Member Info for jimbobtechstock

Also not in close period yet - but will be starting prep of the interims soon so those shares are locked in for the results IMO. Significant

Buying new shares with their own money. Interesting - private placing amongst directors - can be seen in 2 lights but (a) I have RH down as a no-nonsense kind of guy, and I doubt he'd be up to any false flag director buy games and (b) recent increases by Hawthorne and Rockridge -plus this is 2 directors putting cash in - is good news IMO

You've got a point, Bonks - look back through the trading record and 7.25p was the bid at 08:28 on 7/3, as it was the afternoon of the previous day. So either the MM are playing loose with the timestamp (why would they, it was delayed for 2 days anyway) or someone out there was willing to pick up £100k on bid (would usually see a discount for such a large sell), not only that, the MM stayed on 7.25p the whole of that day, and the next, only dropping off this morning.

I'm still not convinced sub 6p was an entirely natural price - even given APC recent history. 2 major holders increasing is a pretty good sign in anyone's book. If those LTHs stole shares off the bear traders then there's going to be a game or two left as the bears scramble for the exit but I don't doubt the overall direction - and haven't doubted it since the axe fell on what needed to go. And yes on top of that bottom feeders taking profit. But the retrace was on 300k volume, after good buying on a million volume the day before, on top of the 2.45m shares picked up by Rockridge and 400k by Hawthorne. So retrace on low volume after accumulation, not worried in the slightest.

Realistically on the TA it should be a shoe in for back over 8p (my opinion only of course) but depends how stubborn the last remaining bears are. Might be some resistance mid 7s as bottom feeders take profit but it still looks underpriced on the mcap till 8p so how they will trade it is anyones guess. There could still be flippers approaching 8p with placing shares, flip and hold warrants so that's when I expect the first real resistance to crop in. But I think we could be testing 8p soonish, if I'm right on how it got down under 6p ;).

I can just imagine some trader somewhere thinking 'now all I have to do is wait till the mug punters sell out and let me close on their rinse' only to wake up and find 2.45 million of the shares had been snaffled by an II (and the rest are in my trading account).... lol

My thoughts exactly. Though the mcap is ridiculous right now, even with a question lingering over cash. Could be word leaking that they definitely don't need to go back to the market... Or could be hint of a takeover - ripe at this price. I had intended to de-risk some of my bottom feeding at around 6.5p because it had yo-yoed a few times around this level but I think I will hold and see...

Rockridge picked up 2.45m more shares on "Monday". Which is interesting as Monday had a poultry 412k shares traded, and it's over 4 months since we had a million traded in one day, let alone anywhere near 2 million (almost a year ago on 7th March 2016 last time more than 2 million traded). Anyone who accuses me of conspiracy theories (on other shares) regarding dark/off-market trading and futures contracts I will use this as an example! (But they did make a mockery of my 'funds won't be interested due to low mcap').

BY my polling of the touch the last 2 trades were buys, even the penultimate red trade - so someone confident after the AGM, maybe? (Although the previous 4 trades were sells, and almost cancel out the buys to within 10k shares, so maybe also some circular money going in and out)...

Will it make any difference to the MM or the SP? News couldn't get much worse and the tiny drop on that pessimistic RNS shows this was already pretty much priced at rock bottom. Every 50/50 toss of a coin here seems to come out tails so it's pretty easy to guess what will be in the next RNS. I did sell out in the end but I will buy back one day. You never know if you subscribe to a Bayesian view there must be about 20 good RNSs stacked up somewhere based on the number of 50/50 events that have gone against us...

At £8m mcap it hardly matters whether there is a note out or not IMO, it's below the cut-off mcap to be considered for many portfolios and would only be of interest to a specialist who would do their own research or a PI, and how many serious PIs take much notice of broker's notes (after being burned many, many times!) It's just a patient hold for now IMO - the next set of results will hopefully give the first real indication of the cash position, which I would guess is by far the biggest reason for the SP being down here. Many would prefer not to have their cash tied up waiting for those results but I see these undulations as an opportunity to work my average down. Don't want to tempt fate but unless it transpires there's no going concern here I can't see the mcap being any lower - even on the stripped-back top line it would warrant £10-20m valuation IMO.

