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morning all, words can’t really express my shock and disappointment at this news. i called the ib office yesterday and spoke to mike (?) who seems really nice and says he is just ploughing on with the science. he stated he had very little knowledge of “the finances, or what happens in london, or with iqai”, seemed to genuinely not know the share price had fallen recently.
anyhow, we need to report this to the fca, it’s what they are there for. trevor edward “**********” brown can’t be allowed to get away with this blatant market manipulation and abuse of the rns system. so please please please if you are annoyed and ****ed off fill in the form here, if enough of us make a report something will be done. if something truly illegal is found to have happened i wonder if there is a case for the fscs to get us some money back, who knows. but if we don’t report this nothing will happen…
https://www.fca.org.uk/market-abuse-reporting-form
with love
if it’s a plan it’s working.
tb and his stupid books can go rot in hell. the company in which i held so much confidence has ****ed up in a serious way. to think i sold my nvida shares for this pile of crap back in 2017.
****ed off disappointed and broke. great
Maybe because they have no idea of its existence? Lack of RNS content etc
Maybe as its CEO is playing silly buggers with his CLNs and seemingly swapping shares with another entity he owns in order to manipulate the share price?
Maybe they love the tech but think the company is being badly run and thus they can get the tech elsewhere?
Many questions. Very few answers. I’ll be contacting the FCA tomorrow with a suspicious activity report. Another 5.7% drop today really not on in light of good news…
Do you think it’s worth telling DV that we are considering calling the FCA? Might that get a response?
As I see itFAB and TB have been selling shares to each other in quantities large enough to push the price lower. Does this seem about right? I would hope at some point they will buy a whole load of them, ideally at the bottom of the market release a glowing RNS the following day and then be very rich…
I really think it’s worth flagging this activity up to the FCA. I can’t think it can harm the sp much more and it definitely feels like something awry is going on with 2 major holders essentially, yet only potentially, selling shares between themselves to artificially lower the sp. I’m sure this is illegal.
It’s not going to help us poor (now much poorer) long term holders but it’s got to be flagged. It’s gone to far.
We also have to think about the reverse…
The company has lots of great things going for it but what is holding the mcap down? Terrible comms, unusual cln arrangements, how big is the market for, fortunately, quite a niche disease, are these guys organised well enough to get a sale over the line etc
Ok, going to walk is not only a little dramatic but, hopefully quite unrealistic but I’m just really extremely disappointed with sp over the last week and I can’t understand it.
That’s the real issue, the lack of any clarity or direction from the board. The RNS’s and even the newsletter are generally all good news yet share price is a crock of ….
Trek your optimism really is keeping us going here. I guess you could argue this is the January sale, 30% off! Wu
Yup. I hate to deramp in a public space but this really is not the 10p by the end of January I was hoping for.
The shareholders letter RNS really needs to come soon. It really felt there was a lot of good news coming. Now I’m scared our illustrious leader is simply going to walk!
2 million shares sold?
This is starting to smell pretty bad. Surely if it’s a director deal this should be announced. Otherwise who would/could own that many.
Between us we must hold quite a lot… enough to create some sort of revolt?
Looking back on the daily bars throughout September 2021 there was a lot of volatility.
Sp went from 7p to 4p in just a few days then we had a huge push up to the 20’s before tumbling down again.
Thing that is missing is volume. Either we need the market to take notice of our tiny little company or a big fish to come in and buy the whole lot.
Trek your optimism is heroic, let’s hope it’s not misguided!