Member Info for Mikesilver

Sharehunter, why don't you do the maths on a dividend? How much would you want ? 5% ? £3.5 mill when they only have just over £20 mill in the bank, no secure long term profits or sales and potentially finish testing within a year or two.

They will keep their money, re invest and rightly so

Good morning, I'm hoping as I type this it doesn't get washed away by a 7 am RNS, although it would be bittersweet.

Are many of you thinking of following the mines/flanks? What I mean by this is as we all know the potential of the mine and the prices worked out by various posters for what it could sell for "upto £2-3", depending on the price sold and providing the takeover company is listed are many of you thinking of buying shares in the takeover company ? I would imagine the LTH from 0.5p days will be off in the med on their yachts.

I always thought it was a womens clothing retailer to be honest.

Good to see you here aswell.

Even with the media stories at the moment let's face it the majority of people buying from boohoo are fickle and this will be old news by the end of the week. Also the quality/cost attracts people, if you can afford a higher standard of clothes I'd say there is a correlation with how much you care about where they come from and likelihood to move away.

At least you'll be able to move out into your own place and make use of those high class escorts haha

Why are you even creating a topic stating 400p when we can't get to 300 and stay there ? Gives everything you post zero credibility. 400p potentially in a few months if we get updated orders, OEM and sales updates

1. They do not have to
2. Look at the cash in the bank currently compared to shares in circulation, do you want a .3p dividend ? They will not go into debt to pay a dividend.
3. If they were to, it would be once they have enough cash in the bank to further research, invest and diversify, then consider a dividend.
4. I don't think many here really want a dividend, it does nothing to the company or share, only devalues what they currently have and will have as the future is uncertain and they probably won't sustain the income next year.

Please give me some of what you're on,sounds like hardcore stuff

Good, hopefully it will hold the gains and we can start to solidify above £3. Gives me a nice 100% at 320 so hoping to rise again

Mata - what was amazing about it ?

99 - I've been in the stock since it was 80p added along the way and still hold a sizeable amount for my circumstances, I'm just looking at the actual RNS not what I want to hear.

Well if you look at the RNS without Elton John's rose tinted glasses I believe it's quite disappointing.

The sales are nowhere near what we were expecting and manufacturing capacity well outstrips demand at the moment.
"Demand for the Company's COVID-19 test remains strong, with June sales of €25.4 million (£22.5 million) showing the sixth consecutive month of growth." - At £6 per test that equates to 3.75 million tests sold, with capacity for 10 million per month. Potentially £15 mil profit for the month needs to drastically increase to keep the share price up.

Looking forward to an update on American sales/OEM although surely they have to include any american sales in with cash in the bank and half year results? Can anyone shed some light on this?

Yeah I guess it depends on stop losses in place, volume of sells v buys and general trend of the SP, each then weighing the SP down whichever has the higher amount.

Auction is when the buy and sell are moving quickly and can't basically match up isn't it so it goes to auction over 5 minutes to find an average price from the buy and sell to give a more accurate and new SP ?

Y'all need to stop buying on hype and average down or get in at 90p when the market was growing.

No problem, I've got a recommend so at least 1 person has read it.

We all know how crooked it is over there, I've seen reports saying it is far worse than the media portrays. I'd expect maybe 50% of that to actually be paid and probably over a long period

I don't usually post on here and am definitely not a long term holder or big buyer like many who are set to retire but I'll take a couple of years wage to start me off at 27.

Thought this may be interesting, obviously it states it is a voluntary donation at the moment but still requesting $2 bill usd. Could it have much of an impact on a bidding war ? Potentially extend the time period if it were to go to Chinese/ other buyers .

https://www.londonstockexchange.com/news-article/MNOD/update-on-the-diesel-spill-accident-at-nornickel-s-heat-and-power-plant-no-3/14605212

Cheers for the capitals, wouldn't have been able to read it if you hadn't slipped a digit on caps lock

I doubt it will drift below 50p when it has just been underpinned by major private investors at this price for millions of shares.

I could be wrong wouldn't be the first time

Ignore my earlier post, now at 72p average. Seen 90p in march and 80 in June, I'd expect to see those levels again within 3 months

Well as my average was 98p and relatively happy at that point for the mid term it would be a shame to waste this opportunity and not average down to 78p. Only a smaller holder though with 7k shares