Member Info for jamrock

I did hear it mentioned on a podcast about cash burn was the issue. Can someone update me about that. Could a fund raise be needed or do they have enough cash in other’s opinions.

Yes they did go after revenue growth and have a great product so hopefully this resumes back to a continuous uptrend .

For me it’s all about charts and happy to say the recent fall could present a decent opportunity to buy back in. I do believe the RNS was disappointing but just a set back really and we come to expect positive news all the time. I do see further fund raises but the RNS never stated anything so hopefully not.

1p is the low but it’s still hugging the 50DMA which is positive.

Stay strong

It definitely feels like it’s consolidating for a breakout.

Hopefully up

LTHs and shorts all feeling the pain.

The one positive thing is the shares are getting cheaper!

However ore wait for gold gets longer

I don’t a placing!

Last time that happened we rocketed to 3.6p in quick time.

Actually would be nice if another one had the same effect lol

Will buyers sense the reaction is too much!

Will they drag it back.

Interesting times

Always a risk waiting for news.

Smart money sold yesterday

As I always say

FG holds the cards

Today he dealt the wrong ones I guess

Not great at all to be honest.

Is 1p back on the cards

I hope don’t finish on a low for

The day

Dunkirk

The company is financially sound and in a great financial position compared to a lot of companies.

It’s like cash for cash at these prices. 8m in the bank and under 7m market cap is a joke.

That said we need guidance on New product sales.

Every man and his dog knows it’s all about new product sales as Covid money slows. We are probably one of the only companies that actually still make anything out of Covid.

Anyway i do believe deals can be done and news will come soon as we approach next month when results are due.

I don’t feel we can knock the board because many called this stock bankrupt two years ago and we’re financially in a better position than we’ve been for ages.

5%!on 8 m in the bank is a decent amount for a small company valued at less than 7m!

The real spread is about 1% which means someone trying to tempt sellers to move it up i guess

Https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-tuesday-12th-march-2024/

Zaks saying we could head to 2.15p.

He never said .89p. He only said it’s the low possibility but also stated the bulls case.

I think today’s movement proves he’s spot on and the bull argument seems to have won the morning so far. I actually feel this could see an exciting afternoon.

Well done Zak👍

I did think 1p on the cards but after the huge turnaround I’m actually thinking is 1.9p the next figure to watch on the upside!.

You really don’t know which way they go with them

The spread is as tight as my wallet so I guess it’s heading North

I actually did think 1p was on the cards but I’m first to admit the bulls are winning me over

Is it time for Penny to update on new products or new deals

I don’t think the bulls are giving in today.

This definitely could surprise today

Is this going to be the surprise of the Day.

Zak did alert to the bulls argument and he looks to be correct so will this take off again.

It’s definitely not one of you’ve got a pace maker

My guess is the sellers will be back in for another leg up after selling this morning.

Classic to get more shares.

I could be wrong but expect more buyers