The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Trying to figure out the cause of this rise. Are the thoughts that the funding issue is resolved or they have found a buyer for their 2 sites in gabon?
Thanks Jiffybag,
Tour timelines match with mine. At the 15 weeks we are looking at a decision to be accepted to the sandbox testing which would be around the end of May.
It’s this 100 percent rise from yesterday which surprised me since other than the news that the application assessment has been accepted for the panel discussion which is late… i don’t expect anything else for a while yet
Congrats to all who brought on this rise. I had purchased originally at the start of march and sold prior to the end of the 3 week deadline.
I am a bit perplexed by this rise. This must be a terrific short squeeze. Timelines wise, we should have had confirmation from the fca that the application had been eligible around the 14th of march. No rsn has been issued for this. Then it should be another 8-12 weeks panel review for a decision on acceptance on sandbox. So assuming confirmation was given around the 14th of march….we should be hearing from the panel at a minimum around the 9th of may. Not sure where we are in the process.
Having now had time to digest all the info last night. Definitely all the pieces are coming together although not a big fan of cln finance.
Trying to find further updates on NICE assessment for CYP2C19. The website had an final assessment report for due on the 20/2/2023. Cannot find any further details regarding progress in this. David budd mentioned that he expects the nice review in the next sixt months. Does anyone have any further info (realistic)on these timeframes?
This is what is wrong with these boards these days. Everyone has an agenda. Everyone is saying no placing…. What the hell are you on about??? Not wanting the stock to go down is one things. 2 million pounds of shares at 32p.. what is that… wait a minute it is a share placing. The rest of the 3 mil…mmm let me think, well that will be converted and keep the price down. … it’s a CLN. And riverford are some of the worst out there. Shame on you guys for trying to call this as a good thing.
And an out of hours rns on a friday… like that is a good thing??
I will be looking at investing when further clarity is given on fda. I wish you all the best with your investments
Am i missing something? Was going to invest with the positive comments around the licence and possible dealings.
Is this company pumping the price to allow the loan to be drawn down. Is that another £3,970,000 remaining?
Someone mentioned BMR….. and just realised….Just sold this when it came back as ken at a huge £75k loss (to finally realise the loss). This was my biggest loss ever when started trading and tough me a very valuable lesson (which i obviously still do)
And what do i do… buy back in at 1.24 because of the volume and graph. Much smaller amount this time around as a small punt. Cannot believe what i just did.
Still freaking curse the name Borrelli and that freaking thief which name cannot be spoken off.
I am a bit confused now with the timelines. MBO mentioned that the expected timeline for the merger exercise was the 31/12/2022 in their 19 october rns.
I should have read the news release for tete but didn’t until now. In their release on the 19/10 state that the transaction is expected to close in h1 2023. That is a bot of a discrepancy.
Did mbo just lie regarding the timelines in their rns??
@SeagullsFan
I am not trading this share like a lot of you, i am holding for better returns.
I started my first tranche at 3.18 and then purchased a lot more on the drop under 3p on the 07/9. Tried to accumulate more on the 21/9 but did not reach my order price and missed out by a fraction.
I just though we would be coming out of the trading range by now and moving up. I had started having seed of doubt this morning that something else is going on in the background which is why i posted.
Thank you for your replies. Although i haven’t posted at all, i do utilise this site a lot.
I am a holder and not looking to cause a drop although i have been toping up under 3p. I did start having doubts by this drop and might be overthinking it. Hope it’s just trading within it’s range and that this breaks through soon.
Wish all holders good luck:)
I like the company story etc… and i am invested in it but i don’t understand why this is going down as we move closer to spud. I was expecting it to bounce in a range towards spud but this has left me scratching my head. Today the multiple high volume sells has also surprised me in that surely that can no longer be churn from the raise done many months ago. Only a couple of things i can think of:
1) the mention of further opportunities has everyone spooked on a imminent cash call
2) cash call for the drill although i though they had about 8 mil. Is this not sufficient?
3) delay of drill
4) all of the above
Anyone got any thoughts or an ear of the murmurs going on in the city?
Wish i had known about the interview before toping up substantially. Seems every time a company does one of these, the stock collapses shortly after. Does this explain the mutiple 1m+ Shares that were sold apart from the current theory that these are shares being sold from the raise?