Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Jadam, maybe this time we've had sell-the-rumour and get buy-the-news!
Looks like 7 x 100k sells, starting from just before 2pm.
It does seem a little strange for someone to be repeatedly dropping 100k chunks at this low price .. It does make you wonder if someone is trying to push it down for a bookbuild raising ...
Florida, are you sure on that? There was about £12m left? From the placing RNS ...
"Proposed Placing to fund the initial cash consideration for the Acquisition and for general corporate and working capital purposes. Additional funds may also be used to accelerate the Company's commercial activities, including new products and services such as the IONA® Nx NIPT workflow and our COVID-19 testing capacity. Any excess funds will be used to support further M&A activity."
I guess it depends on the size of any potential acquisition!
Twix, +50k for me at the same price 13.39p ..
A couple of chunky buys (presumably) earlier this morning ...
28-Jan-21 10:25:19 13.90 635,000 Buy* 13.00 14.00 88.27k O
28-Jan-21 10:24:08 13.75 500,000 Buy* 13.00 14.00 68.75k O
Twix, are you topping up again?!
Yep, it certainly has that feeling of desperation / capitulation, and I wouldn't be surprised if it ultimately ends up as one of those "It was a bargain, why didn't I buy more?" events that are so bleedin' obvious with 20-20 hindsight!
At least we have plenty of cash in the bank so don't need to do a raise at this silly SP!
Maybe if everyone who is dissatisfied sends 7-10 emails a day to Wallbrook and Yourgene containing their grievances instead of repeating them here ad nauseum, there's a chance something will change? Bother THEM, bore the **** off them with your emails and drive that change that you crave!
Airing grievances here every day achieves nothing more than a congratulatory back slapping from other frustrated investors and just puts off any new PI's who may drop by.
Unless there are some secret sadists, I assume that everyone here believes in the company and ultimately wants a higher SP, right? I imagine most of us existing LTH's vary from having enough shares to being balls-deep with top-ups, so we need new buyers to create the demand. We do not need to frighten new PI's away with a "moany BB" any more than we need to over-promise by predicting 50p by Easter or some other random date!
Ok then pacman, why not help him by posting something here that tells the world how well he's running Ygen?
Have you emailed LR your concerns? Or do you hope he'll refer to this BB whenever he needs help in running Ygen?
How much opining love have you actually seen here pacman? Or is it just that you can't deal with people who don't feel the urge to vent their spleen daily?
Judging by the lack of TR-1's, there are no insti's buying or selling here at the moment , the market is currently driven by PI's and a lot will look at the BB's for sentiment & information ...
IMO, they are far more likely to be scared off by the constant whining and whinging than any perception of LR's contempt!
Pet hate “sort after” .... I almost grind my molars away reading that one :-)
Anyway, enough of this consolidating lark, it’s about time we launched back into the 20’s!
Shirley (for the pedant) they just need to sell more stuff? Simple right?!
Why not send him an email with the link to the other RNS? ... you’ve nothing to lose, and maybe it’ll make a difference?
What happened? Did someone buy shares by mistake and the price went up?!
Life size cutouts of Lyn Rees available soon on a half price sale, just like the current SP!
Get ‘em while you can :-)
>> I really would like to see the number of comments made a day being less than the actual daily trades.
Ash, a cunning plan .. we need a new BB policy, you have to buy 25k shares to make a positive / news post and buy 50k if you want to whinge? Trades will exceed posts, the SP will move up, sorted!!
Thanks for that, see you next Thursday
If they make approx £25m FY, I don’t care what the product mix is! NIPT, DPYD, Clarigene, lab covid testing, the software that we used to give away ...
Lyn, just sell more of anything!
Covid testing was below capacity for a couple of months, but they do have night shift 6 month contract vacancies for Covid testing on their web site ....
Maybe we'll get an up-side surprise for once!