Member Info for Hu11

Yes very disappointing to see Monday’s gains wiped out. Still all very much to play for. Stay safe

What do you think he’s going to say, he can only reiterate the last RNS

Let me guess, he said “although disappointing outcome at Charlie 1 all is not lost as we await test results“ or something along them lines.

Perhaps taking a chance elsewhere until news, dangerous strategy should news drop and your buying back at twice the price.

Bits 15.59, There’s a few of them!

Means nothing, on the day the price crashed ASX equivalent was 0.45p, I bought at 0.3, some even lower, thinking easy 25-30%, never happened.

Good start, plenty of buying.

Rubbish, The SP was 0.57 not long ago.

Some really good informative posts to a newcomer like myself, bought in late Friday and going to add some more tomorrow. Very good luck all invested.

Hi All, bought in Friday, Hopefully a wise decision both financially and more importantly health wise for those that need it now. Some great posts. All the very best.

Could you explain how the business is valued at next to nothing? Over 7 billion shares in issue and a share price of 0.025 is roughly a M Cap of £18m. The Quarterly report stated and I quote..

Net of JV cash, 88E has A$8.9m in cash and has expected total outgoings for the remainder of the year of A$7.0m (including both operating and investing cashflows), which are more than covered by the current net cash position.
Bearing in mind the above figures quoted are in Australian dollars, I see a cash balance of approx £5m and a cash burn of around £3.5m for the remainder of the year. Whatever the next move be it HRZ or YG or anything else a massive cash injection or a major farm out is needed to progress.

Wolves2211, pretty much sums it up, new “faces” turned up here earlier this week saying it’s going to 0.4, now trying to get there money back. The only crumb of comfort is they have working capital to keep the lights on, For now! Going forward will need to either raise a substantial amount of money or try and get a farm out partner but would have to give a lot away, for one last shot.

It’s doing the same today as it did yesterday, Main range 0.32-0.34 with the odd flirt with 0.35, can’t blame the volume either.

Yes, a few “faces“ have appeared recently.

Perhaps Tondy, It stuck between 0.3 and 0.34 all day, so far it’s between 0.32 and 0.345, perhaps it will eventually go.

yesterdays equivalent was 0.45p. I bought 10k worth at 0.3p thinking there would be an easy 25%. Didn't happen.

Robbo13, Impossible to answer,But the HRZ was the big prize if the code could be cracked. Would need a farm in partner now or a massive cash raise. Maybe when the lab results come back and the company gives an indication as to their strategy going forward things will become clearer.

Lol. 1.3p to 1.6p. Utter tosh

Agree Bits, But this was always a 50-50 play, not great but I won’t be sat here apportioning the blame as it was my decision to see this through to results. Luckily for me I put some elsewhere on Friday and it’s paid off, there are a lot of blue chips at rock bottom at the moment that will recover given time, my money is going in there now and very little trading for the foreseeable. It’s not great but in the current climate if you and your family are healthy then that’s worth a lot more than money.

Exactly,