Member Info for MrHumble

Reckon ftse in for a bit of a deep retrace. large gap between call up and call down (on one variable)

This is oversimplifying it, but you can keep selling to each other at lower prices to stay off TR1's, whilst it works it's way down to the the average holdings of 8-10. Then let the broker hold the final lot near a intended floor. Many ways to stay off TR1.

However the most likely is just some fund manager absorbing it for a fee, and it's really held by gerbils

At least it shouldnt be a 40 day algo line defence like the last range at 16 mid . Awful to watch

Stayed above/at line 5 days when should only have been 3. Shows the SP control not that most don't see it these days

That's a collapse within 1-3 days anywhere else. However given the control of SP here pre all crud news, can't assure that to occur rapidly

Https://x.com/YankTrain17909/status/1960968453163975156

Right, back at 9p to see if any sign of the lads changing their ways GLA

Well SP is down circa 50% on pre cash raise high. And that includes a few stall/distribution periods into things like Croda numbers failure, cash raise day, and a crud update

On that basis alone, it's not hard to guess what the trades are

Now lets say they get 1 million from Croda at the end of 2025 (lol).Well, it' already extracted right? Just like the earn out was extracting any possible profit to be reported later.

Much like O Hara. Kings of cash extraction. They even cover any cash that might happen lol.

There you have it really. It was confirmed. Left grey in the trading update imo because they got nothing, or maybe 50 pence

Asked a fair few savvy with accounts, and hey just cant see much from Croda, if any - given both the carry of past raises , acquisitions most likely contributing a bit etc etc.

November 2024

[....for working capital will be required. Following the meetings with Croda, management can ****confirm***** that revenues will be received before year end....]

Was obviously little or nothing. Assume he meant June even though could be interpreted as the end of 2024.

23rd Jul 2024 7:00 am RNS Closure of Convertible Bond Facility

Stuart Ashman, CEO of SkinBioTherapeutics, said: "We are pleased that the CLN has now come to an end. Having listened to shareholder sentiment....]

29th Jul 2024 7:00 am RNS Full year trading update

The Board does not have any short term concerns over cash]

2nd Aug 2024 7:00 am RNS Investment of £1.56m from new investors (Dilution0

.......................

You honestly would not have the imagination to make all this up.

Another 4,2M for axis

How much does it cost to stick it on a few shelves? I've seen space projects cost less from scratch.

2 Aug 2024 07:00

Investment of £1.56m from new investors

· Company was not actively seeking further funding, already funded to *****Q1 2025*****

The additional funding of £1.44m (net of expenses) will enable the Company to continue to support the roll-out of AxisBiotix-Ps, the commercialisation of the acne treatment and the potential payment of the Dermatonics deferred consideration in 2025, as well as general working capital. It will also strengthen the Company's balance sheet to support the potential acquisition, removing the need for the proposal to borrow an additional £0.5m under any acquisition financing facilities.

Given the cash burn etc, how could none of you not foreseen what the spiking in price was for before June y/e unaudited?

Does the supe3rdrug spin of bringing it forward sound more like an emergency cash facilitation?

Maybe he will convert it? Depends. If he can have gerbils for a better rate of return, might as well lol

The cash extraction team strike again

I was not aware of that + 13%

Looks like you guys need Croda to kick in, just to cover that within 3 years

Instead of a bit of extra stock, it's now a massive debt.

Unreal

Looks like a drop call alright. Maker good at holding price up in ranges to fill these

Probably OPTI but hard to know these days with many more involved

Good.........

And why did the company agree to 13% when they seemingly had original backers they supposedly never asked? Could have simply asked them to fill it with the interest?

Im starting to think he got knocked back, and had to pay high risk interest to get that filled.

Either that or he simply gave 13% interest to a mate rather than ask the original backers?

Has the media asked Ashman why he agreed to 13% when he could have simply filled the stock without interest payments? Filled by those 'supposedly' angry they were not let in ?

Something not right

13% though?

usually somebody seeing something as low risk would accept goof bond rates.

So why 13%?