Member Info for jimbobtechstock

Knock knock knock - yes that's still the floor no matter how many times you recirculate 100k sells...

(I meant existing Signature shareholders of course)

I assume one reason why Signature would list is to give existing shareholders an exit - it's not always about milking the market for more and more funds (though of course they might well do that too).

For you guys who stayed the course and I hope you see some decent recovery on your portfolios. Just ask yourself why did the derampers turn up last week? The suspension is excellent news IMO as it has locked them in now - if anyone gets an offer for a private sale via their brokers during suspension do let this thread know. It will confirm my suspicion about how this got screwed into the floor. Good luck everyone - yes I'm a tad jealous that I sold out but I've had a good run the last few months and if anyone you guys here deserve some reward for your patience.

Reasonable volume for a change yesterday, plus that cancellation shows the buy being re-worked for a lower price (broker must have sold a few and re-bought under 6p when the price fell). Could mark a local low on this cycle. Hopefully.

No idea Fred, I'm not banking on the recovery being news-driven because I think it's being held low as part of a strategy to rinse out weaker holders from a less-than-quality placing at 8p. As a friend explained things, very soon after a placing is announced speculators take positions to anticipate what the price will be when every share in that placing gets played according to modelling of market behaviour. So basically PIs can rarely benefit from a placing of any significant size to make a quick profit because someone would have flipped their shares for them already - by opening shorts in advance of the quick flip. I've seen similar on other shares - though this is stuck in a trap far longer than I had expected and could be something to do with what another contact told me: employees and previous owners of some of the business units bought by APC under Mark Robinson were given APC shares as part of that deal and it's believe that some of those employees and/or shareholders sold their APC shares when the units were sold off or staff laid off. So one can't bank on a recovery to any level purely down to share technicals but if there are positions still to be closed then we will see a lift. My main analysis though is on the mcap, if the full year results can be trusted (and I believe the new CEO will not be playing games - especially after the fate of his predecessor regarding that calamitous forward advice of profit followed quickly by profit warning) then I believe APC really should be valued at around £10m mcap even though it has still somewhere to go to proving itself again to the market. So I think another possible reason for the dip is that it's being held back on ongoing balance sheet weakness. On paper APC can survive without a third rescue placing but I can't blame anyone for betting the other way. I bought on dips and will add again if it falls below my average, but I'm playing a long a patient game here. Re-rate could come out of the blue at any time, but equally might be months away, if indeed at all. I previously held APC for quite a while until I started trading some to reduce my substantial loss in the trap. Now I see myself back to square one and am happy to hold long term again.

Bloody frustrating when shares get stuck in the mud like this but on 7.5m mcap I've made a call that there's a viable core business left and therefore don't see much downside from here.

I think we can all agree on, in this cess pit of a market place, where subterfuge is the norm, is that THE VAST MAJORITY of PARTICIPANTS are here to MAKE MONEY. Sure, we all have curiosities, some of us have personal grievances (I've lost a lot of money - but I blame what I suspect to be massive unregistered shorts and cheerleader-derampers for the failure under Brett and Shishr to turn the mine around. Yes, the seeds of failure were sewn by two previous CEOs who failed to get the mine up to production, but I bought in big for Brett and Shishr)... So some have grievances, and are driven by a desire to redress those grievances, but the vast majority of investors, and also POSTERS on an INVESTMENT FORUM are here to make money. They are here to cheer-on their investment. Or short. I like to see things in black and white. I classify every negative poster as a shorter or a deramper looking to get in lower (the latter is clearly not applicable with STGR right now). It's that simple. And how wrong am I? How wrong can I be? Because if we agree that the vast majority of participants on an investment forum are here to make money we agree that the negs have an interest in a lower price and the rampers/positives have a vested interest in a higher price. The discussion here is somewhat academic, but a couple of posters earlier seemed to suggest a good company can survive the shorting and also that a company should not make enemies of the financiers. Think about this for a minute. It's exactly what I have been saying all along. A grudge short, ie an abusive short in SEC terms, can kill a smallcap. The share capital can be doubled by shorters. They can sell short into most rises and kill the rise, the punters throw in the towel, the spilled shares are collected at a loss and the shorters profit. Given naked shorting is still legal and does still go on it's actually worse than that. Covererd shorts limit the effective share capital at twice the authorised share capital (because every short has to be covered by a real share). But naked shorts put no upper limit on the effective share capital. They can kill *ANY* rise. I'm not saying the BOD even under Brett didn't make mistakes, but my grievance is that they were never given a CHANCE with Lohorano because the select few controlling AIM and AIM finance decided to make STGR pay through the nose for any new finance by depressing the share price through shorts (plus I believe killed sentiment with deramping). Given this situation, Brett sought out the Bass deal. The initial transaction looked good on paper but wasn't good enough for BSM financiers because they didn't control the asset. The second deal didn't look so good but was OK by me. How they ended up with the discount payoff still baffles me. But I digress. The derampers here - are here for a reason. We all are. That reason in money.

