The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I'm sure PJ stated, in a PROactive interview, that he did not want to dilute, but I agree that some cash will be needed at the rate we are going. A little does trickles in from warrants, I think. A lot will be revealed in the next set of accounts.
So is what you are saying, linked to those options?
His holding is still shown on their website- if we can rely on that!?!?
Agreed jodrell13.
It still mystifies me that he stated that masks would be produced in mid November, if my memory serves me correctly. Did he truely believe that or was he playing up to the camera. Rumour had it that he was then silenced, then it all kicked off. Like others have said, he needs a good team around him now to bring his good work to market, having first got the production line rolling to some meaningful degree.
As I touched upon yesterday, with the next AGM in June/ July ( when, hopefully, we are out of lockdown!) the BOD will now be focused on results, results and more results. Won't be easy, or smooth but necessary. Shame only Dr Cave has shares but that might change. I would bloody hope so anyway.
Good luck all
Cave should have gone on ' Dragon's Den' for advice. Peter ( if he's still there) would have had 35% but we would have been up and running by now. Instead, he took the wrong door and ended on the muppet show!
If I don't laugh, I'd cry!!
For the time being hopefully most/all bad news is out, all in one go. Share price crashes, which it would have done on any further delay/ problems. So options are an aside and a final push out of the door for some. They will now wish to build up the good news and credibility towards the next Agm/gm. Am trying to be positive here!!!
Difficult to continue to support the BOD, including Cave, and I hope that they are truly embarrassed by all this. However, I'm still in and have infact added today. I still believe in the technology and the masks have a place in our society but the BOD now need to start delivering and provide more detail. I don't want to continue going forward suspecting that they are holding back.
Good luck all holders
'Brave'
Superbarnet- I have been thinking the same. Am I grave enough to sell another share and buy now and look to reverse the process in a week or two??? Decisions, decisions!!!
Whilst you may be right about the offload, I do wonder if, temporarily, sentiment has changed ifo batteries given the recent press coverage. This is something we need more of.
Good entry/ topping up opportunity, as many have highlighted. My opinion of course
I emailed the company yesterday to remind them of their promise of better communication. Did I even get an acknowledgement? NO!
Ok,some will tell me that they have better things to do, but come on.... this is a quoted Plc in the big boys world. they need to up their game.
Still long and strong
There's probably a fair bit of ' investor ' fatigue creeping in. For many on AIM, 3m is a long time, never mind 10!!!!!
Not funny Shrewd11. !!!!!!!
I liked your longer post better!!!
ATB
Wholeheartedly agree Jodrell. For too long we have all been scratching our heads and ( are still) quessing ' what next?' . Surely, with the promise of better communication, we will all have a better idea of the way forward, by the end of next week? Am not too concerned about the share price net week, just want direction. One will follow the other, no doubt!!
I just hope Dr.Cave is true to his earlier intention over the warrants and hasn't since had his head turned. I remember him going on camera and promising production by mid or late November, if my memory serves me correctly. I hope he still feels let down by others and those responsible get what they deserve. A new beginning come Monday morning. Enough time and energy have been wastedand the company needs to be forward thinking from now on. It is, however, puzzling that they haven't yet decided how to spend the £5m, having raised it weeks ago. Maybe, plans have changed and , if so, what has caused that? All very good intriguing and I just hope we, as partial owners of the company. get all the answers asap
1.56
PJ- there is often a sell off on news. A 5% drop ( with a 5% spread) is nothing to be concerned about in my view. There may now be a short term downward trend but fundamentally the company looks sound. Also, this is not a stock driven by Hugh amounts of sentiment e.g. GGP, ARB but the share price is regaining it's traction . Interesting times ahead. Good luck with whatever decision you make
510000 via ii
Mulletman- I too share some of your and other's reservations about this company and it's masks, but I am invested because I believe that masks will be in great demand going forward, for quite sometime. 'Our' masks will not ( as some will have you believe) save the world! Thye are just one tool, out of many, that will help. For me, it's now all about marketing, orders, sales and profit. We do not know any of that detail yet and until we do, it's fair to keep an open mind. Good luck with your investment, and don't let others get unde your skin.
That is, don't believe all you read on here! It's easy for me to announce that I have 3 m shares, for instance