Member Info for nomlungu

Yesterday some were paying 0.55p a share - ow!

ValJu,

A few months ago you wanted to call an EGM and asked for shareholders support around when it became impossible to sell at the advertised bid price.

All that has happened since then is I cannot find my cat...

I might have posted this link before but have been cleaning an Inbox and thought it was worth posting nonetheless.

https://www.dwavesys.com/

They started allowing access from UK and EU connections a few weeks ago. All I can say is thank you Andy.

Sam,

VAL may have valuable drugs [test results are awaited] but at the moment the market is not pricing them in because of the dilution / funding expectations. You might get rich or you may see so many more shares issued that your 'slice of the cake' is diluted to crumbs.

At this price it is a gamble. The chart link below shows the historical losses borne by shareholders. Blue is buy, red is sell.

Sellers are down 10 percent, buyers have been wiped out.

https://uk.tradingview.com/chart/VAL/4Yl3roiv-Q/

The potentially revised terms will inevitably result in dilution.

The big question is will the terms be beneficial to shareholders or the financiers [and the BOD who are raising funds to pay themselves]?

The RNS expected tomorrow is the date of the AGM and 'any required resolutions for the purpose of the New Facility'. From the RNS dated 31 May:

'As a consequence the Company will post its notice of AGM following the conclusion of these discussions to ensure that any required resolutions for the purpose of the New Facility are sought from shareholders. The Company anticipates that the AGM notice will be posted to shareholders on or around 5 June 2019.'

How many more shares will they ask shareholders to approve issuing / will they ask for unlimited rights to issue more shares? Will any other resolutions will be proposed?

$5m needed as per the RNS:

Under the terms of the Term Loan, the three tranches are dependent on the following conditions:

a) Tranche One, unconditional and drawn down immediately following execution of the agreements for the Facilities;

b) Tranche Two, to be drawn between February and April 2020, contingent upon $5.0 million net equity proceeds and subject to agreed revenue targets for the from dCELL and BioRinse product sales; and

c) Tranche Three, to be drawn between February and April 2021, contingent upon agreed revenue targets from dCELL and BioRinse product sales.

As Freddy said, the spread for a large trade is exorbitant.

I remember someone saying a few months ago that at 5.4p, new investors would profit buying in at that price.

43.5 percent down since then. Maybe Alan can explain why this has currently gone so wrong recently?

I only take two bites of an AIM share...

This seems to be a growing cash generating and dividend paying share [EBITDA of £11m is just under 5p a share]. I await the accounts before taking the second bite, unless this drops to a silly price in the interim.

The share price is down 40 percent since the RNS dated 21 March - if the RNS was such good news why has the share price dropped so much?

When you wear rose tinted glasses everything looks rosey - take the glasses off and you can see the red share price.

looks like there may be bargains here today - what a shame

A while ago I put my bio money in ABC despite the low dividend yield.

https://uk.tradingview.com/chart/VAL/58rz0QF9-just-a-bio-chart/

This might be volatile during the week.

Comb-overs and Baldies in the audience - hardly Big Pharma.

And GM had to apologise for not being prepared.

Some of the videos posted on Wimp can be interesting

https://www.wimp.com/teaching-a-neural-network-to-race-cars-around-a-track/

A Petition has recently been started:

https://petition.parliament.uk/petitions/242399

Cancer Blood Tests:

https://www.technologyreview.com/s/613599/cancer-this-researcher-says-he-can-see-it-in-your-blood/

https://www.bloomberg.com/news/articles/2019-05-31/bezos-backed-grail-plans-commercial-push-on-multi-cancer-test

kenny100,

That link is to automated garbage about a speculative share.

https://stackoverflow.com/questions/tagged/google-finance

https://stackoverflow.com/search?q=GOOGLEFINANCE

Geek links...