Member Info for Mikey279

reversal finally....

seen it time and time again on low mcap shares, placing churn, impatient traders, SP and volume drops.... news comes out of nowhere then goes on to multi-bag

Happy holidays all :)

best news all week...!

well you only have to look on twitter to see the types in here... everyone expecting an overnight 10 bagger

Facility news will be important, probably in the new year now

Still only 3.5m mcap so zilch priced in

lol wasn't even a bad interview... non event really, targets of $100m yr1 and $250m yr2 at 1%, no mention of facility

In the greater scheme of things... in the space of three weeks we've had roughly 20% dilution at the following yet the SP still sits at 2p and hasn't dropped anywhere near placing prices

25m shares at 1.25p
10m at 1.75p

Not forgetting material market news:
- 16% market leading growth rate
- Imminent 100m credit facility with a top 10 asset manager
- No more placings for at least 3 months
- Significant news due on many fronts

Mcap still under 4m - with nothing priced in..... a nice position to be in going into 2020

Yep the only plausible explanation is a mates rates situation, you'd imagine in this line of business it'd be important to not upset the wrong people.

They did have the courtesy to tag this at the end though which I've never seen before, almost as if they didn't want to place
but had to...."the Company will have utilized all of the currently available authorizations it has to issue shares for cash."

Not sure if we'll be seeing TR1s, certain they've all been flushed in and out....

Actually hoping it dwindles for a while so these people get impatient and sell out....it’s obvious they won’t be sticking around anyway

How is that even allowed....AIM corrupt as ever

No 1m sells all afternoon..... how boring.

There could be 193m sells and they'd still be bringing out millions

There we go another 1m, I was only joking... ****ing idiots

Cue CFEP miraculously plucking out shares even though there are only 193m shares and a minuscule freefloat.....

Jokes aside will look back at this SP in a few weeks and be laughing hopefully...

Thanks for the thoughts, good to have a projection backed up with calculations.... seems extremely conservative but that's also good.... a lot of factors that can add to many multiples to the SP: first of its kind, no warrants, more facilities, main market more asset managers/products etc etc..... and it does look like you're missing the bonuses?

Its just market mechanics... no matter how good the news is, if you have a feed of 20m shares the SP wont budge, a lot of people like to wait until the churn is over so that their money isn't 'tied up'

The news was great for people already in, but evidently not material yet for the demand to clear the overhang in a day, albeit it will eventually happen.... just slowly - the facility will be a game changer though IMO, its essentially proof of concept and yes there will be people willing to pay 10x the amount as it becomes de-risked

Probably my fault... usually shares go up when I sell

wouldn't worry tbh... it'll happen - the facility announcement is crucial but you'll probably be paying significantly more or less eitherway

yep... I've read of P/E's of up to 30 and re-loadable up to 4 times? and that's just for one facility....

Numbers seem a bit crazy at 4m mcap

should be a minuscule overhang and orderly trading will resume pretty soon IMO.... I'd say that's pretty impressive all things considered

they've been cleared....11:56:24 and the 11:38 trades.... total 9,604,690, half a day not bad