Member Info for Sanboy

Could be Peel lowering their holdings on those rounded sells. Get them out and move up

San

Be careful... MMS showing buys as sells

San

And remember a tiny dilution

San

They are holding it waiting for any sells to come in. They have to move it to 3s soon

San

Orders coming in now

San

This is rubbish, im not getting a buy quote . Typical MM's making a fair market

San

Its pretty obvious. They drop the price drastically to accumulate shares to cover orders at open. This is a big buy signal based on my experience... Been doing this a while :)

San

3 trades. This needs much more volume if it wants to flip the momentum here. Just not enough interest unfortunately, be that new LTH or traders looking for a 10-20% profit.

San

On your point, I got barred from the group because i wanted to call an EGM to understand how they quantified the free shares allocated and who approved it in the committee. I asked why a member from the investment group doesnt have a seat on that committee to protect interests. Why didnt we have an option to vote on whether they should be allocated the free shares? I believe they were all fair questions, that were structured in a "non Tantrum" way. I was booted for that, so heyho

San

2024 Q1 - VLRM to set up trading vehicles and VLRM Markets to begin license applications for market places and exchanges. Did this get done

Gaviscon, an honest question, how much money do you think VLRM need in the next placing to get to early stage of the bridge?

I think they need £5m. I believe that they will need to go to funding partners for this, which will be a difficult conversation, because of the quantity they need and the sizeable ownership that James now has in the company (Including the low price warrants). Lets park that to 1 side and look at the dilution coming. A funding company will want to have a significant percentage cut from the SP at the time, including Warrants. I imagine those warrants will be priced at the director level so as to protect their interests. Most funding agreements have a 1 -1 warrant option so you have to double the dilution. I personally believe that, without knowing the current negotiations, the placing could be as low as 2p and warrants of 0.1p. Converting that to dilution level, you are talking 250,000,000 upwards of new shares. Current dilution is 110M without exercise of options according to LSE, so thats a potential of 360m shares without the exercise of options to the funding partner or the directors..Could be close to 1b shares before anything major is delivered in 2025/2026

As i said, the directors free shares and favourable rates have destroyed this share value. There is money to be had here, but at a significantly lower SP, which is probably why this share sees no volume on a daily basis

San

They have just done a placing?

San

Some heavy buying pressure here. Target still 0.012-0.014... Bought at 0.080 to 0.088. Definitely undervalued here

San

Gaviscon you do know i was one of the original members that set up the VLRM group right? Feel free to vent your anger at the wrong person. I am a trader and am slowly making back all the money i lost in this. I will trade this when the next placing decimates this. The director purchase only covered liabilities, so they will need much much more to move funding to cover development work.

Free shares for directors killed this share unfortunately and as mentioned i would strongly advise people research this company thoroughly before investing

San

I dont wish anybody back, just like i dont wish VLRM had this board. They are greedy and that has damaged the sentiment here

San

Complete reversal once they handed free shares to each other after i had numerous discussions with Pete around acceptable dilution level. He has filled his pockets on the back of LTH for delivering nothing. I was completelty wrong about this company and have to accept that. Money lost but im getting it back slowly ;)

San

San

Not sure people have understood that the placing completion is to cover liabilities based on the accounts posted out of market hours last week. They need a really big secondary placing to start to develop products. They are not fully funded and will require much more capital, which i think will be harder to achieve based on the sheer size of ownership James now holds. I was a big advocate of VLRM but thats been destroyed by this greedy board. As advice, i would strongly suggest people do research before investing here

San

Average now 0.086 :) . Hoping to reassess my position at target price of 0.012 - 0.014.

San

That is a huge risk to open up a short at this level, to hope that you can close that position in profit and buy back in cheaper. The Spread would kill your position straight away.

San

Yes but you have to create those shares first. Unless you are talking about shorting the stock, which is effectively borrowing shares to sell for profit against point drop? If thats what you meant then i hardly believe somebody is shorting a stock thats currently at its base rate and stable for a few quid for the risk of destroying your portfolio when you have to cover the call on any significant hike.

San

Also the rounded orders, which could be any forward selling of warrants are actually mainly buys based on the mid point at the time. The sells are PI based on the irregular numbering. Usually rounded sells are aligned to an algorathim that is working through a big sell order

San