Probably be an rns out soon stating Hummingbird have counterclaim for targets not met and breach of contract etc , all very messy and I’m out .
How Dan can mess this up is mind blowing !!!!!
You can argue all you want about the funding etc but the huge ?? to me was the wording in the last rns that nobody has mentioned.
We’ve gone from a paradigm change to what AV6000 will achieve to a “ will enable us to compete with other products “ !!!!!!
This has all the hallmarks of the world beating LFT they were producing, worrying .
So in a few short months we’ve gone from a “paradigm shift” to competing with others!!!!
Sadly just another LFT product fiasco that will no doubt fizzle out over the next 2/3 years. Enough time to give the bent directors of this company a few more healthy paydays.
Aim should just be renamed the pirates wealth exchange.
Concerned about the info re lack of fuel situation , had notice that mining stopped an over 3 weeks ago but nothing to say it’s restarted !!!
What’s frustrating with this company is that with a much better PR & more under estimating they would still be in the same position production wise but the share price would be double. Punters would buy in on the expectation of future results rather than the constant knock backs. The price is where it is purely on Dan’s constant missed over stating production levels.
He will never learn , say less achieve more.
Don’t think any of the open offer will be taken up when you can buy them 10% cheaper now. Assume it will be underwritten by CiG !!!!!
Dan should write a book - how to score 3 own goals when you’re 2 nil up.
In Dan’s language 200k per year by mid 2024 means Kor want be fully running until mid 2024, factor in his usual over estimating and it’s likely that it will be early 2025 before that’s achieved.
Then factor in the Aisc that slower production will cause over that period and suddenly Hum are struggling with Kor.
Dan and his cronies have the great ability to turn optimism into pessimism in such a small period of time.
I cling onto the hope that even this BoD’s can’t be as incompetent as the Covid government. Also if they say our tests didn’t reach the accuracy required how the hell did we end up with billions of ££ worth of Chinese LFT . They should be claiming that back but then again we mustn’t upset the Chinese must we.
50% hahaha ,
That would be dream land for our government more like 5% to justify ordering Chinese sh** , meanwhile UK companies will have to achieve 99.99% to get considered for supplying.
If this goes to trial it will be June by which time we will probably be near a general election. I don’t think the government will want it back in the news reminding them how incompetent they were during covid.
Hopefully a settlement long before then which will mainly favour us .
The rewards these guys get for failure astounds me.
All these SP incentives should all be linked to the actual share price.
Just another example of Aim legalised corruption.
7.79 offer price -
Surely anyone thinking of taking up the offer would just do buy them in the open market now for less!!!
Yeah the company said on 7th Dec that things now in full swing ,my worry is that Oct/Nov were very poor so Q4 will be down on forecast.
If so then hopefully a good Dec/Jan will be good to get us back on track.Maybe they've been waking for Jan figures before releasing numbers !!
Afraid the RNs just showed the company is totally rudderless ,
Might well have said , “here is our ****e figures that you probably already know. We have absolutely no idea what’s happening this year. We can’t even give you any idea if we will even have any sales this year but don’t worry we still have £87M in cash. With regards the DHSC dispute then we are just waiting for the government to tell us when they will get around to looking at the problem.
Errr can’t think of anything else our shareholders would be interested in so until the next update goodbye”
We desperately need a new CEO who can give us some direction.
The government have said that 20% of Chinese will be tested on arrival.
No doubt we will find out how reliable their tests are when 75% will be found positive !!!!
Hopefully Nova will be doing the tests.
Most travellers will need to do a test before arriving so this will all depend IF we can sell tests to the Chinese, won’t be easy.
Yeah , glad to see that as we approach 2023 government incompetence continues .
Don’t know why they are bothering reporting about a trifling amount of £38M , the government wasted billions on tracing and testing.
The whole episode is a complete disaster of wasted money and lining pockets.
The Chinese don't buy quality they just sell sh**e.
If our sorry state of a government chased the Chinese for a rebate on all the 3rd rate test we bought then not only could they pay our nurses a decent wage, they could stop trying to put good UK companies out of business.
Kilkenny -
So either the government gave us a contract then after tested our products and found them faulty , OR tested our products and gave us a contract even though they didn’t pass, Or gave us a contract without testing them but then found out afterwards they failed the test.
Either way I guess total incompetence comes to mind and it’s not Nova .