Member Info for Henners007

Heartwarming to see Group General Counsel invest £100k in VOD shares at back end of last week. Encouraging.

Welsh Froggy - "increased trading" compared to what? Important to remember that share price has fallen from 1.9p to present level so much higher number of shares need to be traded to achieve same £ value three months ago.

Well said Sir. Erudite and on point.

Stop getting me excited (about the company's prospects of course)-

Agreed Dactions. Outlook very positive with no direct competitors, and the product being used for recreational as well as medical "situations", not straightforward to postulate sales, revenue, profitability over the next 3/5 years if FUM remains a standalone company. The sky is not the limit.

Excellent post. This is the type of anecdotal evidence required...............................

Mmmm, not sure at all about the statement "Potential 10 bagger medium term". I assume that is finger in the air.

Worth reminding ourselves that Val has just paid £170,000 for assets of a company that went bust, with a similar business model to Val. More time to ponder methinks.

Great set of results. Strategy appears to be bearing fruit post CoVid. They have also announced today design and build of new hangar in Jersey, Channel Islands.

Disagree with your take on the outcome of a "merger' with Ascent ILoveSushi. We will shortly receive 1.80p. Given everything that has happened with AMC, the extrication of 1.80p out of war torn, sanction embargoed Russia the AMC Board are to be congratulated. The balance is a free carry, and, if the Board recommend the Ascent offer (hopefully on improved terms) I would accept. Worth recalling that Shareholders rejected a much higher offer than was finally accepted (epic fail) and the BoD are closer to the action than us keyboard warriors.

Looks like you can buy it now, or at least make a reservation for the product. Has anyone translated into English? Appears it will only translate off the site into Dutch or French.

Possibly some of us pi's are putting £ signs in front of our eyes ahead of the absolute reality of the position we are in vis a vis our AMC shares. Rather unkindly RY is being lambasted as completely responsible for our predicament. AMC was ALWAYS very high risk to potentially very high reward. Thats certainly why I invested. Unfortunately the risk element has come back to haunt us massively. RY is not responsible for the "SMO". We should be confident he does not want to see out his days in the Far East of Russia, battling our corner. Recent events have got sooo much bigger than us PI's, banging on about how much money we have lost/gained. I was firmly in the £1 party camp for all the right reasons but will now accept the 1.80p+ if RY is able to diplomatically navigate sanctions. AMC currently has a market cap. of c£13m. If any of us had £13m in the dining room cupboard would we buy this mine today at this price?

...........And more very chunky trades this morning between 9am and 10am. We can only speculate what is happening behind the scenes, but long may it continue. Share price is up 30% in the last month.

Looking forward to the next market update which should give detail over new credit loan facility and progress on the Statesville hangar facility acquired in October last year.

Bought a few more yesterday. As global economies recover over the next couple of years Gama could be an interesting play on the uptick. It wouldn't take much interest to move the dial positively on the share price.

Shares are so lightly traded and tightly held that whenever a buy comes in, it appears there is a struggle to find sellers. Very difficult to assess the intrinsic value of the Company. I guess if an institution starts sniffing around for shares the price will fly (pardon the pun).

OB - I guess you meant to say "Well I would love to see the board invest," in more shares. The BoD already have shareholdings + options over shares if the sp performs. Your narrative implied strongly to the random reader that the Board held no shares at present. Not playing with semantics here but the meaning is not subtle and very important.

As an add on while acting as a keyboard warrior, it is fair to say that scientists/professors/experts in their chosen field do not always make the best CEO's/Company Leaders since they have a confirmation bias towards their life long work which can sometimes be to the detriment of shareholder value.

Controversial comment coming up. It is naive to believe that BoD's buying their own company's shares is what shareholders want to see. BoD's (executive & non executive) are remunerated/rewarded in a number of ways which we are all familiar with. It is unfair to expect Directors/Senior Personnel to over extend their finances to satisfy shareholders demands. There is any number of external reasons why a company might not be as successful as shareholders might "demand", which are totally beyond the Directors control.

However, when Directors do acquire shares we should all take a keen interest in the amount and price.

Personally, I think the ejection from the FTSE UK Index Series was material to the share price fall. Tracker funds and the like could no longer hold the shares. This was nothing to do with the fundamentals of the business. The BoD just needed to reassess and think how best to deliver shareholder value. IMHO the next 12 months look "exciting" for BATM.

On 17th March 2022, shareholders approved the share buyback of up to 10% of shares in issue. Thats, give or take 40m shares. To date +/- 2.5m have been bought at around the 20/23p level. The share price was +/- 50p when they could have first commenced the buy back and we were clamouring to know why it hadn't happened. They are currently buying twice as many shares for the same value than if they had started in March. We have little knowledge of what is happening within the four walls of BATM, but purchasing another 37m shares, if this is what they decide to do, will some impact on the share price. Please I tucked away a few more last week and Tuesday.

Absolutely. Been steadily accumulating since March 2021, last addition yesterday. As PI's we are far removed from the action but I do believe in the BoD and their long awaited decision to purchase shares is compelling imho.

Mmmm, doesn't bode well when one of your lead investors starts selling down. Reckon we should all enter hibernation, unlikely to be much action here for many months. Lack of activity on Theoremex financing, the recent operational update and surprise announcement they are going to lease a laboratory were not telling us anything at all is imminent.

Old hat and jargon I know but wouldn't rule out another round of financing by middle of next year.

Just my ponderings as a shareholder.