Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Looks like we might close up for two RNS’ in a row - must be a record!
Bakky - some of that link is too damn close to the truth! Over the years I’ve definitely hit the f**k, give up, buy funds and forget more than once!
This time, I’m not giving in!!!
The up-front cost would’ve been higher without the earn-outs. This way, they remained motivated to chase every deals.
Let’s get the customers, keep the foot firmly wedged in the door and cross sell the f**k out of them with our other products!
We now have the first US customer - that’s always the hardest to crack!
Not big numbers, but very good to see the uptake in the US. Should be more to follow soon!
It was like that yesterday too .. I could buy and sell with zero spread although I only tried a dummy £2k.
Presumably the buys & sells must be a different MM unless they're making a living on £4.99 per trade these days!
Thanks, interesting info! Now we need to find someone with an account!
Dummy sell for 500k at 16.18 in one hit ... Someone is either accumulating or closing a big short IMO!
How can YGEN chase it if they don't know who is making the trades? According to this, it's the person making the trade who must notify YGEN and the FCA when they cross boundaries etc..
"They require shareholders and holders of financial instruments falling within DTR 5.3.1R(1) to disclose to the issuer and to us when their holding reaches or falls below a given threshold.
Several exemptions and thresholds apply to certain market participants, for instance custodians and market-makers."
hTTps://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/shareholding-notification-disclosure
Whatever is going on, isn't causing the SP to tank so buyer and seller must be pretty well matched at this point!
Dan, to summarise, tomorrow's jam will be even sweeter :-P
TBH, looking at some other shares, neither revenues or huge losses make any difference to crazy valuations!
Why would the MM’s have given that price for 6 million shares if they didn’t have a buyer lined up for them already? But that’s what’s more confusing, no TR1 for buyer or seller yet!
With all the BS you read about MM’s doing this and that across AIM shares, which is normally just an excuse for a few PI’s trading, it really does seem like something is being managed here this time ... but what and for who?!
That’s nearly 1% of the shares in one hit! It seems unlikely that whoever is making these trades is a small player so if they’ve been over 3% we should be getting 1% boundary TR-1’s!
I was offered exactly the same 16.15p price to buy and sell £2k worth earlier ... a free bed & isa opp for someone without even calling the broker!
... and still no TR-1’s!!
Agreed, it should be better for the stability of the SP ... I expect most positions have already been closed, it would be rather brave to leave it to a last minute stampede!
Anyone sitting on a leveraged long position would need to basically stump the full value of their "bet", making the outlay the same as actually buying the shares, rather than the previous lower margin rate of (I think) 25% of the value of their bet / shares,. Alternatively, they have to sell to close out their position which I suspect will happen in the majority of cases.
Since the spread betting companies typically cover their position in the market, the sells drifting through since the IG announcement could explain some of the weaker than expected response to the news than hoped.
I'd missed those trades - they're not showing here but over 1.5 million bought in 2 big trades, most at full ask definitely bodes well.
A little more patience and a few less sellers drip feeding them and it'll have to move the SP!
Why must it ALL be reliant on a further RNS? A consistent 20k covid lab tests per month on a good margin, along with recovering and growing core NIPT & DPYD business could get us to £30m revenue ... Align had us valued at 26p when the annual target was £22-23m revenue with an extra 13p for covid revenue.
A lot of other stocks have higher MCAPs without having banked a penny yet!
I don’t think 30/35p is unachievable with what we have already if we can maintain 20k capacity, although the higher 50/60p estimates are going to need additional contracts for core business (preferably) or increased covid lab testing capacity!
bakky, the 2.2 million trade at 17.113p does indeed look like a buy if slotted in to the history
2021-02-22T09:55:31.453 GBX 16.789 80000 13431.2 Off-Book AIMX
2021-02-22T09:53:29.893 GBX 16.834 150000 25251 Off-Book AIMX
2021-02-22T09:51:47.780 GBX 16.788 25000 4197 Off-Book AIMX
2021-02-22T09:51:46.540 GBX 16.788 25000 4197 Off-Book AIMX
2021-02-22T09:48:39.213 GBX 16.835 6000 1010.1 Off-Book AIMX
2021-02-22T09:47:48.927 GBX 16.835 100000 16835 Off-Book AIMX
2021-02-22T09:45:47.767 GBX 17 50000 8500 Off-Book AIMX
2021-02-22T08:42:13.960 GBX 17 250000 42500 Off-Book AIMX LRGS
2021-02-22T09:38:39.497 GBX 16.835 100000 16835 Off-Book AIMX
2021-02-22T09:33:01.703 GBX 16.825 100000 16825 Off-Book AIMX
Twix, it must be the first time we've closed up on the day of an RNS for a long time!
We only need 20k pcm from all sources to fill our current lab capacity. Given that we'd hit 10k pcm before capacity expansion last year prior to the lockdown impacting business, it doesn't seem that far stretched to think that the various new partners including today's announcement can take us to 20k pcm and potentially beyond!
Top that glass up, it's starting to look half-empty again :-)
When the travel ban is starting to lift, a LOT of people are going to want holidays, no matter what the additional costs involved are!
Looks like the 16.99p sellers are being cleared out now ... 17p sellers next!
Looks like there are a few buys coming in now that you can get actually get a quote for more than 100 shares on auto! That was strange and lasted at least half an hour on AJ Bell - but at the same time you could get a quote to sell 250-300k in one hit!
Only 1 MM left on the ask at 17p (50k), two on 17.5p, two on 18p and 3 on 18.5p ..