Member Info for LWHL

Another day of extraordinary volume, which even dwarfed Friday.

Who knows what tomorrow will bring? Hopefully an RNS or two.

Preferably one of which includes some management changes.

In the absence of further news, that gap fill around mid-30's would do for me, although obviously something more material, which any kind of positive news would probably yield, would be preferable. GLA.

US markets are closed today, so do not expect anything much to happen later.

Nothing worrying either though, IMO, so on the back burner for the time being, as far as trading this name goes, for me. GLA.

A close above 25p would do. 27p or more would be better :) Circa 23p average, since you asked, lol.

Not set a stop loss here, because an intra-day RNS is entirely feasible in the circumstances. One that could see a splendid rise, or of course, one that could lead to a fresh low print.

Absolutely no idea which way this will go in the short term.

See if the stock market Gods want to reward me for this punt, or take back some prior profits... GLA.

Looks like a cup and handle on the three minute chart. With that potential double bottom earlier.

Will be interesting to see if it plays out. It almost looks too good, but I do not trust my TA skills, so nor should anyone else, lol.

The 2 hour chart is ugly. We are going back to fill that gap around 48p, if we do not get to 60p soon and hold it, IMO.

Subject to the obvious stuff, I will likely add a few then, if my TA is right. GLA.

I have put back in about 10% of the profits that I made the last time I was in this one.

Pure gamble and willing to risk most, perhaps all, of that capital.

Lack of any RNS with BOD changes is IMO a big part of the continued collapse in the SP.

As for people calling the bottom...impossible right now! GLA.

A solid, if unspectacular update IMO.

Might add a few if we get a sell the news drop today, but happy to hold if we remain range bound. GLA.

If the CEO walks/gets pushed next week, then it is far more likely that an internal interim candidate will take the helm.

Probably the CFO or the Chairman. That is what usually happens in these circumstances.

This update really should have been the kitchen sink one though; if it was not, and more nasties are still to be revealed, then IMO the CFO has to go too. At this point in time, I cannot see a total clear out happening, but we will know soon enough. GLA.

Of course you can. There are lots of growth stocks that pay little or no dividend - because they are growing and use any excess capital to fund.....further growth.

The sweet spot IMO is a growth stock that also pays a dividend, but that does not stop well-liked ones without a dividend from obtaining significant market investment.

BD: Why would you get a much cheaper price if you set a higher buy order pre-market?

Surely the MM's will look to fill your order at the price you set (assuming it is not too low a price at that time)?

More profit for them, no?

Not commenting on whether or not it will be a good price, just about the process.

I am open to being corrected, if anyone knows better.

Continuing to pay down debt is far more important than growing the dividend at this point.

Improving cost controls as well, to at least partially offset some of the socialist job tax raises we have seen. And might see more of, when the next clown Budget is released.

Both were overdue a pull back. I wonder if we are going to fill that gap around 761p-ish?

Having lightened my own position of late, I would likely add a few back that I sold if that happened. Assuming nothing company-specific of course.

With an average daily trading volume of 3.9 million, and a trading volume of 82.3 million yesterday (although the numbers seem a little different for both on various platforms) I would imagine so!

As one of the other posters said the other day, the cancellation of bonuses for all staff is something that is a real threat in itself.

Obviously none of the senior leadership team should have qualified for said bonuses, but IMO they should not have included any of their heavy hitters down the chain in this exercise.

And they would not be mercenaries to jump ship to join another business that will recognise and reward their efforts and outcomes.

I remember seeing stuff like this in the GFC. Bosses of failing outfits trying to convince their star performers that they were all in it together. A one way street that most saw and acted accordingly.

Anyway, good weekend all.

As long as the next update comes in as expected, with further reductions in debt, then that is all that matters.

I have not seen a viable trading range here for a bit, but I am comfortable with those I hold in the investment pot.

Which should therefore be ones that you do not mess around with too much, if at all, IMO. As long as the bull thesis holds of course and just my thoughts. GLA.

It takes the edge off the current SP, but no rush to add more. We need to break above 60p or so, to get out of the current downward trend.

IMO it will happen sooner or later, but we might need more pain before a reversal.

This is the main issue now. Not even positive FCF.

With BOD credibility likely destroyed now, obtaining finance is going to be far more challenging than with a BOD that the City rates.

I cannot see them removing the entire Board, but I am not sure where they go from here. This is another stinker of an update, lets be honest. Even if the independent review flags up nothing else negative.

Next week is going to be illuminating anyway. GLA.

I took a small position. Fully expecting it to go below the placing price at some point in the next few weeks, as it usually does.

But IMO positive FDA news, if it happens, has not already been baked into the current SP.

So I took a small gamble.

Good news will, I think, give me at least a three-bagger. While risking perhaps a 50% haircut if the bet goes sour.

Some point in 2025 will almost certainly be when the answer is revealed. GLA.

And I commented on your comment at the time, BD :)

I had a small buy order set for 28p. I am glad it did not hit in some ways, although I will see what, if any new, developments arise over the weekend.

Will then take a view on Monday, but if I miss the boat, so be it and wish good fortune to those of you who took the plunge earlier.

Even if they all sold their entire holdings today, I doubt it would have led to this SP reaction. Not even a dead cat bounce.

I suspect the BOD are going to be busy this weekend anyway...

Yeah, but you have the perennial geopolitical risks, and the volatility of the spot price (especially silver), to factor into long term thinking with most miners.

My well-documented opinions here remain unchanged, and I remain hopeful of seeing a share price significantly north of 10 quid one day myself, but for the sake of balance, I think the above factors cannot be discounted either. GLA.