Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just doing some maths today. The derampers cry the vaccine will destroy this and other covid stocks - the sensible amongst us know we will live with masks and tests for some time.
To put that in perspective:
65 million people in the UK. If they could vaccinate at an average speed of 1 jab per second 24 hours a day, 7 days a week. It’d take 752 days or 2 years to immunise it all.
The current vaccine is two jabs so double it!
Then there’s the other 7-8 billion to worry about around the world.
Life will be different for years to come. January production will matter not one bit!
If the 4 ply can be certified then the bit that Pharm2farm make (the antiviral layer) must be fine. The other 4 layers are the same layers that they make in ordinary masks so they should be able to tweak that quite quickly you’d think.
A lot of talk today in here about an rns strategy to get the price down for the city folk to get in cheap. Can’t see it myself as this is already cheap. 3 per cent of this company is only £870k so if some so called big boys are going to jump in then we’ll see a TR1 soon.
I think After having his knuckles wrapped Gareth is using the rns platform like Twitter and wants to keep people informed.
The detail in these is getting better and better. We should start a ramp of the year award ceremony.
Yeah... I heard Avacta's Finance Director lives down Acacia Avenue too so it probably is!
Showmedamane - I think you may have answered your own question.
I know the BOD haven't proved themselves the most reliable of people but I'll take my view on the status of the machinery from an RNS over a the musings of faceless BB contributor.
Think I’ll buy Dr Cave a crate of this when the next RNS lands:
https://www.amitybrew.co/shop/p/bigger-boat-dipa
I was working on this basis too, but I wonder whether actually it has gone into the hands of PIs as we are now on the 6th working day after last Tuesday when BFH started selling.
The sheer volume of shares traded makes us think there's a big buyer, but if BFH sold £17.2 Million worth of shares at £5k average investment (which seams reasonable) that's only 3,440 investors - highly possible..
If so the bigger boat has just sailed into some white water rapids.
Ah I get you. We'll have to see if a TR1 emerges. My guess is that they are leaving all comms to the last minute to keep the price as low as possible for as long as possible.
If someone on here owns £5M then we'll see the TR1 shortly.
Will give Mr Greens something to keep himself busy with all day though.
Interesting timing of the article all the same. I bet some good news is due in the morning and this is a ploy to hold back the SP.
Struggle to see it as insider information. He was citing market demand then said ‘lots of things in the pipeline’ - id hope there were - you wouldn’t expect a ppc to be sat doing nothing.
Saying an RNS was due is probably not so smart but what’s the actual impact here? Gareth gets a telling off?
No doubt this will spook more people in the morning. May suppress the impact of expected good news. All temporary impact though.
Fair play FigTreeHarry. One way or the other Monday morning will be interesting. Should keep the nonsense down on this board at least.
Kalg - I don’t think it is the warrants and options. Those shares don’t exist yet and they are listed separately on the page.
I don’t think there is a new shareholder. I think the company has bought itself.
Wonder if Myles McNulty and the small cap Twitterati will offer a view in the morning?
And for clarity - ‘not publicly held’ isn’t the same as a director shareholding. If the previous director shareholding was ‘not publicly held’ they wouldn’t have been able to unilaterally decide to sell it on the open market.
Potential, very optimistic, scenario.
Rms leadership knew Ryan and bfh wanted to sell and that would crash the share price. But they knew the potential value of this product,
They acquired (probably borrowed money to do so) the shares on the open market as the others were selling building up 20% to hold in treasury (they haven’t confirmed that on website yet as that will have to come in RNS first).
They believe mcap will increase imminently meaning they get double bubble on their financial performance: profit from the masks and share price increase.
No expert here. Just speculating. Definitely not ramping.
If they have they’ve played a blinder.
Maybe orchestrated by Dr G - isn’t his brother a banker?
Not in public hands.. Google “stock buy back” - suspect RMS has bought the shares back from Braveheart and Paul Ryan to hold in treasury potentially to sell later to raise cash.
Reduced the free float and indicates they expect prices to rise.
May save a placing further down the line.
A few things to calm any nerves over the weekend.
No way the BOD can sell P2F without a shareholder vote.
Trev and Paul can get away with selling their shares at an opportune time for themselves, but they can’t get away with acting outside the directors professional code of conduct - they could end up in prison, then they’d be spending their new found millions on spice and snout.
There is most likely a big new buyer in the background. Rules state they have 2 days to inform the company they have passed thresholds and the company has 3 days to inform the market. So 5 days. Most likely these communications back to let someone buy in big time while the price stays low with many first time/nervy PIs willing to comply (it’s morally questionable, but it’s within the rules). We’ll likely find out Monday almost definitely by Tuesday.
Paul Ryan was selling lots of stock at 5.1p on Monday. If someone has amassed more than 30% of the stock then they will have to make us all an offer for our stock at 5.1p minimum assuming they bought on Tuesday at that price.
Absolute worst case scenario. Is that Paul Ryan triggered a share price decline and they started buying up around the 3.9p that Braveheart averaged their sale at (and that’s a weighted average so we have to assume they sold either side of that).
If you want to delist a company or take a controlling stake once you have taken 30% of it you have to offer to buy out all shareholders at a price no lower than the highest price you’ve paid for a share in the last 12 months.
And frankly if this product is going to the moon and someone has taken more than 30% the smart strategic play is offer everyone the year high of 7.2p so everyone gets the hell out of dodge quickly and you go off into the sunset to make billions.
SO if there is a TR1 on Monday with a greater than 30% stake expect the market to keep the price down so they can buy cheaper shares on the open market from inexperienced investors who don’t know the rules. If that happens and you sell - you’ll kick yourself.
Just regarding the scenario outlined about Volz accumulating shares and colluding to move Pharm2Farm out of their business.
I'm no expert on these things but here's my logic - tell me if I'm wrong:
1) If Volz, or anyone else for that matter has been accumulating shares to control the future of Pharm2Farm or stage a complete takeover then we have to assume they've bought shares from Paul Ryan as part of that first dump - his average was £0.051
2) If they want to make a play to move Pharm2Farm out of RNS and under the Volz umbrella then surely based on the fact that Braveheart and Paul Ryan are now completely out they'd either need a 50% shareholding to themselves or 31.6% of the shares and Gareth Ryan's approval
3) In any scenario if Volz, or anyone else now own 30% of RMS they need to make an offer to buy the rest of us out at a minimum of the highest price they paid for any shares in the last 12 months. Assuming they bought from Paul Ryan they must at least offer the £0.051 to the rest of us meaning a 70% premium on today's close and not too far a fall for anyone who bought at the top of the spike.#
Surely if it's an attempt to get the Pharm2Farm product out of RMS completely then that's got insider trading and directors acting outside of the interests of shareholders all over it and they're in a world of ****
Potentially - BFH and Ryan don't really know what to do with a mask manufacturing product from here and see the opportunity to exit with some decent cash in their back pocket and leave it to someone else to drive it forward.
As I said I'm no expert so if I've got that wrong - let me know.
Clue’s in the name. Left Newcastle for Leeds to be closer to Avacta HQ, you know just so I can smell the scent of Affimers in the air each morning!
Xxxyyyzzz do you know what the lft is? Maybe read the RNS again.