Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Rice,
Appreciate it.
I fully agree, what the company has done shouldn’t be legal. It is shocking. Unfortunately, it worked a treat, ‘bears’ were successfully silenced, ‘bulls’ ran a mock, LSE was even complicit in deleting my posts.
A sad state all round
Yesterday you posted:
“MADGE is in so deep he’s wearing a rubber gimp suit instead of waders lol! Well 40’s finish and some confident buys. Let’s hope MADGE saw sense finally and one of those was his to close his short! IMHO DYOR”
Well, looks like you’re wearing the ‘gimp suit’ buddy, with a big Renalytix shaped object stuck where the sun doesn’t shine.
I hope those who use LSE regularly start seeing you for what you are: A novice, incompetent, unintelligent, inexperienced ramper, who costs people considerable money with your quite awful fictionally positive spiel.
Oz,
No, not for personally, my views were/are that the company is just a cash burning machine. As Davey says, $10m keeps the lights on for a few months, then they need to find more funds.
I think it’s abundantly clear there never was a genuine takeover offer. The board should be investigated for what they have pulled here.
The abuse and insults directed at myself over the last 2-3 weeks should be directed at the company.
Well, just as I said, the company has successfully spoofed all of you. This entire scenario was likely fashioned to be able to get a fundraise away.
It’s only due to the naivety and stupidity of the many I’ve named on this board that they achieved 20p.
Those who have pushed this at 70p, to newbie investors, need to apologise. Absolutely shocking that all the ‘bulls’ have ganged up, creating an echo chamber of positivity, even having many of my entirely factual posts removed. Shocking.
“Harwood capital bought 10% last week” 😂😂😂
The clangers keep coming thick and fast.
Harwood Capital is the vehicle in which the Chairman, Chris Mills holds his 10% position. The 8.3 simply informs the market this is the case, it isn’t a new position.
A fraction of research/knowledge would tell you that, mind, I appreciate research/knowledge is in short supply around these parts.
Suppose “Wen AZ takeover” is easier to repeat.
SEDBel - What is it about investing in basket case companies, just seen you’re now telling everyone on the COPL board that your investment there will be ok.
Do you hate money, are you allergic to it?
Jokes aside, I don’t like seeing people lose money, the market is a better place when retail favourites are going up, but you have been insulting from the off. You have also spread continuous misinformation, which I think is your total lack of intelligence, competence and experience, rather than anything more deceptive or sinister.
I do though hope that people will start to take note of how dangerous you are, and people like you. Those who frequent bulletin boards and promise great riches are seriously, seriously dangerous to the wealth of other inexperienced investors/traders.
Your track record is deplorable, yet you have a strange arrogance.
EUA, SED, COPL…
But “RENX will be the one”
Uncle Ben,
My only frustration here is that I couldn’t short more. It’s rare that a collection of events all line up in synchrony:
• Diminishing cashflow as per interim results
• The company then telling the market they were out of cash in 4-8 weeks
• High interest environment meaning funding is very difficult
• Inexperienced and gullible retail investors inflating a share price
Nervous no, frustrated that I couldn’t do more, yes.
SEDBel, you are literally too stupid to have any sensible form of communication with, at least in terms of investing.
You don't understand when mandatory offers apply, you don't understand what a form 8.3/8.5 is, you think you are getting your money back in SED. You are quite simply as daft as a brush.
You're officially added to my list of LSE'ers that I'll base short trades against your posting, you are that strong of an indicator.
Amazing how they apparently “keep lowering the price to fill buy orders” 😂
SEDbel is definitely good value, never a dull moment when following his calls for a blue day.
Another week closer until the cash runs out, will it be a highly discounted placing, or a brutal CLN?
SEDBel’s record makes administration a contender based on his track record, so don’t rule that out.
So four straight red days. Funny huh?
The company fluffs an expression of interest on Monday, causes a highly speculative spike in the share price. Also tells shareholders it is still trying to raise funds because they will run out of cash in April.
Share spikes on Monday. Fictional speculation ensues, kindergarten level speculators run riot predicting a 70p close every day.
The share then falls every single day for the rest of the week. Some Tricky folk think something has leaked when the share momentarily bounces a few %.
