Member Info for PaulBrains

Price here continues to defy conventional logic - let's see where we are come H2.

Price here continues to defy conventional logic - let's see where we are come H2.

That assumes they can get the funding also. There's no certainty of it.

Most of those have been mine - we wait till H2 and meantime dilution becomes more likely. They can have them at £98m market cap.

You should ignore the shareholder loans in this context as it's money due from the business to itself.

45.59 - 3 is 42.29(!)

Investors are throwing in the towel. They've had enough of the promises and inaction. I reckon board have got 6 months to get something done otherwise that'll be that.

Secured funding mid next year - they'll be out with the begging bowl autumn/winter of this year again potentially. Makes no sense to delist whatsoever

It's calculus selling because you think it is - right, got it.

Yes some fair points there VD. However, his posts are absolutely not worthless. He does tend to be far too bullish though.

Do we know for sure it is calculus??

He doesn't tend to be very good at the stock game.

I'd think sellers not around much in holiday period and buyback helping. Suspect back to 11p shortly.

No. It would be "safer" without any debt ;-)

For sure. It's entering a level though where an RNS at 7am could really take one by surprise (agreed takeover/combination) and then you've lost out. There must be a lot of corporate discussion occurring given depressed prices across the sector. Pays your money I guess.

If you can't buy here you'll never buy! It's already ludicrously cheap on the basis that BASF paid a notional £3.60.

I prefer a 9 iron to a putter.

I think it made perfect sense. They needed funding within 9 months and any sensible board got that process moving. That's all there is to it.

I think 40p - but agree with the logic. Once the data gets going we'll forget about this very quickly.

Exactly my thinking summed up very well.