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Let's put the phrase "subject to finance" into context. My Sunday lunch and pint are "subject to finance", my domestic running expenses are "subject to finance", and my trip to Tesco is "subject to finance". Let's not all get heated up over what is obviously staying the obvious. ... The fact is the trials have gone exceeding well to this point and that is important to any sale of on licencing negotiations that will likely take place in the near future. LH&K Mafuta
Aber ... just to clear up any misunderstanding I didn't say I'm "happy" ... I would need counselling if I was ... however I am not concerned as the fundamentals have not changed ... I am convinced things will change for the better once the data comes in ... and yes I do think some poor judgements regarding financing have been made ... but without inside information, who knows the reasons for those decisions ... I hope we can all look back someday and reflect on what a good decsion we took to hold ... if not it will be yet another of life's rich leassons ... LH&K Mafuta
Folks, it's all down to the volume ... Low volume with low value traded attracts price manipulation - sorry "market making" ... annoying as it may be I would only be concerned if a price drop was accompanied by high volumes .... LH&K Mafuta
Good morning everyone... Just an observation ... This share is highly illiquid ... Notice the low number of trades on any given days ... This allows the mm to 'make the market' by playing with the price ... That's their job after all ... And if you're foolish enough to set a stop loss the mm will see it and take it out so they can 'make a market' ... Only increased volume can stop their game ... And that's not likely until news drops ... As painful as it may be you either need to get out and cut your losses or grin and bear it and wait. LH&K Mafuta
"These new distributor contracts, alongside the first shipment of products from our Irish logistics hub, are a great step forward in the Company's EU expansion plan into markets where we gain approvals and demonstrate
the effectiveness of our ongoing 4S strategy as we scale the business outside of the US."
Onwards and upwards 👍
LH&K Mafuta
Highlights
· Total revenue is expected to increase by 20.6% to $29.5m (2022: $24.5m), ahead of expectations. Revenues are $29.6m at constant currency
· An adjusted EBITDA profit is expected for the full year of 2023, ahead of expectations
· Cash position at 31 December 2023 increased since H1 2023 to $4.5m (H1 2023: $4.1m; year-end 2022: $5.9m) supporting the current organic business growth plan
Great financial update. Looks like we have finally turned the corner. Well done team TRX.
LH&K Mafuta
The low volumes of late work in the MMs favour. At low volumes they can use the excuse that they are merely "making a market". When volumes increase the market makes its own "market" under the supply and demand mechanism and the excuse can no longer be made. (Classic Keynesian economics) ... I don't think we will see an increased volume until we get substantial news.
LH&K Mafuta
Reassuring report ... Now let's get some interest in the pipeline generated. LH&K Mafuta
Https://twitter.com/Sareumplc/status/1742181046181941638?t=l0_xcnoLm5rafO8OjVlJ3Q&s=19
Looks like the bod took the comment re PR on board
Yes and good to get some positive news for a change 👍
Nuformix receives second NXP001 milestone payment from Oxilio.
Guess we will have to wait until the income statement to find out how much. 🤔 LH&K Mafuta
Hi All
I don't post much these days due to the caustic climate on this board, but here's my tuppence worth: The pre-AGM RNS set out their stall for the AGM. They told you all they were going to say in that RNS.
My take? You can either wait for the end game or you can bail at an opportune time and invest your money elsewhere. There's not much more to the decision, you can either continue to wait (and yes its been a LONG time) or cut your losses and see if you can do better elsewhere.
Who said investing on the stock market was easy?
LH&K Mafuta