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Have they resolved the dispute with Hainan? That is the reason this pulled back in the first place.

Obviously happy with this movement, but we can't forget that this risk still exists. (I am bullish KOD long-term, have been since 2020).

Something definitely going on. The short interest was nowhere near enough for this to be considered a squeeze. It's definitely a rerating, possibly just because of how undervalued it was before.

But today's price action in particular gets me thinking that someone definitely knows something

Interesting price action. Glad to see the rerating has continued this week, hope it maintains pace in the shorter week next week.

My initial target here was 515. 600 now seems possible.

Reading through the AR it seems they are putting the blame on Puttstars not being as successful as they thought. They're writing that off as impairment and not going to continue growing that side of the business.

IMO they just need to control staff & centre costs, they have invested heavily in solar - which is great - but will take some time to see ROI.

This drop seems an overreaction, no doubt we will be back to 330 within a month or two.

I can't believe how quiet this board is, up 30% in the week!

This move is very welcome and must be wiping out the shorts. 330 seemed like a stupidly low valuation, I was actually expecting a takeover bid to come in any day if it continued down there.

Even at £1bn this is very, very cheap to many big US tech players. We must be due some figures soon, I hope they impress and give us a deeper understanding of the business.

RPI is easily a $1bn dollar company (which after close today, it has once again become). Plenty of growth potential here.

This should be a glimmering example of UK tech success but for some reason has been hidden away in a relatively quiet IPO with significant short interest (unjustifiably imo). Anyone who got in at 330 or under grabbed a bargain, as I did ;)

And today it has been announced, along with a new Raspberry Pi Monitor. Nice that they got it out (just) in time for XMAS

Nice director buy here, shaping up well

LTN base is super interesting.. they're clearly gunning for EasyJet now. And to be fair, I think they have a good shot at it.

Jet2 will be a nice "TUI-lite" offering at Luton which has pretty much been budget bargain basement in terms of airline offerings for the last decade.

Extremely concerning. Makes you wonder how things with the Chinese have really been going behind the scenes.

It was definitely trying to breach 400 a couple of times today, unfortunately failed. Hopefully momentum continues in the morning.

Strange that this price action is on the back of no news and it's not like the market was dragging it up.

I don't think it will have any issues. It's basically just a repackaged Raspberry Pi 5 in an 'all-in-one' style desktop.

Good catch waccybaccy. Hope they can get this to market before Christmas shopping ramps up

If it's linked to government/NHS could it be tied to the Autumn budget? Just a random theory on the top of my head but NHS might be able to offload phlebotomy services onto private vendors.

Though, if this was all decided in July, that would be pre Labour govt.

Did Penny give any timeline on when we could expect her big news announcement?

Did the IPO lock-up period just end today or something? That's mental if this is the case and not a good sign.

The only slightly positive spin I could see is maybe they were all quite tight for cash pre-IPO and the agreement was the IPO would be their de-facto bonus for the year rather than through salary?

It was probably just a gamble based on the fact that it is trading under cash and there was the possibility of good news (though it never came). You have to remember this is an incredibly illiquid stock so any transactions of any size can get this moving frantically.

JPM short seemed to be off the back of the assumption that all new London IPOs fail instantly.

Glad they've been burnt.

To be fair, these are seriously geeky people (particularly Dr Upton) and this is the first time they've ever had to hold this kind of call publicly.

Hopefully they find their footing and make a more professional impression next time.