Member Info for JohnHenry

developing around the 0.2p area

sells now ahead of buys, theres been 100,000,000 more sells than buys since the bid went to 0.2p

for the second day shed loads of resistance at 0.2p

MEM the company raises funds through bucket shops where the Placees are simply flippers.

Not shocking at all sellers in th 3 and 2s buyer returning in the 1s

Simply traders who rode the spike from 0.12p dumping stock.

some large trades being dumped together. Agree placing shares still being sold.

The recent collapse in the UK gas price hasnt helped sentiment. Together with warrant holder selling, probably Aleph and director selling has cast a negative tone over the company.

@ 17-18p may get filled.

@ 7p

Less than 6 weeks since the presentation and already the timelines have been shot to bits.
Company is Notoriously poor at ever hitting timelines.

12 days to inform, Lucan certainly needs to install better governance.

Maestro1 The market at present is not seeing the asset value. It seeing the company being run by the same old BOD who for the past 18years have destroyed shareholder value. Company isnt even a 1/4 of the value of the funds spent on the asset.
Humphries and Featherby need to go and a more younger respected dynamic CEO put in place.

Russel the FSS contract will go to Team UK imho

Placing shares still being churned its gonna take a while to work through 60.000.000 shares.
When a company has to raise funds through bucket shops your get s hit after market for months.

In the 9 weeks since the initial break and move higher there has been two green weeks and we are in the 7th red week.
Support should appear around 1.55-1.65p

with major holder, director selling.

to clear the placing flippers.

Causes negative sentiment matter how small the amount sold

or a screw loose.