as October?

http://www.valuewalk.com/2015/09/cyber-security-stock/?utm_source=mailchimp&utm_medium=email&utm_campaign=EMAIL_DAILY&utm_content=quick_link This is a US article and no mention of FLX but the point is still as relevant. This is a long term high growth sector.

Good evening, looks like we 'acquired' a few people from qinetiq too. No small fry them.... Agree that the calibre of the people top down is very good for such a fledgling organisation ;)

http://www.thinking-space.com/Portals/0/PropertyAgent/447/Files/127/Falanx%20Case%20Study.pdf

The 100k trade @ 11p is DEF a buy so looks like our buyer(s) from last week has returned. I continue to make the point the record 1 year volume achieved last Thursday on NO announcement was not mere 'speculation' - much too high. Something has changed.

I reckon the drilling must be almost complete by now given that the 7 July update stated it was 40%+ complete. I've sent an email to Thriveni asking for an update on progress and will post once I receive a reply. Lots of potential upside here if you move in before the news - rather than after.

Hi no probs.... I look at MARL which, just like Kolar, is an exploration company generating no revenue and commands a market valuation of £20m (at these low gold prices). Principally this valuation is given due to the 900k ozs resource they have in Turkey. Kolar could easily end up with a 300k ozs share at Jonnagiri when the drilling results are announced (due in Q3). Thus, if the same valuation basis is afforded Kolar should be rerated to around the £6-7m mark which is minimum four bagger from here. Not a bad return on a 3 month timeframe. Also worth pointing out that marls resource is relatively low grade - Kolars should be higher.

...if you read on he also suggested a little tree shake coming ....which it did....and then a resumption of buying...which it has, albeit modest, though so was the selling. I can see you are interested to reappear as you see the price drop, which you also did and assume a slightly bearish bias ;) all fine and dandy but Also slightly cliched and predictable no?

Steady buying to start the day. Last nights late 200k sell has been shrugged aside.

Not even the 200k sell just before the close could stop us finishing blue on the day. A few weeks, or even days ago, that trade would've gone through below the bid price and taken the SP down with it. As I said in a previous post any shares coming onto the market now are being snapped up and this is resulting in SP resilience. Be interesting where we open tomorrow now. My chart is looking very good.