Member Info for LWHL

I read it as basically meaning they will need to raise more cash now.

Not to mention that they are obviously further away from potential FDA approval than we could have reasonably anticipated after the last update.

Pretty poor IMO, but it is what it is.

It is the share option awards that really grind my gears with these types of outfits.

Especially when they have either no strike price, or a really low one.

Ah well, serves me right for punting on another of this kind of 'business'. GLA.

Nothing sinister, noggers.

Institutions do this all the time. CARD had a similar scenario a year or so ago with one of their large holders.

Some posters wondered what they knew that we did not, given they were dumping heavily for what seemed like an eternity.

That is if Liontrust are going to follow suit, which we do not know yet of course.

A buy back could help speed things along, but either way, based on the known knowns, I am a fairly relaxed holder at the time of print. GLA.

Looks like there is going to continue to be a chance for accumulation, while Liontrust continues to reduce.

Have seen this happen before in other names. Sooner or later, they will be done and the SP will likely tell us when that is, before a final RNS does.

Going to sit on my hands for a bit now though and watch. GLA.

IMO. A hold for me, unless we see some significant inside buying shortly. GLA.

I think the million shares at 67p that the CEO recently bought probably ticks that box already, Africanskies :)

No worries mate.

No need for that, Stas20. I have bought five tranches so far, and what is wrong with being a trader anyway?

Hardly seeking shock value either, as my overall posting history will attest to.

Just calling it as I see it and in the spirit of these chat boards.

Ah, my favourite contrary indicator! How are you, lse2000?

Nice little dividend in the pipes while we wait for continued business improvement, IMO.

And I retain my TA opinion of that early/mid 30's gap fill sooner or later :) GLA.

Should have waited for the 50's before adding, lol.

This needs another flush IMO, then hopefully we will start to form a solid base, and something to start the climb back up from.

As another poster said, patience is the key here. GLA.

Gut feeling says not yet, but nevertheless, added a few more again, because IMO anything bought in the 60's is going to yield a profit, sooner or later. GLA.

I know what you mean, JG. What a shambolic reign.

I added a few more earlier, even though I am not sure how safe the current dividend is. Around 19% is almost unheard of.

Perhaps a small buy back might be something that they will consider? Even if they cut the dividend in half to fund it.

Anyway, it does not feel like we have found a bottom yet, so will add some more when we see high 50s. GLA.

Sadly, that is what always happens in the end. Banker wars, but never banker blood.

Not that this comment is to signify anything, or a call to anything, in any direction. Merely an observation.

As a species, we are capable of great things. Shame we usually choose regressive options.

I'm not sure what you mean.

Settler colonialism, eh? Depends on your timeline I guess....

This one now feels like it could play out like a few others, which are perhaps at a more advanced stage of the end game.

If so, a buy out above the current price is extremely unlikely IMO.

I share similar suspicions to a few other posters here - but time will tell.

If you see significant inside buying very soon, or a boardroom clear out, then those suspicions might be misplaced. Certainly in the event of the latter scenario.

None of which means a few trades might not present themselves going forward - but with this BOD, IMO, it is not a credible investment prospect. Even at the current price. AIMO & GLA.

I do not think that shareholder value is going to be created in the long term here, now.

I can see a scenario where Cosmen end up doing OK, and the BOD naturally. Traders who time the swings correctly.

But that is about it.

Such is life. GLA.

I have to agree with Pokerchips. This is a zombie outfit now (and another of my LTH investments to add to the losers list, lol).

Taken the hit, having spent some time once again reviewing the specifics.

Should have simply dumped the lot in the morning, but I wanted to make sure that I had not overlooked anything. With this being a planned investment, rather than a tradie.

It could be good for a quick turn at some point, but it is not a serious company anymore, nor has a management team that you can feel confident will turn the ship around. They have had more than long enough. IMO.

GLA and for those of you who feel differently, I hope it works out well.

Why? The market is just looking to achieve price discovery right now.

Nothing that would merit suspending trading.