Member Info for Noshortsallowed

Technicals certainly suggest so.

GLA

£100 per test. 10% royalty China. 15% Royalty USA. 30,000,000 tests per year needed in China alone.

30,000,000 × £100 = £3,000,000,000.
10% = £300,000,000 in revenue for CIZ.
£300,000,000 ÷ 340,000,000 shares in issue = SP £0.88.
Using a modest P/E of say 2.5 gives a SP of £2.20.
Again, this is just China.

However, a long way to go before we get to this stage but the potential here is mind boggling.

GLA

Another 1,000,000 shares traded. Does anyone have level 2 trading to shed any light on whether these unknowns are buys or sells?

Another 1% of the company bought delayed reported trade from yesterday.

GLA

1% of the company just been bought in one trade. 3,300,000 shares.

GLA

Yes all in RNS from 29th Sept, Exercise of share options.

@chriszzr can't be a short closing as No shorts allowed lol.

GLA

Are we in the midst of a takeover attempt?

That's a TR1 RNS right there.

GLA

Are Conduit selling off their newly acquired 22,000,000 shares? Hence the decline in SP.

1.62p then back down to 1.40p.

Haha, no one knows really. Bang on support now. If it drops below 1.8, it will probably retrace to 1.6's again where there's some stronger support. It failed at all 3 attempts to break the 2.08 resistance.

100 share trade, code for market makers want your shares, don't give them to them. This is a tree shake, hold tight.
GLA

2nd attempt at resistance.
GLA

Just needs a bit more buying volume to push this through now. Hopefully this will come next week.
GLA

Resistance now at 2.0832.
1st Support at 1.7889.
Could have a bit of sideways movement now and trading in this range as we didn't quite get over the line today.
DYOR
GLA

Support now at 1.7356 but has been re-calibrating higher so almost there now. Should bounce off this and re-test 2.1. However, usually takes 3 attempts to push through a resistance line so will probably bounce off 2.1 again before a drop and another re-test. AIMHO.

GLA

Support now at 1.72 then 1.63 and 1.61. Let's see if we bounce off and re-test 2.1.
GLA

Let's see where we are at the close of play Friday.
GLA

Nice bullish marubozu candle yesterday, could signal a bit of a bull run and a strong uptrend. Let's get passed 2.1p and then 2.4p then this, with a bit of good news, could get to somewhere near placing price. GLA