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spikeup, thanks!
SeaHawk... "Come on Reso institutional investors don’t invest in penny shares, you know that."
Really? Not all penny shares, but you maybe interested to learn:-
Blue Chip investment management, pension and insurance funds dominate the list of top 30 investors in London's AIM but the overall market consists of 44% institutional investors and 56% retail investors.
… and as for "Ignore Reso he is a complete ass at the best of times."
Caught a nerve by any chance? Something to do with being right on 'AST' for the past four years, whilst you got it so wrong.
A typicaly flippant response from you, followed by an attempt to discredit. Was it really called for?
I only posed a question... you need to do more research.
… why no institutional investors?
Top 19, all nominee accounts and at number 20, one private investor, a Greek national with 40+ million shares, a former director of a dissolved company registered in the UK.
Maybe he knows something the institutions don't... or just another big 'AIM' gambler?
(maidit308)
"buy at 0.52p. a 15% drop from that level should have been a wake up call to get out watch and wait
like everyone else for a lower entry"
Beware... this guy has been pedalling this pile of cr4p for the last year. Never before seen him state a 15% drop to be a wake up call... on the contrary. His advice on every drop has been a top up opportunity. The amount of top ups he claims to have made, surely must be almost there for a hostile takeover.
Paid ramper for the 'BoD' is my guess... am I correct 'Livup967'? No one can post that much garbage for free. It's embarrassing to read.
... should shareholders just forget or dismiss the possible 'Fake News', after they bought in on the ( RNS'd ) contract promises, including the £1,000.000 one:-
RNS Number : 8487A
WideCells Group PLC
03 June 2019
WideCells Group PLC ("WideCells" or the "Company")
New Engagement for Iconic Labs
"WideCells is pleased to announce that its Iconic Labs new media business has agreed in principle and commenced work on a consulting and marketing services engagement with a UK based financial services business. This engagement is on a long-term retainer basis, with initial revenues over the first year expected to exceed £1 million, with the potential for material increases.
Executive Chairman, David Sefton, said: "I am delighted that the Iconic Labs team has been able to secure such a significant engagement at this early stage. Not only is the project an interesting one, which will enable the team to fully utilise their skills and experience to transform the customer acquisition and interaction for the client, but from a Company perspective, an engagement worth in excess of £1 million will bring financial stability. The importance of this cannot be underestimated."
RNS Number : 2096P
Iconic Labs PLC
09 October 2019
What is the status of the £1 million contract?
"The Board is finalising the exact payment details and is confident this will be concluded in the near term; the team has already started to initiate the plan in anticipation of its finalisation. Although finalising a contract of this size can typically take considerable time, the management share the frustration with Shareholders about the length of time this has taken and will continue to use their best endeavours to get it signed as soon as possible."
Had to double check my calender... though it was April fools day!
Iconic Labs launches fact checking service to counter coronavirus misinformation
The service, Infotagion, is backed by a cross party group of current and former parliamentarians, members of the House of Lords as well as campaigners, academics and celebrities
Iconic Labs PLC - Iconic Labs launches fact checking service to counter coronavirus misinformation
Iconic Labs PLC (LON:ICON) has launched Infotagion: Covid-19, an online and social media fact checking service to counter misinformation about the coronavirus pandemic.
The media firm said the service, launched in partnership with Digital, Culture, Media and Sport select committee chair Damian Collins MP, will be provided on a not for profit basis with the aim of combating fake news around the virus which it said can cause “misinformation, and panic and potentially cause governments and health services to divert resources away from where they are needed most”.
READ: Iconic Labs' GSN picks up another content deal
The service is also backed by a cross-party group of current and former parliamentarians, members of the House of Lords and a range of campaigners, academics and celebrities from across the world, the company said in a statement.
Iconic said information submitted to the site will be checked by a team organised by Collins, including academic experts in disinformation as well as public health information from sources such as the UK parliament, governments and the World Health Organisation (WHO).
The website then gives ‘traffic light answers’ as to whether the information is correct, and provides links to trusted information sources, such as WHO or government websites, and, in some cases, a short explanation.
Iconic added that it will use its “extensive contacts within both the media and social media industry and among the influencer community” to promote the site as a source of accurate information.
"At a time where people are being able to volunteer to help where they can, we are delighted to be able to use our skills and contacts where they will be most useful. For Infotagion to have received such widespread support and backing so quickly is really encouraging and hopefully it will be able to help the authorities and the public at this challenging time", said Iconic chief executive, John Quinlan.
'Fact checking service'. I've read enough... they should try that out on themselves first. That's worth another Lol.
… and there you have it 'maidit308'. I hope you can now see the justification for my predicted 0.015p valuation. That's before any further dilution.
"i got my golden ticket, front row seat..
strap yourself in for lift off
308.."
Think you'll have to resign yourself to a golden shower and strap-on. Lol
maidit?..."is it because we are coming back to Market with less shares than we had before suspension"
Everyone is entitled to their own opinion. But it's also how we peruse and dissect the information availed to us that differs.
My analysis brings me to the conclusion that tomorrows opening will see this at 3 Billion+ issued shares. Comprising of the 1.6 Billion+ that was known, added to ( those previously not submitted to the FCA ) the 1.4 Billion+ disclosed in Fridays RNS.
I'm certainly not prematurely strapping myself in for anything... and we'll see who can 'Lol' tomorrow.
… this is going lower ( dilution or bust ).
Some will try to back a non starter at the races, even after it's been announced.
RNS Number : 3987H
GCM Resources PLC
25 March 2020
"Over the next six months, the Company will seek new investment to strengthen GCM's financial position and provide future funding. Until such time, there remains a material uncertainty which may cast doubt as to the Group's ability to continue as a going concern. The directors remain confident that sufficient funding will be obtained as and when required."
efy, a hard pill to swallow ( I know )... if you can take it as a 'valuable' lesson learned, you should do okay. I've been there too ( many years ago ). The fear of missing out takes some mastering.
One thing to remember with entry points when 'gambling' on 'AIM' listed companies, it's most often to early yet seldom to late.
Don't forget, CH bought 300,00 at 1.73p back in 2017 for £5,190.00 Now worth a massive £79.50
Do you think it will worry him?
Not at all, his bonuses covered it 100 times over ( apart from salary ). it was a gesture to pull in more mug punters. D'oh!
In my book, a personal contribution under six figures from a director of an 'AIM' listed company, should be considered as nothing but a ruse.
Gary,
"Well, if he makes money, so do you (or less of a loss)."
So my advice would be, don't buy until it hits 2.0p … that way you've 2.5 bagged on AD's break even.
As I've stated many times before:-
" In this game, it's most often to early, yet seldom to late."