Member Info for onlyprofit

Thank you JoeyBloggs7.

Thank you, 1DR for the clarification. Sorry for my lack of knowledge, Once you subscribe at 1.5p, can you sell it immediately or do you need to hold it for a certain period before executing your sell?

I haven't been in this situation so it is my first time. Thanks for your help.

Slacker: My £43208.05 investment is presently worth 3193.76 :-(

Thanks, Muminr, no message in IG and no email. It means I can't buy shares at 1.5p :-( Never mind I will sell when the share price reaches 10p and bear the losses.

Joe: how can I take part in open share offer? Do I need to contact IG for the offer?

If they successfully raise £6m, the total number of shares would be 505m (before placing 149m). Do you guys think the share price ever reach 40 to 50p? My average is 33p and I have mentally written off my investment. I know it is my fault but expert opinion is required.

Eureka01: I believe only for 5 months right????

Hahahahahaha hahahahaha very funny. Nice joke Tifger

I think it's game over guys. The RNS states that :

"Investors who subscribe for Firm Placing Shares are advised that, as previously disclosed, the Company's current cash runway is through May 2024 and there is no certainty that the proceeds of the Conditional Placing, the Rex Offer or the Open Offer will be received by the Company as these elements of the Fundraising remain subject to several conditions including Shareholder approval and the Minimum Proceeds being raised. Should the Company receive the net proceeds from the Firm Placing but no proceeds from the Conditional Placing, the Rex Offer or the Open Offer, its cash runway will remain extremely limited, it will only have around seven weeks of working capital and the Company would urgently need to seek further financing which may or may not be available at all or, if available, may be on commercially unacceptable terms and could lead to more substantial dilution for Shareholders than would be the case under the proposed Fundraising."

No hope now to recover my 43k investment :-(

My only hope is ENET now.

Ah! my 43k at 33p. I will never recover my money after today's RNS - it is my fault. It's another bad investment.

0.878 to sell . They are daffy buys

Googled it:

The close period, in accounting, is the time span covering the completion of a company's finances and the subsequent release of those financials to the public. During the close period, insiders are prohibited from trading company shares or making any relevant information public before it is officially announced.

What does it mean Hull?

Agree with Skid

Yes Rick

Why would someone sell when according to you the good news (new contract) is around the corner? Think about it :-)

Trade value 0.99 volume 90 :-) ;-)

Something is not right. Some big sells today :

1,254,732 (11.0k)

875,183 (7702)

944,058 (8,638)

595,943 (5,542)

500,000 (4,690)

500,000 (4,695)

Advice is a noun that refers to an opinion or suggestion that is given. Advise is a verb that refers to the act of giving an opinion or suggestion.