Member Info for Rhambo

Can't see it... This has returned to near the same level as pre profit warning. There have been no material contract updates and the outcome of the 'strategic review' (aka we're up **** creek and don't know why) has been held to the last promised moment. Assuming no material turn around (and there us no evidence to suggest there has been) this 'ought' to crater tomorrow. Imo.

....below!

Looks like directors think this has gone too high by the looks of this morning's RNS ;) If only this were shortable.

No I mean doing fundraisers and burning cash. 3m operating cashburn so nothing to do with strategic investing at all. Also throw in a wide revene recognition policy and you have a pump which inevitably ends in revenue and goodwill write downs and further fundraisers/death spirals.

No one wondering how a company that claims revenue increased by 133% still manages to burn cash and widens its Adjusted EBITDA loss?

.. also potential vote of no confidence in RSA parliament next week.

is calling everyone racist now, he must be getting desperate...

@Dabba The mistake you are making is that you think bond holders will behave like investors. They will not, they are lenders, they going to get their money back about 4.5p and some, 5.5p is a gift. They will sell into any strength to get their money back, that's just the way it is.

Given 20% hike, I presume some bondholders will offload on Monday to start getting their cash back. There is going to be an enormous overhang on this stock for the foreseeable.

Well it's like we're using two different companies, I definitely can't short this. Not that i wanted to but interest was peaked when you said you could. Have gone long here, sales growth is nuts....

Isn't that because you have long positions though? Presumably you couldn't do a sell order for higher amount than your long one? Tried what you did, still unshortable

... Also might have been borrowable when you did your position but now no longer is...

Farmer... Yes tried all that today but says cannot deal due to underlying restrictions in the market, which I believe is tied in to being 'un borrowable' ie IG can't get a borrow themselves to offer me a market on. Will double check tomorrow but fairly sure it is telling me its unshortable... Would love you to be right because in that case I've been missing out on tons of cracking shorts...

I do have SB account with IG ... No problem to buy at all but shorting is definitely not possible, unless they like you more than they like me.

Shows as unborrowable for me on IG.

which provider did you use to SB short this?

Bought today at 192. The Bears are still having fun today but I would imagine they won't he around too long. All this over one cabinet member, it really does look rather extreme and I can see this going North of 210 again once the politics calms down.

Q1 update Thursday. I'm long here for that, looks like it has turned itself round with +ve cashflow and divi payments in a tough environment.... I expect Q1 to reflect further progress in that regard with an increase in production.

How does this company have 100m trade receivables?! What is going on, would be pretty good if it could get its debtors to pay up? Can someone advise?

Probably would buy and let it run a couple of days tbh, it's going to bounce 5%+ at some point next week (not necessarily all at once).