Member Info for ISATony

When they start reporting extra revenue from the completed expanded manufacturing facility stage 1. - In the 2's

When they start reporting extra revenue from the uncompleted expanded manufacturing facility stage 2. - In the 3's to 4's

-My take on it

It is heading that way lb.

70% of average daily volume traded in the first hour of the day!

Most MMs have increased the ask to 0.73 and above.

Nice to see TRX's CEO Daniel Lee buy a few too.

And so are Schroders.

I am happily accumulating at these levels.

If the market wasn't illogical there would be no chance to make money.

Nice to see David, Chief Financial Officer buy a few TRX shares too.

If i recall correctly, TRX's recent comprehensive presentation mentioned production capability of $50M/yr from completed phase 1 expansion project.

No idea what the larger phase 2 expansion would bring.

Let's hope we get a nice lift leading into Tuesday's NHS bill announcement.

There's a nice ascending triangle appearing on the intraday chart.

Bodes well for next week.

GLALTHs

Why anyone would participate in an auction to sell below what you could get on the open market is beyond me.

MM games.....

Are we going to see another "representative" UT trade @ 0.61?

If Jber wasn't so efficient a MM we would be at the 50sma 0.68 by now.

Watch any stop losses...

GLA

Weather looks very British

https://www.earthcam.com/usa/texas/sanantonio/?cam=sanantonio

Like others, i'm not too bothered about last year's results. I am also waiting for some forward looking guidance on recent sales and whether we are using the extra clean rooms presently and at what capacity they are running at, which i hope will be expanded upon at the investor's meeting.

I hope TRX announce an uptick in demand along the lines of what Moodys are reporting.

https://www.medtechdive.com/news/moodys-predicts-brisk-pace-of-medtech-deals/598860/

Fundamentals are imo great here for a long term play.

Expansion already half built and extra capacity operational.

Huge pent up demand for TRX's products. 4.7 Million people in the U.K awaiting elective surgery. I don't know the numbers in the U.S but i would imagine demand for TRX's products to grow year on year, even in this climate.

I find it interesting that the "holdings in company" RNS sales are under 1%. Maybe the sales are to new Institutes/funds.

Many thanks for such a detailed post RN1MLT.

Surely Biden announcing another massive multi trillion dollar healthcare stimulus should help TRX.

On a side note, a warm welcome to MREX a new market maker for TRX who joined a few days ago.

The sell didn't take out any MMs at the time either Ibiza.

I thought the sell was institutional investor to institutional investor as it was bang on the bid at the time and looked like it got swallowed up in one.

Ibiza, how do you know Lombard are offloading a lot of shares?

They sold 77Million at 0.77p but in my opinion they were sold to another Institutional investor.

MMs were caught off guard during the recent rise. They have since been hoovering up shares during this drop while keeping the spread purposefully wide to stop buybacks.

In my opinion ready for the next larger leg upwards.

Now the first stage of cleanroom expansion is complete and there are additional cleanrooms available for production I feel there will be more contract announcements very soon.

I imagine previously, before the manufacturing expansion, they had to turn away new contracts as they were already selling all their available capacity.