The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Something is brewing imo
LUCAN: You posted this on the BMN board:
"This is a hefty rise,and the buying is continuing despite a 40k sell.
It looks as though someone thinks news is on the way."
no go do one you agenda driven ***wit
Leaky Leaky??
Drilling about to start- Happy Days!
Totally agree, it is subtle, but the RNS does point towards that, here is the 2 bits which pointed this, to me:
" Should the contract be signed, the work is expected to take two of our technical staff around five months to complete."
"In order to further develop its business, the Company is raising funds through the Fundraise to enable it to carry out activities including increasing its sales & marketing spend, recruiting a further member of its technical team"
Reading between the lines, it seems they are recruiting staff to cover the resources required for the work.
Looking at the price it is now, and a very string hint from the CEO that a contract will be signed with a large pharma......this is a no brainier.
There is an element of risk, as with all AIM shares, but if something like that has been issued in an RNS, yes it's not guaranteed, but you couldn't get a stronger "hint" of future potential
From the RNS last week:
"In this regard, in the last two working days, the Company has received a strong indication that a significant contract is likely to be signed with a new large pharmaceutical client, with which it has been in discussions since late 2019. While is it still possible that the potential new client could withdraw, it is the Directors' opinion that this is unlikely. Should the contract be signed, the work is expected to take two of our technical staff around five months to complete."
For any newbies who may be looking at this
Greenspan - The RNS clearly states that the Significant contract will take use technical staff for months.......if its a Big Pharma do you think they would award it based on if PYC to win, they will THEN get the resources required.
I'd hazard a guess and thing PYC need to have the resources in place, to deliver, before the Pharma awards the contract...this is not rocket science and is standard business practice. This is what the RNS, to me, strongly suggests
The RNS does state they have been in discussions since last year...but in the past 2 days they have had a strong indication with a big Pharma...so agree, it does give a strong hint at some big news around the corner.
Greenspan, better to get a fundraise out the way and then release significant news..
otherwise, like today, the good news is selectively ignored and folk pick up on the bad.
Also:
"In order to further develop its business, the Company is raising funds through the Fundraise to enable it to carry out activities including increasing its sales & marketing spend, recruiting a further member of its technical team"
Getting ducks lined up for this significant news??
Obviously they cant confirm it, it'd have to be RNS'd, but seems like the director is in the know imho
Lets not ignore this part of the RNS too.........
"in the last two working days, the Company has received a strong indication that a significant contract is likely to be signed with a new large pharmaceutical client, with which it has been in discussions since late 2019. While is it still possible that the potential new client could withdraw, it is the Directors' opinion that this is unlikely."
Looks like there is some significant positive news around the corner imo..
133%!! - bodes well
Something is brewing imo....
A good RNS and this will fly upwards
8 weeks is a long time...we'll see, but normally the SP drops as people move money to other shares and will jump back in mid-June
imo
From the BBC article:
"Initial results from the trial are expected by the end of June."
Not expecting much in the next few weeks so SP may drop but rise closer to the results.
Just imagine how quick when news is released!
Rather get in now
A drop in share price really brings out the worst in people.
People gloating how much they have made and rubbing it in to those who have lost. Hindsight is a wonderful thing.
On the flip side, Groups of rampers berating anyone with a view which is not aligned with their agenda (I'm guessing this is where it starts, when the share price is going up)
We've got the luxury to gamble in this market, spare cash (anyone investing money they need, in this market, needs their heads checking)....
To those that have made some cash - well done, and good luck in your next investment.
To those who have lost (if you sold)..better luck next time.
FFS - can we be civil
People must see the potential in this, its HUGE!!
This will fly this afternoon imho.