Member Info for HarChris

I highly doubt they'll be that aggressive with their expansion plans/acquisition targets for there to be a raise at any point but if there is a raise it will absolutely 100% not be any time soon at this sort of share price...

Absolutely Kaeren. There's far more chance of a share buyback followed by a placing a few weeks later at a share price three times what barnetpeter just suggested...

It might be a stretch to say failed targets (plural) in the past is the reason for the low share price/lack of investor confidence now but UKsteveg's reply seems more than fair enough to me.

butchers, I agree. I think the company will know that x, y and z must be done to turn this around but there is no point trying to prop up the share price artificially until that point. I would much prefer for it all to come one after another over a period of two or three weeks to turn momentum on its head.

I still think it will so am happy to wait out this quiet period and have confidence that eventually they will get this right. I would be far more nervous if they were putting out what I considered desperate rns's...

ValJu, personally no I don't see a company explanation as necessary as I think I and most others on here at least understand why we are where we are. If there was no dispute ongoing, we knew we had £150m for example in the bank and the share price was here then yes I would expect a statement.

Just my opinion :)

And it's certainly not plummeting, it's very much found a (very low albeit!) base around 340-350p. IF it suddenly fell below £3 then that would be a plummet, not the odd percent following no news.

We know plenty of reasons why the share price has gone from £12 to £3. The fall from £12 to £7 could be considered normal AIM volatility seeing as the share price started last year around 10p. The further falls have come from a dispute with novacyt's most important client, a sector wide loss of sentiment as countries (particularly the UK) begins opening up their economy's amid confidence in the vaccines.

We've said on here for months now that the share price won't recover until the long term strategy is revealed and/or the dispute is sorted. If two weeks pass by and none of those things have occurred why is the share price going to suddenly recover?

The market is also taken in nowadays by bullish company forecasts and expectations and punishes those companies with conservative (even if far more realistic) forecasts.

10% off Fortune's 'sweet spot' - if V creeps up ever so slowly from here both the company and us holders should benefit considerably, if it instead spikes us holders should benefit considerably even if the company less so.

Strong bounce off $31k for bitcoin yesterday, expect Argo to match that and hold its gains today.

Although we probably all agree that the further fall to 89p isn't covid related...

https://mobile.twitter.com/MylesMcNulty/status/1402175110811893761

Despite seemingly timing his entry poorly in this instance with 4D Myles is one of the few twitter investors it's worth listening to...

Decided to top up for the first time in a while just now - pretty confident we'll see a reversal in the not too distant future.

Don't get me wrong, I consider Saylor genuine. I think he believes that bitcoin has the potential to reach a market cap at least close to gold's market cap and probably even more so with articulate and passionate folk like himself stepping forward as self-appointed figureheads. He has committed wholeheartedly in such a way that Microstrategy either fails or becomes an absolute behemoth of a bitcoin holding company. Personally I think a lot of the tweeting is inane and I think the huge debt MSTR is incurring is starting to look like desperate gambling but fair play for following through on the strategy.

I'm just saying that there is often the narrative on here that the commitment of the likes of Saylor and to a lesser extent Elon Musk is a sign that bitcoin will be a success which is a narrative I don't agree with. All the investment products that are being made available offer huge potential but there is no guarantee yet that it won't flop and money moves out faster than it moves in. In my opinion the next 6 months is critical... if more and more come online and the likes of Tesla continue to add more (rather than reducing) on to their balance sheet then I think there is no doubt that bitcoin will at the very least see a considerably higher ATH than $64k in the next few years and there is still a chance of reaching targets like $250k. However if it doesn't occur and bitcoin falls back into its normal long bear cycle I think there's a chance that the opportunity for serious institutional adoption will pass it by.

Good luck PJx, I hope TCR2 makes you a very rich man or lady.

Far too many factors and far too little information from the company to calculate accurately - in my notes I pencilled in a guess of 225-250 a month.

Well Gatti predicted £1 today so is probably waiting for some share price weakness to jump back in and make another incorrect prediction.

Since I entered the fray here in 2020 (which is relatively recently ) there's been general agreement that H1 2021 was all about laying the groundwork for H2 2021 and beyond. We are almost there now, the price of V is rising/at a very healthy level, the structural weakness that suggests V is going even higher, interest/production of VRFBs gathering momentum + ESKOM tenders in July. The mgmt will be fully aware of their failure on the marketing front previously and must surely have a plan to get things right finally. The fact they are separating the Bushveld Energy updates going forward is a definite positive move.

It's much easier for folk like me who haven't been invested long but it also seems a strange time to jump ship if you are a LTH that endured the past couple of years and may finally receive the long awaited returns you've been expecting.

And no nobody buys to make a loss but many are attempting an early move like Tesla in the hope that others will follow. Tesla will have weighed up that risk and decided that it was one worth taking with a small percentage of their treasury reserves, it doesn't guarantee it's going to happen.

Mickymix as long as you acknowledge that's merely your take on it rather than fact then fair enough. There is no evidence that any manipulation of the type you are describing is taking place, in fact those institutions/big holders like the Winklevoss', Saylor have been pumping non stop and are in no way wanting to see it fall so they can scoop up more. As for institutions there was a massive buzz around them joining en masse at the start of the year but on the whole it fell flat. Yes there's definitely been some but nothing like the level that is required to reach the sky high predictions that are bandied about.

I agree that with what you said bitcoin isn't going away, I very much lean that way now. I also think medium term there isn't muck risk of it going a lot lower (for any sustained period of time) and think it more likely will attempt a move back towards ATHs but there's absolutely nothing to suggest that there will be the trillions of dollars of new investment over the next five to ten years to reach gold's market cap.

It got to $1t market cap with minimal institutional adoption thanks to the belief that trillions more was coming, to get back to it and beyond the likes of Tesla adding $1.5b to their balance sheet needs to be ten a penny.