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All share prices on AIM have dropped big time over the last quarter, this being no exception. If this drops to 1.5p I will purchase a shed load and sit on it for next 1-2 years. No doubt the timing of the placing drove this down to 2p, they should have got this out the way earlier in the year at a higher price. Plenty of cash in bank and potential 10 bagger plus, just need sentiment to change and a few positive RNS.
SAR market capital £238m on positive "cytokine" covid 19 trials. MXC is targeting "cytokine" and market capital is £9m. Stephen Parker involved in both companies. Possible 10 bagger plus, initial results of Phase III expected next month.
Who knows what's going here, some large stakes being built recently to combined 21%, (take-over rumours etc) even after the sudden drop last Tuesday. If this goes belly up that's some loss.
Market cap £109m; has lots of potential upside from here one would assume. But this is AIM and the past 2 years have been a roller coaster. Its in a better place now and with Energy Waste Treatment Facilities in the pipeline brighter days ahead.
I read over on money expert website if the claim is successful a full refund on all the interest paid on the loan plus 8% per annum. That means basically taking out loan at minus interest rates and apparently 88% of claims are successful.
How much were the CB holders loan worth when issued? I know certain terms and conditions are always attached, but it is often the case a D4E swap takes place and often want 95% of the company, throwing crumbs to existing share holders. Then do a RI to raise capital.
Dean Clark, someone comment on who he is?
Before the WN preliminary results we were at 0.14. Roll on the "significant discovery" and possible positive outcome at Wressle and we've gained only 10% share value! This was talked as a multi bagger if all came good, more fool us. Why not complete the EWT and firm up the numbers, release the CPR, increase the SP and then do the raise?