The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I’ve got mixed views. If the RCTs prove positive then the NHS will be onboard and investors will be a winner, but having ditched the growing and seed sales it leaves us as a one hit or fail which I’m not a huge fan of. To be honest I preferred the multiple chances to win.
No doubt the doomster and Mr Negative Gazzleberry will be claiming doom and gloom as his preferred way!
I don’t think I’m twisting anything. You were the one who used the words ‘begging bowl’, which have a negative connotation, when referring to the potential need to raise funds. I just repeated your words and asked you what alternative funding you’d propose.
Referring to a fund raise as ‘coming round with the begging bowl’ is a strange way to refer to a company in development that will inevitably need to raise funds to grow and expand.
I don’t think anyone particularly enjoys the dilution that comes with small company development but how else do they grow? What alternative method of funding do you propose?
If you are so against fund raises then why not ditch your shares snd invest in a company that is already established and can self fund growth from any retained profits.
I’d prefer the Options and Warrants to be converted by the holders. There would be more than enough to expand and fund operational costs if they were all converted. Better that than an open market placing, for the same reasons given earlier re sticky hands. All amounts to the same thing in terms of dilution but it’s the ongoing impact of sellers from a placing that is the big negative for me.
The shares issued to Charles were in return for the £2.4m loan he provided to the company, which allowed them to build the Research facility, recruit the likes of Nigel Gale and Steve Murray to drive forward their plant development and to fund operations for over 2 years.
The alternative would have been to go to open market to fund raise with the resultant shares likely to be in loose hands who would drop shares for years on end. At least with the Charles loan and share holding they are likely to be held longer term.
If you are so opposed to the Charles loan and share holding, how would you propose the company to fund its development and growth?
Great write up here for Amanda on MRX.
https://www.linkedin.com/posts/melissa-sturgess_ananda-developments-launches-mrx1-and-mrx2-activity-7091763171715108864-l3ks?utm_source=share&utm_medium=member_ios
The buy/sell indicator is not always accurate as my understanding is that it’s an automated process used by LSE which uses the spread and along with the trade price to determine whether it’s a buy or sell. If the trade price is above mid price then it’s categorised as a buy and if it’s below mid price it’s categorised as a sell. It isn’t a result of someone manipulating the stats.
I’m fairly new to DOTD having seen the recent slide in sp and think at these prices the company is undervalued. There seems to be good prospects, so anyone have any thoughts on why the sp has slipped almost 20% in the last couple of weeks?
Also, what is with all the tiny trades of 1 or 2 shares or those trading approx £80 worth?
For anyone wanting to join the Ananda chat in the Telegram group, here is the link, although you’ll have to remove all the spaces. I can’t post the real link as LSE will remove it.
h t t p s : / / t . m e / a n a n d a d e v e l o p m e n t s i n v e s t o r g r o u p
I think most of the chat is in the Telegram group rather than here as lots of us got fed up with the troll, so now rarely post in here. Great that you’ve joined.
And yes, lots to be positive about with near term revenues on the horizon from oils whilst the company completes their stabilisation work.
Hi firefly - There has been loads of news from Ananda in the last 3 weeks. Have you not seen the 2 RNS that were issued, one last week and one about 3 weeks ago? If not suggest you go sea4ch them out as lots of very positive info. Also, make sure you follow them on either Twitter or Insta as they regularly post informal updates there as well.
I take it you didn’t manage to find my Telegram group? We have had lots of activity discussing the recent news, and quite a few new joiners to group.
Rise is a combination of new money coming from ISA buyers, with buys outstripping sells but also need expected in June regarding unlicenced oils sales.
Join the chat over in the Ananda Telegram group see message titled ‘New to Ananda’ to see the link I posted.
I think LSE automatically remove any links, so not surprised it got masked. Not sure why you couldn’t find the group though awe had a couple of joiners today.
If you remove all the spaces from the following string, that should work
h t t p s : / / t . m e / a n a n d a d e v e l o p m e n t s i n v e s t o r g r o u p
I own a fairly active and well connected Telegram group for Ananda. If you want join just search for Ananda Developments Investor Group. I’ll post the link below but I’m sure it will get removed.
*************anandadevelopmentsinvestorgroup
I admire your optimism and confidence, and hope you are right but where is all this new revenue coming from?
Given there have been no new contract announcements or extensions within existing contracts, I can’t see how revenue will be much more than £1m. If that is the case then we haven’t progressed, and the sp will continue to reflect that.
I guess it could be if we had contracts with water companies. But do we?
There has been virtually no news of anything in the last 6 months. We’ve not had a trading update, no news on any contract awards and other than the odd post on social media, it has been silence. To my mind not very encouraging.