Member Info for Richard08

Interesting to read this bit in the release…

This project was included in the Company's Advanced category in its most recent disclosed commercial opportunity pipeline and has now progressed to the Base category following this development.

Has some lucky pre-existing customer just had their project helped along? Be interesting to see who it is in time.

SANFORD DELAND ASSET MANAGEMENT LTD increase their stake of Bioventix in their ‘Buffetology’ fund. Talk about confidence in a stock.

Lots of good progress there - the company continues to perform well.

Apologies, you are of course correct RareEarther. That’s what you get for skim reading… why aren’t they posting anything on here anymore?

Let’s hope for more information soon. There are clearly interested parties out there still looking to finance this.

Doesn’t say much… the title is encouraging but not a lot new inside.

Interesting stats there Hogsnipe. It also demonstrates how a small number of trades can so drastically affect the share price. The company haven't posted an investor meet opportunity for the results have they? They did one last year. It will be interesting to be a part of that when it comes out.

To be optimistic, the flipside is also true. ANY good news would prompt a buying frenzy that would push the sp back up with a similarly small number of buys vs sells.

There is a possibility that Pensana could fail completely and go to zero: there is for all early-stage projects of this nature. But I'm also reminded of Buffet's saying: "The stock market is a device for transferring money from the impatient to the patient." Because ultimately those 6mill shares that were dumped yesterday were all bought by someone else. Are they hopelessly optimistic and merely being more patient than their fellow investors? Time will tell. Not too much time either I would guess from the press release, which strangely didn't get RNSd on here - anyone know why? I would think we'll know more before the end of April. Fingers crossed it's good news, as I was one of the hopeless optimists/patient investors buying yesterday!

Definitely off to the races today… like a coiled spring!

Cheers, will have a go at typing it in later :)

Thanks for that InTooDeep. Very encouraging!

Just wondering, how do you join the Telegram group? I have the app for other shares but cannot find PXC for love nor money!

TIA

Agreed MattTheBrave. This appears to be a quiet board but this is a reassuringly expensive stock which continues to hike it's dividend by a good amount and pay regularly. No reason to sell at all. Maybe it's a 'boring' stock in some eyes? I don't know. But a 20% hike in the divi is well worth sticking around for!

They have some interesting notes on their website for TRX. The latest tells us that there was a $0.45M provision in the accounts, without which H2 would have seen a profit of $0.4M. There are the usual growth predictions (all of which look good) and projections for each section of the business.

Certainly it’s better to get a loan agreement in place as a just-in-case rather than leave it to the point where you’re desperate. And if they’ve have a loan with them before then maybe better the devil you know.

Predictably the market has given this it’s usual short term over-reaction!

Good to hear the bonds are ticking along and will hopefully be finalised soon.

Bad news about the Riverfort loan. They don’t have a good reputation… hopefully this will prove to be a tiding over facility and paid back asap!

Agreed. Can't offer much of a reason or solace but I for one am averaging down in this one. It seems about as 'safe' as anything and now has an 8% yield.

Agreed pokerchips. There were less than a hundred trades today, some of them for £2! There is a certain respectability in having a share price over 1p and something less than 7 billion shares which makes them this cheap. It’s something of an intangible aspect but I can imagine it looks better to the institutional investor. It may also reduce the damage to the sp through tiny trades going through. It is a side issue really though. The growing financial strength of the company is far more important longer term.

26% increase in revenue for only a 18% increase in cost of sales.
Overall loss halved from 2021. And this had already halved from 2020.
Still holding 10mill in inventory so plenty to sell down as post-covid recovery in elective surgery continues.
Company is a much stronger genuine going concern now.

interesting to hear (at about 6.56 in the video) Danny refers to two new products that are yet to launch.

Well nothing immediately terrifying in there. There is the hope that now China has reopened growth should resume but we shall see.

Profitably, sustainable and cash generative. What more do you want? It’s about time mind you, but better late than never!

Growth, promise of more growth, extending product lines and goodness knows what else. I think Jonathan sums it up best:

A combination of the team that we have in place; the products we currently have and the pipeline of new products we are developing; the commercial relationships we have and the distribution base that we have established all give the Board optimism about the future, both short and long term, for the Company. We believe that we are extremely well positioned to take advantage of the opportunities in front of us and to create a profitable, sustainable, cash generative company for shareholders.