Member Info for Nate-PI

More sells on the board v buys now, won’t stay blue for long

In fact, I just had a look at the trades, lots of big round numbers as sells going through, 50k, 100k at a time. Let’s who’s correct on Monday shall we. I’m confident we’ll see a PDMR disposal RNS.

Prolee,

Agree entirely. Madness to be involved with a company that has TB on the board. The pump & dump specialist.

Good luck if you invest here, you’ll need it.

To announce the withdrawal of the application without any reasoning or explanation is poor form. I have to admit, the comms from the board hasn’t exactly been very forthwith. The next update will need more meat on the bones or people might begin to lose confidence.

Oversold, really?

100k revenue, with 1m cash burn and a 20m mcap, are you mad!?

Yes, to rub salt into the wounds here, I lost a lot of money in the Neil Woodford fiasco. I blame link for the decision to wind up the fund as much as I do Neil for some of his poor decision making. The truth is, Neil was obviously onto some good-things with his fund, if only people well a little patient, as you say.

I've just spent the last hour watching the investor meets company session from April, very impressive portfolio and their message re focusing on investor returns was well delivered.

Well, looks like I should have pressed the buy button at 90p this morning. I was very close but reluctant to just jump into a company without doing my dd first. Wish I had this one on my watchlist pre this mornings announcement. Good luck and well done all holders for this result, I have a feeling you'll do very well out of this one.

OppHunting,

Completely agree.

Nate

Wow. So many obstacles to overcome here now, it’s hard to envisage a satisfactory outcome for shareholders. What a sad state of affairs and enormous fall from grace. This was such a promising company once, now sadly, it’s becoming ever more apparent that the end is nigh.

LtdAxis,

For somebody who's so downbeat on the company's prospects, you've spent a significant amount of your time posting here. I wonder why?

64 posts in the last 30 days, and 58 of them all about QBT, go figure...

We don't need serial de-rampers with an agenda here so please do us all a favour and take it elsewhere.

Best, Nate

Good luck with that, I think the fact we've only seen a minimal drop is testament to the fact we're even more likely to achieve a favorable result here now albeit with an extended timeframe. I'd be topping up if I were you before these prices are lost forever.

Sold Value £56.62k
Bought Value £70.07k

Buys still exceeding sells. MM's trying to spook people into selling. Drop it to try take out stop losses, pick up cheap shares then oh look at that the price goes up and they sell them on for higher. MM's make their money from the spread so by playing these games it's how they make their paycheck. Do not be fooled.

Vol. Sold 827,323
Sold Value £15.51k
Vol. Bought 1,962,713
Bought Value £36.80k

Yet they've taken it down to see if they can scare anybody into selling, laughable really. Be blue again in no time :-)

Yep, every single trade so far a buy and rightly so, looking forward to today :-)

Roobler, have you been following the case and do you understand the specifics of it? The two cases are completely different and to try to compare the two is futile.

Another 1m buy just gone through, somebody is definitely loading here. Nobody can say for certain, but it coincides conveniently with the one day postponement. Looks very likely to me that we're likely to see a favorable out of court settlement.

4 x 1m buys gone through today, I strongly believe now that somebody knows where this is heading tomorrow and is loading up

"The past eighteen months have been challenging. Despite our best efforts, the Group was not able to generate any revenue from its financial training business."

This isn't a SPAC, it's a deadbeat business with no tangible product and no revenue. Yes they have cash in the bank, but that's useless if they continue down this path to nowhere and achieving nothing. All I can see is a company that will continue to burn cash, their only asset.

Does anybody else have anything positive they could add to this?

So, mcap currently 13m, court case tomorrow with claim c. 10m, confident with our position based on fundamentals of the case and developments thus far.
Even a basic 2/3 x cash should comfortably see us 20/30m mcap or roughly an easy bag from here min and that's disregarding the recent developments with the core business.
Feeling comfortable here despite being underwater for the time being.
I'm surprised we haven't seen a rise leading up to tomorrows ruling given the likelihood of a favorable result. This feels v good value to add more.