Member Info for quindell

Very interesting movement - CEO is a great guy but its still a barge pole stock for me at present. Techies on AIM very rarely succeed, they are money pits

From 2p to now for those who had the nerve - I love high risk but even this was too much for me at the time!

The Nomad has classified them as being in a closed period due to ongoing talks at the 3 assets - because of this they could not participate.

True volume was 15.5m sells (if 8.3m at 0.39 was actually a sell) and roughly 23.5m buys just to clarify - no point going on red/blue trades as indiciators as it’s not truly representative in the slightest!

There are certain entities that are attempting to recreate what Goldfield tried to do years ago.... They are cointegrated in that sense so if you keep an eye on one then BZT will be sure to follow....

Almost 15m buys and less then 5m sells..... something will have to give!

But this is notorious for being a slow drifter south.... 0.15 has good support though historically

I did state nearly everyone is being paid in shares. Indeed I am invested in both companies and both have been hit terribly, I am simply valuing this on our 3 diversified assets in 3 separate countries. Now there have been very very naive choices made by management in relying on Brokers to keep to their word! Of course the big mistake was not raising funds when we were at 2p with strong momentum..... but that is hindsight.This is a high risk play but with discussions for Mankayan ongoing and Eureka there is scope for news flow on that front, but I grant you this needs to come sooner rather then later!

But still the bid is holding strong, a good sign for me!

Below the mid point to buy...so looking through the trades that makes it 9m buys and only 1m sells so far today .

Considering the time of year, audit fees, nomad fees etc etc have already been incurred so the cash burn is very low from here onwards. As you know nearly everyone associated with the company is paid in shares, however there is no doubt we will need funding before the end of 2018 - we should have at least enough cash for 6 months - if we get Mankayan sold & Eureka Sold/J'vd then its a completely different story.

It may be worthwhile contacting the company to get personal assurance that what I said is true.

You are wrong regarding the option payment - the October placing DID fund this option payment, it was ring fenced for this specific use. The most recent placing was NOT to fund this final option payment

Thanks for that info - so the trades this morning were in fact buys as suspected!

Your motives are so clear that its embarrassing! You are speculating that those are actually sells - if like me and you have kept an eye on the market over recent weeks you would see that its been possible to buy under the mid point of the bid offer spread, so they are likely to be buys, but if they are sells that would still make 5.75m buys so far and less then 3m sells. The fact of the matter is these are bargain basement placing prices!

Is picking up..... people finally waking up it would seem, or could it be that the tranche buyer is back like last time (when we went from 0.8 to over 2p in less then a month)

Or I could be completely wrong and those trades at just under 0.38 May have been sells?

Not 100% sure as I wasn’t running quotes this morning but those all look to be buys - except for 1 sell for 950k, but if I’m correct that would mean less then 1m sells and over 3.5m buys

Hi mate, good to hear mate. No longer have those login details after loosing my phone a while ago you see! Didn’t go all silent over there without a reason lol

Spary happy new year matey! Are CDL & WF still in here?