Member Info for ontarget

Details: Speed to tow a jack-up rig (from https://www.offshore-technology.com/features/featurebig-rigs-how-to-move-the-worlds-largest-rigs-4265775/) 3-4knots (assumed 3.5).
1 knot = 1.85km/h.
300/(3.5*1.85) = 46hrs

Just done the calculation - it should take no more than 2 days to tow the rig 300km.

Found confirmation on the FDA website. Don’t think i can link to it directly though.

https://www.accessdata.fda.gov/scripts/opdlisting/oopd/index.cfm

Enter 9/1/21 for the start date

Superb news, this will significantly reduce trial costs and timescales, give tax breaks later on etc.
Where’s the RNS?!

My confidence comes from the fact all available loose stock at this level and below has been bought up in the last few weeks, culminating with a 5m+ buy at 6.5p which was well above the current price at the time (and not Kight's either as he only added 4m in total). For the last 3 trading days nothing has been offered - getting quoted 6.7p to buy anything at all, as the MM's pray for sellers. Any more buying or any positive news and this will fly as a result.
Your confidence seems to be because the price has gone up to 6p and back down again once it is somehow bound to do the same thing again, despite the above? Only a mass sell-off which has so far yet to appear would do that now given the take-up of masses of loose stock by Kight and others. And clearly they don't think it's going back down to 5p either.

Chunky tech sales were more than hinted at in the recent AGM webinar.

Hms687 easiest way is to look for the most recent RNS with 'TVR' or 'Holdings' in the name. The first will contain the total number of shares in issue and second often will as well.
In this case the RNS of 19th April includes the 'TVR' and states it as 1,027,613,961 shares. Multiply this by whatever the current sp is and you have the market cap.

No you'e moved in at the right time. Market sentiment here has been slightly knocked this week, probably by the oil price reversal (which has since strongly rebounded) and the lack of a rig contract RNS despite the CEO flagging it to come 'mid-August'. But nevertheless this is the right time, and hopefully next week will show that to be the case.

If trading this one stock EVG and the other stock you post on is what makes you a living, then good for you Kingalf. Nobody can object to that.
What is objectionable is the arrogance and even more so the 'bashing' posts that will invariably follow your selling out, as though you have no confidence in your convinctions. No trader worth their salt would feel the need to do that. So is it any wonder people take your posts personally? You encourage it.
Anyway I think you've made a mistake this time as you will find out next week.

The CEO said he expected the rig contract signing around the middle of August. This was in a recent interview possibly this one: https://www.youtube.com/watch?v=39bjWG0ta5U

So yes based on that it's late.

The buyer of 5,952,273 shares at 6.5p says you're wrong.
You do realise your opinion is only your opinion right?

A rather large trade (looks like a buy) from yesterday morning just reported. That's significantly more than Kight added so lends weight to the idea there is more than one large buyer here.
Interesting times.

Sounds like pure luck to me rather than a trading strategy - if the COVID trial result had gone the other way then the sp wouldn't have dropped to 5p would it. Unless you're just talking about having a stop-loss? I think in general they're not a good idea on volatile smallcaps.

Interesting buy orders in the closing auction - ~650k at 6.4-6.5.

Cash nearer £11m than £5m mazik.
Yes hopefully news is due. Particularly interested in the ODD application result which should be significant if granted.

Encouraging news indeed if the tightest of tight directors has dipped his hand in his pocket.

Wrong thread?

Meanwhile here at EVG, some quiet accumulation going on. Calm before the storm.

https://www.wg-plc.com/queens-award-2021

Just noticed the recent webinar is available to watch on youtube: https://www.youtube.com/watch?v=ZOlI8A-ikxU
Fair enough yrab, Pete is still a bit pasty in this one although less so than previously.

Has anyone ever called you a troll Hazdogg?