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Nice blue day for you mcadder, well done on your buys and calling the bottom.
Ah i've made the connection. JOEDAKOTA is the Smallcap-*rick on twitter.
"We believe that additional funds will be available, possibly again at a premium to the current share price."
This statement was made Wednesday 22nd of June. 2 trading days ago! The sp was NOT .12.
EXPOSED!
no, i haven't, i would say if i had.
i have just told you my strategy here, i will await the raise price and buy around the raise price for all the reasons i just stated in my previous post.
it's dropped more than 90%, so at least we know maths isn't your strong suit either.
find it quite amusing how you are chirping at a sp of .062 like you have proven a point or won a prize or something hahaha, keep going though, i like the show of confidence.
i will also await a 30% green day back to .08 and you and the likes of mannan to start with the abuse again haha.
i have told you my strategy and what i intend to do, enough of the false accusations now, i haven't bought, i will await the inevitable raise, hope its at a favourable price for you and not me, either way i expect to absolutely make money with my much more disciplined and safer strategy. cheers.
mcadder, i don't know quite what you're trying to achieve with your previous few posts. to answer them:
people on vast this morning were calling 10p and back to 2.5p, from what i've learnt in my years on aim has been those making outlandish claims are trying to spike people to sell their holding to, it's red over there so clearly i was right, so i wasn't "talking it down" just telling people the truth.
talking it down an down here? i give my honest assessment, i didnt buy at .06 because since i made that comment, the company changed the nominal value....this is investing, things change, so please use context when you post. i have clearly stated that there will be a spike here at some point and there will be.
my strategy, which i feel is a safer one is to await the raise, an buy at around the placing price, the ramp will have to come to allow the insto's taking the placing to exit for a profit.
they may well raise at a premium, it would be the signal the market need to raise the price just as it did for sasanof to get the insto's millions of profit at pi expense.
so please, save the sarcastic little posts just because the sp is up ever so slightly today! it needs to bag almost just to get back to where it was 2 weeks ago!
I'm sure a few filtered me this morning when I told you the ones ramping were planning to dump on you.......right though wasn't I.
Now seeing the classic "MM Games" etc etc.
"When the yanks come"
This is still valued at well over 10m due to the outrageous amount of shares in issue.
They have a very high cash burn rate and are loss making.
It's valued far too high.
Don't be fooled by those shouting "it used to be 11p" or "it was 2.5p last time the confetti bucket shop finance were out"....this is OVERVALUED.
Do you struggle with reading and comprehension?
"Drilled a duster, it happens".....I even stated it happens, however.........no need to follow up 2 weeks later reiterating the duster an no cash, then follow up again an telegraph a raise and move the nominal down such a large amount.
Had he hit, he would of been gleefully doing every bit of press available and wanting a statue erected in his honour.
He has hidden away, given no confidence towards future direction and only managed to highlight the duster and lack of cash........look at the state of the SP.
At ALL TIME lows and here you are defending him.....what a plonker.
Already made that suggestion myself earlier this week. I see it as their only hope.
Red again today, where is the bottom here, really hard to tell.
Those ramping the loudest are already in here and wanting to achieve maximum spike by 8.30am so they can dump their wins on you.
The 1's talking up magical 10p figures are planning to sell at 1.2-1.4..........
yes, an the issue lies within your answer.
when they raise it is likely to add x3- x4 to the market cap.......
so if CLON were valued at 5m here at this price with BILLIONS of shares added, why should CLON be valued even at that? it was 2m prior to the duster drill.
To summarise, it's well in the mud. A ramp an rise will come here at some point, they will need one to rinse the raise shares through for a tidy profit at pi expense.
After how poorly the company has dealt with this duster, I think an awful lot of goodwill will have been lost with investors.
I mean, they drilled a duster, it happens, but then followed up 2 weeks later to reiterate a duster an they have no cash, then a further 2 weeks still to reiterate no cash an they will need to raise an reduce the nominal to such a low point it makes all pi's just irrelevant.
David not even had the guts to front up an interview. Total distain for pi cash.
No I believe that to be a carrot to stop the SP from heading as low as .01....so that those involved in the raise have some headroom to offload onto pi's.
