Member Info for elcap

What?????? Really are you blaming PI's for the rise then fall back of the SP? For the record. I've not sold any this past week.

My NOrdic Track bike, rower & treadmill are all ordered. Just waiting for them to be delivered. Then my get fit campagin starts.

Stop ramping Baserite. (lol)

Baserite, I do not see a conflict. If I sell some into a rise and it keeps on rising I am the one who has lost out. If I keep an amount as a trding pot, to be buy and sell any shares I choose, are you sugesting that I can buy/sell any share as long as it is not SAR, because that is duplicitous? Really? I have my main holding which I add to whenever I can, but I have a trading pot that I use as I see fit across the entire market. If it does well then I can increased my main holdings. I really don't understand why you have an issue with that. I still want the share to suceed. (My main holding is increasing all the time). Unless of course no one is allowed to sell any shares. For the record, please can you let me know what is the price (if there is one) that we are all allowed to sell at.

I topped up the a week or so ago. Sold some of another share to get the cash. If this goes up I will sell the same amount of shares I bought and put the money back in to the share I sold. A quick in and out whils tthe other share is not moving. I make no apologies for doing this.

I was in a work zoom meeting and email alert popped up to say SAR has gone to 2.50p. Put a little smile on my face.

Stork and everyone. The RNS actually said:

"the Company has now received several proposals including a proposal from a credible party for the potential acquisition of substantially all of Company's assets."

I read that to be EUA have received several proposals for elements of the business and one credible party has put forward a proposal for pretty much ALL of the company's assets.

RMR - I agree with you. Looks like an offer for ALL the assets was made outside of the FSP and as such EUA have decided to pursue that option, hence the end of FSP. Looks incredibly promising.

Only bit I disagree on is the footy. Come on Utd!!!!

aimho

Elcap

Knees and toes.

Sorry I couldn't resist. (Now I've got the song stuck in my head!!)

I have stopped doing bed & isa's as I do not "invest" more than £20k per year. I instead just purchase shares directly from my share ISA account. That way no need to worry about transferring.

Casper - Whilst I agree with your comments, and I too think this share has a great future. Please can you refrain from writing in lower case and upper case as you do. I find it really annoying. Upper case means you are shouting. It gets very frustating when reading. As a result I tend not to read what you are saying most of the time because I find it so frustrating.
Perhaps it's just me, I don't expect you to change, you will probably have a greater impoact with your emails if you don't kepp using upper & lower case as you do.

I took a punt on this one after noticing it on at the top of the Fallers chart. I looked at the RNS which seems to say the drilling on the whole showed pretty good results but there will be a delay. Markets don't like delay, so on positive the resource is in the ground, on the negative it is going to take longer to get it (than hoped). I am taking a punt that the market has over reacted. In 12 months time the SP could be much much higher. So I will pop these in the proverbial "bottom drawer" and see where we are in a few months or even a year.
AIMHO GLA
Elcap

Hi Bennster - I do find the whole process incredibly interesting and nuanced. I have friends who are "city traders" for various different companies, and my cousin also used to work as a trader. I have had many discussions with them iro AIM and penny shares in general. The concensus seems to be it is the wild west compared to other markets. Tree shakes to trigger stop losses, late reporting of trades, dummy trades and other tactics can be used to encourage / make a market. It is not as straight forward as it first appears. Add into the mix rampers and derampers, shorters, forward selling, charters, it makes for a very intriguing game. (ps. Whilst MM's are not primarily looking to make big money on the trades, they are not going to turn that opportunity down to make money on trade price if the opportunity presents itself). AIMHO. GLA. Elcap. (Bennster - thank you for indulging me on this fine Monday afternoon).

That's a first for me. I don't think i've ever been filtered before. Hey ho.

Thank you Bennster.

I understand how the market works. It frustrates me when people make sweeping statements, that's why I started the questions. I sometimes feel the need to call these people out. Although Bennster never actually responded.

For the record, regarding the RNS's, there are always people / businesses who know about an RNS and it's contents prior to it's official release,. Bearing in mind the PI's are always the last to know anything, it would be naive to think MM's or II's do not become aware of price sensitive info prior to general release, and as such have the opportunity to benefit from that knowledge. Of course I am definitely NOT implying any of them would of course.

So Bennster's comment earlier that you cannot have a seller without a buyer (or vice versa) is not factually correct. Unless you count the MM's as either the buyer or the seller (which I don't believe Bennster was).

I'll cut to the chase. Can the MM's carry a float of shares?

Please see below article on MXC (by Alistair Strang) taken off ii website:

"MGC Pharmaceuticals Ltd
MXC is a relatively new listing on the London Stock Exchange, and offers research and medications derived from cannabis.

MGC is already listed on the Australian exchange, showing a relatively stable history for the last few years. Its website lays out global ambitions, and there's little doubt the listing in London has provoked some interest in the share price’s future.

Currently trading around 3.6p, the share price need only better 4.9p to tick a pretty major box in a tier of calculations which allows price movement to an initial 7.4p. If exceeded, our secondary longer-term calculation works out at 10.5p. Surprisingly, we not if similar logic is applied to their Australian listing, this permits a high at 21 Australian cents (12p).

At present, we cannot comfortably calculate beyond either secondary level and believe we shall have to revisit the company should such targets make an appearance.

As always, there's a risk of a downside. Currently, it looks possible weakness below 3.4p risks driving the price back to 2.6p. We cannot calculate anything below such a level and would expect a rebound, if such a number ever appears."

Upside looks sizeable.

GLA DYOR
Elcap

I'm still a newbie and I've been here almost 8yrs!!