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SP up 12%. Is news about to land?
I am thinking that a trading Update may be tomorrow but very soon in any event:
The company are keen to provide one and
New accountants/auditors were engaged for the accounts/audit
Orders were very high in February/March as flagged up by the company and no doubt demand might of revamped up again.
All imho
Is someone or something hoovering up TRX shares in the background?
I suspect so.
Smacks that was £18m sterling not £22m . Enough I believe DDDD said to cover costs to August. Myrck were obliged to by in to the tune of. $5m
YB. Noted.
Annoying though that today more shares bought than sold and price drift S. Twould be nice to see this in the News or on a leaderboard if only to impart we at NFX are progressing in this New World pandemic
Details mate
Well and truly positioned. GO ODX.
Excellent News and progress. Act has got it together. Well done on further US Government injection
Nice post Bunco. Quite persuasive.
One cannot deny though that what this company needs is a move N in its share Price. It is languishing badly . People are tempted to swallow their losses, take bitter medicine and chase it back elsewhere.
They say that Shakespeare tended to introduce his best characters late in plays. Maybe Dan , in this Biopharma boom time is taking that tact.
Personally, I would like an Update. Sitting on a lot of shares and have been for a long time. JJW's point on the subject is well put
Stunned that TRX in short order and a UK company at that , landed the US money so quickly.It suggests inter alia that TRX is attractive to the US. The application would have shown cashflow and available capital. A glance (due diligence) would permit a view that all might expire without funding, or be diluted with funding. Yet money was rapidly found. I wonder where this might lead, and if boom time could happen quickly and without warning.
Serious Q. I hold here.
Is a Fund raise on the horizon?
I like the update. Revenues increased Husbandry enhanced by a 629000 dollar US injection that does not look like it needs to be repaid. (UK government take note thats how you do it). Money already received and runway cleared to 2nd week of July enabling clear heads to take best option forward.
SP will be favourably impacted. Super company with irons across UK, US & Germany. I wouldn't be suprised to see 2p shortly and perhaps a major US investment down the road.
MY thoughts. GLA