Member Info for SteJSteJ

...then bought back in by ISA.
Felt like a good idea given I've not used much of my allowance this year

Indeed, based on the number s/he keeps saying they have been buying, I would expect Zengah to be declaring something soon ;-)

I'll set my stall out first. I own a decent chunk of share, I think the company will succeed and plan to hold shares until that date.

So, my take on this board and the Zengah v Gammy feud is this.
Zengah posts a lot! I mean a lot! there are days when he posts minutes after his previous post in the same thread. Personally, I find this annoying as I see lots of comments on the board and think, "oh, something has happened" then see about 10 of them span a 5 minute window and are all from Zengah.
In addition, I see a lot of Zengah's posts are either copy paste from old RNS' or stating the same thing yet again about partner entry and it just being around the corner. Again, more noise on the board that, for me, as someone who's been in the share for a long while adds noise to the board.
I personally agree that a good partner entry will send the price up and that it MAY happen soon. Zengah posts his statements in a tone that implies certainty in the action and that it WILL happen soon.
Zengah may indeed by proven right eventually, but if you say it's going to be sunny tomorrow, every day, then it's bound to happen eventually.
I feel this is what causes Gammy to post an alternate view in response to Zengah. As this has been going on a long while, Gammy is posting comments that are extremely negative as a balance to the constant positive stream from Zengah.
This is causing a friction.
I feel the vast majority of people on here would love to see the share succeed and smash through £10 and so are inclined to like Zengahs posts as they support their desire. Conversely, they dislike what Gammy says as it goes against the grain.

How could this be made better?

I would personally like to see less posts from Zengah of the "Partner entry will make this rocket" variety. It's just noise that everyone here knows, so why even feel the need to repeat it? This may result in less frustration from those who find this type of thing noise and less negative comments being made to offset it.

To be fair to Gammy, they have said that they "Wows er. ..I'll eat my hat on that one:() going to be a good dsy". At least the are happy to admit when they are wrong on something

Correct me if I'm wrong but Gammy seems to be positive on the ultimate outcome that the company will likely come good but just thinks that the current share price is too high for the current life stage of the company.
Zengah seem to think the company will come good but that we are very undervalued and will see an increase in value imminently.
2 sides of the same coin surely?

Hi Gammy, what are your thoughts on the EGM to increase the shares available to issue from just under 20% to 20%? If they always intended to place just 10% this seems somewhat unnecessary.
I agree with a lot of your points that this will likely flat line or drop a bit if no news comes, but there is still the possibility of some news in the coming months which could see things rise.

Why specifically tomorrow?

Whilst it has dropped today a bit I would say it is well within the range of usual fluctuations for this share. Have a look at the longer term trendline and also the size of the spread.
Anything +/-10% on this share at the current time is just random noise in a given day. If it's a few days in a row and a trend is forming then one may well be more concerned then.

I agree, to have that average the majority of the money must have been put in recently when the share price was above that average.
To me, that doesn't feel like building a position over 3 months. That more feels like jumping in recently.

If your average is 44p, does that not mean you bought most of your shares rather recently? Not really been building a position over 3 months. More like 1 week :P

Is this drop just a reaction to the investor presentation saying production isn't expected until late 2019/ early 2020 so people are moving money elsewhere until that happens?

I'd say the issue is that it's a jam tomorrow kind of thing so people have jumped ship to put their money elsewhere.
I'm holding where I am so do hope we get positive results from the further trials in short order.
If it all comes good and the share price does head back towards the £8 mark then the current price being 80p not £1.20 won't really be anything to be overly concerned about

I know I'm pretty sad that I sold out 2 days ago at 2.53 :(

I always get surprised by the old ramper / dr-ramper arguments on here.

It's a biotech with a trial in flight which some results will come out from at some point in time. If the results are good then there could well be a strong positive move. If the results are bad, it could be a large negative move.

Both sides of the argument are right as it all depends on the news which hasn't happened yet.
Sit back and wait for the RNS

Oil price is falling so may be some link there

Todays ups and down make the price graph l9ok like a seismograph of a quake!

It is a share that will move on news until some results come out. No news will mean it drifts downwards as people look for other opportunities.

Whilst I would love to hear news to keep the share price on the up (or at least on the level) if they don't have anything to tell us (good or bad) then its better they focus their energies on the research.

Ultimately, the news will drop one day and the share price will move. Hopefully upwards and by a lot!

Good things come to those who wait so says they

There is still time for the full test to be complete. We are seeing action at the site thanks to Adrian. Let's all just chill out and enjoy the sunshine while we wait for the RNS to come out.

Buyers gonna buy, sellers gonna sell. Holders gonna hold.

It's frustrating but also an opportunity if you feel the company is undervalued longer term. I'm topping up a bit each month at present