Come on Degsy we know that’s a load of old rubbish. The market needs buyers and sellers and we aren’t short of shares currently. Even more so looking at L2
Bigbench maybe your right but sadly they didn’t give timeframe and imo a month is nothing when negotiating anything / signing paperwork...look at 88e for example
Hannibal 1p LoL. That would give us a mcap of around £3mil. Not a chance and we know the drug isn’t a failure just likely to need more work
Raise would be the issue as with further works to be done they would struggle to raise much above 5p imo, which could then take it down sub 5p
At the end of the day you have to ask your self the risk at this stage. It this does fall to around 7p, what’s going to happen on bad news. Now, we know it’s not going to be drastic, but possibly further trials (maybe) or further information needed. What’s the SP going to fall to given current mcap...maybe fall to 5p? Can’t see much less than that at circa £15mil mcap.
Buying at 7p ish it’s a case maybe drop 30-40% or gain 200-300%.
Risk reward I guess that’s the key
Scot it’s also with noting they are not in control of when minutes will be issues which may well be a reason why the AGM is before the minutes
I do think it’s a fairly poor show from the bod however at the silence. Yes they want to wait for formal minutes but a statement or interview would have settled nerves
ScotPalmer whilst you do turn from Uber ramp to Uber negative, I can only suggest you have sold
That said, I tend to agree that given the silence and the decline in SP, it’s either a case of no one knows or it’s not a disaster but will be taking 6-12 months to revisit and rectify
I debated adding at 7.80p but It does look like this will settle closer to 7p if we don’t see news this week
Either way I fear it’s going to be a long route and AIM is a very fluid market with many with a lack of patience
Of course I hope I am wrong but the market normally knows before anyone else and the trickle of trades, falling share price and silence from motif doesn’t overly fill me with confidence
Sycric I donβt think they walk away poor tho do you? Not like many of us. Yes disappointing for zaza and Steve but they wonβt be skint thatβs for sure
Tondy, oil is still there, however, it means zilch in the ground, and money will not be there forever to fund 88e. This is most investors concerns, well, it’s mine for sure
Inherit you supposedly have 2mil gifted shares, you are the only prick I know that is happy youβve potentially lost/losing the lot. This guy really is some sort of nugget lol Filtered