Member Info for scubaz

Decided to join the party. Good luck all. 0.45/0.5 target

Fingers crossed :)

could well be similar bounce as CHAR from 4s to 11

yep did the same , already had a few previously (I had forgotten about them ) :)

3.5 no movement, worth watching

Bit of a damp squib so far :)

They had $30 million in cash end of December 2015. Does anyone know the monthly cash burn ? other costs?

12s yep 4x

Or 7s if you draw an upward channel. So flag and channel, fairly positive

Flag showing for next leg to 6p ?

Ouch, get your stops on ;)

Could be, circa 105 is another resistance point, recent rise could mean circa 120/130 is on the cards, if the suckers rally can keep going long enough :)

If it can get past that 9.5/10p area then there is a good chance of 18,24. If it cant and it dips back into the down trend then its 4p. upward trending since November. Worth watching

Downward trending but long term major support hits circa low 40s for a possible change in direction. Either way, low 40s to low 50s perhaps 55 for a short term trade. stop at 39

well played , news saved the day, from that 1.2 support it needs to break 1.7 for potential mid 3s (with 2.5 in between)

lol most Aim stocks are dogs,TRT is much more of a dog, degrees of I suppose, unless you mean a hot dog :)

Cheers, 0.7/0.8p as a worst case scenario, although with the spread that might mean 0.8/0.9p as a target, if it doesnt move from 1.1/1.2

I would say the £0.5 million cash has already gone, so that leaves the recent placing £2.5 million to pay for everything else including yearly overheads of £2.4 million . We need Jolly Speculator to have a look

At 30 June 2015, the Group had net assets of £ 3.3 million and a positive cash balance of £ 0.5 million. The Group meets its day to day working capital requirements through existing cash reserves and does not currently have an overdraft facility. The Directors have prepared cash flow forecasts for the period to 31 December 2016. These forecasts indicate that the Group will continue to be able to operate within its current cash resources for the foreseeable future and reflects the June and July 2015 fundraising which introduced new funds net of fees £2.5m into the company.

The results for the year ended 30 June 2015 show a loss of £3,120,000 (30 June 2014: £1,036,000 loss). The Directors do not recommend the payment of a dividend (30 June 2014: £nil)