Mike Ralston, CEO of Blencowe Resources, explains the significance of the MSP for Orom-Cross. Watch the interview here.
‘Multi bag’ ‘game changer’ these are Tek businesses remember, we’ve heard it all before!
Even MS at its height of double the float SP didn’t really add much to the Tek SP.
even if the Tek SP doubled off the back of this it’s still double of deck all compared to where the majority bought in and I seem to remember at that point the same posters claiming £1 by Christmas when MS got FDA clearance!
Agree Lord, this is small potatoes!
The money is in big contracted amounts but they’ll need to sell a lot of salt to make a profit. I’m not sure that can happen at the costs they want/need unless there is a law change on salt content. The costs must be the reason for the lack of progress with large brands.
Let’s hope I’m wrong.
Nvidia SP seems to have settled. Some money starting to come back into this share. Over sold on the tech news in the US and Asia yesterday IMO.
Should see normality resumed now I hope but US employment figures and interest rates will be a factor going forward. A very good buyers price now.
What a great post and how true!! But, perhaps that's exactly why this could be a take over target. The only thing wrong with this business as per all the other Tek portfolio (including Msalt which still has no decent orders and is sinking) is the management. They seem to take leading tech and ruin its business potential and more to the point treat share holders like mugs.
Been following this for a while and I agree re; ramping, some real BS on here and NAV is not a good guage for SP in penny shares. A lot of penny shares have significantly higher NAV than reflected in SP value. However, sub 1p today is too good to miss as this share bounces around at 1.1/1.2 which will be a nice little earner. A positive update and who knows.
Agreed TT.
I like his approach to share holders when this first came to light. Good comms is crucial and addressing the concerns as well as possible to settle nerves says a lot about him. I wish there was similar leadership at Tek and the Tek portfolio.
Great article! This is also great tech with huge potential in a massive market.
Good to see some real commercial success with bright forecasts (eventually).
My only concern is that they don't learn from previous mistakes and get the manufacturing capability in place to meet the demand. Hopefully we'll also see some more proactive comm's now they have something to shout about.
Great article! This is also great tech with huge potential in a massive market.
Good to see some real commercial success with bright forecasts (eventually).
My only concern is that they don't learn from previous mistakes and get the manufacturing capability in place to meet the demand. Hopefully we'll also see some more proactive comm's now they have something to shout about.
At which point the SP value could be close to feck all on this trend. If your correct about the improvement, even if the SP doubles in a day it'll still be double feck all compared to where most long term holders purchased!
I've been extremely patient as most have and the tech is great but it amazes me just how easily pleased people are when our money is dwindling away!
Well, it can't be a worse couple of weeks. One trade for MS today! I hope not but suspect that its doing what Bell and Tek have done before, flown on expectation and then sunk based on poor performance, management and lack of comms.
So frustrating that these business have so much potential but seem to be led by such un-savvy management.
Tek are or have been the major stakeholders and they are responsible for getting those businesses away with the best team in place and they are or should at least be working for their share holders. I don’t see that connection and I don’t see any leadership.
I sincerely hope you are right but so far we've not seen any proof that the leadership have that ability.
Bell for example, great tech in a world that demand for this product should be massive yet failure to deliver and a SP a fraction of what it was before the device was on the market.
Microsalt, a great SP vs time of float but no serious orders just a few bags of crisps. As I've said before, contacts in the food industry that I know are aware of discussions between at least one major brand and MS but the cost meant they walked away
There is no doubt that the products and potential is there with all these business's but there is nothing to show any commercial savvy and the communication is non existent. For example take SRT, great product and great potential with huge contracts in the pipe-line yet SP crashed due to legal issues some months ago, the CEO came out to clear the air and make a very positive statement about the future. Where is that leadership at Tek? Yet SP trickles away day by day and absolutely nothing from the Tek leadership to support confidence,
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