Member Info for Janiax

KoolKat,

Glad we could clear that up.

You think it wouldn't be as liquid, I agree.

You think this would cause more volatility, I also do agree this could happen for a number of shares, especially those with low volumes.

The difference seems to be that I think this would be good as the market would be more genuine. So the volatility is real, and so is the liquidity issues.

I understand why you think it wouldn't make the market harder to trade in, and this could be a bad thing.

I just think we disagree on that being bad 😁

Anyway, the likelihood of there being substantial shorts on here is very low.

The drop recently has been pretty large for the number of sales though. If an announcement is made then hopefully it will also rise on low volume.

Good luck holders.

KoolKat,

The markets used to work fine without shorting many years ago and it would work fine again.

Shorting is fake. It's selling shares that aren't real.

There's been times when shorts held have exceeded the number of shares in companies. This is ridiculous and not possible if they had to "borrow" shares.

Shorting creates a false market that shows more sellers than in reality and only hurts the market.

Without shorts the market would be a genuine market with buys and sells based on actual demand, rather than falsifying sales and exaggerated demand if the shorts need closing.

The market would definitely work without shorts and it would be a better place.

But I'm not going to go into more debate here. Happy to let you believe what you want on it. Agree to disagree 👍

Good luck holders

Please don't set a sell price for 0.5-0.75...

The MMs will take them and drop the price.

Setting any auto sell tends to be a bad idea, if it starts moving they get triggered and you end up selling at a value you won't be happy with.

This method also does not lock shares from being used, that's a myth. And in fact by setting a sell price way above the market is also not good, as if they did use shares to short with those would be used before any without a set sell value, as they could be sold by the PI at any time.

Just use your brain and sell or buy when you're happy to.

IMO shorting should be banned...

Let's just wait and see when this sale agreement is announced.

Good luck holders.

Well unfortunately it didn't do the same as yesterday. My prediction was wrong 😁

Still it's higher than the value before last weeks RNS, which gives a better base for when an announcement is made.

Some say that will be the end of Summer

Some say it will be this week

All we know is the target companies loved it in Vegas.

Big boom soon 🚀 we all want it.

Good luck holders.

Ice,

You seem a bit deflated.

It's been a long path for a lot of people here, but if sales are going to happen they will come soon now.

It's held 20-30% from the jump last week and it's likely that short term traders are jumping at a loss from that.

But there's not much volume and when a sale is announced this will go up very quickly.

Just take a moment and come back later.

Good luck holders

Well it looks like it has begun to stabilise. And this is now showing strong support at nearly 20% higher than before the RNS last week.

This is very strong considering the usual sell on news that happens around financial reports.

Still likely to fluctuate between 0.7 and 1.2 until a sale agreement is signed and announced.

For revenues to come in after summer, these agreements will likely be announced pretty soon imo.

Let's see where we are later this week and in July.

Good luck holders.

Guess we will see later Hex,

It could be a big seller in the background... it could be a big buyer wanting a certain price so the MMs are trying to fill that....

Let's see if it bounces back today or if we need that sales RNS.

I only came in last week at 0.9 and 1.1, but I'm still happy waiting.

When an agreement is signed this will go up quick.

It will also open the floodgates as none of the miners will want to be behind the others on this.

Good luck holders.

Hexam,

I said yesterday that I didn't like saying it, but if you look at what happened yesterday with the drop and then rise to close even it didn't feel right.

Today's drop on very low volume is also strange.

In the end the SP now doesn't really matter.

If a deal is made then this will be much higher, if no deal comes then this will fall further. It's that simple.

I'm here and believe a deal will come soon,

People are either in and believe. In and pessimistic because of past promises (maybe bitter and locked in), or they are not in and I'm not sure why they are posting then... maybe they want it lower, maybe they just don't want others to have a rise... no idea.

Anyhow...

Good luck holders.

Yes Plutuq,

With 1.46Billion shares and only 6million of them traded today they have dropped this 10% ... that is ludicrous.

No one is selling in high volume.

They are still gathering shares to ride it up later.

I wouldn't be surprised to see another RNS this week informing us of an agreement.

Good luck holders.

The Final results are kinda as expected, it does show a reduced loss year on year which is good.

There's also got to be a reason for increasing the pay to FG.

Overall the RNS is very positive and there isn't any going concern issues being raised which is good.

I believe we will be getting sales news sooner rather than later now.

It looks like the MMs are going to repeat yesterday.

Encourage the sell on news mantra then pick it back up later.

Don't sell yourself out of the big rise.

Good luck holders.

Hexam,

I think you need to listen again. I thought the same as you initially, but I think he is just using very conservative numbers.

He mentions the 10% on A, then says 3% and kinda a "let's go with 3% for an example" and even at 3% the market is interested.

