Member Info for Fostany99

Some strong buying here now at 25p — Hopefully will hold —- AA corporate bond yields steadily rising IMO any good news here and there will be a strong reaction from the share price —- or just an absence of bad news.

It was always going to be difficult for this to go beyond 23/24p.......its previous high....imo there will be more selling to come....but once through there is lots of upside potential here based on the price history....a positive trading update would do nicely

The Q3 results should be available to the board by now....hence expecting an update positive or negative....I believe there has been a Jan update for the last 3 years all be it under different management — no update suggests no change from November update......or we are still waiting

Some positive volume here this morning hoping this holds above the resistance level.....hoping for a trading update by the end of the week

The 10 year deal and looks like as corporate bonds have risen back to November’s levels and could potentially continue to rise

No trading update then surely

Obviously they are going to need to raise capital like any business in their position....

Over £100m increase in revenue over the next 10 years — that nearly doubled the size of the business.

True - so that’s the reason there is going to be a double digit bounce back?

I am a holder here btw but also realistic after those results — I will be putting this to one side and looking again in 1-2 years when hopefully they will start to recover

FD resigns, pension deficit grown by over £20m, profit 50 % down and net debt expected to peak next year by their own admission and will come close to their current loan financing agreement — would like to see it but why would this see double digit growth in the share price after the latest update — there is a long road back yet surely??

Someone’s confident GLA

Really interested to see the next up date here even if it is the half year results on 14/15th November — the update in August mentioned COVID testing demand balancing the loss in demand on other products since that time COVID testing numbers per day in the UK alone have doubled with capacity over 4 times what it was at the start of August.......I am also wondering if anyone has any insights into the expected pension review due March 21 and what their opinions are?

The Mid Year results are due mid November either way??—- surely there has to be caution with issuing a trading update without knowing what Covid restrictions are going to be put in place over the next few month — there were a number of different businesses that issued two statements in March and April that changed dramatically

News has already dropped here it doesn’t need huge volumes to rise, if it breaks the 24p resistance this time it will hopefully continue to rise. GLA

Is there a cup and handle from Jan 2020?

Looks like lots of selling from people taking early gains but still lots of buying — in here before the end of year update and topped up Friday — if we are in for further spikes in Covid around the world surely this is only going to increase demand

Concerns over a second lockdown

This rise has nothing to do with a leak Zak Mir backed this today to hit 0.8 (based on some questionable analytics)....have sold here for a quick nice profit —maybe I’ll regret it on Monday or I’ve gone too early... we will see... but 10m worth of sells late today

Doesn’t that pretty much mean there will be no future placing a leading up to the drill?

Will be getting back in here as well — we are two or 3 weeks away from confirmation now — hopefully will get an update on the force majeure situation at the same time