Some more big buys going thru amid the small sells.
There's definitely potential here. Just a case of the BoD learning to walk before they can run. Very interesting model anyway!
If they can start to pull it off then today's SP is a bargain. Depends on one's appetite for risk I suppose. GLA.
Trolling the share in the hope for an even cheaper buy in, or FOMO after selling, or a combination of being mentally disturbed, lonely and bored is my guess.
Truly pitiful.
Hiya. What does everybody make of this?
https://twitter.com/silolondon/status/1007538107548426242
If those figures are anywhere near accurate, we are indeed sitting on a black goldmine!
FYI today's mini-dip seems to be an MM illusion - some of the most recent trades were mine and were all buys. There doesn't appear to have been a single sale since yet it's magically red? Probably a few delayed buys to be revealed too. How are they allowed to get away with such manipulation on this cesspit of a market?
GLA.
So Reneuron have enough cash to H1 2019, and their PIIb trial for CTX will also have final readouts in H1 2019. If they meet the primary endpoints it should clear the path to approval leading to $1-2bn per year revenue.
Am I missing something? I know no news can cause shares to drift downwards on AIM but the drop here looks pretty brutal.
Will hold for another year, and buy more if it sinks to 50. Simple strategy. GLA.
Absolutely criminal drop based on about 2k of sells amid a load of buys, so that warranted a £1m+ drop in the mcap in the last ten mins? AIM is a joke, PIs get battered yet again on the back of excellent news. A great buy opp for anyone new but it feels like any rerate will be at the whim of the MMs.
Would definitely take a JV at this stage! Think the mine would be put on the back burner, if they've been asked for an expanded JORC in order to put a relative value on the resource. Doubt they have the cash to do both simultaneously, hence the direction change. Flog themselves to slowly but surely try to build up the mine - water and all - or bring someone with clout on board who can accelerate things for a ramp up (or like Surprised has said it could be a sale)? Sounds like a no brainer on the face of it.
One way to deal with the SP slide is to buy more. The strong fundamentals haven't changed but it's now cheaper to buy. I believe this is much more a case of 'buying the dip' than 'catching a falling knife'.
Can't believe how low it dropped after opening today, people panicking and going on SP rather than research during a week of good news with the mcap still so low - the MMs mugging PIs again, literally!
No worries MoneyPenny, let's just hope they finally do what they are promising. If they do, today's SP is a steal. If they don't, well...
Worth a 'punt' from here I reckon, although I don't mind a bit of risk.
GL!
The SP is a genuine disgrace now. LJ needs to get out there and start explaining what's going on. Even if everything isn't great, it's the uncertainty that's been killing this share.
Over to you LJ.
I have to say that if you share a deep knowledge of Evgen then like myself you wouldn't be selling but of course that's just my opinion and it's entirely up to you what you say and do, especially as it's dropped back since anyway. I'm a LTH more than a trader so we can agree to disagree on this one (however mentioning a placing when it's funded up to results was a bit indicative).
GL elsewhere! AIM can be irrational at the best of times so not overly surprised to see an initial 'sell on news' drop today. Am confident this will have a go at 28p again sooner or later based on the phenomenal fundamentals.
Ok Fundy so you've sold, nothing wrong with a bit of profit taking, but do you really need to resort to the antics of a placing scare or trying to read negativity between the lines of a good RNS. Is it to buy back in cheaper or just worried you'll miss the next rise?
Sorry to say this but I fear if you stick around any longer you might find you'll be undermining yourself more than the share.
Classic example of why PIs should always DYOR rather than listen too much to BB posters with agendas - whether ramping or deramping or in some cases one then the other eh.
GLA.