Bearing in mind Sahid any share price only moves up when sufficient numbers want to buy in a hurry or a seller is pumping the price in advance of a dump. In quiet periods any buyer can bide their time, Stuart Hawrhorne quietly adding a fortnight ago - the price only went up *after* he'd bought, if the TR-1 dates are to be believed. Some circular trader no doubt hit a lift due to the reduced supply after Mr Hawthorne's purchase and triggered a tiny rally. The price is stuck here - until it moves! Yes sorry glib comment but I genuinely believe whilst there is no overt demand those who are quietly confident in the company will accumulate in the background and then one day someone will try and buy and suddenly the price will spring back. By rights to 8p first, then more to hit warrant resistance at 10p. Can't say for sure of course but that's what I expect (barring adverse news flow) and the time frame could be weeks it could be months but it should happen this year IMO.

I still don't quite know what happened to the value of the TEA investments being roughly equivalent to the mcap therefore if we should de-list there should be a dividend payable on dissolution roughly equal to the SP even without finding a buyer for the app. That was my impression from interviews at the time. I guess interviews aren't RNSs but I distinctly remember posters ramping into the DCB just before de-listing too. There's still so much stink from this my only solace is that it has made me even more cautious in my investment strategy esp with regards to what CEOs say...

Thanks for posting. Good to see the government is filling in the pump operating data too. Suspicious that the water levels were rising when no pump data was provided - suspect issues with dodgy pumps are fixed now. Can we read anything into Bergen holding on to shares for more than the time it takes to close a short, 3.9%, or just brace for the inevitable dump at some point in the near future?

Should have guessed they'd take it back under 6p when I posted I didn't think it would go back under 6p - ah well in the grand scheme of things it's still part of the long slow trudge out of the dumps and back up to a proper price...

Possibly 2 Tony Locherys as directors (regarding the 2 apparent omissions from the disclosure list mentioned below)? I don't see Chairman as having much influence in the company other than having some decent connections (tick) and being credible and level-headed enough to chair the board meetings. Position filled - share price drop is probably just natural part of the current cycle. All being well it shouldn't drop back under 6p and then test a new high in the next week or so. But it's slow and boring and well and truly on the back burner in my portfolio

New Chairman appointed (Anthony Lochery) to replace retiring Leonard Seelig.

Pleased and not surprised that I was not the only one buying under 6p. It was - and still is - undervalued IMO, even with the ongoing question over whether they're quite there in terms of cash sustainability. Looks like the 50k/75k/25k traders have had a go at pushing the bid down and got rejected so hoping for a better peak on this cycle than the mid-to-high 6s, might even touch 7p. Not saying it will be plain sailing but I'm hopeful we'll edge back up to 8p then 10p as a fairer reflection of the value of reshaped APC.

Hats off to you (or your broker) as you managed to do a good job or get lucky with that offloading because I was absolutely convinced there was a trader trying to probe or work the share price to where they wanted it. I saw 300k dumped on Tue 31st but quite a large buy underpinned the price, more dumped the next day but also more buying. Or perhaps there was also a bit of circular money sloshing around by chance that week because by Friday it looked like pure circular trading - shares in = shares out and you could even see the guy split his last 100k into a 75k and 25k sell to try and break the floor on the price. Ask held firm at 6p last week, but some deflation on the ask into the start of this week so maybe the MM were given a few more to offload this for someone, or someone is still working their position here. Long period of trouble ends up with the share relatively unloved until the company can prove itself again - I suspect there are still worries over the cash needs and until the next results come out in a few months there will be some betting on a third placing. But I'm betting against that view - I'm buying into sub 6p (picked up a few more today) with the opinion that the company has turned a corner. Won't see who's right until it's too late to take or untake a position - which is a bit old school compared to the orchestrated drama/farce playing out on some other AIM shares right now...

And it looks mostly one trader trying to get the ask down probing away... If you're reading this mate - no momentum so it will just stay the same and the MM will rinse you for 3% every time. There's no momentum because all the mug punters left this share months ago. And no I won't be selling, I've got years of patience.