Member Info for PI100

DRB there is literally no chance this share is ever touching £7.78. Doubt it’ll touch £2.50-3.
He won’t be here in 28 months, not a chance, so the LTIP is completely irrelevant. It was a “shut the **** up” to shareholders.

True. I'm probably just being a conspiracy theorist!

Probably more the market. I imagine companies have to submit their RNS’ a day or two before and they’re then in the hands of others to dish out as they please.

The market likely saw it yesterday, hence the rise.

It’s shocking. I said yesterday about big volumes based on nothing and lo and behold the market had wind of todays rns and got in for their 5-10%. Corrupt as you like.

I wasn’t negatively commenting on the development side of things here, rather pointing out that sales are key. Every trading update we get is woeful so I don’t think any of us will be truly happy until we start to see big contracts, as that is what will fund the R&D and start to minimise losses.

I’m not negative about todays RNS, quite the opposite as when I saw the little red icon I was consumed with fear as assumed it’d be more negative news, but just suggesting that all these new product announcements need to be followed with sales announcements.

What about the market, digby? Hate to agree with Val but it’s about sales. Can have the best product or service in the world but it’s useless if not selling.

Or stupid. Or closed a short position.

238 trades by 9.30 ish, lots of A trades. On no news. What is going on?

And covid revs down 73% in H1 so god knows what it’ll be by year end. 85%? 90%?

But it’s ok, JM said £100m/annum on camera so it must be true.

Wilson - do you believe them?

V5 - most rational people will say it as it is. 2020 was an exceptional year due to covid, 2021 was good but a lot worse than it could have been given that we failed to capitalise on omicron and 2022 has been an absolute disaster to date. H1 non covid revenue was £3.5M, that’s £583K per month. Covid revenue is basically gone so we’re looking at being a £7M/annum revenue company. Now compare that with our cost base.
Yes we have £100M in the bank but we can’t do anything with that because of the DHSC dispute which is likely to rumble on for years. Even if that wasn’t an issue, our board is utterly incompetent so do you think they’d spend it wisely?
Add to all of that the senior execs have just given themselves a massive pay rise, whilst other much lower paid staff will be losing their jobs to help reduce the bloated cost base, having very quickly taken the company from profitable to loss making, what exactly is there to be positive about? As a loss making company the best we can hope for is a SP that reflects cash so if the dhsc dispute goes our way we can hopefully see a £20m ish rise in the marcap. Other than that, expect us to just carry on in the low £1’s.

It’s AIM. It’s volatile. It’s full of incompetence. It’s full of crooks.

Is this an ncyt board or a covid health forum? We don’t sell much covid product now, and that isn’t likely to change, so what is the point of such discussions?

Doesn’t make for pretty reading at all.

I feel sure they’re dumping as we speak and the TR1’s are on the way. They were spaced out when accumulating so why not when dumping?

DRB do you genuinely think much of that will happen? Bio recently dumped 750k shares, what makes you think they’ll go back in? They clearly had a good look, did some due diligence and concluded that the company is a complete mess.

Not a chance in hell.

Checked the title, breathed a sigh of relief that it isn’t a trading or dhsc update and moved on.

Have they managed to make this rns sound negative, as usual?

Astonishing stuff. How much are we on the hook for here?

No, it isn’t. If we lose the sp goes by 50-60% instantly