Member Info for LWHL

Wait until confirmation that the current dividend is going to be maintained, before getting too excited about it.

Although after the latest update, a cut would be taken very badly by the market IMO. As well it should be - but not long to wait now to find out, so no point testing the blood pressure levels in the meantime :)

I am tempted to, but overweight here. Might anyway!

Gold (and to a degree the silver) chart is IMO looking primed to break to the upside.

I took a few Barrick for a side pot trade the other day. Might be worth a look, if you do not already have some/have it on your radar.

Not necessarily as likely to see explosive movement as this one can, but it is a much better quality outfit, better management too, so also less risk IMO.

All that said, I have a lot more FRES, which I would like to trim at some point, so hoping that it gives me one of its special moves before too much longer, so I can reposition to something a bit more sensible in proportion.

As long as they do not increase the amount of freebies that they hand out to senior staff, then yes. Bit wary of this lot to be honest.

Hopefully the imminent update will put my mind to rest somewhat on this front.

SP held up well throughout the day. Would be good if we could sustain this going into said update, and then kick on to the 70's thereafter. Do not see it happening earlier than a (good) update.

Ultimately, the only solution (to pretty much all problems) is less government, not more. I include central banks in that basket.

And while I agree with you that the US is (currently) able to pull such manoeuvres off, which we cannot, they will not be able to continue like this indefinitely.

Was it 1970 they were the biggest creditor nation, and as of last year or so, now they are the biggest debtor nation?

Absolute madness! But this debt bubble still has legs I think, so not going to collapse imminently.

I agree with you about AB and the damage the BoE has done more generally though.

IMO, the rot really seemed to start when the gold selling PM announced that it would become 'independent'.

Certainly the actions and decisions of the BoE, going back to Carney anyway, do not IMO give the impression of an institution that was (or is) remotely independent from the political sphere. But I can feel myself about to go into another long rant about this stuff, interest rate policy since the GFC etc....so instead I will log off and get stuck into some fairly pleasant red :) GLA.

Depends on the debt service cost/maturity dates etc, although generally I agree with the point you make.

The news today was good, but the business update is even more important.

Good weekend all.

As always with this one...absolutely no idea!

But having stuck with my original plan and taken profits again the other day, a little short of my target, I did not expect to have the chance to return, after those holdings RNS's we have seen.

Clearly must be a large seller, not just short manipulation, IMO.

Nevertheless, I have retaken a very small tranche (300 shares) just now.

By far my smallest tranche here to date, because I do not tend to, or like buying, on a Friday afternoon. Also having taken a battering on a couple of other stocks recently, I am feeling a little more cautious! Will round the number up to a more sensible level next week if we see 350's again on no company-specific news.

Good weekend all.

KK and LT were fools. If their plans had involved public spending cuts to match the tax cuts (or preferably a good surplus on top) then there is no way that the bond market or stock market would have collapsed as they did that fateful day. It was a fiscally irresponsible plan and those markets both called it accordingly.

Obviously the red gang will be just as useless, but it kind of feels like offering the inmate death by hanging, or death by drowning with the political options on offer. Same result ultimately. Hey ho.

Added a few more, although possibly could have waited another week or so. Happy enough....at the time of print! GLA.

Mary is one of the credible posters mate. She has a really impressive track record from what I have seen.

She often posts entries and exits. In fact, I actually said to her that hopefully she would bring some good fortune to the SP here, when she recently posted her planned entry, where we were in the doldrums :)

She did, but I have slightly more of these than I am comfortable adding to at this point - so I did not join her in adding more back then. Silly me :)

I am not disputing that there are many headwinds, both macro and (to a degree) micro, but IMO it is the cash runway uncertainty which is the fundamental reason why the SP continues to print fresh multi-year lows.

Regardless of what other outfits do, or have done historically, there is nothing stopping our company from issuing a statement along the lines that I suggested - assuming that statement applies, of course.

As I said before, anyone familiar with AIM has seen what we have seen elsewhere very recently, over and over and over again through the years.

It is not illogical to consider this as a potential factor at play behind the scenes.

The fact is, if they are going to need to raise cash via a placing (rather than an alternative financing route), then it would have been far better to have done so when the SP was at least 10p, preferably higher, not now.

Anyway, it is all healthy speculation at the end of the day. We all want the same thing here and I certainly prefer to be able to make praise, when it is justified (see my comments on ITV this morning, if you have nothing better to do, lol).

Have a good weekend all.

Thanks mate. From a selfish perspective, I am hoping for a chance to return quickly :)

Big fan of this company, but not of this economic climate! GLA.

