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Thanks for sharing. I really liked this line

“ Green tech is at a tipping point where it could take off explosively - just like the smartphone did. And, just like the smartphone, it could bring a revolution in how we do much more than just create energy.”

It looks like we may drift beneath 11p the way things are going with these GS sells. But GS should run out this week (finally) if my calculations are correct so I anticipate a strong finish to the week, as the sells stop and the buys come in, and the excitement builds for the Q3 results as well.

Excellent work, Lionel - well done Sir!

Well tbf the charts were pointing towards 20p+

Had we broken 15p, like we almost did, we would be there by now.

Next time it will happen.

Fine will the 750k certainly was and obvs that’s 75% of today’s sells.

Without that the bugs vs sells would’ve been 10 vs 1 at worst.

Buys vs Sells are 2.75m vs 1m today. Precise figures below.

Vol. Bought 2,755,455
Vol. Sold 1,002,464

All of those sells are Golden Summit (split in 750k, 150k and 100k chunks this time).

No one else is selling. Everyone else has instead been buying.

Why are they buying? Because they know Golden Summit are on the cusp of running out of shares, and because they know this is currently the bargain of the decade at sub 12-13p (less than the audited trailing NAV per share).

Once GS are out, which will be very soon, this will suddenly start rising, and there will be no one to stop the rise. We will burst through 15p next time.

Keep doing your own research (the news that's coming out each & every week makes the investment case stronger and stronger IMHO), and best of luck to us all : )

That's 1m in sells so far, if we were to include the 100k and 150k sells earlier in the day.

Alfacomp - you're absolutely spot on!

I topped up repeatedly on the way up last week and my last one was around 14p. Do I regret it? Not really, because I'm here for the long term, and actually very happy to have loaded up at what are very much bargain prices.

You could argue my timing could've been better but had we burst through 15p like I believed we would we would been trading at 20p+ by now so it made complete sense at the time.

Am I punter? Certainly not. I may not be a big investor (I'm on a decent wage but I'm only in my 20s and came from a family with no money to give me), but I'm certainly not a punter.

Here for the long-term. Although, having said that, I do not believe 100p+ is as far away as some people think!

what's triggered the sudden rise? haha

Well done to jolly & everyone else here : )

Correct, it works like WhatsApp. There isn’t loads of talk (there was more when it was rising!) but there’s some discussion on there and that’s better than nothing when LSE is down!

https://www.forbes.com/sites/rrapier/2020/10/24/why-vanadium-flow-batteries-may-be-the-future-of-utility-scale-energy-storage/#7d3296db2305

https://cleantechnica.com/2020/10/05/discover-the-little-known-metal-many-experts-now-believe-could-be-the-solution-to-renewable-energys-biggest-challenges/

28-Oct-20 12:34:01 12.2083 600,000 Buy* 11.50 11.75 73.25k O

I am jealous of whoever that is! Wish I had that sort of money to take advantage of these prices in the days just before GS run out of shares!

This is why I've downloaded the Telegram app - it's a godsend!

Also let's not forget that amazing news could be announced via RNS at any moment, which would trigger a huge re-rate instantly.

And the news that this will be trading in SETS is amazing news, because it means we'll soon break free from the MMs manipulation too.

Very exciting times ahead : )

Yeah this is excellent news!

This will re-rate once we've broken free from the MMs manipulation.

for estimates sales and profit, the EV/EBIT is crazy low.

EV = Market Cap (£600m) plus debt (none!) minus cash (probably will be £200m) = £400m
EBIT = £330m

£400m / £330m = 1.2 ish

Anything below 10 is good value

Something as low as 1-2 is super undervalued.

For a pharma company that's growing so fast and cash rich this makes no sense whatsoever.

This is due a huge re-rate, so I'm happy to continue loading up, and holding on tight

GLA

Download the Telegram app so we can talk on there if the LSE crashes again!

Not quite true, had it been timed back in March/early April they would've had a field day. But yeah they do seem rather lucky!

Time for an early Q3 Update perhaps?

Feels as though they are, and I know some predicted they wouldn’t be done until start of November.

Still believe this will move upwards fast once they finally clear off.

Shall we have a (virtual) party when they finally do?