Problem is Freddie you can provide F-all in the way of insight and opinion.
Everyone just seems to batter away the comments that were made in the 2nd December RNS and the fact that the AGM was not RNSd. It's very very significant.
they are following a pre-set raise plan that Novum always use.
I wonder what 'jam tomorrow' wheeze they'll dream up this coming Nov/Dec to get the SP going again. Just enough time for investors to ignore their generous salaries.
1. Warehouse Island - Special Vehicles need a special exotic place to park. Coming Shortly
2. Motorised Credit Facility - Like a rolling credit facility, just faster.
3. Life Extender Product - Make 2 weeks feel like 2 months.
4. Cryptographic Invisible ink (RNS Blend). Doesn't matter what you write, it will become meaningless with the passage of time. (Use in conjunction with Life Extender Product for best results)
5. Free trip to the ALGW AGM - You and a friend will be whisked away at 3.am on Monday morning to the fun and exciting accountancy offices on a former East London Dock for a dry meeting lasting 10 minutes (no questions allowed) . Note: Offer open to anyone with more than 25m shares in ALGW only. Tea & coffee included (biscuits extra).
6. An evening with Danny Swick. Dilution has never tasted so good. Join Danny and fiends and watch them drink in a dank and noisey Central London pub. Feel the exhiliration and anticipation of watching some of the core team leave early via a backdoor due to 'commitments'.
Not sure about you guys but this is starting to feel like same old moves again.
They don't serve alchohol at 08.00 on a Monday morning in an accountant's office. Raaydar.
I could go on a 3 month holiday come back to find you guys blowing smoke up each others.
I ain't flapping. I'm trying to point call out all the BS and excuses that people keep making for the board.
At the end of the day GS stated that there would be progress 'very shortly' , 2 months ago.
Please enlighten everyone how ALGW are currently gaining trust.
We haven't heard of them for weeks and they didn't even RNS the AGM (like they did last year). Where are the investor drinks invites?
It's all a bit quiet. Even a few die-hards on twitter now getting frustrated now. This has gone on too long.
Investor should be challenging the company and not each other. Asking questions such as;
1) Why was the AGM moved ahead a month?
2) 2 months have gone since the CF announcements and comments. Is there a problem?
3) What is the take-up like.
4) How about some more media to keep the interest going as investors have no support.
5) Issue and updated Shareholders list.
6) When will the website look finished?
Sorry but WTF are you?
If LSE is your only source of information and you rely on hope and loyality over reserach and associates then it's hardly suprising you support HFC.
Go do some research it's out there. Bet you didn't even know BR were the UK financial house either.
It seems that background news trickle over the weekend suggested that Black Rock are looking to increase the Credit Facility due to level of initial interest in the fund. No amount given but suggest 150m.
Suggest this maybe the reason for the delays.
All of the chartists, all of the 8=10p brigade have stumbled off rubbing their wallets and candlesticks.
ALGW pulled this exact same trick last year. Promised, what was it ? 'Product Launch' , got the SP going then went incommunicado, only to emerge with some grotty pub meet in central London that DS didn't even show up to. Not bad for a guy who was taking a full blooded salary and at the time didn't really have a product to sell.
The product launch eventually kind of happened in March and was met with a resounding meh, from the market.
At the time GS stated the now infamous 'very shortly' statement in December, it would be incredulous to think the lawyers weren't in receipt. That was nearly 8 weeks ago and January is all but over.
No doubt next November they'll come up with the next chesnut to get us all excited, probably involving Elon Musk or something and no doubt it will be 'imminent', just enough time to pay themselves a hansome salary but not quite enough to afford a cheap £15k a year IR/PR service.
Drop in Three Days. A fifth of the value of the company.
Go look at the buy to sell ratio today and try positive spin that.
Whatever is happening PIs are not privy to it but it hardly seems like someone is dumping this amount for the fun of it. It feels like 'informed' selling in a rush. If news was imminent then surely you would wait a couple of days before dumping.
If you want a happy clappy self confirming chat tank , just keep your eyes closed and fingers in your ears and keep bashing me. If you want to know where your investment is going , start pressuring the company to give answers.
Opidian - I'm not showing panic. Neither am I coming up with some cod technical theories as to where this is headed.
Someone has just dumped £40ks worth within 10 mins of trading this morning.
I don't have the power to make this thing drop 20% in 3 days but the broker does.
Don't whine on to me. Start whining to GS and DS. they are the ones who have overpromised.
My thinking is they are hedging their bets. But not releasing the AGM on RNS they can assess the voting on the resolutions and change the date they release news. It doesn't look as bad to the market if you re-schedule the AGM back to where you had it the year before if things are not going your way.
You have a choice. Listen to a tea leaf reader from the South West who has got it consistantly wrong or be realitic and realise that they are probably lowering the price to ensure the much talked about 2p raise level doesn't look overly discounted. This is the only reason for the contrived drop by Novum. As a significant holder I'm trying to be realisitc about what is going on as opposed to relying on charts that just reinforced an overly optimisitc world view.
I'd suggest that we'll see a proposal to take place after the AGM as an RNS soon.
Also, the fact that they must have been in discussions about the CF before 2nd (in order to mention it) makes to realise that they are now considerably overdue. They news is being held back for this long for a reason and the AGM has been advanced by a month to support said reason.
This stock is clearly being controlled to service the needs of someone other than PIs (which is not uncommmon). I hate DH and his criticism of this stock is based on personal venom and has little grounds in reality.
Take all that away and ask yourself in realitic terms why isn't this stock at 3p+ like the chartists have predicted?
Thus far Ophidian's tea leaf predictions have come to zero.
This share price is being controlled by people close to or associated to the company.
No reason for the SP to be where it is based on the potnential. Normal market forces and trade dynamics have nothing to do with the current price.