It's ok greenhills I'll let you have the last word - take it away....

I assert: posters who don't disclose their agenda are more duplicitous than those who do. Secondly it is frankly ridiculous to suggest that destroying investor sentiment has no bearing on the company's ability to raise funds from those very same investors. If de-ramping didn't work they wouldn't do it. But they do.

Glad you're not denying it. The more that PIs learn what actually goes on the less they will be swayed by persistent negative derampers. I seem to remember someone posting that the license area was bad, then 2 sets of DD and an indelendent qualified person appointed by Bass' financiers signed off on the deal. So when I talk about sleeping at night I mean I've never knowingly posted anything that I didn't firmly believe to be true at the time just as I've never hid my position (short or long) from others so that they will read my posts in the context of a holder (and the rose tinted holder view is well known) I'm taking an interest in this board by the way because the contra-indicators are here and so it's back on my watch list.

All part of the broker service, eh? Companies with more than half a chance can be destroyed by lack of access to capital and the shorters, apart from not having the balls to admit their position thereby misleading more investors than the longs who were happy to admit they were cheerleading their own position, didn't care that they were taking down a good ship in their raid on the company.

Roll the dice knows the exact date. Why is he following this so closely? Part of the crew that wilfully destroyed this and working to a timetable to finally close those shorts that never got registered with the FCA right in the 11th hour? One day I'll get to the bottom of what went on here - and not just for my own personal interest. I for one sleep soundly at night knowing my overall aim each day is creation not destruction

Despite me following this share and the developments incredibly closely for best part of 2 years, including contact with the BOD where possible, I'm at a loss to explain the offloading of the BSM position for cash at a discount and also the corresponding BSM share price retrace back to 13c. It looked like a BSM steal but why is BSM not flying now they have the whole mine? Not that BSM affects STGR anymore after the offloading. Not that it affect me anymore either, I was in here for graphite (I sold out before Christmas at a substantial loss when they announced the intention to pivot for gold) and right until the last minute on the BSM deal I was fairly confident that Lohorano (first plant) would be up at full production by now and work well underway on plant 2. Wonder if the decoupling of BSM and STGR means that Mr Poddar is no longer overseeing the technical aspects, and that is affecting BSM now? Just a thought. But as I say irrelevant to Stratmin because they no longer hold BSM. Smack in the face to see the odd deramper proved right and gloating, despite their steering of the sentiment by talking the share down at every opportunity leading a chain of events which meant Stratmin couldn't raise money off its own listing, leading to the BSM deal, and then the BSM steal, and leading to here. If the new BOD had been given half a chance to get some serious cash to do it themselves... All history now I guess. I'm still mortified thinking about where this looked to be going at 5p 18 months ago but I really hope the remaining holders get some respite with a good RTO. GLAH

So long as the storm is a shower of sunshine raining down on APC reflected in the share price moving up towards 10p and redressing a huge disparity in value then yes, hopefully!

Look at that trading - looks like circular money to me, working it whilst this is so far off the PI radar now after the monster fkup in 2015.

It's all in the game. Buyer is more patient than the seller.... Or the seller is the buyer! My money is *still* on a shorter closing. Let's see how the chat looks after a few of these up/down pushes.

Already in 10% profit for my under 6p buys but the liquidity is still tight. Possibility of warrant flippers kicking in approaching 8p placing price then next target 10p where I then expect to meet some warrant resistance from warrants themselves.

(As per normal on APC of late!) MM walked the price down for buys earlier, 6.15p down to 6.16p down to 6.145p on successive buying. Now it's back up, 6.25p and 6.3999p. Most recent placing was at 8p with warrants at 10p and the only thing that changed since then is IMO good news disposal of the loss making division and confirmation in annual results that there is still a profitable core. I'll be damned it there isn't some bad position being worked out of the system and once cleared hopefully we'll be back up to a more sane level and mcap around that placing price, then up to 10p where we'll likely hit warrant resistance.

Thanks Sahid. The price today is too low for a profitable business the size of APC IMO therefore the market does not yet believe RH has carved out a profitable core business. It's a great price to take a bet there is profitability here now and the derampers last month were instrumental in tipping me into averaging down under 6p. I'm not investing on takeover prospects but I can't see the board recommending anything less than 10p/share under many circumstances bar immininent cashflow issues and I'd be hoping for £15-20m at least if the company is now profitable again. In short it's still being priced to fail and it's worth a bet on success.