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Well we didn't quite make 3p to end the week, but there was a good final trade of the day for 10k's worth at 4.29pm.

roll on next week, maybe some news from UCLA

Also worth considering is the fact that this takes another 3% out of the free float of shares that Arrowstreet have to try and buy back, could get interesting next week

This isn't just some random Company they are a Family back Spanish transport specialist based in Madrid with contracts with the Spanish state.

If they have bought in they can see that this is way undervalued and they want a seat at the table. Time for a top up for me

Marty, it is gambling, but hopefully a little more educated and unless you are completely stupid and treat it like the grand national you won't loose your shirt, you might come away with the sleeves😂

I fully understand what you are saying and I am too quite well invested here, but the conundrum is always do you add more know wait for news or just sit and hold what you have and invest elsewhere.

Hi Pickedpeck, all very interesting reading which strengthens the case for holding here, but it would be nice if it translated to the share price with a bit more haste.

Just not sure how many more shares to buy at the moment, it is one of those situations where buying more makes sense but should you hold off until further news drops. The science makes sense the market does'nt !

I have to agree with moneymunch, it is very insightful post pickedpeck, not one to trade this, need to sit on my hands but as I have said before small Biotech plays can be very frustrating at times with constant share issues and money raise excercises, but hopefully with the last raise done and the grant money coming in the rest of the year is a clear runway.

Onward and upward

Also have just seen , oil is back below $90

The price just spiked in the last 20 minutes along with the FTSE, It was announced that Beazley at LLoyds of London are insuring tankers to go through the straight of hormuz again with a special war insurance. A bit of positive news to help the macro sentiment

I hope we do Marty, I took another few this morning

Thanks for that that John, it's 15 months accounts then, that makes sense, hopefully a busy summer of good news to come. We can hope anyway

Wealthtrasfer

I'm hoping the audited results will be out in the next few weeks, they are normally around the end of April, but I expect a small delay with new auditors in place and also the release of some of the german rail provisions as I seem to remember in Feb that they would be looking at that.

You seem well informed Pickedpeck and your posts make interesting reading, a took a reasonable position here recently after doing much DD and I hope it plays out as you say, but I have to say these small cap Bio's can be very frustrating at times.

Well I have decided to hold this for the rest of this year because like you Conrad I feel there many positives on the horizon.

However I will keep one eye on the Middle East, incase the crazy religious regime decides to esalate the situation, the one in the white house that is.

Trump changing his mind every hour is being generous, he doesn't know what he said 5 minutes ago and as for that ex Fox news idiot he thinks he is on the crusades against the muslim hourdes, you could,nt make this up. sorry rant over.

anyway l will take a fresh look in the morning and see if the proposed israel ceasefire with hezbollah holds this evening which should help the situation.

Can't really fault you there JO, profit is profit after all. I did the same myself on a different holding this morning.

However going on the Orange dipsticks previous moves he tends to use rhetoric as a negotiating tool and they don't call him TACO for nothing, so I will continue to hold this one until tomorrow.

Hi all, the short squeeze has played out exactly as I said it would and as soon as the Arrowstreet algo turns to buy mode, buying back those 14 million shares with a tight free float, it will just push this ever higher hopefully back to where we were at the end of February.

we Just need the Audited results I think at the end of April to spring a few pleasant suprises on it is hopefully onward and upward until June and some good news from Germany.

Looking at the tape it looks like the short squeeze is on, lots of chunky algo driven off book buys going through which is soaking up the selling pressure.

Last chance to top up if it consolidates mid morning otherwise this will push higher this week if we get a resolution in the middle east.

Hi James,We all have our little idiosyncrasies I suppose, but you have called out the three de ramping stooges quite effectively recently and if you don't do your DD affectively this is where you end up, shorting at the bottom of the cycle.

Anyway back to Mocico, if it consolidates above 20p today it sets up a good base for the rest of the week.

Nice move up this morning which was expected by all those who knew that once the macro noise started to fade we would get back above 20p.

Lets hope the the ceasefire holds and we get a permanent settlement. There will be no stopping this share then.

Also Mr Oxford can you stop refering to yourself in the third person as it makes you sound like a bit of a kn*b and your probably a nice person. IMO