Member Info for Kev7722

That 'news' will be the full year accounts, so largely backwards looking... it may provide some useful updates re. the state of legislative play though (pun intended)

There's been a few separate attempts to push through the 0.1p mark today... definitely up against some resistance from sellers though. I do think that once that's gone then there's another leg up, even without news

CF - what's the source?

Psychological barrier (for PI's at least) at 0.1p - if that's broken this afternoon then it may push up significantly into close... that's a big if though!

Obviously the more this rises before news the more that news is priced in... assuming the news is as everone expects then I still see a healthy gain off the back of it, but perhaps not the fireworks we would have see if the news had landed a couple of days ago

My advice - don't get too hung up on what you or others perceive to be fair value... if you're in from (I assume you mean) .043, then you're 'little profit' is actually close to a 100% rise. If you're remotely uncertain then top slice - you've still got skin in the game and you've worked a position where your worst case scenario is that you're back to where you started.

Much less underwater now than he was 10 minutes ago though eh? ;)

Infact I think the relatively tight spread coupled with the rapid SP movement is confusing the buys v sells... my 16:11:18 top up of 8.5m shares is printed as a sell

Rob - the spread is much tighter in reality than the 15% being quoted on here

Great logic... by the extension of that same argument then presumably £1.50 was stupidly high?

If it's rising this rapidly in anticipation of news then I don't think 2p is that unrealistic if the news is very positive

65p is hardly 'stupidly low' - it was comfortably trading in that range for quite a while until around May... and there hasn't been a great deal of reportable progress since then. Infact, when the SP first shot up they had to issue a speeding ticket confirming as much.

Thanks Mani, good enough for me - just picked up c.14k shares at just under 50p

Hi Mani, good to see you're still doing the rounds on these boards...

I was in INDV immediately after the indictment news back in April, and exited a few weeks later with a reasonable profit, but have kept one eye on this ever since. Do you have a 'gut' feel for the outcome of this case? Dismissal would obviously be fantastic, but it sounds like the consensus is that they are likely to settle... the question being how much for...?

Trying to decide whether to get back in ahead of expected news later today - I think I need a push one way or the other!

Having checked in here after a couple of months out of FARN to see that you're still bashing Mani constantly speaks volumes... I've seen nothing so far from the company / SP to prove her wrong...

The drop to the low 80's happened faster than I'd anticipated though - hope there's not too many people that got spiked around the £1.50 mark back in June... they'd be nursing substantial paper losses by now :/

To be fair, it’s hardly deramping to observe that after two very strong blue days a retrace is likely in the absence of news... if it happens then great, just an opportunity to get in lower if the feeling is that the RNS is only days away

Zen… Presumably you disagree that holding about £1 was important? Or that AIM shares tend to
drift in the absence of news? I doubt it’ll see 60p again, but I’m expecting low 80’s over the next few weeks unless there is positive news beforehand

The £1 mark is an important psychological barrier for many investors... I think this needs to close above that, otherwise I can see the SP continuing to drift lower until the next update (IMO)

Surely that's price sensitive so they'd have to at least acknowledge the existence of the quote and comment on its validity as soon as reasonably possible...

Leaky leaky Investinvalue ;)

Baz - are you posting links to your own twitter feed? If so I'm not sure it's adding much value in terms of pooling our knowledge...?

FYI I'm taking a position here today... the spread is pretty horrific but at c. 3.5p it's a decent speculative play IMO - obviously the market is far from convinced that the disposal will materialise, but the potential upside here is clear to see. Definitely not one to bet the house on mind...