Many will be once bitten, twice shy, they just made 2-3 million (estimate) clean profit at pi expense.
This has been red everyday for about 2 weeks, i expect it will be no different today, why would anyone buy until they know the raise price other than for a pure gamble?
Well I think it's safe to say mannan has sold out, turned from uber ramper to 10 times in an afternoon negative deramper.
Another name to remember when you see him on another board shouting constant abuse at those who understand this game better.
Your comparison to SYME is quite laughable, SYME's MC is close to 30m, here it's 1.3m.
For anyone who thinks this is harsh on mannan please read through his consistent mocking of my calls that this will go to yearly low or lower.
Seems the market are thrashing this down to a price on what they think will be fair, post raise......if they need a further 3m for another drill, I would put it personally at around 0.02 - 0.03 as somewhere around fair value, even then the MC maybe slightly high based on the eye watering shares that will then be in circulation.
They will have another guy in AUS, there will be a bag in this if you get the bottom right, personally I think the market will now await the raise price, as David has fully telegraphed it's coming....then buy in around the raise price, it's probably the smart play and 1 i think I may follow.
If they fail again in Aus, consolidation and raise will be the next plan of attack.
Sorry for all holders trapped in at .4 or higher, those levels I doubt will be seen ever again, no sympathy for the likes of Sharebel an mannan and what's his face who kept throwing obscenities out......they don't deserve it.
Have a great weekend ahead. .05 the next level to be tested, by the end of the week.
I will be buying in here when it reaches absolute capitulation, it's almost there now.....several bad releases an FUD in a row.
Expect David to man up and speak out in the coming weeks and I think they will release some data from Sasanof and maybe speak on their next target.
No, I will not all of a sudden become a ramper an think this stock is great, but it won't go down forever.
Ignore any words uttered by Sharebel.
The guy was all over the CLON board recently ramping 20x a day, it has now hit all time lows today.
The guy is an addicted gambler without any clue what he is on about.
Heed my warning.
.061 yearly low hit a lot quicker than i expected, but wow.......question now is, how fast does it race towards .05 and perhaps even lower.
The company has telegraphed, "we are going to raise, we are shifting the nominal to 0.01"
If they know how to do anything these lot it is how to really destroy any shareholder value!!!
David, if you have any decency, sit an interview an try and salvage something for spike pi's.....even those backing you at .1 are now 40% down!
wwal17, well all that tells us is that you rather read ramps that say its going to .5 next week, because it suits your narrative.
Keep blocking those who tell you the home truths and are right, then see how fast you blow your account listening to the wrong individuals.
Best of luck.
great spot mcadder, you're right!
wow, pause on the buy!!! 0.01!!! no thanks!!!
I actually agree Cliveas, buying here as it will hit 0.1 at some point, in fact, i expect that will be the raise.
It's a buy here, punt money only.
Wow, some of maybe can predict the future.
I'm having a go on the lottery this week for sure.
Dangle to carrot on how many TCF's are potentially there, chat loads of BS and then throw in, oh an by the way, we want to decrease the nominal an dilute you into non existence.
Good luck to everyone holding, I doubt anyone will ever recover their funds who invested .4 or higher, when diluted......just getting to .2 will be a tough ask from a market cap perspective.
Sorry for all holders....truly am.....
Sharebel, Mannan, an your crew of nonsensical, uneducated, hot air rampers, do not even address me today, I have owned you from start to finish here and there will be nothing further for us to discuss.
Have a great day, I have nothing further to add here. I've proven my god given abilities.
So exactly what I said on Monday then Beetroot?
Mannan where are you? You called me all sorts last week for suggesting this was heading into the .06's.
Heed my warning when you see me on the next board you're invested in, i'm not usually far wrong.
Bounce to be had within the next week back to the .08 level, trader groups will spot the low volume opportunity, regurgitate some old article to make it seem like somethings afoot and then the herd will begin to pile in.
This moves quickly too.
May buy some tomorrow.
Follow init for more brilliant analysis and winning ideas.
Follow the likes of Sharebel and Mannan and numerous others if you wish to be broke and blow your account.
Cheers.
Answer me this 1 question, just 1......where is the money coming from for any further activity?