Member Info for RyeSloan

Was a top ten holding on his income focus fund. Good to see the SP hold up so well with such a large player exiting, seen plenty of other companies struggle when a large II starts to dump. That to me suggests there has been a willing buyer so .I wonder where the shares have ended up?

BCN Lith is the re-domiciled name of BCN Min. In other words it’s listed on LSE as BCN Lith so that’s the one you want to put on your list...or save the effort and just buy some ;-)

The excercised warrants still create dilution...these are new shares that have been issued, and at prices 20% and below current SP. Anyway I’m more interested in where the 136m shares they sold went to...surely a TR1 will appear for them shortly?

It may well be Miton (or maybe Herald if they are still around) but it won't be to meet redemptions as both of them are Investment Trusts. Ergo it will be an investment decision not a forced decision due to outflows as there is no such thing for Inv Trusts. Effect is the same for VRS SP though, a ready supply of shares into the market depressing the price, which of course prompts the PI to start selling which depresses the price further....

Looks like a bit of a mugging for Halo. Its early so maybe I misread their accounts but it looks like they racked up $150m in losses during their time developing and selling their filtration cartridges and tech. Getting over 30 patents and the new Astrea product for £1m looks a sound piece of business for Strix.

Ahh sheesh yeah...I see the rules changed about 5 years ago! Back to school for me ;-)

Just for awareness it’s worth pointing out that the Takeover Code may well not apply to DCTA. In fact as the company is not managed out of the UK it’s very possible it wouldn’t be.

Ahh exciting times and some quality speculation from Trek and Babbler. FWIW I’m minded to agree. He clearly sees DCTA as having tech and IP that he can leverage into his other ventures. A kind of vertical integration model if you wish. His large holding clearly gives significant influence and could result in a bit of a pivot in strategy to support his needs more directly. Either way it’s surely not a bad thing to have a multi billionaire owning a large chunk of your business and looking to use its expertise to advance his cutting edge technology developments!!

Ha ha top sleuthing Trek! I think your early investors theory is a good one...quite why they have all sold up to Soon-Shiong at the same tine is another matter of course but it’s certainly rather curious that’s for sure! I wonder if the company will RNS a top holders release to provide some extra colour? Anyway the colour I’m interested in is Gray and I hope we hear something re progress there soon...I like this share a lot as I’m convinced it has a huge upside...I’m just starting to get a bit bored waiting ;-)

That’s the sales...who bought them though? Surely another holdings RNS to come. Maybe it’s just house keeping with the 3 players moving their shares into a different vehicle?

That’s how I read it as well Nig. RNS states ‘additional’ in terms of what the contract has asked for. Then states the £3m revenue figure which was helped hugely by the first deal will be earned by June and then states company year 2020 also now has £3m revenue expected. I read that as this extended contract delivering most of that 2020 figure in second half of calendar year 2019 (as the deal today will deliver all revenue within 2019). So a doubling of under contract revenue expectations and an extension of the products to be developed and delivered to our mystery (*cough* Apple *cough*) US partner. Great news and significantly underpins the forward looking projections.

Relocation costs were estimated at £15m in the interims. A pretty hefty cost but you would hope that process efficiencies etc would be baked into the move. So far so good with KETL. A business that throws of lots of cash which is being used to rapidly reduce its debt load and pay a healthy div while at the same time investing in new product lines. I expect the factory move will hit the rate of debt reduction in the short term and it’s a bit of a classic Skelton in the cupboard thing from a reasonably recent floated company but none the less I bought this as a steady as she goes compounder and so far that seems to be the case...

I like the area where this company is working in but their cash burn put me off previously. Thank goodness for that when you look at the SP action! I'm still tracking though but still the cash burn is a huge concern. £13m or whatever the first 6 months of 2018...with £10m in the bank. We can then assume that cash is long gone. So the question is will the £15m raised recently (at huge dilution) be enough....without any real steer from the BoD on how much they have brought down the burn it's impossible to tell. Revenue is still tiny compared to the burn rates so this is mega speculative still....

Anyone remember Investor111 this morning suggesting the SP would go to 1p?

So far so good with that theory Thumbs! Nice rise today so far...

More than a market cap of £20 million or so I would suggest...

Taking the order book called out at the finals and this award then revenue for the year already slated to be higher than last year with the majority of the period still to come. Top news that might, finally, get the SP moving up...

Display looked like the big story here but clearly there has been delay after delay and now Inthink it’s clear that the dot performance is not what was hoped and more work is required. To me though the RNS today shows a real pivot. Display is no longer the front runner and our tie up with the US firm, the production facilities due to come on stream shortly and the potential revenue from that paterniship is the route forward. Things change and the story at Nano has changed. Sure that might mean a reassessment of the investment case but a delay in displays and a focus on our US partners needs may actually turn out to be no bad thing

Some report last trade (google), some bid, offer or mid, some are delayed (LSE 15 mins I think) hence the variation.

Anyone able to explain why stamp duty is charged when buying EQT shares? I get the fact it’s irish domiciles but with AIM and ESM both having stamp exemptions I’m struggling to understand why stamp is still suffered when trading EQT.