Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
There are 36,000 MRI scanners in the world if this software made it into just 1% of them and was £1000 per month (£30 per day) which is around 10% 0f what they currently charge, this would be over £4.2m per annum.
At a PE of 10 which is low for the sector we have a share price of over 20p. The figures for IQAI'S software becoming an industry standard and supplied with the 2500 MRI's produced each year at a higher rent are staggering.
Whilst hugely important for the participants in the trial and I hope the outcomes are excellent, my investment in this company was for the software.
This as far as I am concerned is an interesting side project and I patiently await the take up of our ground breaking MRI solutions.
Steady sales and revenue increases will be the catalyst for any re-rate.
They were giving away shares at 0.81 for 200k and wanted 0.84 for 400k so bought two lots instead.
Weird market making
Also 800k goes to NT so the placees are keen to hold it seems
Many thanks to all providing the in depth info for us to read.
Hi TL
The problem they would have is the volume would rapidly push the price up into the teens especially when coupled with FOMO from the existing small shareholders and stock watchers. over 12m shares is a large purchase for a relatively illiquid share but they do have the set price to take if they choose.
Hi TL
Would it not be more prudent to set a slightly higher sell order. takeovers can come out of the blue and would be cheap even in the mid teens.
You would be sold at 12p irrespective of what price was achieved.
may not be an AIM share but it does a cracking impression of being one sometimes.
Confident in my investment and will hold like Nolupus for the next few years as AI is definitely the future and the clinical trial is hopefully the cherry on top especially for the unfortunate patients it may help.
Hi Mister.E
My allocation was done and credited by A J Bell on Wednesday.
I received my due allotment 320k and a further 1.1m out of the 4m I applied for so a little over 25%.
Still waiting for my IG as they use a third party and there is a 2-3 day lag in the credit of the shares so probably Monday.
Hi all
looks like its around 28% of what you asked for in addition to the allocation.
it is in my A J Bell account now but IG are a bit slow, happy with that but still feel it could have been a larger allocation for the existing shareholders.
expectation will begin to move this share up as it does with almost all shares.
News will be required to keep it there and maintain momentum. It could easily be argued that pairing with some of the best cancer units in the US and being on the verge of an orphan drug trial is already enough to see some upward shift in the share price.