Member Info for firepisces

Poor performance. I was not expecting such a dismal year. Unfortunately it will take a lot for this share to recover.

do you know when end of year or annual report will be released roughly.

It'll do. With placing they raised total of £3mil. That is more than enough to cover costs of opening the US activities, as detailed in RNS 26 Nov.

OO raised £188,748

Results of OO should be tomorrow. Hopefully will also provide a trading update too or other additional info.

It is not a delay from IQAI's side. FDA have been asking for further info and verification. All normal. Great topup opportunity.

Indeed FDA misguiding the potential here. It'll come when it'll come. FDA approvals rarely complete within agreed timeframes. Major buying opportunity right now at these prices. Highly undervalued company.

Honestly? I believe the SP hasn't settled upon the placing of shares. The MCap was about 5mil before the placing.
So without any news this will drop to around 1.9. So news is needed asap from Slade's team. I think some news might be released after the OO is complete.

It'll drop below 2.15p imo

"* Vote for the Deal? - Delivers the will of the people"

people did not vote for this deal. This deal is worse than a no deal.

"The Open Offer will provide Shareholders with the opportunity to apply to acquire New Ordinary Shares at the Issue Price pro rata to their holdings of Existing Ordinary Shares. There will also be the opportunity for Qualifying Shareholders to make applications for New Ordinary Shares in the Open Offer in excess of their pro rata entitlements which may be awarded to the extent that other Qualifying Shareholders do not take up their pro rata entitlements."

from RNS 26th Nov.

lol based on what exactly

I wonder how many people bought into the OO of 2.25p?
Next trading statement/update will be an interesting read.

Maybe the market cap stated is too highly valuated.

I like the fact this company keeps shareholders updated regularly and are active on sites. Shareholders aren't left in the dark.
I've been following this company for some time and I want to invest but these companies always seem a bit risky to me. The fact a dividend has been announced is good but I will wait to read their Interim Results.

I don't see why anyone would want to invest in this to begin with

what news are you waiting for

Will be really interesting to hear an update on the Birmingham H2 Bus project.

They concurred a £8.1m loss for 2018 compared to 1.7 loss in 2017.

However considering they have only just released their platform (whatever the heck that may be - will need to look in further) it does seem they will gain more revenue next year.

With the ISO certification and the appointment of Korea Motion ISG to distribute the product for sure there will be more sales coming through and interests coming from other nations in the area.