George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Nice to see them buy in at the market price rather than with a discounted placing!
Onwards and upwards!
Lol, “It’s good” , not “Igloos”!!
Good news! We only need 20k tests per month in total from all partners to fill current capacity and earn £1M a month on too of any Clarigene sales to partners with their own test labs!
Igloos to see news flow waking up - I wonder what the next RNS will be?!
A couple of pence a week will do just fine for me, we don't want any of those nasty speeding tickets!
Let’s hope it’s a big rabbit in a small hat - wouldn’t want him to miss it!
Have a good weekend all - looking forward to Monday makes a pleasant change!
Looks like that 247k buy at 17.29999p caused the up-tick!
MM’s will take 500k shares in one hit above the mid-price - a good show of strength and bodes well IMO!
Well, it was until I posted that ... stuck at 14.71 to sell ATM.
Dan, got any more to sell? The SP needs a kick up the ar*e! :-)
The actual quoted bid is creeping up - no tick up yet but can't be too far off!
A few more pence on the SP will certainly be welcome!
I would imagine that they’re well aware of that date and renewal requirements, especially since (as you say) they went to the trouble of being prepared in plenty of time!
I imagine that Walbrooke won’t have any more of a clue than anyone on this BB so guess you’ll have to email the company!?
Maybe someone was following britishbulls signal to go short at 12.25p - Oops, a bit late to the party there!!
Ticked up to 14.5-15p What a difference a few days can make!
Might be able to afford some Leffe instead of Tesco Value Lager this weekend :-)
A couple of buys (approx 45k and 35k) have just gone through at 14.4p and we're now at 14-14.5p
Dan .. thanks, we owe you a beer! Someone had to trigger the recovery :-)
We have a 100k buyer - at full ask - 14p !
Did you miss NCYT off your list?
You think the pandemic had no impact on core business? Or the ability to close the reproductive health deals?
LOL .. that didn't quite go to plan!
50p!!
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Bye bye 12p
Bakky, that’s what we were told in the presentation around the time of the acquisition. I posted a link to the presentation & time within the video some weeks ago. CG needed to generate about double the revenue compared to the earnout and that the earn out would then effectively be paid from that revenue.
With a gross margin of around 50%, it means there will be no impact on the current cash in the bank.
As flipper says, the chance of it even being triggered has probably diminished somewhat anyway!