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And more....
Furthermore, the Board has received a report from its tax advisors confirming that there is no significant impediment for the Company adding a US listing or re-listing the Company in the US.
This would be over £2 at the states
All IMO
2 in a row means they mean business, was not surprising to see it drop with the pending payment coming up, no bailout for mangrove again
Can imagine they start to close soon and we head to the gap to 40s+ where we should have been after the drilling RNS
All IMO
Remember when Hobbs said something along the lines of you have the opportunity at the lows here but when financing is announced it'll be long gone
Genuinely surprised it's not in the £s after the validations etc....
All IMO
Probably best to ignore him looking at his post history, here’s a gem….extended runway to Q1 2025 as per RNS
Rights Issue on the horizon31 Oct 2023 08:56
High cash burn rate and the requirements to meet ability to continue trading for than 12 months means a rights issue come Q1 next year!
Hahaha hedge fund running an algo on a low volume 4% spread share.... yeah right, looks like a seller out/technical bounce to me,
16.5 and then 19p resistance points, then its 28p and 33p
All IMO
What a bell end.
Earnings are pretty clear, 17% revenue drop but 20% higher than previous year.....margins and EBITDA are also pretty clear to understand, its not a profit warning, it's just slower GROWTH
It's a specialised product, low competition, they're pretty transparent if you read the RNS
Cannot comment on management buying, but its not always a positive when they buy at bottom, hopefully see some on the way up
Africa is the place to be, read Horis's posts
Bell end.
All IMO