Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Just noticed that volume spike on Genel. Iraq commitment with opec another tick. Dno results saying they going back to full output in Kurdistan earlier…..hmmmm could be very close
It is pointing towards being sorted. The Iraq opec agreement with exactly the spare capacity that would come from Kurdistan. The energy minster saying they are close and then the kurd mp meeting with Turkey yesterday.
So not just me who thinks this putup “muppet” is a wet wipe.
In other news look what meeting went on today. https://www.rudaw.net/english/kurdistan/130220241
Lol you think all shorts are compute driven and don’t take anything external into account. Ok blinkers. Another window licker to add to the filter list on lse.
The shorts may have been deliberate plot to get price down for the funds or that fund to be buying shortly. Seen shares jump up quick with huge buys when added and likewise drop quick (avacta) when deleted from the fund with huge sells.
Positive none the less and will see a move shortly. Could be a good squeeze if pipeline comes back on line too
“ The Morgan Stanley Capital International (MSCI) indices are widely tracked by passive funds and any inclusion of stocks or increase in weightage of stocks in these global indices are expected to lead to inflows from passive funds tracking these indexes.”
“ Once a stock is added to the index, it is argued, demand will increase dramatically—and along with it the share price—as institutional investors rebalance their portfolios. And as long as that demand continues, so will the stock's price premium .”
Addition here. Will expect to some large purchases now.
https://app2.msci.com/eqb/gimi/stdindex/MSCI_Feb24_MicroPublicList.pdf
“Their costs are too high and margins may come under more pressure now”
They have reduced that cash spend considerably and are continue to do so. Take note of the reduced burn. So my point is valid.
Take a look at proactis takeover around £70m with 35m of debt etc. take a look at iris acquisitions. The so called “bad news” you’d expect is priced in now given drop of near 30%.
Net assets worth more than current mcap as I said.
Back in here. End of 23 they had 15.1m in net assets. So current mcap is less than this. Disjointed and wrongly down. I wouldn’t be surprised to see this being took private soon or approached. Move cash to one side from update. Company is valued at 5.5m? lol. So their IP, contracts, recurring revenue and annual fees are worth nothing basically.
Starting to rise again. Expectation of sanofi milestone payment very soon now
Https://x.com/forexlive/status/1742840833399816395?s=46&t=klceItdHWWIeRy0yz3tFOQ
Hey everything is doom though and desperation.