Member Info for mathsprof

The OTC market liquidity of XEN (GAIF) will improve by the addition of hundreds of XEN holders, and the probable interest from new US investors. And do remember the eventual aim is to get a full listing - may come with the US fundraising presumably later this year. Then many UK brokers will play ball.

Be careful with your calculations. From what I can see GAIF is not yet consolidated at 10 for 1, so the quoted price of 76c/$1.50 is for the existing 135m stock. 100m of these will be removed, the remaining 35m consolidated to 3.5m, and then the new XEN stock (about 130.6m) added to them. Confusingly, the total stock will be just under 135m again! Its the new consolidated shares that I hope will be worth at least 77c on listing (=15p equivalent). In your dreams that they will be worth the current 76c (=£1.50 equivalent). GAIF is presently completely illiquid, and we are looking at a very small trade. I think there are only 31 or so on the share register at present. When XEN holders are added, the liquidity should improve, and initially could be similar to the AIM liquidity here. So expect more exiting and unpredictable movements (up and down) in the near future, both with GAIF and XEN.

Top of the risers list at present - might attract a bit of attention. It's not too late the join the party! 15p should be achievable (I really mean 75c) by the end of January.

Never really been away - just waiting in the wings like many others. I can't trade now since I'm waiting for my certificate from the broker, who won't play ball after the end of this week. Actually I don't want to sell, and I've bought too many already! Nice to be back in profit, though.

I think the MMs were scared of holding stock after the US announcement, hence the unwillingness to accepts sells, and consequent reduction in the SP. Now its the other way round - no stock - a bit of demand, and we're back to the reference 8p figure quoted by Parcae a year ago. So its on to 15p by the time of the US listing - a bargain at 75 cents.

From what I understand, it appears that is the price paid for un-consolidated stock of GAIF. This implies a price of $15 after 1 for 10 consolidation. Again, it makes no sense - unless there's a factor of 10 or 100 somewhere in my math (!).

Thanks, Robin. I hardly need reply - why the surge this morning? It makes as little sense as the slump of the past couple of months.

to see investors who can do maths too. . . . and get the answers right!

And happy Christmas to you, too. Best performers (% gain on year) were in fact Plethora and Summit. I only came across PLE during the year - and it has proved a real winner. I can't imagine that I will have 3 shares next year that will double in price or more, but we'll see.

And a merry Christmas to you too! When you're next in my local golf shop. I'll buy the next round.

Do check your sums. SP was 17.5p at start of year - i.e. 100% gain - SP is 200% of original price. Nevertheless its fantastic for all holders, but surprisingly only the third best of the shares I'm invested in. I can't see how we'll double again in the near future. I'll settle for a modest rise next year. Happy Christmas to you too!

I'm considering transferring out of a nominee account into a share certificate (small charge, as usual!). The advantage to me seems that I'm then in control of what happens in January onwards, so I can receive my GSL certificate in my own name (with no hassle (?)). I can always transfer back or find a new broker if I wish to sell in the future. I think I will be happy to wait until XEN is listed on a US exchange.

My guess is that there is/are seller(s) who cannot or do not want to hold US shares, who are feel they must sell now at any price. The surprise is that there is little in the way of buyers to mop up this stock at bargain basement prices.

Welcome. Yes, the trades on the last few days have been a bit of a mystery. Perhaps price now stabilising around 36p, having had a flirt with 32p last week. Of course PDG nearly did go bust - debt almost wiped out the company - hence the dramatic recovery in last two years, with some decent improved trading, and a reduction of debt.

posted from 26th - explains why we opened up significantly on the 27th - and was a buy.. Perhaps the same will happen next week - late trades or opening significantly higher? All in all a strange week here.

s. How can we have such massive trades and the price is static. Can't all be buys???

What a waste of money - an RNS to tell the world of one measly sale of £2k.

sorry - if the broker...

I can tell you what today's means, and the implication is that all the others are similar. Singer sold (me) 42000 shares yesterday for 4.95p, and thus they hold 42000 less than they did. Every trade that Singer partakes in has to be notified. Madness - in this instance. But in general you can see why it could be necessary the broker is building up a holding in a takeover target.

Well, the RSI never hit 20%, and will presumably now rise from the sub 30%s. Hope the seller is finished. From today's RNS we know who one buyer was, mopping up at a lowish price. If you didn't buy yesterday, you might have missed your chance at under 33p. Certainly it's proved to be a good support level.