Member Info for ProfitSniffer

I'm not sure I buy the tenuous link between appreciation of LSE research and the ongoing camaraderie of its posters, and Jiangxi having to dig themselves out of the shyte having taken on an asset that no other major wanted.

There had to be a reason the West did not bid for this - is that becoming obvious now?

I have zero sympathy for the disgusting commie scumbags

What a pity

Slippery, sneaky, lying little slit-eyed yellow b*****s

Buy 0.16 sell 0.22 that's the current channel. I can't see how that is 5%

I've had one big hit here and I'm looking for another.

Been doing this 23 years, it's my part time job, I'm retired at 50, house owned outright, Bentley and a Range Rover on the drive

Many instruments to use but the simplest is a spread bet. Margins aren't terrible, no deadlines if you're stupid enough to carry a loss

I will make on further point, P&D is a very good strategy if you time it right. GameStop being the ultimate example of course.

0.16 entry this time ;)

Spread wider than Katie Price

I've been waiting for 0.15 but I may swoop at 0.16 if it drops again

That's twice I've missed the P&D!

Third time lucky.....

Despite the "improved" bleeding of cash, in an industry where progress is glacial this outfit is on its knees.

The big dogs know that and if they can turn the final screw then they will get the license for nothing rather tens or hundreds of millions.

The only gamble here is that more than one suitor fancies this and one makes a move.

As many as I can get for a £10k punt

To offload at 0.2 or if I'm lucky catch a wave up on news

Come to papa

0.15 is the entry here for the first tranche. Wait and see

They used to have fortune tellers all along the promenade in Blackpool who made more sense

Even more before his time, Fly me to the moon

17 trades today and a tick and a half down. That spread is putting the short term traders right off. Well me at least

The raise was 500,000,000 shares 11th March. 399m traded that day, 106 the next and 62 the day after. Not all of that would have been sells and not all at above placing. It's been below placing ever since.

far from 4x raise churn, i would speculate it's about 0.4x at the very, very most. Likely less

Totally agree soup. I would just like the price a tad lower to come back in for a long punt.

0.11 really tempts me after that as previously mentioned I'd want clear blue sky between the placing and the current SP to consider hitching a trade as there are an awful lot of placing shares to churn. Too many, and this in my view could weigh heavily on the SP potential.

The most likely outcome is no deal at all hence the current stock price.

That is both the beauty and the downfall of these Pharma punts. The risk/reward ration can be huge but the likelihood of winning that lottery is low

Punt money only, at around 0.11p ;)

More like Handbags and Gladrags on this forum.

Confidence is waning, the market is not pricing in anything soon. All but the very blind can see the wider market is massively overheated and due a huge correction (some think even 50-60%). The knock on effects will be felt hardest by these low volume stocks that will not be able to attract any new money at all.

Rainbow chasing penny stocks is a bit like a Thai Massage off a fat old bruiser, it's long and painful and the chance of a happy ending is pretty remote.

Perhaps they should have secured critical minerals like copper by buying Solgold then.

Expect a deal to be done with the Chinks, Trump is strangling their cheap oil supply and a filthy nation like China cannot survive without cheap oil.

There are a lot of absolute spackers on these boards, that's for sure

I think somebody calculated recently that the cash raise is enough to keep the company going well over a year. So the question is, why did they need to raise that much at these levels? It would indicate to me that any potential deal is quite some time away

No it's not me, my minimum position is £10k

I might be interested if it drops to 0.1 as there's a strong chance it would recover towards the placing. alternatively if it shakes off the placing (and I'm talking 0.3+ ) then I might hitch a ride based on technicals. But the danger zone for being locked in a loss is anything around placing level as I suspect there will be mass churn

Eyes peeled as ever though, the larger volume on one single day earlier this week had me digging for data