Member Info for Mamba05

are constant. Anything around .90p are being bought straight away.

20 million market cap at 3p is a dead cheap valuation of market cap if Giles Clarke does a fraction of what it is he has done in the past with Majestic Wines etc, his CV is truly impressive.

2p 2 years back on possible JV/acq news.

I had £££ to buy. I'm expecting parternship JV news for our world class GOLD mine asset. Gold is the new dollar bill. All miners have had great few months in 2016, SMA have been a hidden gem, - not any more. Wait till the herd arrives.

big big buys going through.

Investors overreacted after the referendum vote, selling down shares of Vertu Motors over fears that Britons would be too afraid to continue splashing out on big-ticket items like cars, The Times's Tempus said. Yet the automotive retailer's latest update sought to allay those worries and with reason, telling markets it had yet to see a major dent to consumer confidence or spending patterns. The company meanwhile has continued to snap-up underperforming rival car dealerships, having acquired 16 outlets over the past 12 months, with the majority of those lying closer to the premium-end of the market. Low interest rates and high employment should also keep consumer happy to spend, according to the tipster. Vertu also has additional protection because it focuses on used card and has a higher-margin after-sales business. Tempus admits there are risks around the weaker pound, for example, which might see Ford jack-up its prices. Nonetheless, "Buy," Tempus said. "Potential bolt-on growth and the shares have come off sharply since Brexit."

I think we are due in a trading update too. Nicely summarise all what has been achieved. YEs, I agree with all of yo below. Quite a few pharma's have been gobbled up by US majors. REDX have made some significant discovery and research studies that is much needed for the industry. I'll be surprised if they are not taken up sooner or even major's buying a part of the company. All to play for.

Which ct fk keeps selling?

not long to go now.

loving it. for the past few days its been tremendous. Having been in here for such a long time, one thing I can tell is when SMA starts to motor there is absolutely no stopping. I remember trading near 2p last year on "advance talks" RNS. I hope to see us soon around there.

only to fill 1,750,000 BUY :)

Read last RNS. "I hope to provide updates shortly".

The evidence is on the daily chart in the form of the sharp spike and decline for the shares in the autumn of last year. This kind of white knuckle ride is something which you only see in the most volatile of situations, but it may be true to say that once a shakeout of this variety is finally in the rear view mirror it is very often the case that an element of stability does return. Evidence for such a statement comes from the progress within a rising trend channel which can be drawn in from as long ago as December. The big breakthrough in recent sessions and the reason for all the relative excitement is not only the push above neckline resistance at 0.5p, but also the way a bull flag has formed above this resistance. The view now is that provided there is no break back below the 0.5p level the upside here could be as great as the late 2015 price channel top of 1.2p over the next 1-2 months. 1.2p doesn't account the news to be landed here, 1.2p is just from charts perspective. I would go above and well beyond the 1.2. Being a LT, I see the value of business going beyond 2p. thanks to levistubbs

As previously stated our plans for the business may well involve the pursuit of an acquisition which would trigger a reverse takeover under the AIM Rules. Following SMA's successful fundraise at the end of 2015, in which both Rupert and I invested in to provide additional funding to the Company, it had cash resources of approximately £452,000 at 30 June 2016. The Company reports a net loss of £43,795 for the six-month period ended 30 June 2016, compared to a loss of £41,351 for the corresponding period in 2015. Post period end, we were delighted to announce the appointment of Jeremy Sparrow to the Board as a Non-executive Director. Jeremy brings over 25 years of investment experience to the Company and was most recently Head of Investec Resource Investment Banking for Asia and Australia. We are confident his deep sector knowledge and expertise will augment the board's existing skills and add significant value ahead of our next stage of growth and as we implement the new strategy. Following careful investigations, and having taken considerable specialist professional advice, the Board has reached detailed positions and is in advanced discussions with potential parties on both our Guinean interests, currently carried in the books at nil value, and on a potential new acquisition in the mining industry. I hope to provide updates shortly.

Big big buys

IME is 10% up, we are due for a nice uptick and why not. World new drug discovery.

Next week is Oct. Company report is coming for 2016. The board have previously said "above expectation" results. VTU traded lot more than current sp prior brexit. All doom and gloom for car/construction industry has been put to bed one would think as the UK market have realised is nothing but. I expect the sp to rise next week and on results to go back 60p.

is my guess on news.

been coming through for past two days. follow the money.

within in 2months we have far more to go. I think north of 70p is the right value for redx right now.