Speculators make up random takeover links, Abbott being today's raffle ticket.
The number of noisy folk is vastly reducing, this is normal as the boiler room moves on to the next target.
Sensible prediction is still that this is 10p by the end of April
Did I miss anything?
Another day at Investment kindergarten for SEDBel,
You're confusing requirements for a Mandatory Offer:
"Requirement for a mandatory offer: Where a bidder is interested in shares carrying 30% or more of the target’s voting share rights, the bidder must make a mandatory offer in cash at no less than the highest price paid during the preceding 12 months"
Nobody has built a stake of 30% in RENX buddy, there is no highest price paid rule.
I still haven't worked out if you're simply one of the stupidest 'investors' I've ever seen, or if you are lying with the aim of trying to deceive.
Evening Gents,
Ears were burning.
SEDbel strikes again, showing his (in)competence. He thinks an 8.5 form is an institution buying, doesn't realise a broker has to report any trades during an offer period.
Take a look at EQLS for three to four of months of 8.3 and 8.5 forms during an offer period. You might learn a little how it all works.
Another red day, many more to come.
BasmatiBoy,
As I alluded to previously, it's not often possible to get 'massive shorts' on these basket case companies, the borrow just doesn't exist. So no i'm not panicking that my 71p short is up 40%, believe it or not.
This is less about the profit now, which will of course be great, it will be more to wipe the smugness off the faces of the many folk here who have fired insults. Lessons will be learnt.
Flava,
The highest RCGH ever touched, and only momentarily was 175p. Selling at 234p does sound better.
If my trading history is being disputed, I’ll happily correct people.
If anyone hasn’t noticed, the stock is now 40% down from his its recent high, but I’m sure the bulls will say they are ‘winning’.
Flava,
Yes please, because historically, every time you do, the share in which you’re topping inevitably goes down :D
The fact InvestorAce’s post got 8 recommendations shows the level of the average lemming on this board.
For anyone un-initiated, InvestorAce has lost HEAVILY each time I successfully shorted his previous ‘investments’. The same companies that Flava also invested in, the reason I have reasonable communication with Flava is because he was humble enough to show gratitude when I was proved correct. InvestorAce has the mental age of a 13 year old, as you can see.
Edit: The link is backup, for now!
This entire thread started because infinity888 posted a link to a Hong Kong tipping website that had falsely stated that Pentwater had just bought into RENX.
That was factually incorrect, Pentwater have held RENX for years and were actually SELLING RENX shares on Monday.
Well follow Infinity's link and you will see it has been removed, I'm guessing the FCA and the SEC have had serious words.
https://bnnbreaking.com/finance-nav/pentwater-capital-management-lp-discloses-stake-in-renalytix-amid-sale-process
You wont even get offered inside the spread.
That's how dire this is becoming.
Tricky,
At 70p the Avacta forum thought I was sad (now 52p)
At 103p the Sareum forum thought I was sad (now 35p)
At 0.80p the KOD forum thought I was sad. (now 0.44p)
At 10p the TERN forum thought I was sad. (now 1.8p)
At 30p the CTL forum thought I was sad. (now 15p)
At 140pp the RCGH forum thought I was sad. (now 9p)
Each and every forum member said "their share is different, you will get burned", every single forum member wished they had listened, after the inevitable fall in share price, at that point they had lost considerable sums.
At 45p the RENX forum thinks they know better.
The reality is, those bullish here are comfortable in a group of like minded bulls, you feed each other positive confirmation bias, and collectively try to discredit any negative chatter.
My record of shorting non-profitable companies speaks for itself, if you spend 30 minutes today looking at the history of my posts, you will the share prices when I started being bearish, to when I moved on. The range is anything from 40% to 95% lower.
I only have to look at Sharebel's posting history to see the calibre of the bulls here. It is derisory, in fact if there was a level below derisory, that is where Sharebel is. The guy was literally telling people to buy SED one week ago, it is frightening, astonishing even.
Beesty,
Just your profit and your pride down the drain.
I'll add you to the 'I told you so' list, that's literally the only reason i'm posting, sad I know.