Member Info for E_AL

Strong support 'at the moment' on the L2 so i think the sp is about to creep up !

Normally it happens when MM dont have enough shares to sell

nice buys going through, sp seems to be creeping up ! Nothing available under 0.2

Nice support at this level !

L2 just cancelled :

14-Oct-19
14:51:00
3.572
8,186,656
Sell*
292.44k

so its only the 14:02pm sell

These two chunky sells kept the sp down earlier :

14-Oct-19
14:02:00
3.572
8,186,656
Sell*
292.44k

14-Oct-19
14:51:00
3.572
8,186,656
Sell*
292.44k

Last Thursday Citadel Europe LLP reduced its short position by -0.15% to 1.22%

https://vocaroo.com/i/s1u6PRpzgrVe

"October 2019 - Sirius reveals it could begin mining polyhalite early, using its part-built underground tunnel to extract the available mineral and then selling it to raise cash.

Bosses vow they will "leave no stone unturned" to find a solution to the cashflow crisis."

day dreaming jaffas ? ha

Ocelot please don’t get me wrong, I’m in no way a deramper, only a LTH who witnessed his investment gone from 10p to 1p ..

You said :

“ And that is where the market opportunity exists today.”

.. it could be an opportunity or a gamble.. Balcombe comes before Saltfleetby so it could go either way depending on the flow test results .

“Imho, the market won't wait until next year to begin to integrate the company's net cash flow forecasts for Saltfleetby.”

I think we’ll see mini pump and dump spikes for traders to take advantage of until Angus delivers ‘something’ for a change.

“ With the share price at 1.15p, GL's Net Present Value of those forecasts of 4-7p beats the return available on cash deposits by a very large margin.”

First of all 7p is unrealistic imo unless we get good results from Balcombe, the company said Saltfleetby will add 4p to the sp once the deal is done ..the deal is done and £2.5M was received from the operator but that didn’t make a change ! GL said I’m fundraising at the rock bottom back in Q2 .. look where we are now !

It’s a gamble atm and I don’t trust BOD anymore ... I prefer to jump on board when the sentiment returns based on tangible results rather than investing now, wait for few months then get screwed again by the company ...

“ IPO price 6p, high 35p, so it multiplied by 5.83x to the peak.

5.83x 1.15p = 6.70p. That is achievable and, imho, can be exceeded.”

I disagree with you on this ocelot, how many shares the company had when it first listed on AIM ? What about now ? What value did its Weald sites add to the company other than false promises & substantial dilution to angus’s shares ? Zero value for Brockham, Lidsey income hardly pays Tidswell’s salary , they f^ked up Balcombe’s flow test last year thanks to Tidswell incompetence & the market now is too skeptical about the site’s potential, saltfleetby is not before Q2 2020 IF everything goes by the plan. we must admit that Angus lost its credibility in the market after it repeatedly failed to deliver so I don’t see any reason/catalyst for sp recovery before next year & logically the sp should stay at this level until Angus gets the council’s approval to start the flow test in Balcombe which should attract some attention ... the earliest for this to happen (and with a bit of luck) is around Christmas this year....

Until then we’ll get mini pump and dump spikes like the ones we had over the past couple of weeks

I just saw these posts on Twitter :

1-" @JohnAnderson_10
The British Bulls @UK_Bulls just updated it’s recommendation for Mereo BioPharma to BUY
[Signal update: Our system’s recommendation today is to BUY. The pattern finally received a confirmation]
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=mph.L "

2-"@InvestmentGoals
The American bulls issued a buy recommendation to Mereo Biopharma
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=MREO "

Many buys are going through in the last 10 minutes .. it looks like it hit the rock bottom

10.10.19

*Mereo BioPharma initiated with an Outperform rating at SVB Leerink

"SVB Leerink analyst Joseph Schwartz initiated coverage of Mereo BioPharma with an Outperform rating and $8 price target. The analyst expects Mereo's two late-stage assets, setrusumab and alvelestat, will gain investor interest from near-term data readouts.

Schwartz expects Phase 2B Asteroid data in Q4 and Phase 2 Astreaus data in mid-2020 to serve as catalysts and drive value creation."

https://thefly.com/landingPageNews.php?id=2973983&headline=MREO-Mereo-BioPharma-initiated-

It looks to me that they are keeping it this low to fill big orders,otherwise they will have to pay over the ASK to fill them .. dunno if you noticed but whenever there is a mini drop, it gets followed by a 5-6 figures buy(s)

It should bounce back up to 60s before closing, Many 6 figures buys have been going through since the opening.

From twitter :

"@JohnAnderson_10

#finnCap : “ #Castleton’s main risk is now being acquired in moments of share price performance weakness !

We reaffirm our corporate investment rating today on #CastletonTechnology $CTP.L and its new price target is 130p”

(#AIM : #CTP - PT is 130% above today’s sp level).

https://twitter.com/JohnAnderson_10/status/1182238920500797440

"

Which one of these chunky buys is your mate ? ; )

10:48:03
55.00
200,000
110.00k


10:47:57
55.00
208,848
114.87k

Its still doing well Majorboy, buys 2x the sells so far ...I think the drop was an extreme reaction to the profit warning.

# Trades 222

Vol. Sold 1,026,828
Sold Value £564.76k

Vol. Bought 1,878,708
Bought Value £1m

"have been a shareholder here since 2010."

Good morning Ivybush , I totally agree with you that the current sp resulted in substantial losses for long term holders & they have my full sympathy. Shame that this is the way AIM works and I think its not a place for genuine investors anymore.

I do believe that the sp will recover from the current heavily oversold level and the 85% drop in sp has been an extreme reaction to some uncertainty which also involved MMs manipulation.

Anyway the good news is someone on twitter just received the following from the company:

"@AHayesFud
·
16m
‘Company is aware of the share price drop and will be responding to shareholders concerns shortly’

#BRY email from IR this morning"