Member Info for Elartu

Stonechecker CE Mark by end December. FDA the following year. Got to get TexRADLung CE Mark soon surely. Missing link below. https://audioboom.com/posts/6216953-851-satellite-solutions-worldwide-sat-and-flying-brands-fbdu?t=0

Evening Horsford / Bob, am happy with the company and podcast implies confidence with product. Hoping the CE mark is obtained soonish but suspect it will be a month or more yet. No real point in rushing whilst we remain in summer doldrums anyway. Although I give charts little credence I am advised by a chartist friend that share price is unlikely to drop lower than 2.275p so if he is right then we are near to bottom.

For the Feedback section of the podcast go to 21:45 mins. http://www.branduk.net/ Trading update - September. Results - October.

ICIAP 2017 : 19th International Conference on Image Analysis and Processing. Towards Detecting High-Uptake Lesions from Lung CT Scans Using Deep Learning - Thursday 14 September - Interactive Session 2. Krzysztof Pawełczyk, ; Michal Kawulok*, Silesian University of Technol; Jakub Nalepa, ; Michael Hayball, ; Sarah McQuaid, ; Vineet Prakash, ; Balaji Ganeshan, http://www.iciap2017.com/program/

The sad thing is Bo, if the company released the CE Mark news tomorrow I doubt the share price would rise. The seller(s) would simply sell into any buying strength and negate a possible price rise. Far better, I suspect, is to hold back the CE news and any other good stuff they have squirreled away until the seller(s) have finished and release all news items from that point forward.

Also, while it occurs to me, consider that the drop in prices quoted today is substantially false. At the beginning of trading today the actual quote was 2.35p (sell) - 2.349p (buy) whilst the quote showed 2.37p - 2.42p. Now the actual quote is 2.35p (sell) - 2.348p (buy) but the quote shown is a more accurate 2.35p -2.37p. Still not right but definitely more accurate. Today's supposed price drop is false. Only the MM's can tell you why.

When TB sold 11 million, I reckoned the MM's were short by about 3-4 million and buyers came in and took about 4 million off the MM's. That left the MM's holding around 3.5 million on their books or so I thought. Since then we've seen the share price start dropping for no apparent reason on 1st August and two weeks later it continues to do so. There's been little significant trade in those weeks and I doubt holding figures have changed by much until today. Maybe the MM's now have 5 million or so on their books but most of them are at a much higher price than the current one. It is not likely that they have benefited from the price fall except, perhaps, by acquiring lower priced shares to reduce their overall price paid. Any shares the MM's sell to buyers at present are loss making for them. It's clear from the on line quotes that the MM's are reluctant to take many more on board from sellers such as ourselves. They seems to have a bigger fish than us who is supplying them and even they have to accept a price outside of current quotes if they wish to sell in any degree. I wish I had a better understanding of what is occurring right now but I do not. Only my faith in the TexRAD product keeps me calm but, truthfully, I wish these sellers would finish and we could get back to something more orderly. Keep in mind when the price dropped so heavily on 1st August it was not because shares were being sold in large amounts. That was a MM led price drop not a seller at large.

Having just seen a delayed 400k trade which is certainly a sell, I may have to rethink the 2 x 200k trades as corresponding buys. It's all very difficult to judge right now. Smoke and mirrors everywhere.

Morning all. We have a seller in blocks of 200k but not everything is a sell today. Current prices are 2.35p to sell and 2.349p to buy. So the recent situation continues whereby it is marginally cheaper to buy shares than to sell. This is a continuing puzzle as no large sale has every been announced which would have explained the current price weakness. Toze, thanks very much for posting the response you got to your questions. Very helpful information to anyone suffering from frayed nerves at present.

https://twitter.com/charles_ferte/status/896978085148536832

Limits of radiomic-based entropy as a surrogate of tumor heterogeneity: ROI-area, acquisition protocol and tissue site exert substantial influence. This report was published online today and TexRAD gets plenty of mentions. The information in it goes way over my head but here's the link for you clever guys out in the web universe. https://www.nature.com/articles/s41598-017-08310-5

They are trying to offload Bob. Trades showing as 2.3995p are buys from the MM's, trades showing as 2.4p are sells to the MM's. I know the prices seem back to front but it's been like that for a few days now. CE mid to late September for me.

Afternoon Bob. I guess there just wasn't a large sell trade after all. So that leaves book balancing and shares are pretty easy to acquire at the moment (500k at 2.3995p) which means the books aren't balanced yet. I don't think there are too many of TB's shares left - at most I would say 3 million. The CE mark news should easily cover that sort of number but if I were in charge of the company, I'm not sure I'd want to release that news into an overhang. Think the CE news could still be a few weeks away from being released.

Hi Bob, the price drop on Tuesday certainly indicated a large sell trade was in the works. During the price drop we had a couple of days when buys exceeded sells by around 4 million shares in total. Then yesterday and today the prices to buy and sell were (almost) identical and I found it impossible to judge the buy / sell ratio but the total number of shares traded in the last 2 days was only 1.3 million so even if they were all sales to the MM's, and I'm sure they weren't, then the MM's were still down 2.7 million. If there isn't a hidden sale then I reckon the MM's books are now cleared of Trevor Brown's 11 million and they have lost tens of thousands of pounds on the deal. There was no logical reason I could see to have reduced the share price as they have other than them having inside information of bad news. I'm fairly certain I'm right in saying that no delayed trade, no matter how large, is supposed to be held back more than 3 working days after the day the trade was enacted so we should have seen something by end of today as the price drop started on Tuesday. If a large hidden sell doesn't appear early Monday I will have to assume there never was one to begin with. Re your idea of book balancing - that's a possibility and it all started on 1st August which, I suppose, might be a significant date. I'm still of a mind to think there's a trade hidden somewhere, at least I hope so as then this price drop would make sense. Without it I can only come to the same conclusion as you, the MM's have been told to balance their books and it's cost them to do it.

More like this Bo. https://www.youtube.com/watch?v=eMbgEqDwOIk

Hi Bo, I'm still getting the same prices I posted earlier. I don't think the MM's are giving away their 2.75p stock at a loss. I strongly suspect the got a lot more stock last Tuesday and that was at a lower price and this is the stock they are passing on. If I am right then we should see a very large, delayed sell at a low price appear later today. I'm pretty certain that this trade I am expecting cannot be delayed any longer than the end of today. I hope I'm right otherwise the MM's are just clearing their books for whatever they can get and I don't like the sound of that.

Hi Bo, I'm still getting the same prices I posted earlier. I don't think the MM's are giving away their 2.75p stock at a loss. I strongly suspect the got a lot more stock last Tuesday and that was at a lower price and this is the stock they are passing on. If I am right then we should see a very large, delayed sell at a low price appear later today. I'm pretty certain that this trade I am expecting cannot be delayed any longer than the end of today. I hope I'm right otherwise the MM's are just clearing their books for whatever they can get and I don't like the sound of that.

2.40p to sell - 2.3995p to buy.

...without the delayed large sale being displayed. It must be revealed tomorrow. If we don't see by end of tomorrow then it shouldn't exist. If it doesn't exist then there was no good reason for the drop we've seen this week. Interesting that on a day when the share spread was completely non-existent almost no one turned up to take advantage.

I can only guess that one of the MM's has agreed to acquire a large number of shares and as he wishes to shift some on then he has moved his price down to equal the sell price. If that doesn't work in drumming up trade then you might see a buy price lower than the sell price like we had briefly a few days ago. Be on the lookout for that again.