It feels like the 3 % was a low estimate they are using for A, which could go up to 10%, and the B method is guaranteed over 10%, but again no mention of what it could go up to.

A little disappointing in the way it sounded, but the undertone is he seems very confident that things are moving and companies will start using the functionality soon.

Let's see when that first deal is signed.

Good luck holders.

I know it's over said on these boards and it's probably never true.... but....

It really feels like the MMs have been manipulating this and walked it down 🤣😘

Let's see what the week ahead has.

Good luck holders.

Cameron,

You obviously don't know how contracts and payment terms usually work.

If revenue is due after summer, let's for argument sake say October.

And agreement would be needed well in advance.

Contract could be signed in July, initial steps completed in August, and invoice raised in September, for payment in October. Even this would mean short payment terms for initial agreements.

As it's likely to be based on values being made by the clients it's likely that they would need to run for at least a month to then say your share for that period is £xxx and then it can be recognised.

So it really could be signed agreements pretty soon.

Today's price doesn't matter anyway.

As I've said earlier, if you're invested you should want this to increase... if not why are you here?

Good luck holders.

Wow... lots of posts, hardly any decent ones.

I think a lot of people here want the SP to increase, some are a bit more pessimistic due to historical factors, which is fair. Some are overly optimistic...

But anyone here and holding would want an increase.

If you're here and not holding why are you here?

If you are blatantly derampering, by trying to say a placing is coming, it really isn't... they don't need it atm and sales are just around the corner. But why are you trying to say this? Are you looking for a lower entry or just trying to be disruptive?

The Market cap here is small for the potential, but not bad for the current situation.

If sales are made (which I think they will be announce very soon) then this should fly quickly. But if they are not then this sp will slip again.

We could see a spike before an RNS on rumours, which could be good if sales are announced, but I'd prefer to have steady growth on news rather than spike and sell on news.

We need sticky hands for the best long term returns.

Good luck holders.

And the cross rampers show up... 😁

Happy to be in here over the weekend. My buys were at the 0.9-1.1 level, so the retrace has meant a little in the red currently, but not worried.

QBT is still holding up after a big rise yesterday, it's still over 50% up this week and that's great.

The potential here is insane when a deal is announced.

It's a bit of speculation, but it's close now.

It's not a P&D like some others that happened recently.

In a few weeks we should be a long long way north of here...

Or back to 0.6 if there's no deal 🤣

I'm in and staying for now.

Good luck holders.

Fair enough Hex,

Maybe prove is too strong a word, but they will help show that the spend during the period reported is still consistent.

If there's a piece on going concern as well it may include something saying how long they have funds for, which can again help show they don't need a raise, even if not to the level of proving it entirely.

Looks like the SP is moving a little again.

Pretty good consolidation after a big rise tbh.

Good luck holders.

Wow, have a couple long meetings and they really go to town with the drop 🤣

Just hold tight guys.

If you brought on the last RNS then you hopefully believe as I do that a deal will be incoming.

Currently it's not surprising that this is volatile as there's nothing signed. But it feels close now, and this will move a lot when it happens.

As others have said, it's highly likely that they are still funded from the last raise, so low odds of a placing.

Next weeks financial figures should prove this.

So it's just wait for a deal and see how big it is.

Good luck holders.

It's strange here, it seems that there's a group of posters who have been around a while and are just pessimistic about everything.

I'm new here having brought yesterday, but it's been on my watchlist a while.

The RNS was great and the market reflected that with a big rise.

Markets are unpredictable though, and as always dips happen. But the trend here and the news really suggests that this is now on the verge of a colossal rerate. One or two big deals and the current SP will be long gone.

However it seems that this has been the case before, so there's feelings of "it never happens ". This is understandable, but a shame, as if you are hiding and believe it won't happen, why are you holding?

Cut your losses and go.

If you still believe, why are you being so pessimistic and trying to say yesterday was a P&D to scare new investors?

Surely you want this to increase to get some gains?

There's been volatility here, but it does look like it could recover today's dip and settle a bit higher before contract news comes.

I think we may see a deal signed before the accounts.

This will help with any going concern issues .

Good luck holders.

TommyD,

MSMN was my first ever trade and it went badly.

They have been terrible and never any long term prospects.

I'll stay here and wait for the announcement and rerate thanks.

Good luck holders.

Scott,

I do think a deal is coming, so I am invested.

But until that deal is announced, or strong rumours and big buyers show up to get in before and official announcement, this will stay around here, it may go up to 2p as anticipation heightens, it may drop bit as well.

But it for certain won't rerate to a £100m + market cap unless a strong revenue generating deal is signed.

All investors here are happy to wait for that and benefit.

The traders are pushing for a spike to 2p to get their beer money with there short term profits.

Good luck holders.