Member Info for Redhammy

You can still trade, but might have to do it in smaller numbers. This isn’t the most liquid stock at the best of times.

I think you are correct, although I’d swop the government for Scottish Enterprise who have already provided funding. They will surely not want to lose a business in a remote part of Scotland, as long as there is a viable business plan.

I can’t speak for anyone else, but I’m feeling pretty chilled and even bought a few more this morning.

Anyone that bought here not knowing the risks shouldn’t really have access to money. But, we will see.

There’s plenty people lurking around these boards that hope a company goes bust, jobs are lost and investors lose out. That’s really sad, but an excellent indication of where we are at as a society.

I think most holders are pretty chill, those that have held long enough have probably written off their investment. Those that are relatively new see the opportunity.

The only people who don’t seem very chilled are those that don’t hold any shares. All rather strange.

Which bit don’t you understand?

Funded until 27th November, but financing not expected to be completed by then, so a bridging loan required until that is done.

If it isn’t done, then it’s curtains.

I think it’s fairly straightforward.

Someone was on here saying this would be suspended yesterday at close of play, they were wrong.

The company require a bridging loan to survive. If they get that, then it would be safe to assume that whoever provides it is satisfied that the financing will happen.

If they don’t get the bridging loan, then it’s likely all over.

Every share on any of these free and anonymous bulletin boards is the same - holders of the shares defending, non holders attacking.

I think most holders would understand that this is a binary bet, falling from over £1.50 should be enough evidence of that.

But, it’s still in with a chance. With big risk comes big reward.

Not long until the tide goes out, then we’ll find out who’s been swimming naked.

Everyone knew it was a difficult situation, you and your associates have been very clear on that.

This is still a binary bet, but it’s still breathing. Secure a bridging loan and it’s game on. Whoever provides the money for that will need cast iron security that there’s a good chance of success.

I was clear when I said there’s still a chance, you have ignored that.

We will find out soon.

“Good progress on negotiations”

“Sufficient cash until 27th November”

“In discussions with funding partners to provide bridging loan until completion of financing”

“Further update expected next week”

So, not dead by any means. Obviously still precarious, but I’d expect a decent bounce on that back of this news.

I think anyone that paid £1+ would say it’s already down the drain.

Big risk, big reward

I’m still of the opinion that talks are ongoing and if it had come to nothing, we would have already been informed.

I agree with your assessment of being a 10 bagger, possibly more. Obviously, if it’s not good news, then it’s nothing.

Look at ENET, down and very nearly out & it went ballistic for days.

Must be a pretty tight ship regarding news leaking. It’s not often that someone doesn’t get a sniff of something before everyone else.

Absolutely no interest here at the moment, except a dribble of sells and the occasional buy.

There will surely be an update soon. Good luck, unless you’re a manky fox watching from the undergrowth.

I thought you would know the answer to that, you post more than anyone else on this share.

If you don’t, then try the RNS tab, any pertinent information will be there.

I’m thinking that if it was something negative, then the news would have been out either the 31st or 1st. Because it isn’t, I’m hopeful that they are dotting I’s & crossing T’s.

But, I’m a glass half full type.

You don’t KNOW that, you only HOPE that.

Very few trades today, but finished blue, when many predicted under a penny. Hopefully this is the bottom, and interest will build in anticipation of some good news.

I’m fairly sure “no business just promises” isn’t much use in any market.

Any more great advice MR Sugar?

Buys are not outstripping sells, I expect a tick down as the next move.

Are you deliberately trying to mislead or are you really just very stupid?

Sensible debate and keeping it real is fine by me. I think we all agree it beats spouting nonsense every 5 minutes and regularly posting the price - which we can all see.

All that does is keep sane people away from the board, where we might actually learn something useful.

The spread appears to have tightened to a more sensible level now too. This might mean a pullback in the headline price, but that doesn’t matter. I’m sure anyone with half a brain can tell what a sell or buy is, but I’m also sure a lot of people just look on the leaderboards and buy anything that’s going up.

Massive volume and already over 500,000 reported late. Lots of manipulation at play here, and a big spread to further muddy the waters.

It doesn’t really matter what prospects or history a share has these days, the trick is getting your entry and exit right. Good companies shares often don’t reflect true value, same as rubbish sometimes gets people excited and they make lots of money.

Good luck.