Member Info for Janiax

After opening 6% down, its jumped to 18% up.

Hopefully this means Kibo are running out of steam, or decided to stop and let this rerate before selling anything they have left.

This should easily go up to a market cap of 3/4m now. There's great potential for higher than that, but let's get a steady rise rather than trading spikes.

Good luck all

Very disappointing day.

There's so much gap between the current market price and the value here, with £8m assets and £4m support from Riverford to get things back to revenue generation, this should be rerating up to 1/2/3p...

Just hope news flow continues and we see some healthy buying soon.

That does seem pretty conservative.

We just need regular updates that keep the positive news moving and some more attention from news articles to encourage more people to invest.

Generally too many traders around so it's hard for stocks to reach their correct value.

Looks like it's moving again, but still not breaking out of the 2-2.5p zone yet, guess JV news will do that soon though.

Anyone checked out https://audioboom.com/posts/8465486-midweek-takeaway-featuring-pieter-krugel-ceo-of-mast-energy-developments-lse-mast-mast

Looks like they could do a few bags on asset value compared to mcap

Seems to have got very quiet now...

Would be nice to see that interview spread around a bit and keep the volume up.

I reckon we will get updates every couple of weeks, and they will tend to the positive, so should see a gradual rise over then next few months.

Personally I see this being easily worth 2/3p with the potential for 5p + within 12 months

Yeah, that interview was very strong.

Mast is definitely on the road to recovery now.

Nice steady rise black up to a decent SP would be nice. Looks like the news flow should be relatively regular as well.

Glad I didn't pop into ICON as someone yesterday suggested, even though a day trade could have worked it's not good if your stuck there now they suspended...

Let's hope Kibo don't stifle this too much

Great Interview.

Highlights the gap between the £8mil net assets and only £0.8m mcap (start of day)

And also that Riverford are obviously looking for a return on the £4m loan and want MAST to succeed.

Lots of talk about maximising revenue and some fixed and guaranteed income.

With around 264m shares just to get to asset value of £8m mcap this should see a SP of 3p

Evraz,

See what price you get when you pull the trigger and purchase £500k worth.

Will be nice to see that trade go through 😁😁

Non dilutive funding for this amount with such a low Mcap is great.

This news should really be the start of a proper rerate here, over 1/2p should be achievable.

But the MM's haven't been letting shares don100% days recently from the ones I've watched, even HE1 which went from 0.2p to 3p had multiple 50% days but don't think it had a 100% on a close...

They seem to like to keep a cap on things atm... bit annoying really.

Let's hope this breaks a trend and they let it fly

Oh go on then...

Stuck a lump in at .56

So watch this retreat all day now as that always happens...

lol 😂

Good luck all hope it continues up

So where do people see the Market cap in the future?

With 467m shares 1p gives only £4.7m MCap.

With continued good news and progress do people expect this to be able to get to £10m? £20m? Higher?

I've seen companies with a lot less potential valued at much higher Mcaps.

Would be nice to see a good value and some investment firms taking hold again. Or some rich PI's buying big stakes and a couple TR1's being released.

Good luck all

They will take all 1million shares at 0.78p currently.

This is set to head up further soon. I think they are filling a big order

This was over 1.3p at the start of the year.

With today's RNS some will trade, some will sell their low entries from earlier this month.

But the value should really see this back to over 1p and even higher than the price in early January.

Good luck holders and buyers

Bid keeps moving up as well.

This should have some legs today for a good run ..

possibly over 1p again

Yeah, very low Mcap for the potential here.

This looks like it should regain at least to its value from the start of the year and more.

Doubtful that any placing will be done until the SP has increased to make it worthwhile. So wouldn't be surprised to see more news to boost SP more

Cheers,

Those replies worked well together to give good insight.

It does look like there will be an offer, I guess it will be interesting what it is...

Next question 🙋‍♂️

Is it likely this will suspend before an offer or after an initial offer but before final approval?

If an acceptable bid would be seen as over 60/70p, can anyone shed light on why the SP is sticking under 40p?

I would have thought it would be moving closer to at least 50/60p ...

Unless there's still something holding it back, either not full belief an offer will be at an increased price. Or MMs giving shorters a chance to get out. Or something else?

Looks likes there's great potential here to get a few bags.

Hopefully they tighten the spread to attract trades though, as the spread early of 25% looked very off putting.

The MOP is with South Sudan.

This is new and offers opportunities in another country.

We know we already have potential in Sudan and hopefully the SA there is signed soon, but now we have other options as well.

More details and information would be nice as to what the plan is in South Sudan though