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No mention of any kind in the last RNS pertaining to negotiations of assets is further evidence of an NDA in place. The hints we're getting from various media articles (e.g. picture of Alexei Boucher) give some credence to the ongoing position of the company.
£153,000+ buy.
It touched on around 35p and then the selling came in. The institutions were triggered at that point to sell I would assume.
The Friday drop was easily predicted. Institutions have a target to sell at. They're cautious as they need to fund their commitments and don't go in for high risk. Once they have a profit they sell. If they didn't they'd be in danger of risking their commitments.
The BoD will not want to be without a NOMAD for any length of time. The last RNS stated "advanced discussions with a new Nominated Adviser". Flanks were: "... also subsequently confirmed to the Company by Sevzapnedra". So a combined RNS for flanks licence issue and NOMAD installation is likely shortly, possibly even next week.
pumpky, you may not be bothered but others would treat you like no bad smell you could possibly have.
Competition is good to get an anti body test out there soonest. It needs to be accurate or they'll be wasting their own time as they will just have to get it right for it to be acceptable. A company producing an inaccurate test to begin with will be at the back of the queue when countries look for a test subsequently. Reputation is important and a bad test to start off would not be good for their reputation.
May well be ODX dougal. Why the anti odx posts?
With an RNS stating licence received for MT flanks and a new NOMAD in place we'll have 12p by close of business. Any initial drop in price will be heavily bought in to. The MMs will be prepared for this one after many weeks of suspension and this will rise rapidly. Shorters please note: get out as soon as you can.
All calculations will have quite a high margin of error as the calculations are all based on estimates. Ultimately the value to shareholders is just dependent on what the company can get for the sale of MT or the whole company. That's why the bidding war between Rusal and NN is so important, as posted by RNSman. We could end up with a higher figure than you may calculate to ensure ownership for the one that gets it. Any auctioneer will tell you the best price attained is when two people want something and push the price up.
I often see posters blaming investors for not reading up on the detail of this stuff before they sell. It's the responsibility of the company to make the investment case clear and concise. Selling damages the company. The investor may lose out without knowing if they are ignorant but the company is reliant on buyers who do understand the investment case and will lose out with sellers who don't.
It may be simple to Tony but not everyone finds it simple. Many are also not able to listen in and go on the sentiment. The sentiment is damaged by a 12 to 18 months figure. That's simple.