Member Info for Investor81

There is over 500k in the bank at end of March 2020 but cash burn seems high? Didnt they raise 1.25m in December 2019?

Thats 500k spent in 3 months! A further 4 months on how much is left? See extracts from going concern paragraph below.

'Whilst there can be no guarantee of the successful outcome of on-going out-licensing negotiations or the successful outcome of future trials, in compiling the cashflow forecasts the Directors have made estimates of the likely outcome of such negotiations and trials, including when income might be generated from other means, including raising funds through issues of equity, and have considered alternative strategies should projected income be delayed or fails to materialise.

Whilst the Directors anticipate revenue generating out-licensing contracts will be signed, they recognise that there are inherent material uncertainties as to when out-licensing transactions will be completed and the timing of ensuing cash receipts, when research milestones will be achieved and the likely outcome of trials which will give a right to revenue and cash receipts and finally the possibility of a successful fundraise via the placing of equity shares. These circumstances indicate the existence of a material uncertainty which may cast significant doubt on the Group's ability to continue as a going concern. The financial statements do not include any adjustments that would result if the company or Group was unable to continue as a going concern.'

hertstrader where can you see a list of transactions?

https://twitter.com/CleanTechRich/status/1283831963992948737?s=19

It looks like its all system go this month :-)

All looks good here but why is the market cap so low?

These pages will be here for a while based on past experiences. If you do lose the path then find any other chat page and change the end to CNEL from whichever stock is referred to.

Thanks guys. Much appreciated.

Hi 1750mk.

When trading International stocks can you live trade on the app when the overseas markets are open or do you have to leave an order and hope it is processed when the overseas market opens?

Is anyone holding CNEL with interactive investors?

Thanks Rubey. See what Deltic response is and will then carry out some research.

Can anyone please summarise what RBD are currently doing and what the future prospects are? Thanks

Anyone got a trade history for hkex which shows all individual buys and sells?

When asked about buying largo he didn't say no. So shall we all interpret that as bmn are buying largo? :-)

He said he will look after long term shareholders and won't raise for the sake of raising. Lots of positives to take but like always everyone loves to try and put a negative spin on it without focusing on any positives.

Patch the only disgruntled ones are those who didn't plan in advance. They know the shares were moving across so should've dealt with admin side of things earlier.

Yes the crux guy is liking quite a few tweets. There are some tweeting and missing the point about moving up to the main market!!

I understand the frustration of AIM. Too many rainbow chasers and not many investors.

Take CNEL who are profitable and have been on aim. There price has been below 3p for years despite the progress made. They have now moved to hkex and on listing managed to raise funds at around 10p and this was oversubscribed.

'After an eventful journey #AIM #CNEL is expected to become HKG:1156 tomorrow. HK offer and international placing closes at HK$0.98 (10.2p). A whopping 12 month >800% gain for our long term shareholders'

The hong kong offer shares were 9.44 times over the available shares on offer. None were reallocated from the international placing shares.

Does this suggest there will be plenty of appetite?

Looks like it was over subscribed.

The Offer Price has been determined at HK$0.98 per Offer Share (excluding brokerage fee of 1.0%, SFC transaction levy of 0.0027% and Stock Exchange trading fee of 0.005%).

https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0714/2020071400104.htm

Its a UT trade, not a sell!