Member Info for Newuncle

Different day same old arguments.

Lol...he won't tell you. He can't tell you . I know why but I can't tell you

Parkez,

Your last 2 posting have summed this up well. Potential is all well and good and I am certain this will bounce big time when CPX do release an RNS with confirmation of orders. the issue is that we wait, the drip drip drip selling is dragging the price down almost daily and has done for some time now. Most PIs can stay committed as we have seen here but they don't seem to be adding (I am sure one or to have) whilst the selling dominates. It's not easy to see your "investment" value fall away on a continuous basis and it drains confidence. Maybe the greater market falls have made it worse than it should be but still no one can call the bottom here yet because there is simply no way to value this company fairly other than to say based on new releases that it has yet to make a profit and the main driver seems to be the company's statement that they have world class products and lots of enquiries that could lead to orders and the never ending court case which seems to be going on and on so not much point speculating about that. So can CPX which is predominantly an R&D company turn itself into the money generating plc that will deliver profitable sales in volumes to send the SP back up into the teens and beyond? In current markets and with such poor investor sentiment here (ie hardly anyone is buying these in the open market) that seems a stretch. It needs a 50% uplift just to get back to 12-13p levels. Next RNS (as long as it isn't another share issue to employees) will be critical imo and I just hope it comes before the end of January.

AGM was held in Australia. .....fwiw

Just being realistic.

I don't have an issue with that. I do have an issue with posts that suggest the directors are taking shares instead if cash because they know they are a bargain and by inference telling others these are going to fly from here. Directors were taking options on shares here a year ago above 11p.

No not at all. Wages should be paid in cash. Bonuses in shares should be an option. Continuing to pay wages in cash does not suggest they have turned the corner yet to being given able to pay wages from earnings.

Burning through 2m dollars in 12 months to June 18. That's the issue not my posts. Hence 5he recent discounted fund raising.

Incomes.

That money is for capex investment and materials not paying wages.

I'm concerned as the company isn't paying wages out of cash. That suggests cash flow isn't as strong as it might be. This company issues more RNS updates per year about share related payments than they do about doing business and updating shareholders with news. Bring on the deramping abuse next...

Boom.....well someone had to say it

Tom....really? Are you a merchant banker because youre acting like one.

Getting close to pre news levels that took it up from 8p to 12p+. Will there be support at 8p?

8.30 open now 8.15

Must be a seller as price just fell again.

220k trade just gone through don't know what price yet

PC01 and Parkez. ...100% correct

Agree good products but as H says below sim stocks need news flow to gain in value, bleeding obvious I know. PIs will return at some point but without news the price won't be the reason they decide to buy even though it's down 30%+ from recent highs and existing holders don't seem to adding in volume either. How long this will drift for is anyone's guess as we wait for next update to come.

And us...sorry me