Member Info for shenners

Continue over the coming days with a potential breakout. I for one will be adding on any dips before the expected trading statement towards the end of Jan. This should be 20 mill mcap minimum

100k at 5. Seems strange as most buys are at 6.5

This n

In my opinion. One whiff of good news and this will explode, remember only circa 20% of shares in free float

Hi thanks for the message, sadly I can't read it as I'm not an premium Menber. ATB

Agree with you guys. This is the start of the long awaited re rate. We should be trading at m cap of 20 mill by Jan trading up-date. All looking very good and still very much under the radar, not much longer I think

I took a position here the other day. Plenty of news due in Jan with the anticipated ramp up in production. Directors have large holdings here so that also ticks box as does the small free float.

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Feels like a coiled spring here, i stick by my Mark Wood theory although I have no evidence to back this up

was awarded just over 10 mill shares as severance at the placing. It looks like he has been selling his holding and will soon be clear. Once he has finished and this could be anytime we are going to fly!!!!

We took a loan of circa 450k at the placing in November and expect we had 200k of cash at the time. I expect the business to now be in profit although these are usually weighted towards the last half on the financial year. So I would suggest 1 to 1.5 mill.

You are both wrong regarding cash and debt

5 mill of these. Check my posting history as I know this company inside out. We are heading to 2p and beyond in the coming weeks. About time!!

I feel another LDP VIR moment.

I agree with you Simon, much better than expected. I will take a detailed look later today but Reef standout with over 800k profit. Looking good here and way undervalued.

Interesting that they will take my entire holding at 0.68. I expect a background buyer has arrived.

Very strongly as they were only due their 500k in cash and 500k of shares on the basis of 1.8 mill plus of gross profit. I'm glad they have a decent holding here now and are clearly the Jewell in the crown. I have a sneaking feeling results might not be as dire as we think.

I think you will find they have already placed the full allocation of shares. I expect positive news to follow. Letting in a few on the cheap before the long awaited turnaround

Like you say the placing result will give an indication

What is your point? This is by no means bad news? Support again from our largest holder and debt paid off via the placing