Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Bit cryptic. More info on NMC one.
Yes tough call at this point. Fin does appear to at least have a viable business, nor as yet is there any doubt as to the accounts etc unlike NMC, were Muddy Waters have sown the seeds of doubt, resulting in frantic SP falls and panic selling. Fin have had a double whammy of a cyber attack and then the revelation of the Major shareholder pledging his very large holding against a loan. I also gather that when he sold off 6% of his Fin holding recently it was at a discount to the prevailing SP which damaged sentiment even further. Certainly has not helped having a major shareholder linked to NMC . Has all added up to a state of fear and panic, bit like NMC, . I am (hoping ) the worst may be behind us now, and recovery in sight. I think we may well find out in the coming week. But good luck whatever you decide.
Could be. Wonder what the SP was when he took out the loan? He could be well under water now with this SP tumble. But the loaner might be better of retaining the shares in lieu. of payment rather than selling down to cover margin calls
Perhaps that would explain todays mystery bounce. Been watching this for a while now. L& G have been dumping recently which has hammered the Sp. Last holdings RNS said they are now below 5%.
What has done most damage to this share,...the cyber attack or the revelations that 56% of the stock have been pledged against a loan? In the RNS of 8th Jan, apparently the book build was oversubscribed at 135p per share. Now look where we are! Something is not right here.
Could be an update on the cyber attack shortly. Last one nearly a month ago now (8th Jan). lets hope it has been sorted once and for all and things get back to normal!
An ii dumping? I know some funds have rules regarding their holdings and if the SP goes below a certain threshold they just dump regardless of the SP. Frequently when they finish there is a bounce to more realistic levels.
Thanks for that Nano patents link. Lol. Utter gibberish except to those in the know! Looks like they have covered their backs thoroughly. But obviously these have always been in the public domain and is presumably the very reason that buyers have been attracted. Either they don't have the tech themselves, or they could be in danger of patent infringement, which can be very costly. May be the reason they have failed to commercialise is too many boffins and not enough businessmen!
Yes, one more box ticked and another step towards the all important license! Would imagine the local population are well aware of Bluejay and its' plans by now ( and from what we have been told would appear to be generally supportive) so perhaps the 'public consultation' may not be too long or too difficult.
That is a pretty good update for a company with a new brand and products that are less than a year old. it seems they have been limited by manufacturing capacity but that is now sorted. The list of distributers is starting to look very impressive. Volume is the key to success now, as I am sure Nick is well aware. News on seeds sales should follow shortly by the sound of it. Getting enquires from abroad as well.
I think you are looking at the 'official' bid and ask prices. Normally buys/sells will be within that range, with the 'mid price' being roughly half way between the two. Generally you will pay a bit less when you buy and get a bit more when you sell than the 'official' quote. As for there being no change, the company has around 686m shares in issue so it takes a fair amount of buying or selling to shift the price up or down. A few million here and there is not enough, hence the quote stays the same. (if that is what you are asking?)
On the bell. RNS tomorrow?
Are we running out of steam? Big 500k sell. IMHO despite all the speculation on this BB, we will either sell for a good price or not at all. The 'formal sales process' does not have a very good track record, very few seem successful. Buyers don't seem to like it. And if the company up for sale is in financial trouble ( and most of them are when they kick of the strategic review and FSP) so one wants to buy them anyway. I hope in this case Nano might be an exception.
I remember with Burford short attack, afterwards they claimed that a kind of spoofing was going on. Putting in sells and then withdrawing them immediately in order to confuse the pricing bots and cause exaggerate and false falls. Looks like that could be happening here?
Ok I know buys/sells not 100% accurate, but seem to be level pegging. So drop not really due to selling pressure. Could be an orchestrated drop by MM's for the shorters to close out?
Regardless of who the potential buyers may be, anybody who wants to buy Nano is going to have to satisfy the ii's who collectively own 60+% of the company. I just don't see them accepting some low ball offer since their averages are considerably higher than current SP. In a sense, they will be calling the shots when it comes to any sale.
That is the most hopelessly vague trading update I think I have ever read! Really pathetic. Company has gone into 'bunker' mentality, just doing the minimum to comply with the regs, and not even daring to put any figures in. Not looking good. Was tempted to invest here recently considering the severe fall from the SP high but not yet!
Too slow! Need a faster hosting. Sort it out Nick! Who wants to see 'waiting for response......etc. Tempted to back track. Glad they have the top spot on Google though. Easy to find even if you have wait all those tedious seconds....!