Member Info for Owl85

So, in the short term we look to be becoming a producer, which is a huge milestone in any kind of small or startup resource exploration co, be that O&G, mining, or in our case helium as many fail well before that stage or end up crutches under huge debt and shares in issue.

What do we forsee after that? Do we continue to grow, or will some time as a producer be the signal for the big players to take us out with a bid?

Fair enough, looks set for a full year of buybacks, give or take a few weeks.. that'll keep driving the SP.

Gallini - daily RNS refers to £700m, is £1.4bn the aggregate total of this round and the last round? To be fair I wouldn't be surprised if they announce another round at HY but that's a while away yet.

Currently at £644m spent of the allotted £700m so not far off, will they announce another round of buybacks? If not it will be interesting to see if the SP holds this level, continues to rise on fundamentals looking good, or falls with the lack of extra buying pressure.

Trek

I had the opposite experience with AMC when it spiked to 44p, could have made a very, very tidy profit but got greedy and it fell away to a modest gain.

It's tough to call when to bail out of a share that's on a big gain. Even tougher is finding the next ones to back with your gains.

Could be as late as a week today, will leaving it until well into the 11th hour affect confidence in the company though?

Will be an interesting week, rns or no rns.

Dare I say it, it looks like 400 has gone..

Just doesn't wanna breach 400 does it 😂 two attempts this morning so far.

Quite possibly later in the week, I can see a bit of profit taking with it being a psychological barrier but I can also see it continuing to rise after that with money coming in from those who view it as a bit of a safe haven during times of instability.

I think some broker notes can have ridiculous targets, but that's one that is more than achievable.

52wk high touched this afternoon.

Bigbench - I'd go for the next week or two for 29p to be breached to be fair, and hopefully in a steady way that has some staying power.

Looks to be on the march upwards

It's always been the way. Doing that gives a guaranteed sum, opening it up to the general market via a rights issue is both more complex (and therefore more costly), and also runs the risk of being undersubscribed, ie not raising the target amount, which depending on the company's individual situation could lead to it going to the wall.

Are there companies out there on AIM that abuse this, and dilute private investors into oblivion with almost constant cash raises and little to show for it? Yes, but that's where we as PIs have to be wary, and choose our companies and those running them wisely and not be afraid to walk away if it doesn't seem right.. don't get emotionally attached, and don't be afraid to walk away with a loss rather than getting completely wiped out.

I think it's been taken well as it gives certainty, and also shortened up the timeframe considerably.

Got to say, theSP performance this first hour is a turn up for the cards.

Looking at the market share figures it looks like the market share is coming at the expense of Asda.

I will say that it seems like there's a concerted effort to move away from the legacy systems, but with an organisation the size of Tesco, it will take time.

Hopefully so. Been quiet on here today.

Hector - I suspect they're algo trades, by whom or to what end I'm not sure.

Remember as well there will be people who have bagged at this SP (I'm not far off with a 6.8p entry), and may be following the old sell half on a double rule. That may be providing a bit of resistance at the minute.