Member Info for Swanny27

No Unicorn, but currently a few multiples of the current share price IMO, and increasing the longer they are held.

RKB, sorry to see you go as it was all your analysis that made this stock stack up. Looks like you may have gone a day or two early and something may be cooking with the trading today. But who knows and as you say cash is low.

It's getting ready to launch.

Lukehere, so who has the firepower to sell over 10m shares down there as there are only two holders with this many shares, and why would they want to drive it lower? I think the value now has a reasonable base, so I could see doing this at a higher price, so not sure how far they thought they could push it down below 7p. Also if they are just shorting it I cannot find any significant shorts out there in the market.

Just like I couldn't work out, and still havn't worked out where all the millions of sellers appeared from at around 7p (3% of the company), where have the buyers who were not around for the last two weeks suddenly appeared from now the price has risen slightly? Markets baffle me.

Well, looks like it speeded up a bit. Didn't mean to sell today but I had a 160p sell set up and it popped. Forgot to move it up following the recent rises. Good luck for the ride ahead, I need to find a point to get in again!

Yes Sweepy almost there now and knowing me there will be more if the 7p and below sellers keep arriving. IMO one day this will pop, hopefully upwards, when we actually get some decent news from the investee companies, and the longer we don't get any news, the larger the news will be as they are all growing.

The tap has released about 10m now, three chunks of over 3m, so if it is the entire recent placement they are dumping there could be another 7m or so to go. I thought the sub 7.5p would have dried up by now, how wrong was I, its still there in abundance.

Lukehere, PI's will start it, followed by FI's, combined with some good news that is no doubt round he corner. Problem is no-one knows when or we wouldn't be where we are. Still some sub 7.5p out there each day. Probably it won't last for long. IMO

Well you have to be in it to win it, and finding the bottom to buy in for any share is a difficult thing to do with lots of as if or if only moments. Long run though I think we will be fine.

Lukehere, need to mop up as much of that 7.25p out there as you can then!

Must be a large delayed sell today to drop the price and allow 1m of buys without a rise.

Should be a blue day tomorrow then.

Well Mr BB, as expected no response. I guess they are too busy out and about working to enhance shareholder value, or maybe they just work one day every fortnight and have not got round to it yet!

Its all getting a bit boring though, time for a deal so we can move on.

Having listened to this I am glad I am aboard as this should be a fun ride for the next few years, potentially with a very exciting result. Risk / Reward looks good to me, albeit the risk is high.

Not sure the placement overhand is any way near complete as the shares don't arrive until the 12th and how many people have really sold that much before the allocation?
Not sure who is selling below the 7.5p level though and there seems to be quite a few for sale.

Lukehere, I have picked up a couple of million shares in the last two days but I am going to be day trading with these on any price rises as that looks to be the only way to profit right now with the BOD we have in place. Gut feel says buy below 7.5p and sell at 9p for as much as is out there to buy below 7.5p.
Not really sure how anything is out there below 7.5p other than capitulation from investors on BOD incompetence, and there looks to be a lot of that IMO. Investee companies doing well though, shame we cannot just buy them all directly and ditch the joke that TERN has become.

Mr BB, have asked them, don't expect a response though which is their normal MO.

It's interesting that they only wanted £1.6m as they cut off the retail offer before most people had even seen it. This seems a very odd thing to do for an undercapitalised company as I would think they should have gone for a full subscription.