Member Info for Rebs438

That is why they used the word 'potential' 🙄

Based on technical analysis the stock is now oversold on the hourly.

starting it's move back up.

Level 2 picking up

Mm masterclass in shaking out the weak.

Fallen too far. should ride back up now imo

steady

According to our resident clown Sangijuelas...

"...it's really sad that they have to market shares to retail investors as their base because the wider market is not interested."

I guess that must make Global Frontier a retail investor - they increased their holdings to 6% literally in the last 48 hours.

What a clown!

And debt free!

Let's assume the SP stays at 19p. The company pay out 40m (12p) as indicated. The SP would drop to 7p to reflect the divi payout.

At 7p with 324m shares in issue, the new mcap would be £22m DESPITE the company retaining £20m in cash from the settlement PLUS £8m cash already in hand (£28m total).

Again absolutely no value being given to the business whatsoever!!

Whichever way you look at it - the SP has to go up from here.

Conveniently there's a gap to fill at 34p. 👀

All this talk of the divi making no difference makes no sense whatsoever.

Simple maths:

There are total 324,420,0000 shares in issue.

At 20p per share the company is valued at c.£64m

When the settlement of £59m is paid to Nano within the next 3-4 weeks, the company will have a cash balance of £67m (£8m already existing) - with no enterprise value for the business.

In fact the market capitalisation will be £3m BELOW cash.

One has to therefore conclude that there must be some upside to the current SP, hence why investors taking positions this week in the lead up to the payment.

Volume picking up

Researcher.

At 8.25am yesterday you posted:

Yep, sold £32K of profit at 17.51 (bought at 9.2p)

Somehow that's been revised to £250k.

If anyone believes you on this board, I would pity them.

Companies don't use the word 'breakthrough' lightly.

MMs collecting shares from the weak ready for next week's assault back to 30p.

Will happily buy plenty more first thing Monday if it tests 20-22.

RENE next big mover.

Only just started.

Mcap is half of cash.

Edison's research note revises target price to 52p

Director buys at 10p a few months ago.

No stock available to buy at 4p

Zero stock available to buy?!

Tight spread - but nt to buy over £1k

bid has moved up

5m = cash

2m = mcap

Ask rising steadily

It was NT to buy anything over £1k into the close.

Positive

And still barely £3m mcap. Could treble and still be cheap.