Member Info for MadChatter

Funny to see it going up so much over a delay?

When the boom here started we were saying even 5% of a global market would be anazing, given the starting position of this tiny company. People shouldn't expect more than that imo.

Agreed. I'd say 10 5p open and close on Friday maybe 22p

Question here. Everyone has known for weeks fda approval was coming. Why is the price only just over £1? If it was amazing potential you'd think this would be nearer £2 already.

To avoid any confusion from anyone seeing that article about Connect Airways (holding company of Stobart Air) which has gone into administration this week. Stobart group are a substantial shareholder here (around 11%), but other than that they are not connected to ESL.

Do you think Alan they might use a combination of gov loans and forward paying loans with vat cash (bearing in mind tesco might be on 30 days credit terms etc) to pay off 18% loans earlier. Then use bumper tesco cash to make vat bill?

I personally don't think the vat announcement will have any impact here. We've already had a £70m cash inflow, and making money hand over fist daily

The reason it shouldn't (assuming the market doesn't collapse again) is because it was driven down from 15p etc by a huge quantity of shares being sold by ii.

They hardly have any left now. So the same drop shouldn't happen

Exactly the language boris used, and this being a new test, i think it has to be the 10 min blood test. I. E. Not novacyt

Well. To solve the mystery do Ncyt currently sell COVID-19 priduct that is antibidy testing, ir is it only rna?

From the language used i would say 100% categorically he is NOT talking about what NCYT currently sell.

Thats not to say that every test isn't making a difference

Thanks for posting that Elanor!! Hope for us all.

Suspending all shares would infinitely more damage than leaving things open. But if we start seeings deaths 500+ in a single day... I don't know maybe then

No. Won't happen.

@mayhill and anyone else new

About 20% ish of this company was owned by 3 institutional investors when it came out of suspension. Because it wont pay dividends for at least a year, and perhaps other risk factors it no longer qualified under their risk management to hold shares.

So they had to sell, at a huge loss (90%+). Also using this as a tax loss before end of march to offset.

Would be a blessing if they qualified for the loan to pay off the 18%! I genuinely thought this was going to drop off at the end. Bodes well for the rest of this week!

Whatever we close at, the volume today has flushed out a great deal of what large sellers are clearing (who must be absolutely scraping the last few out now)

If this is allowed to clear 8p I'd say our big sellers are *finally* done

Famous last words, the downside from here is minimal (maybe 25% down risk). But the upside potential soon could be 300% when all larger sellers are out

At this crazy rate of demand for their services, and with pallet line going crazy, this could clear a huge chunk of debt inside 1 year!