Member Info for Sharpey

I just can't see why the Head of the Navy would go to a small company in Belfast if they weren't going to get a contract. Surely he's a very busy man so he wouldn't waste his time!

Yes I did think if the government announcement on Thursday doesn't mention Whitespace/Defence Holdings then I think we could get hammered!

Trying to break out of 2.35p. Once broken it'll 🚀🚀🚀

AI response

Defence Holdings PLC will receive a share of the revenue from the Whitespace MOD contracts.

Defence Holdings has a strategic partnership with Whitespace Global Limited which now operates under the single brand "Defence Technologies". Under this agreement, Defence Holdings invests in the initial AI capability builds and, upon the deployment of these applications to the UK Ministry of Defence (MOD), receives a revenue share and structured cost recovery.

The first classified MOD product build is already underway through this partnership, and it is described as a "commercially significant opportunity with long-term deployment potential".

MMs trying to hold this down by increasing the bid and not the ask. 5% is quite a small spread!

*recovering

Recoverying now though

Are being buying in now on expectation of good news on Thursday?

...20% on no news??!!!

SP flying now. Markets are supposed to reflect future growth. Just look at Tesla's PE ratio! This is ridiculously undervalued.

I agree swerington. I should have sold in September when Nick didn't keep his promise regarding announcing funding by then.

Thanks @miningforgold, very interesting!

So as Andrew explains, Defence Holdings is a company that will be used to raise private sector funds to build defence products so that when defence ministries have a budget agreed to purchase a product they can buy it off the shelf rather than have to get a budget agreed and then procure a product that has to be built from scratch. So that's why they've raised money via 300m warrants.

So if Ixian is going to get to first stage commercialisation in December then that means it will be ready to be sold off the shelf. But presumably the MoD, which has been involved in designing it, would need to get a budget agreed to buy it and then go through the procurement process, so it might be a while before we actually get any revenue.

Happy to be corrected if I've got anything wrong!

@Stocksandstuff - People posting on LSE DOES NOT MOVE ANY SHARE PRICE!!!

Yes you're right @40034427. I'm tempted to jump back in soon.

I've been seriously burnt on two stocks by not following the advice of British Bulls. I followed their advice on this and sold at 2.4p. You didn't and you're not sitting on shsres valued at 2p that I sold at 2.4p. They don't get it right all the time but if I'd followed their advice on this in the past and on two other stocks I'd have about three times what I've got now in my ISA.

I assume that's aimed at me @PrioryRoad

I'm always amazed that people think people posting on here can move a share price, even small caps. It's nonsense. There were signals this had hit a ceiling and it was picked up by British Bulls. Whatever I post can't change that.

Hit 1.95 now 2.

Please everyone check your optimism and confirmation bias. British Bulls called this as a sell at 2.38p on 5 Nov.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=MILA.L

anyone know what's going on with trades here? very low volumes, zeros and ones. my 500 buy about 30 mins ago still not posted. all very strange. **** up (probably) or conspiracy (mm manipulation).

That's not an official RAF account. It's an RAF enthusiast.

And it can keep falling as far as I'm concerned. I sold out at 2.4p with a 40% profit. I'm looking to buy back in at about 1.5p.