Member Info for krull

Yep, even the last trade is showing as a sell, but going by the price, must be a buy order.

Before the USA launch, I would of thought a build up of supply would be needed to meet the demand!

Justin said he was stop lost out at 60p, he also said he would probably buy back in when the dust settles.

I don't want to tempt fate, but is does look like the big seller is done! Volume has tapered off, and the chunky trades are mostly buys.

A very big endorsement for the product!

I do wonder though, if it opens up the NHS to fraud, if some folk will take advantage, by selling their free prescriptions on ebay.

Other countries with free healthcare are likely to follow the NHS lead in my Opinion

Yes forgot, prescriptions are free in Wales and Scotland, only free in England from age 60

Free prescriptions start from the age of 60 in the UK. Sales will rocket now.

Yep, always going to get quick profit takers, I'm expecting another wave of buying soon.

Two chunky buys reported after the end of play.

With the appointment of joint corporate broker, I do wonder if it has anything to do with being approached with a takeover offer, the cash position is looking good, so can't see extra funds being needed.

Yes Imds, that's a lot of dilution on the way, the £2.4 million convertible note fundraise will be at nearly 80% discount to the current share price! That's probably close to 70% dilution

Am I right in thinking, the £2.4 million fundraise will be converted into shares at Circa 20% of the current share price.

The Company has raised gross proceeds of £2.4 million through the issue of unsecured convertible notes ("CLNs") convertible into the Company's ordinary shares of 0.01 pence ("Ordinary Shares") at a price of 0.035 pence per share. The CLNs have been placed by Patronus Partners with new and existing investors in the Company.

A 30% increase in profits and a reduction in debt should add up to a 30% increase in share price, at least I would have thought.

I get the impression, he ramps stocks up for his own gain! He changes his view to suit the circumstances

Yes, up until that point, the the RNS didn't look that bad to me!

Yes did see JW on the vox channel, not sure if I believe he got out at 60p though, maybe a bit under that! it went down quite fast to 55

Justin Waite said he was stopped out 60p

Looks like insider selling to me, chunky round number trades, so could be someone with a big holding.

I could be wrong, but the M3 news was basically a small set back and shouldn't have such a devastating effect on the share price, so it's makes folk think the drop is over done on that news alone and are more likely not to sell so holding the price up but in truth, something else is afoot and the insiders know about it. Just my opinion.

In my opinion the M3 news is a red herring, to mask a fund raise going on