Member Info for notrac

@ Bobliz35
From a fellow Asian flu sufferer. I was two weeks into my first term at boarding school when it struck. You looked around the classroom and wondered who would be next to succumb. It was nasty. The school turned into a giant infirmary and had to close for a week (hooray). We were all sent home.

In the second minute of trading. Suspect it was closing a stop put in by a short.

Yes the charts tell the story. Double bottom in December and bouncing off the moving averages.

Explains the recent price decline.

A surprising move. LO obviously felt left out when the Primary Bid Allocation was fully taken up.

Strong reaction to dip. Could finish higher on the day. 2020 prospects look good.

STX got Ferracru approved in Europe before going to the FDA. STX after initial failure ten bagged between March 2018 and August 2019.

From my enquiries elsewhere, the sale of 10 million shares by Mark Coombs represents about 4% of his holding; hardly dramatic.

@velo
The long downward move over the past two years is demonstrated by the support in mid 2018 becoming resistance in October and December 2019. However, the August low of 160 has not come into play in the recent decline. A higher low is the first step in moving out of a decline.

Aviva have increased their stake to just over 5%.

Could be difficult this morning.

Surely they must make an announcement tomorrow to avoid a bloodbath on Monday when the new supply of shares can be traded.

So Tamraz & co now have the funds to complete their share of the funding.

Hang in there Lunus. This is not the time to sell.

Agree that those who subscribed to Primary BId will not be able to sell shortly before Jan 20th but LO will be selling as soon as the price reaches a certain level. There is hardly any difference in the price they paid last year to what they paid last week, so the can sell some of the shares they acquired last year and replace it with the shares they will get in mid-January. I suspect they were selling some today when the price got to 15p.

This is all about lacl of supply. PIs who subscribed won't get their shares till the end of Jan. They cannot forward sell until just before. That leaves LO with shares from their previous subscriptions. Anything above 12p is fair game for them.

@E_AL Spot on. LO sold 1,025,000. Nice trick to ensure that after the previous disposal in November, they were just below the 13% threshold.

Primary Bid taken up in full. There will be a high volume today.

It will interesting to see tomorrow how much of the offer was not taken up by LO. LO get a warrant of 1 for every two shares they have subscribed for exercisable at 40p. Positive news that it closed early, and also good to see that TW recommended it.

Fundraise at 8p through Primary Bid.