Member Info for Janiax

Very good video Rogue trader.

Have you made a decision yet?

Doesn't look like the rise has stuck unfortunately.

But it's hard to tell as the number of trades are soo low.

Any long term holders around that can summarise what's happed with the drop over the last year and what news might be coming soon that could turn it around?

I know I should do more research (and I will) but haven't had the time yet and looking back through the RNSs often doesn't reflect sentiment or what happens to the price.

Also does anyone know why every trade here seems to be a kids pocket money rather than a reasonable sum?

Nice to have an RNS update already.

I like the fact they state this:

"Initial oil production testing is now consistently yielding between 90 bopd - 110 bopd, which is significantly above the well's July 2022 shut in rate of around 15-20 bopd. This increase can be put down to the workover rig successfully cleaning out a number of bridge plugs (or blockages) below the bottom of the casing.

The well's production is still being optimised over this extended testing period and the Company will advise of flow rates and decline curves in due course."

It gives a reason behind the increased flow and keeps feet on the ground acknowledging that decline is expected.

What do people think it will level at? Hopefully it will be in the 50+ area.

With a Mcap below £2m still this looks like there's some potential here.

Although as always I'm expecting a red day. Because all my stocks go down on news😁

Very quiet here today, but quite a few trades going through.

Been watching this since it came back from suspension and stuck a bit in at 2.06 on Friday.

It looks like there's some value here with such a low Mcap and the RNS stating they were producing again while it was still suspended.

Even if the level of production doesn't stay as high as initially stated, surely there is value in this to be sitting higher than the current value.

I'll try reading a bit more into it, but struggling to find time atm.

Be interesting to hear from any long term holders on this one to see if there's big red flags, or potentially game changing news that could come soon.

Looking like it may well hold up into close.

But we still need some official news, otherwise it will drift again.

It's starting to look like another Spike atm, or a pump and dump again..

Like I said we need solid news to keep the momentum.

If this holds above 65 this afternoon and tomorrow, that would be great.

But we really need some news via an RNS, otherwise I feel this is just another spike and we will drift back to mid 50's again

We need confirmed news rather than rumours.

All this will do is attract day traders for another spike then they will leave again.

Slow and steady build will be better long term with more investors keeping hold of shares

Seems to be reflected in the price as well, it's gradually creeping up again.

Happy for no big movements until news though, as prefer investors moving in rather than traders

That's a great summary. Cheers.

It looks like this has found its comfortable level while we wait for the updates.

Hopefully it won't drift too much more and can stay above 50p as a base to move from when good updates are released.

I believe there's great potential here and although I'm down from my entry on the spike (2 buys around 58/60). I feel that over the next year this could be significantly higher and I can take my investment leaving some to stay long long term.

Alternatively things could not go the right way at all... always a risk on Aim.

Fingers crossed though.

Good luck all DYOR

Considering the big pump last week the majority of Aim stocks would have seen a significant retrace by now.

But even though there's been no confirmation of timelines and it could be a while before more significant news the share price has held up really well.

I'm expecting it to continue to drift slowly over the next few weeks/months, but when news comes (or when it's anticipated to be on the way) this could rerate significantly.

What do others think? When do we expect another update?

Great presentation.

They know exactly what they need for FCA approval and how to progress with things.

"Active discussions with Multiple parties" regarding partnerships sounds great as well.

Surprised this dropped back at all after that presentation.

Fingers crossed some good news coming in soon to add progress updates.

Considering the large movement yesterday and the amount of day traders on Aim this is holding up pretty well. Usually it would see a bigger drop due to traders exiting with 10-20% gains.

It would be nice to stay even today and see a new base around 60p that slowly builds as the market has time to absorb the potential of this.

Heya all, just browsing after I saw this was continuing to go down.

What's going on here atm? The share is continuing to decline steadily and no new for ages but ever month there's more director buys (well new shares) at lower and lower values.

Are they locked in to purchase every month on some prior agreement?

Does this have any chance of recovery or is it a dead duck?

Can anyone shed any light on all the automatic executions going through over the last few days?

That's pretty interesting.

I'm looking forward to seeing what's in store over the next few months.

If there's contracts with AWS, IBM and Microsoft this could seriously re-rate pretty quickly.

Im hopeful of it reaching £1.2 again soon and maybe more by the end of the year.

Where is everybody?

Does anyone know what was going on with the trades yesterday?

I don't think I've seen so many Automated executions being reported before. Mostly it's just ordinary trades and a couple if UT's

If anyone can spread some light it would be nice.

I still think there's stuff brewing here and we should hopefully see a lot more contracts being finalised now the name change is done fully.

Does anyone know what's going on with the reported trades today? Is this just an LSE site issue?

There seems to be nothing for ages, then a lot of trades reported within a minute or even the exact same time like at roughly 12:30...

Seems really odd.

It seems to have been pretty quiet since the change to Cirata.

I think there needs to be some more media again.

The spread is also very wide atm which isn't encouraging buys.

Yet we have had a couple more contracts confirmed and I can't see it going longer than a week or two between each new one.

This now feels like a very solid foundation and with plenty of room to grow. It hit over £1.2 after the suspension and that seems very achievable again, maybe even this side of Christmas.

Definitely going to stay here for a while as I believe this will rerate upwards quick if a few big contracts are announced, and I get the feeling a couple might be in the works.

Same here Neil but only getting quoted 0.67 now

Hoping for a drop before close