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Company runs out of cash in 5 weeks time - it’s unaudited cash balance as at March 12th was £1.2m
Either Cheek has already lined this up to go private or he knows NICE news will change the landscape very soon and will take another two RF drawdowns to tide us over until the company gets FULL recommendation from NICE on July 10th. Sp surge followed by a placing and more dilution but…most importantly we still own shares in this company.
What’s it gonna be? Buyout, go private or survive to see another day? Or admin even? Don’t think we’ll see that.
So what do you make of the company stating in a social media message they’re excited to share more announcements in the coming weeks? Bs?
Ironically some of the idiots who were confidently predicting.2p (and even 400%!) on resumption of trading appear to have sold and legged it, whilst I decided to hold out until we hear from company, like summers.
Could be the typical AIM shower or a nice little surprise that makes up for my crypto stocks which are crashing. What a few weeks.
Well currently I’d say there’s almost no one left to fleece because hardly anyone held onto their shares and no one has any clue yet as to what they’d be investing in going forward so there’s no money to be had.
Only 9.55m shares so you know this is going to be a massive candidate for equity raises galore and huge dilution. Writing is already on the wall. Problem IPO at some point but that could be years off and by which time there will be 900m shares in issue and the sp at a tiny fraction of where it is now. AIM at its best.
Where is everyone? Parkez? mickey1122? Scmdyc? Janoz?
Anyone any sensible suggestions as to what is going on now? Placing shares all churned surely by now. Only one Tr1 (Dr Cooley) and silence from the company now that it’s up and trading again. They were far better with their comms when this was suspended. Either we’ve all been robbed or this is going to turn into a legendary AIM turnaround. Which?
So did I , and was dismayed one it became apparent the NICE EVA route actually slowed progress up in terms of getting AiHL to market.
Does seem as if CYP2C19 will be sold far more easily and quickly into several markets if Full Recommendation is published in July. Cheek I think must know it’s a green light or else he’d be taking the RF drawdowns to keep the show on the road. I think there is enough money to keep going for several months if RF provide further funds. Just won’t be very pretty for share holders expecting riches imminently.
Hope this works out well for you muminr. And everyone else invested. It’s ethically a wonderful stock to get behind. We just need another few thousand investors to pile in pronto.
No summers, this is fun to see idiots like you come up with such hilarious predictions regarding the future of this wonderful company. It's all set. Contracts galore. Revenue pouring in. Share price through the roof. I won't lose much but thanks to some of your idiotic posts some may lose more. Much more. Filter me by all means but your posts are a total waste of time thus far. All your positivity does is enable someone to buy in to a duff stock whilst you dump your shares for a small loss. How much lower must this fall before you admit you're out and it was a 'bad decision'?
I did once, when the sp was at .6 or .7p think this could tank all the way back to .3p. I know I was wrong by some margin but actually we're a lot closer to .3p now than so many who have repeatedly predicted 2p 5p and even 10p LOL
Seriously though, this sp action atm doesn't show any confidence in the BODs even short term, let alone mid or long term. If it's all that good and it's 'just a matter of time' then surely many would be using this as an opportunity to build up a decent stake in GST. They're not. Or at least someone is selling a whole shed load of a stake and by now I don't think it's just the placing shares being churned. Most of those will have been sold way above 1.05p. So who is dumping their load here?
Without a rally of sorts Bit NiCe news in July anyone has to admit this is not looking good.
In the short term I think Cheek will have no option but to take another RF drawdown and in which case the sp heads back to 3p again.
Nah summers, I’m just shaking my head at the temerity of more and more blatant lies from AIM CEOs. It’s getting so bad it might bring about the end of AIM altogether because it regularly borders on what is legal. Toothless FCA working hard to make sure iis don’t suffer too badly.
And into the .7s we go. How amazing what with all those buys n all
But please everyone rest assured the company said on social media - we cannotwait to share even more announcements with you in the coming weeks.
It’s all good then. More Directors appointed?
'A fool and his money are easily parted!!'
You said it dbh. With CPX we're currently in the same boat on that.
As for 'takeover at multiples of the current share price.' that's a good one. Let me guess, you think in the region of 1p per share? lol