Member Info for StarBright

My view is that this has got ahead of itself in SP/valuation terms. The share price incorporates material recognition for contracts/revenues/profits that have not yet been secured. Or at least not yet finalised to a notifiable point. It is entirely possible that such new/large contracts are in the pipeline. We know that the company has some key relationships, and that the regulatory position for technologies in which it has proven strength has shifted in its favour. So it is entirely possible that big news is on the way. I think it is now a well run business in a sector that has huge growth potential.

I’v sold a portion of my holding at VWAP in the low 300s. Basically on the basis of profit-taking and risk management. Whether or not this proves to be a good decision will be revealed over the next few months. If there’s no major news I would expect the price to drift back down, perhaps as far as 200p. If news of a big contract with new production facilities etc arrives, or news of a bid, then 400p-500p will be entirely achievable. But for a dinosaur value investor like myself, the value I saw originally has already been delivered.

I hope the company gets the big contract!

Think some people are still catastrophically underestimating what happens when a stock enters full Momentum Singularity territory. We are potentially witnessing the early stages of a genuine dream spiral / value vortex event here and once the dream-spiral drive mechanism locks in, the whole process becomes brutally self-reinforcing. Fundamentals fade into the background. Narrative escape velocity takes over.

Look at the sequence now developing: transformational licence RNS → acceleration phase → algorithmic recognition events → momentum scanners triggered → conviction transfer from weak hands to hardened holders → float compression event → liquidity vacuum overhead. This is EXACTLY how the legendary face-rippers begin. The 10% traders high-fiving themselves this morning for “banking profit” may genuinely end up as casualties of the Great Share Transfer 😂 Weak hands feeding the vortex while stronger hands absorb stock ahead of the next leg.

And beneath the visible tape the signals are becoming impossible to ignore. The market makers serve masters - they are liquidity shepherds for larger players, not your friends. Today’s tape action was classic: fake walls, fear candles, stop-loss sweeps and little shakeout stunts designed to trigger emotional selling while dark-pool buyers and SINT accumulators quietly build positions behind the scenes. You can almost sense the institutional gravity well deepening under the chart.

Once the scarcity loop starts spinning properly and the free-float implosion phase begins, the rerate cascade can become violent. Rising price creates rising attention. Rising attention creates rising demand. Rising demand tightens supply. Tightening supply creates face-ripper candles. That’s the value vortex. A self-fuelling feedback engine. A momentum magnet. A conviction-compression corridor.

At that point the market cap realignment event becomes disorderly and traditional valuation metrics get thrown out of the window entirely. We’re talking volatility halts, auction extensions, bid vacuums and full FOMO compression as breakout traders, algos and late retail all pile through the same narrowing door at once. By the time the herd finally recognises the scale of the move the chart is usually already vertical and the same weak hands who dumped for lunch money are desperately trying to re-enter 200% higher.

Dream-spiral drive mechanism locked in. Face-ripper phase pending. They NEED your shares 🚀🌪️📈

The funniest thing today has been watching the self-proclaimed “traders” dumping for 10% gains while the smart money quietly positions for what could be a full-blown DREAM SPIRAL. Everyone talks about death spirals in small caps - hardly anyone recognises the opposite phenomenon when it starts. Licence lands, sentiment flips, momentum algos trigger, shorts panic, retail FOMO kicks in, instos scramble for exposure, free float dries up, market makers lose control of the spread, price targets get rewritten in real time and every uptick creates MORE buying pressure. That’s the dream spiral. A self-reinforcing vortex of panic-buying and stock scarcity that can send these things into orbit faster than anyone thinks possible.

And you can already SEE the early signs. Dark pool/SINT accumulation all over this. Icebergs getting munched in the background while weak hands proudly post about “taking profit” for lunch money. Congrats to the 10%ers who sold the first proper rerate day after a transformational licence RNS 😂 They’ll be the same people posting “might buy back in on a dip” 80% higher while the rest of us watch the auction extensions roll in. The MMs know exactly what they’re sitting on here which is why the intraday games have been so transparent; fake walls, stop-loss raids, tiny sells painted red to create fear while hidden buyers absorb everything in sight.

Wait until the US comes online at 14:30 and starts running scanners on % gainers + licence approval + tiny float. That’s when this could get genuinely disorderly. Momentum funds, breakout traders, FOMO retail, forced buybacks all feeding the vortex. This is how cult stocks are born. Not financial advice obviously, but selling today because you’ve “banked a nice 10%” on the first day of the rerate could end up being an all-time weak-hand move. Golden ticket. Dream spiral engaged 🚀🌪️

That would be a “Shareholder Day”…

One thing is certain. We are going to see every lame would-be trader cliche here today. Just waiting for the first “golden tickets” mention…

Https://www.bloomberg.com/news/articles/2026-05-05/finnish-satellite-startup-iceye-in-talks-to-raise-250-million

What is the source of this please?

AI slop...

@F505 - a hypothetical question for you, given your long experience. Let’s roll forward a few months. SSIT has new C-share capital to deploy. It also has cash in the “main” portfolio, perhaps from the coming exits to which you allude. A brand new & highly attractive investment opportunity is brought to the fund. On what basis will any such new investment be apportioned between the two pools of available capital?

Price action feels anomalous for a fund that says it’s about to raise new capital. For holders, all good I think. The higher the price at the raise, the greater the anchoring effect will be going forward. I just wonder whether something we are not (yet) aware of is happening.

Weakness here is driven by the company’s failure to achieve the q1 announcement on fid/funding that it had stated in November.

Yes re unsurprising fund raise. My understanding is that they’ve had DFM’s knocking on their door for more capacity/liquidity. Hard for fund managers to say no…. What matters more is how the raise is executed - looks like they are being appropriately mindful of existing investors - and what the do with the capital. Ideally the possibility of new money has coincided with the identification of new opportunities. A rare combination, but good news all round when properly managed. The team he deserve credit for what they’ve achieved, and support in growing their capital base.

I sold 1/3rd of my holding at 181p earlier. It’ll probably roof from here, or be taken out by Musk / PE / whoever...🤣

“ Good news from underlying portfolio companies, an increasingly positive market context and a material discount are combining to drive the share price higher.”

A lot higher…

Please don’t turn this site into another ADVFN cesspit.

Who thinks there will be an RNS announcing FID & Funding tomorrow, as repeatedly promised by the rampers here?

@Hurst10 nailed it again….

Seriously though, this raise was hardly unexpected and at least appears to have been conducted with a modicum of discretion/restraint at the trough. The resulting dilution is part and parcel of the equity holder experience in companies developing novel pharmaceuticals.

The RNS out today is very clear on the extent of exposure to the “private credit” story. Looks like a chance to add to positions.

The early overseas size buyer clearly has a Hurst-on for next week’s big conference…

AZN down 0.9% in early trading, and have announced the departure of a director.

Good to see CC forcing AZN to take a knee.

RTO perhaps?