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Really good to see some more interest here today.
We have tested 8p twice in recent days. With results due this week (previous RNS says end of May) I'm glad I got in before the crowd this time. If 8p is broken then we can easily move to 15p. Looking at the market cap etc the news does t even have to be so incredible to see a significant re rate.
You make a fair point about the CEO but I'd suggest you check out George Lucan who was appointed as a director. He is a finance professional. It also states in the latest RNS that the company are searching for a reverse takeover candidate. It could not be any clearer.
Dan, the issue is you actually cant always buy shares. This rose significantly yesterday and has spent today consolidating at a higher price. I look at the company and the market cap and know it should be a lot higher. It is much more valuable than its market cap with a main market listing.
As far as I can see there have been a couple of sellers with very little volume. With one seller confirmed as out, this is why many feel this will move up very quickly shortly.
Previous results dont look bad. I look at market cap and with results before the end of May and a 1.5 million market cap I think this should be a lot higher.
Also worth noting the balance sheet and debt hang over was all known when iconic labs was set up. They wouldnt have taken it if they didnt think it was an easy turn around story. It's a extremely strong buy for me in the short, medium and long term.
If you look through the RNSs they do state they plan to have a clean balance sheet by mid 2020. (Dont ask me which, I've read loads). I think the new director Katherine would not have joined if things were not looking very positive. She knows the industry and knows business. The other directors know content and how to make things crazy popular
Dan, why are you so negative about this share? I was burnt here in the past too but I recognise that this company is nothing to do with wheels any more.
I can confirm that shares in this company are extremely difficult to buy. Yesterday they were NT for significant portions of the day. On Wednesday I spent half an hour unsuccessfully trying to buy and couldn't get any for the first 45 minutes reading yesterday. Today is clearly a consolidation day but it's a very positive signal that we are holding at these levels.
It would be a bit crazy to sell this right now. It's on the cusp of something huge. Look at the share price movement and the value of the company. It's worth so much as a RTO. If you've lost in the past then I think this could be a chance to make some money back here.
I managed to get in this morning as our 37 million share buyer. Very happy with that. Looking at the team that is being built here I have every confidence we will see many multiples of today's price in the future.
Moving!
The market cap is so low. This has to be a worthy RTO. Look at the board, all cleared up and ready now results have been released.
I think this has bottomed out again today. Will be good to see volume pick up and clear 6p again. Anything under 6p is a fantastic buy!
Full ask being paid. Think we are going to see a tick up very soon. Be amazing if we finish blue here. Well timed entry mate. Very low float so quick moves.
I think this is a strong buy today.
It's clear that the company has not stood still during lock down. Normal business will return with the addition of temperature screening. The covid drop is wag over done here. Definitely a buy at these levels
In anyone is thinking of selling or taking a profit, you'll find it very hard to buy, been nt for the last few minutes. If everyone holds this will really rocket now!
I've taken another nibble at 5.9p. Can see this rising further shortly!
Big sell printed today from yesterday coupled with the recent price action and strong bounce off the bottom suggests to me this is going to continue moving up. Very strong close today too!
Share price is on the up again - as predicted.
Hope everyone is locked and loaded!
I disagree with that statement. Nothing will ever go up in a straight line. We are still higher than we were 24 hours ago.
Defend, you have 9 posts mate. New account to try and get in lower?
Everyone else, look at the recent process action, I expect we will see a bit of a rise again before lunch, probably end the day with 30 to 40% but could just get lucky and see 10p!