Member Info for HarChris

I don't think it's black and white that we're in a closed period because of the dispute, it's been going on much of the year now and yet Raimondo bought 10000 shares in July. It would however look pretty fraudulent if the BOD bought in heavily at this price a few weeks before a resolution in our favour that sends the share price rocketing.

Looking back at that July purchase we can conclude that no news was forthcoming in the near term so really in all honesty it would be best to see no more director buys until the dispute is resolved. If there are any director buys/sells we'll be able to read a good bit into it just like we were able to six or seven weeks ago...

Are you actually this confused? Forget about other sites, this evening the TR1 rns (which will be the most up to date) states T Rowe crossed the 10% threshold. This is a sizeable increase in their holding...

Where are you getting this from? From my records we've not had a TR1 from T Rowe since early November (~5% held then) and now we've been notified to say they hold 10% of the company - this is a major increase rather than 0.34%???

Hahaha Kaeren so on point.

Naughty naughty MassiveRay!

Sorry StarBright, to be honest my post was more experiential than fact. Maybe it's the lower liquidity that small caps tend to have, maybe it's simply to do with psychology - investors know that small caps are volatile and if entities are going short perhaps they are aware of something or have very strong conviction that it's going down?

In all the shares I've ever tracked and followed I've evaluated the relationship between the declared short level and share price and have found (obviously just my own analysis) that in the short term it has a substantial effect. Maybe it's bs but either way I'm pleased that WQ and others aren't seeing downside from here...

I agree in part with Bluelight but I also think shorts have far more power to influence and manipulate price of small cap stocks like us than they do with large cap stocks, even if they are only short 1%.

In my experience with small caps seeing shorts increasing is nearly always going to lead to short term share price pain. It doesn't guarantee it but it makes it that much more likely that the share price will have a hard time recovering until they've dragged it even lower and are satisfied with their gains.

However small WQ's short was I'm pleased to see it reduced to less than 0.5% now.

Quarterly production updates are more than regular enough.

It's amazing how often small cap AIM stocks follow the same pattern. Personally I didn't think the RNS on Wednesday or the investor meeting was going to be enough to see a rise of 45% over a few trading sessions, it just goes to show how important sentiment is and how big the moves can be once you break out of a downtrend. Especially if the share price has been beaten down to such a degree like we've seen here.

Not interested in making short term predictions, we should all have enough confidence now that the business will continue to deliver and any hairy moments share-price wise will only be temporary.

Don't agree to be honest. AIM is a challenging market to be invested in and even people who do generally think for themselves might need some guidance when things are moving against them and at speed.

Many of us, me included, made the most of the opportunity last week but those who nefariously used this platform to encourage others to sell or not to buy as they wanted the share price lower should be called out for what they are - low life individuals.

Exactly Kaeren. This new iteration of macmdude is planning to go through everyone's posts today to dredge up old comments whilst we aren't able to because their history has been wiped. However some of us remember many of the negative and disruptive comments that were being banded around last week to spread fear on this board. One in particular sticks in my mind following the great few days we've had and it was posted just last Friday:

'Do not listen to this board, 289p is not cheap at all in fact it's way too expensive for these shares. Wait for 270p.
Thanks me later!'

If anyone did hold off buying because of comments like yours last Friday then they sure as hell won't be thanking you today.

MacMdude back on yet ANOTHER account to attempt to seed some doubt over the weekend... I suspect it won't be the only new account we see over the next 48 hours.

Have to agree it really isn't great form to be throwing out such exaggerated predictions having got them so wrong in the past. It's also no excuse to deliberately use 'crude' calculation metrics when we have real, genuine ones to use.
I'm all for your positivity but if you're going to go into rampy overdrive you are going to get pushback.

Anyway here's to hopefully another solid day today!

Anyone notice that Macmdude's deleted his/her account and their other accounts have fallen silent besides an attempt to deramp pre opening yesterday? Just a few days ago they were stressing that 290p was waaay too expensive as it was definitely falling to 270p. And we were told that they were posting altruistic as they cared about their fellow investors.

Good riddance I say!

Shaun never bullied the share up, he was always conservative in his predictions, sober, and never ramped whatsoever.

He exit sadly wasn't as dignified.

I know what you mean and there's simply no way of knowing what will happen further down the line. The thing is with traders though is they are more likely to buy this morning at 360p than they were last week at 290p, they want to buy shares on the rise that have momentum, that have breached important moving averages etc

To really push on through the gears next week and beyond we will probably need a few updates from the company, would be great if there's an RNS or two soon to land...

ValJu that's not how traders work or think, they don't look for 100% gains, they probably look for 10-15% in most cases.

There will be selling all the way up but what matters is that every sell off is followed up/matched with more buying and the uptrend is maintained. The trend is your friend and that applies to AIM far more than the main markets.

I should add that this is crazy cheap at this level, it's just I'm not a bitcoin/argo bull so only really dip my toe in when ridiculously oversold. Which, I'd say, is at or about that point now...

It's not the last chance if bitcoin is likely to retest $40k...

Any significant drop this week from here though and I'm back in for the medium term.

Johnpohn if we were able to keep a steady state of £100m once covid is disappearing and an EBITDA of £60m (your hypothesis) we'd almost certainly see an mcap way higher than what you're suggesting.

There are many examples that show that but take EKF as one such business. £65m revenue, £17m EBITDA, cash £22m, market cap £360m. And that revenue is propped up somewhat by covid...