Member Info for LWHL

I was about to post and say I will concede defeat at 93p, but see you posted first :)

Am curious to know, what is your target exit price if you get your 90p buy in price?

I am waiting for 92p for my next purchase, should it come.

No certainties in life of course, but we have not had any II reductions since the update, and I retain confidence that my current trade will yield a profit. But time will tell and I am somewhat surprised that we did not see a bigger bounce off the 200 back then. GLA.

Very oversold on the RSI now.

I agree it looks to be a healthy retrace at the time of print.

See what the next few days bring. GLA.

I nibbled a few more myself. Over 4% dividend now. Happy to sit on these until I get my target price, subject to the usual caveats. GLA.

This was covered before by another poster: the borrow costs are sky high apparently.

Rendering the risk/reward metrics, even allowing for a potential halving of the current SP, as poor. Hence the controlled short reduction here.

I would be interested, if anyone knows, do shorts borrow shares on a fixed borrow cost over a certain period of time, or do the costs fluctuate on a daily basis?

FWIW, I am still rooting for the longs here.

Well, it's higher highs, even if they keep getting sold off.

That said, I would be lying if I said I did not let a few more go myself :)

That double bottom last week of 380p could prove to be the actual bottom, but the chart is puzzling me.

Hence these continued sells I keep making. Probably against better judgement, lol.

The trouble is, looking in from the outside, with the lack of any asset sales, or any other income stream at this stage, you can understand why some may have concerns about the existing cash runway here.

Correct me if I am wrong, but did the company give any confirmation of the length of the cash runway since the last raise?

I see that things are starting to get a bit tetchy on this chat board now (having looked in for the first time in a while and reading over some of the comments since then), and I have no opinion on what the next raise price might be (assuming indeed they even have one) but the concept itself is not an unreasonable one in itself, IMO.

I thought it was December? Either way, not going to fight this trend. Glad I did not get earlier buy orders filled.

Would be 10% down on those right now, lol.

I am going to wait for 50's now as well, then just add a few more to tuck away. That is what this share is for me.

I have plenty of others that I more actively trade. I like having a few that I do the old fashioned thing with.

Hope the BOD justifies this faith. Agree with the opinion of wanting to see some good inside buying when the chance arises.

Good weekend all.

Low volume, but I will take it :)

Hopefully the markets play nicely next week and if so, we should have another pop at the 69p level. Not looking further ahead than that right now. Good weekend all.

At least no additional shorts disclosed today after hours. We will find out on Monday if they, or anyone else, has made any further moves.

Nice to have a (small) up day here, but only market wide sentiment, rather than company-specific. Not that I am complaining, lol.

See what next week brings, but hopefully we have a go at the 200 DMA at least. I would expect it to be rejected on the first attempt, but the good Lord loves a trier! So let's give it a go :) Good weekend all.

The next update must not disappoint though.

As long as they deliver, then I agree that this current price will likely be most agreeable to those in here recently.

The gamble is whether they mess it up, which is why we can currently buy sub 5 quid. And if they do, be prepared to have the chance to buy sub 4 quid, IMO.

Which I will take a fresh view on at that time, if it comes to pass. GLA.

About 382p. Not necessarily a good risk/reward play, but I could see the temptation of buying that 381p-ish level and selling for 390p-ish for quick 2% plus gains. Would need to buy a decent slug to make it worthwhile though, and not one that I plan to execute here. No telling if this level cracks to the downside, and then your plan goes up in smoke!

Originally I had a respectable slug here (built over multiple buys in that lower range) and planned to cash them mostly or entirely out between 400p-415p.

Which might still prove to have been the right strategy, but I will take the reduced profits if it still comes to pass.

Assuming I do not end up dumping the rest before then, lol.

Must be a large iceberg seller, with a set order around that particular level I guess.

Anyway, sooner or later they/it will clear.

No disclosed short in this name either, so that is a positive.

Welcome aboard, Stupmy. I feel the same, hence my own book mark holding here right now, as we discussed the other day.

The illiquidity will hopefully work in our favour at some point.

And it should be due a test of the 50 DMA soon IMO, although that is just speculation of course.

That or a retest of 400p-ish before the Budget, continuing the speculative theme :) GLA.

I wonder if the BOD feels sheepish in putting out the retail raise extension RNS this morning?

I have participated in raises over the years, but never been tempted to do so when I can buy cheaper on the open market.

Welcome to AIM, Countach :)

Hopefully increase his stake! A buy out offer would suit me even more...especially if he did this before I lost my

gentleman's bet, lol :)

I took another baby tranche not long after the last update, anticipating that this one would finally re-rate.

Serves me right for not waiting for Songwe funding specifics, lol.

I agree with you, bonker. The SP action since that RNS looks very familiar.

So, I am sticking with my two small tranches and will sit back now and wait to see if this is going to end up being another example of an AIM wealth-destroyer, or will actually be one of the few that is the exception to the norm.

Good update today as well, but not enough to finally remove those doubts that only a sufficient amount of cash will finally put to bed. AIMO & GLA.

I have let a few more go around break even.

Would rather have a little more cash to deploy elsewhere, or potentially back in here, if we either revisit the 360's on nothing company-specific, or get a definitive break upwards.

I just do not have a feel for this one right now. I expected the BB's would take a little while to make a difference, but the SP action is so weak here, even with that artificial stimulant.

Not bearish as such, just think my timing is off.

Have enough left in the tank as a hedge, should my impatience be a mistake and a break upwards imminent. GLA.

I am inclined to agree with you about the short term nature of that candle.

A close above 103.58 today might make both of us wrong :) IMO the odds are against it, but either way, no impact on my trade here. GLA.

10.04am red candle with long lower wick. Bullish reversal signal?