JD advised he was going to give everybody a Christmas present but many people didn't believe him. Sadly looking at the board today a few long term holders sold out yesterday and missed his present. If you believe in a company then just sit on your hands and stop chasing a few pounds as in the long term it definitely won't be worth it. My strategy for what it's worth is when I make 100% on a stock I sell my initial stake and then I'm on a free roll and then can re-invest that stake into another company in my portfolio or expand my portfolio.
Can't believe some long term holders sold out yesterday who use to be so positive up until then. I totally agree that the CEO has a lot to learn and needs to brush up on his communication skills because crashing the share price 1 day and releasing a very positive RNS the next doesn't give shareholders must faith. I have faith in the company though and believe a couple of years down the line Bids will be a monster and could well be by the end of next year. Don't cut your nose off to spite your face as I have a feeling big Contracts will be rolling in within the next 6-12 months. If you believe in the company then buy, hold and sit on your hands. Investing is 10% buying, 10% selling and 80% doing nothing. Good luck to all genuine long term investors and will look forward to reading genuine people's posts over the next couple of years.
It's good that another country has access to buying and selling shares but today the fundamentals of the business haven't changed.
Unfortunately this will be back at 1.50p in a few weeks if no further news is announced.
Rule 1, don't buy on a spike.
The seller can't be far off now and believe we have a bigger buyer in the market as well. Once they're done then that will re-rate the SP itself without any news. Looking forward to an exciting Q1.
And with results being a virtual formality due to already doing pre-testing and passing then should see the SP go a bit mental on news.
I would be disappointed if the SP didn't reach 30p. If you look back over the last couple of months there have been some big buys. Quite a few people sold once the testing numbers had been achieved and assume they will soon be buying back in ready for the results therefore increasing the SP to say 23p prior to results.
10.18am actually as just checked.
Has the seller finished, no big sell since around 10.26am.
This is due a re-rate once seller finishes.
In Dan's first interview the other week he definitely said some exciting commercial news to land before Christmas so you just never know we may get news beforehand. I will taking my initial stake out when 100% up and let the left roll as with the board having so much skin in the game and them saying on multiple occasions they want to build the company up with a view to selling it then believe we will be taken out within 2 - 3 years time.
Well i bought 50 thousand quids worth at under 3p and many more all under 7p. When SP goes over 10p i will be holding because as i have said many many many times way before most of you arrived we will have only reached base camp. Each to their own.
Guess who previously said the above??? I will give you a clue, their Welsh and like climbing.
Coming as soon as the seller is finished even without news.
Potentially a lot of news flow within Q1 next year and some big news at that.
Looking forward to it all and the SP being a couple or so multiples than it is today.
Clueless and filtered.
Which should speed the seller and buyer up as there's obviously a big buyer and big seller in the market exchanging shares. Once they've done then the block selling will stop and it will re-rate without any warning. In Dan's first interview he said exciting commercial news due soon therefore I still wouldn't be surprised if we see an RNS pre Christmas that catches people out. Long term holder who is sitting on their hands for the big reward and all the very best to other genuine long term holders.
Once the seller is finished then new "home" should be low double figures until news hits (IMHO).
Thanks Notperfect.
For what it's worth I do think we will have news before the new placing shares hit the market because on Dr Dan's first interview the other week he said commercial news was to be shortly released that would have a good impact on the SP. My thinking is this news will be RNS'd just before the 23rd so if the placing shares are sold the sells will be absorbed within the buying from the RNS. Could be wrong but time will tell very soon.
CLASSHERO - FILTERED.
I agree Notperfect. I've requested NFX update their major shareholding list as it's only showing up to 31st July and once it's been done we can see if it's CPI selling some of their holding and if so how much they have sold. There's obviously a seller in the market and expect it's them but believe there is definitely a buyer(s) the way the SP is holding up and large trades are going through. Hopefully a couple of TR1's to be issued in the near future.
There's an unwritten rule that institutions don't invest in companies with a market cap less than £50 million so maybe that's why. I'm sure future news will send NFX over this market cap therefore be interesting if any institutions invest in the company.
I would ignore Cionnathagad.
He's deramping ORPH as well, which is due big positive share price news over the next couple of months according to it's board.
Filtered.