Member Info for itsgambling

Chart is hinting that we're on our way back up to the recent resistance. Deal news would be great to support this rise.
A reminder of the resistance ... a close above 1.65 would be great, a close above 2p and you can expect fireworks.
IG

Some very solid buying this morning. And the chart is nicely poised for next leg up...
IG

Wait and buy them at 0.4! 20% lower got to be worth waiting a few hours for.
IG

Conditional on shareholders approval. But ordinary shares

You don't know much about placement takers do you. They are flippers. No interest in holding. They want to sell at a small profit and not risk on some longshot bet about what iclaprim will go for in a quick fire sale.
IG

And now begins the 142 million share overhang. Gonna take a while.
And don't be mistaken - the placement takers will be very happy with a quick av return of 10+% so they will be flogging at any chance.
Expect to be stuck rangebound 0.4-0.5 for a long time while the fools double down and the flippers take their 10-20%
IG

Oh dear.
So, if they can sell iclaprim (big if), then if (bigger if) after the millions of pounds of debts get paid off there's any left ... Then this tiny residual amount will now be diluted by a further 42%!!
And in the meantime, anyone taking placement shares will be forward selling asap
at anything over the placement price. ie: a ceiling was just put in place at sub 0.5p.
Goodnight sweetheart.

Actually you can buy at .66 and falling. Why would anyone buy when you can buy cheaper later... And therefore lose less money when it de-lists?

Haha - based on ... erm ... because you bought shares and want it to go up ... LOL.
Hercules effectively own the company now. Rather than go through all that, they offered the BOD the chance to raise a few mill and pay them off cheap. Last spin of the wheel. You'll notice that the specifics were left out of the RNS. Sadly for the shareholders, the market has seen this for what it is, and the sp is now at a level where a fund raise of this level is out of the question. Within a few days the BOD will be forced to delist and Hercules will 'try' to sell the IP to the highest bidder to re-coup some of their losses. Sadly for them, nobody will want the IP of a twice rejected drug.
Will be some dissapointed fools when the de-listing RNS pops up.
IG

0.1p or delisted this week. Any bets on which?
IG

I can imagine stocktracker scrabbling to sell out but MMS not interested.
0.6 ish to sell mid volume. Large volume no chance.
Oh dear

I can see this hit 0.1 today.
They will have to delist soon and there are far more who need out than a few newbie speculators who can't read.
The rns is clear. They suggested a huge fund raise to pay off the loan. That is no longer an option at this sp - so it is only a matter of days (or potentially hours) before they delist and shareholders get nothing.
Be very careful.
IG

Based on what? A bunch of ramping posts by one poster? The licence extension was applied for nearly 2 years ago. There is absolutely no reason to think it's "very close to being agreed".
This year's accounts made it clear that the BOD no longer feel they can assign any value to the project in Georgia. That recent update makes it clear to me that a licence extension is definately not close to being agreed!?!?
"The Directors have reviewed the estimated value of each project prepared by management and have concluded that the project in Georgia be impaired to £Nil. The Georgian exploration asset was impaired in full due to the ongoing exploration licence negotiations. The Group applied for an extension to this licence on 10 October 2017 however are still awaiting an outcome. As a result of the uncertainty the Directors have determined its appropriate to impair the asset to £Nil until further notice. "
IG

Just watching Wisha. The BOD have made a real pigs ear of this. Questions should be asked of the fat salaries, and the lack of skin in the game. Some decent people have taken big loses here, feel really bad for them.
IG

The AMP tally ... they had 3.9m last Thursday.
Looks like they are being forced to sell, at any price. Best guess is that their sells are:
1st Jul - 400k
2nd Jul - 500k
3rd July - 600k
And guesses for the late trade today? ;-)
And how low will it go to find buyers for the final 900k on Monday?
I've put a cheeky little buy order in for 1.2p ...
IG

Unfortunately £1.6m mcap is way over the top now. Which is saying something.
Can see 0.5p over the coming weeks
IG

On my small punt.
Good news that some of the directors are no longer taking a salary but the formal acceptance that the asset can no longer be included on the balance sheet kills the case to invest for me and I don't want to sit and watch them slowly shut up shop.
Ig

fair value as things currently stand is about £25m mcap. So 7.3p s/p.
You won't catch me selling any on little 10-15% bumps.
Patience required
IG

broken :-)
IG

We've sat at £5m mcap for years (ranging from £3-8m). Yet now, finally, we're becoming profitable and self financing.
There's a reason the bod are choosing to take payment in shares. They are very aligned with us wanting to see a significant rerate.
I expect an mcap of £25m this year, with the growth in sp supported by new deals and positive rns.
It won't be straight up, but month on month will look lovely imo.
IG