It has been shorted heavily in the USA (TLSA) and the last short position was 24% on 31st of December 2020. The current premarket price is $2.41 which equals to approx. 88p, hope it can catch up when Nasdaq opens.
Surprised but happy to see the company has released the new about admission to main market at last. Did check this morning but there was no RNS. We all.can have a relieved Xmas and we know that we are getting there eventually.
36.72% short on yesterday's volume of 516,800, the BOD is better to keep their mouth shut and abandon the conference call in the future and just release the RNS instead. It is worse to have a Big Mouth but no action to follow.
The company is expected to publish the prospects in connection with its admission to the main market in late Q3 or early Q4, so far we have not seen it and we are in the last a few days of Q4.
Cloudy390, I do hope you were right and the company would be admitted by this month.
Someone mentioned that the board does not need to release the RNS of notification to leave AIM, but I am not sure it is the case. It is very confusing why the board stated on the conference call that the company would admitted to the main market in December 2020 if they have had not notified the AIM.
Not trust the premarket, it is only for 1 share at $2.31. Hope we do get the main market confirmation before end of month, only 11 working days to go. I will be happy if Tils is listed on the main market or it has formally informed the market of the listing by that time.
Not a surprise with short position of TLSA stands at 29.68% at yesterday's volume, increase further from 25.63% the day before. https://fintel.io/ss/us/tlsa
Until those short interest reduced or closed, unfortunately we won't see substantial increase. Yesterday's short at 25.63%, increased another 3.36% from the day before 22.27%. BOD's non action provides good opportunity of shorting.
Can't agree more, hope they do not mess it up, as BOD, once it is said, you'd better stick to it, we will see. Confidence in the management really is fading now.
Really hope so. However, I believe the company is aware of the depressing share price which partially is due to the lack of confirmation of main market moving as per their conference call, they should issue a rns to confirm then.