Well, how about a statement today noting the 52% decline in share price since December, 28% in just the last month, and that the BOD know of no reason for this movement? Furthermore noting some speculation about the cash position of the company, and so giving an update and outline to this end? Something along those lines would do.

I have said it on other share chat boards - AIM CEO's need to be in regular communication with the market. Only a small amount of capital finds its way into AIM stocks each year, and so each AIM operation is essentially competing for this small allocation of cash.

Sure, actions and outcomes are what matters, but in the pre-revenue stage, high visibility increases the likelihood of shareholder and potential shareholder interest and confidence = better raise prices/funding terms and conditions etc. Even more so, in a credit environment like this one. It really is as simple as that.

Lewis: If they have enough cash until July 2024 at the time of print, based on what you have quoted, then the BOD need to have something in place PDQ, otherwise it is going to almost certainly follow the bunch of other AIM outfits that have recently destroyed their shareholders with heavily discounted placings, where their share prices had already taken a battering before funding news.

If they do follow suit, then short termers and traders are the only ones who are potentially going to profit here, like the above examples. The loyal investors will be fleeced (been there myself elsewhere and got several of their rip off T-shirts).

We will find out one way or the other eventually I guess.

One man's de-ramper is another man's truth-speaker. Sure, you do get bad actors on these chat boards (almost always the aggressive language types), but I think most of us are genuine.

And anyone who has been around the AIM block a few times would know such things are entirely possible, even with the good tiddlers. Happens more often than not actually, so hardly likely a 'lucky' finger in the air comment.

It was not me who said 5.5p, but back in late January, when the SP was mid 8's, I said I did not see much support until the 6's and for this reason, had pulled my buy order.

Did I think we would go to the 5's? In truth, I thought even 4's were possible, with continued radio silence from the BOD - although I had hoped for some news before now.

I did not mention 4's then, as I did not want to come across as a FUD spreader.

I do not care anymore, and will not let the bad actors silence or limit my opinions.

Genuine posters can believe what they want of my intentions, or those of anyone else. These chat boards are not for financial advice and IMO nobody would buy or sell off the back of reading stuff here regardless.

I did not sell up and take the loss back then, because, presumably like many still holding now, positive MDA news would likely see the SP rocket in the blink of an eye. And you do not buy these types without giving plenty of scope for sizeable moves to the downside (or upside). High risk. High reward potential.

Anyway, I am not adding during this period, but not selling the small holding either. Same as before. Will take a view when we find out what exactly is going on with the cash runway. News on the MDA would almost feel like sighting a unicorn, but that would turn this ship around rapidly. GLA genuine posters.

Very happy to read this RNS. First time I have had anything positive to say about my holding here in a long time.

Which is a nice change. Believe it or not, I do not like being critical of my long positions!

Agree this news should ensure that the dividend is safe (which was my chief concern) and hopefully will drive the SP back into the 60's at least.

Need a strong update whenever it is in March, to get back to the 80's IMO, but for now, lets just get back above the 50 DMA... GLA.

I am inclined to agree. If we get a big sell off, I will take a few more. Obviously an offer is what we all wanted here, but I agree with those posters who think JD is not merely stalling for time here (why bother?) and the process is still alive.

Anyway, lets see what happens. GLA.

The 160's were too tempting, so I took profit. Totally out now. Going to wait for the next update and take a view then.

Of course, I might not get the chance to get back in. If so, GLA.

And still no inside buying, nor an update on what, if anything, they are going to do about the alleged failure of that third party, concerning the misleading/dishonest information that Shield previously notified the market of.

Information that absolutely influenced the investment decisions of many investors at the time, and leading up to the most recent RNS.

I say alleged, because at this point, we do not have certain proof that it was this third party to blame.

That nobody has been fired yet, not even confirmation of significant boardroom salary cuts, starting with the CEO, gives the impression that some people are perfectly satisfied with how things are proceeding here.

And that is the bit that stinks the most, to my mind.

I am torn between dumping the rump holding and washing my hands of this, quite frankly, questionable outfit, or waiting to see if they get a DNL-style take out, which may soften the degree of loss somewhat.

Not by very much though, if it even happens, IMO.

I think a more likely scenario is another loan on dreadful terms, as we saw before here, to render the business to all intents and purposes a zombie outfit, and virtually ensuring that the shares are worthless to wider shareholders until the end game.

I just hope that if any of the major shareholders are not satisfied with proceedings here, then they use their financial and legal clout to shine a torch here.