Member Info for saintpeter7

Very true Ezhik :-)

And that's why patience is an essential trait of an investor in AIM and small main market shares.

'Our search has narrowed to a handful of opportunities, where we believe that a transaction can be structured to give material value accretion for our shareholders. These projects have demonstrated viable potential to deliver either significant value addition through fulfilment of later-stage exploration programmes or balance large �blue-sky� resource potential with realisable near-term cash flow generation. Negotiations are already well underway on these projects and we hope that at least one of these opportunities can be Mila�s first acquisition.' The above is from the recent Annual Report. Interesting that they say that negotiations are underway on THESE projects. So we may be looking at not just the one acquisition in the next six months.

13 trades after 4 pm 12 buys and 1 sell - news is imminent - will it be as soon as tomorrow?

I meant to say 'don't know if the same seller of course'.

Don't know of course, but a second sale of 500K shares in two days has traded. Being bought up, but a drag on the SP. Strange time to sell when news is expected fairly soon.

and if they are suspended it will because an announcement is to be made of their first acquisition. So no problem as you know what will happen once suspension is lifted. Whoosh! To those thinking of buying do so now whilst mcap is still less than cash plus main market listing cost.

MILA still great value IMHO with mcap at £1.2m compared with cash of c. £920K and news of first acquisition close. Topped up this morning at 4.95p

Break resistance at 0.87 then on to 0.95. SP closed at 1.15 on day Luke joining the Bod was announced. So IMHO plenty of upside pre acquisition news.

First resistance at 350p. Break that then 360p.

Great start today with increasing volume, SP is building on yesterday's break out from consolidation

Good find babbler. Wow you were up early. Let's hope the SP continues its good break yesterday. GL.

I note the loan of £60K to AltEnergis is repayable on Friday or can be converted into equity if DRG choose to do so. Wonder which option DRG will take? Not long to know now and will Luke and Adam use the news to let us know whether there is an acquisition in the near future. SP could rise tomorrow before the news.

This is my possible 5 wave chart. I do not profess to be anything other than an amateur when it comes to charting, but here's hoping today was the start of the 5th wave target 600p. https://invst.ly/5b-3y Considering the sales figures that we may expect once all the brands and products are on the UK, European, US, Australasia, Far East and South Africa markets in Q1 2018, it does not seem to much a stretch of the imagination to reach 600p c. Jan 2018.

Very near future to quote MILA's Annual Report. Near future I suppose means about 2 months time? Very near future ? 1month's time Who knows precisely, but at least for many having waited a year (I first invested in January), they will at last get the return on their investment they deserve.

Managed to buy some more at 4.97 and 5.02 just before close following some profit-takers.

Free float 30% per http://www.4-traders.com/INNOVADERMA-36717976/company/

Seems we have break out at last folks. Back to 350p first.

Current mcap is now £1.28m cash held 930K so only 350K for full market listing only. Still great value on a deal being announced but take care when to buy to get the best deal. I have no idea whether we will have some short-term profit taking this afternoon or whether it will continue upwards.

Bid back up to 0.80 - that didn't last long!