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There are many large buys happening and there is no doubt they are regularly showing as sells either by MMs games or the way the system deals with them. Either way, shares are gradually going into larger than standard PI hands and staying put. Wouldn't be surprised if this was outside the UK and will continue maybe back up to 3p. I hope so.
I agree, this is a long term investment and like many companies is experiencing a bit of headwind due to the covid problem. It would seem they have come through ok so should now be looking to increase profits in the next quarter.
Thanks Stach. I too have made a good profit here and have been invested since November 2004 so have seen it all before. I still have a large holding and add on the dips which are all to frequent and often wonder why the market constantly undervalues the huge potential in our compounds.
There are people regularly buying large amount of shares and holding in the firm belief the Company is on the verge of commercial deals which will hugely increase the value to all shareholders. The buying is based on the science and IP value which will be monetised at some point, probably in 2021. If they are correct the MMs are doing us a favour in constantly running down the SP to levels which take no account of the potential and give us the opportunity to add to our holdings. Time will tell.
Must admit I bought in hoping CA would produce some fireworks. Have topped up today on the drop and will hold in the belief the BoD have a decent plan which will benefit investors in the medium term. GLA.
Based on previous hints from CA I am assuming this appointment is the first of several. Any subsequent new director will give us the direction of travel and I would think will be made soon.
Agreed, two impressive directors with a handle on where they want to take this.
The SP is only just back to the level when it first listed in Feb/March 2019 ( Changed name, directors and acquisition), so for me it seems very cheap considering the progress made since then. I am a LTH and look forward to continued growth in profits and MCap. I think we have a very astute BoD with a sense of direction for the future which is rare amongst AIM listed companies. GLA.
Good to see someone with confidence. Still under the radar here.
1.57p for 1m now. This will go higher this afternoon if we hold. I think over 2p would be the first point to re take and hope MMs are getting short of stock so larger buys can move us back towards the 3p achieved recently. If news then came along on CHK1 or SDC 1801\2 we might begin to see the potential at last. GLA.