Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I didn't expect this outcome at all! I thought that the fight with Illumina would take different forms and go on and on but this clears the decks and proves that NIPT have something that Illumina wants/needs to share. Hopefully some follow up RNS's will confirm true traction for NIPT in this country and in Europe which will be great to add to what is being achieved outside Europe. The recent 3 fold SP increase simply reflects the litigation ending and so should be followed by at least a further doubling of the SP to get us back to 30p+, which is where we have been before but we weren't then in anything like the great shape we are now in. Just need increasing repeat revenue to drive exponential profit growth and then the sky's the limit. Great for UK science.
wake me up when we hit 6p
The timing of this RNS is troubling - is bad news coming on the flow test so they have thrown in some "good" news in the meantime. I've been let down by these guys before and I fear that history may be about to repeat itself. DYOR and good luck.
Sorry to see this outcome and very sorry for all who are now having to worry about losing their investment but ever since Rick was put in charge the company was going nowhere. The Swedes haven't covered themselves in glory either - they seem to have been unable to crack heads together or get rid of Rick. With positive cashflow and a strongly rising oil price there should have been a good opportunity to properly renegotiate the loan but it wasn't taken. Instead the bank will take everything and shareholders will be left with nothing. I do hope however that something can be salvaged for shareholders but it is looking bleak. Sorry once again for all affected. I lost a lot of money selling out many months ago but with some small satisfaction that I saw the writing on the wall.
Oh no. Not what we hoped for at all. Our legal advice must be questioned. Appeals cost even more money. Damages could cripple the company. I've lost a small fortune but am glad to have got out while I still can. Good luck to all who remain and I sincerely hope there will be a recovery.
Agreed Dibs. The lack of news from the company suggests they are working something up behind the scenes...over at CERP a placing there saw the SP rise to nearly 50% above the placing price so it can be done (although its only 20% up now!)...ATB to you too.
Still no news from the company about the government reforms but another big rise today - something on its way in the morning perhaps? I sold up last week, needed the funds, regret it now but had no choice. May get back in on any dip from here but slightly concerned that a placing may be coming - they have been surviving on Directors loans so they will want paying back. Still no interest form the herd who have missed the 100% rerate already achieved. GLA.
Nice - just been quoted 11.44p to sell!
Live SP 11.425p and rising. I share your near term target of 15p and expect us to hit that next week on confirmation by ASH that the Government's revised proposals will be very positive for us.
Further progress. Rerate well and truly underway. Come on the teens!!
So far so good. SP of 5.88p last week, closed at 10.5p today and it has risen only on rumours and speculation without ASH having confirmed just how positive the Government's U turn will be for us. My view now is that if we can keep rising without a RNS then don't issue one until next week?! We should be at 15p by then.
And smashed!! 10.45p hit. I can now see this getting beyond the mid-teens when the RNS comes, as I suspect it will be very, very upbeat with a view to setting a new base for the SP and giving the BoD some financing options.
Make that 9.85p - come on ASH you can do it...
Nearly there - 9.75p. Nice steady rise awaiting the next RNS...
Current SP 9.25p. Looking good.
Another nice rise ahead of the expected RNS which should cement a further rise to the teens.
Expecting great RNS 7am in the morning once ASH has digested the report. There will be an opportunity to buy in the first 10 minutes of trading before the herd wakes up to the news and the SP surges north. In the meantime here are some soundbites in response to today's Government report: �This is why we are giving the supported housing sector the certainty of funding they need to get building new homes. �These reforms will deliver quality and value for money, funding certainty for the sector and give local areas a greater role in commissioning services.� The minister for family support, housing and child maintenance Caroline Dinenage said: �We value the important role supported housing plays and that�s why we have worked closely with providers and listened to their feedback to come up with solutions that will safeguard its future and improve support for those that need a home that is safe and secure. �The new flexible funding model and reforms will give housing providers certainty over future funding and drive up quality and provide value for money.�
Here's the details... https://www.localgov.co.uk/Whitehall-announces-flexible-funding-for-supported-housing--/44118
Get in quick - looking very good - the Government has shown clear support for the sector in an announcement 30 minutes ago. Expect fireworks here in the morning once RNS published.
Live SP up 14% at 7.2p - just the start of the re-rate off the back of the PM's news.