Member Info for Montmuzard

Minimal volume though. If Nasdaq spikes up again in pre-market everyone will be clamouring to get back in here.

No volume this morning. But if the US held up at $20 overnight, it’s quite plausible we get some serious action again pre-market so I’m not ruling out another day (or days) like yesterday all the way up to results personally. Anyone that shorted again in the high $30s will already be twitchy at $20 and we could see the base share price keep moving up by $5 or $10 every day now with some volatility in between.

At $14-15 for WShop, Wecap should still be some way over a penny according to my calculations. If the results they release later this month are as strong as anticipated, WShop could be well north of $20 or more.

Only one creditor opposed the offer previously anyway. So the company only needs the holdout to agree and it’s all done.

I’ve green boxed him.

MCap £8m right now. What will it be on news with the company regaining control of a £160m+ asset and all debt wiped out? At least three or four bags from here to begin with.

Absolutely criminal manoeuvre. Hope nobody got shaken out!

Nothing. But why tell everyone you’re moving elsewhere?

2.6p paid

Bottom in at 2.4. A full penny higher than Friday’s late dip. That implies the next high will be in the 4p region. Buyer’s back. Hope nobody got shaken out.

There we go. Book flipped. 3p paid. Pressure all one way today again.

They had nothing to sell at 3p earlier, now they do. We go up much further after this shake.

As soon as they’ve gathered enough stock from weak hands the MMs will flip the book quickly here and anyone selling will be locked out for the next leg up. This keeps rising in anticipation of news IMO. Trend only going one way.

MCap just £10m at 3p with £50m of debt wiped out and an asset worth more than three times that amount. This keeps going.

3 paid

Buyers back in with 2.20ish the new floor it seems

They will surely, by now, have a very good idea of what is in the first set of assays too.

It wasn't the newspaper cutting the timeline as such. It was a direct quote from the CEO that implied the licence had been awarded. Ergo, it clearly is about to be awarded.

Looks like the bid is back up at 11.5p and the ask is well over 12p already. Low float, not much for the MMs to shake out of people here.

It's obviously unfortunate that the CEO was a bit too loose-lipped to the media last week, but any market participant who hadn't seen the media reports will only have been given confidence by that RNS. It confirms that they have made progress since December and are actively seeking to meet the conditions to have the licence awarded. If you read the RNS first and the newspaper reports second, the only conclusion that you can possibly come to is that he just jumped the gun a bit. So the company must be confident that they are very close to meeting the conditions and having the licence signed off. If they are serious about starting in Q3, then the licence could be just days away.

Not as uncanny as hanging around on a message board to deramp a share constantly while still (supposedly) buying in and out of it. Weird behaviour.