Member Info for LtdAxis

Well if you have deep enough pockets buying these shares whilst priced at less than half the actual value of the true market cap probably makes sense. There's no debt attached

This caught my eye in today's Ensilica RNS

"...we recently achieved a new milestone by securing our first customer licence with a leading semiconductor supplier through release of our Post-Quantum Cryptography accelerators IP. "

I think we knew it would be bad …just not the bit about failing to secure the funding boost which might have been transformational.

Things have picked up on many investments recently so next update should be better although I doubt there will be much interest in the short term . I think this could retrace to around 0.01p which would be a steal relative to value

Brutally honest RNS

You can get 100m shares for around 15k so this is all piddly volume really

Some buy orders triggered at 0.015p ?

Compared to year lows:

Cornerstone (6.5p to 30p today)

Skilcast (18p to 29.5p)

Code (110p to 157.5p)

Ensilica ( 29p to 48 p today)

Vela….. don’t ask !

The above are all down in initial buy in but doing much better. CDT is 3x what it was not so long ago …although half what it was recently

Now up to $3.64

If meaningful news is announced then Ciz and Vela will have played a blinder to hold ….

SEC filings show a big buy in by Polar Asset Management (a Canadian outfit) on a par with Vela’s holding .

They’re presenting at a conference today …

Wonder what’s just been said at the conference to boost the share price ?

Suthy: Sold my vela ( on stop loss) at0.02p a while back. My average had been 0.025 and had sold some nearer 0.03 so all in all was about even. Better to invest in the companies that vela invest in. My little flutter here (£1500) was from profit from Ensilica.

Have already Steve . 20%. 👍

To buy in at 0.9719 yesterday 👍

I bought some today ( shown as sell)

Sorry…Mti wireless and Ensilica nowhere near year highs…but much improved recently !

Ensilica, Skilcast, Mti wireless and cornerstone all on a good run and near year highs on all of them

Https://www.lse.co.uk/rns/VELA/163250000-investment-in-skillcast-group-plc-08q6vlhnoafbyso.html

another investment picking up nicely......but still below the 37p buy in.

Ensilca is proving a good flutter at 31.5p. Should be back up to 50/60p in the coming weeks as it was way oversold in my opinion. Wish I had bought a few more now, although I did add a few Cornerstone on the pullback yesterday

Suthy is just a trader. His style is not to my taste but I would just ignore him. It's quite easy to do.

Also being a trader my main thought is to whether this has hit the bottom or not . I'm glad I resisted yesterday as sentiment is low and being driven lower by the downtrend in bitcoin.

I think I will look to get in below 1p now, although I can't say for certain it will drop that low.

As for the company as a whole I gave up trying to work out whether it is a legit business or a long running 'farce' quite a while ago. In truth it's probably both.

Cornerstone still motoring and must be close to profit ?

Wish I’d added some at 6p a year ago!

I have built a position in Ensilica now at 31.5p.

Seems better to gamble on our investments at a low rather than vela itself! Enet is a good example and have done well trading that recently .