Member Info for MadChatter

Can you imagine if web saw even $1bn of that!? I know revenue/ market size is far from actual profit. But it would be crazy for this company.

Thats a good article below, I thought the figure was more like a few billion, but 30 billion is just ridiculous!

I don't know why the tribes haven't just collectively bought out Webis long ago? They would be protected both ways then.

As I understand it, November will almost certainly pass if Tuesday passes.

Indeed. I would say *if* this goes pear shaped it's much better to get in with a low average before Tuesday close

If this does get voted in Tues evening then because of the free float nobody will be able to buy anything for ages wed morning.

I believe this reached 8p the last time we were in this exact situation. And the odds are stacked much better in our favour.

I'd say with some certainty this will be 50p by end if June absolute minimum

Am I right in thinking they have a joint venture and tens of £m effectively shovel ready?

Interesting to note they *cannot* place below 10p without an egm and shareholder agreement. Notice of egm I believe is 20 days minimum.

Forgive me asking an obvious question. If manufacturing capabilities is going up, substantially, why is the share price dropping?!

Very confusing

Up to 28th april sales were £90m (just on coronavirus tests I think). What are the known contracts since then to give a reasonable view of their sales to date?

No silly guesses of £1bn please.

From what I gather this should far surpass ncyt in mcap because the profit margin is much greater. Hence why NYCt has been dropping the last month

See Rns 2nd Jan. Plus the fact its come out of suspension and immediately fully subscribed placement with existing holders.

All suggests something is coming soon.

Considering the placing etc and this being off everyone's radar the volume here is massive.

Could easily clear the entire * issued * share capital before 1pm

The Company is still the owner and operator of the Austin Field in Texas.  Production at the field is currently shut-in given the oil price environment. 

So that's good at least something to underpin the company. Still well below price from last year, but oil price has doubled this month.

Seeing as oil prices have surged this last month, at what price will they reopen production on their remaining asset?

Further to the announcement made at 7am on 28 May 2020, the Company advises that the Broker Option - a facility to allow existing shareholders to participate in the Fundraise on similar terms to the Placing announced, has been fully subscribed for by existing shareholders of the Company. This brings the total amount raised by the Company under the Placing and Broker Option to £600,000 before expenses.

Fully subscribed , impressive

Trying to get my head around the numbers here. This was 7p before suspension, and 0.017p now. So that's more like 97% down than 76%?

What am I missing?

So 4 consortium partners
Abingdon health approx revenue 2m
Bbi approx revenue 38m
Oxford university rev?
Odx approx 9m

If this is an indication of % of revenue split, there is no clear indication that the 50m *will* be in total covered by this.

We already have 2 supply agreements in place right.

So what if only 10m for the year comes through consortium and the other 40m comes through supply agreements?