A billion were bought/sold on the first day coming out of suspension. Unusual to see it blue. Suggests selling pressure has reduced. People mention profitability in 2026 this is silly in my opinion. We don't trade AIM for profitable companies. I trade them after fundraising and for news that is not factored in. This won't get to profitability it will be bought out by a more capitalised company that can scale up for future contracts.
Rog your track record of being wrong is well known. You sell when you should buy. If this reaches the placing price next week I am in profit. The overhang of 2 billion shares is gone in my opinion. The evidence will be the rise in the coming weeks. This can and will move fast. Without the share overhang this would have doubled on Cooley buying. I do think you are letting hubris inform your decision making. I usually buy on funding news as was was the case here. A risk but a calculated risk. I wish you well Rog.
RE: Doctor Graham now with 300,000,0009 May 2024 12:25
Roger you are in GDR who are using death spiral financing which is about to run out. They will raise at a discount. This company already raised 2 weeks ago. More risk over there. Good luck with your investment.
RE: Rns dr cooley noiw owns 10% of company8 May 2024 10:07
We don't know else took the placing. We know that whoever did was involved in the forward selling hence them selling now under the placing price. Sells outweigh buys so price has dropped 20%. A lot of those 2 billion shares have been bought. Eventually no mass dumping of shares by the placees. Around 1 billion share transactions on the first day after suspension if I remember correctly. Why Cooley is buying? Not sure. I doubt it is just him though.
It's midcap was well North of this with awful sales, no cash, huge legal fees, a Tesla court case against them. You remember Rog? That was when you were buying lol.
Someone mentioned the placement shares were borrowed and sold well above the placing price. I think that is why the share was suspended. Maybe the forward sellers were the placees hence they can sell below the placing price and still be in profit. Nobody would take the placing to sell below the placing price.
I see an opportunity. I guess you see your own bad decisions. I plan to exit with a healthy profit. If that doesn't happen I won't be on here crying about.