Member Info for Takayama

I doubt it’ll be 3p by end of day, but the offer is about to pop up another 0.1p! Next week will be interesting…. .

Thanks Booboo. Much clearer. I agree.

JXP - you have me confused with someone else. First time I've looked at Wood.

I've been looking at CWR for some years. I definitely would avoid CWR following today's news!!!!! There may be an entry point some time, but it isn't today! If you can help me with the specific questions about WG, that'd be appreciated. I'm still pondering, but it could drop further.... .. The rise from 30 (derisked once those questions are answered) to 200 is still pretty substantial and more attractive than the far more risk rise from current levels to 200. Of course, WG could fold completely. Seen it a couple of times already, most recently with Cine.

Booboo - Thanks. I think I see your point, but I disagree. Investing isn't about betting. It is for some people, and so whilst you may be lucky, I'd say that it's better to have luck plus insight. Making money on the stock market is a bit more like horse racing, going to the paddock, talking to the trainers. There are obvious markers sometimes why you shouldn't put your money on that particular nag. Good luck if you're approaching it like a casino! That's completely random!

But major shareholders have sold up loads in last few days.... . I'm just trying to piece it together at the moment. Because it does look like a bargain, but you know what they say. If it looks like a bargain.... .

Hefty buy at 500k @ 2.48 this am... . Bid vs offer is 1 v 4... . Bid soon to tick up I reckon... .

I'm not in yet, but weighing the odds. If the list I gave was correct, then it's the potential fundraising which is the big stand out issue. Essentially any fundraising will be at a discount to the prevailing SP, meaning further depression of SP to the teens (I hope not for your sake - I've nothing to gain by saying that, and just interested in why not?). I'm not really sure why they'd do it that way though. Anyone know why the debt has remained for so long? Any links to useful broker notes? Gilmartin has been CEO (his first such position) since 2022, so he is responsible for this. He's had plenty of time to sort it out and it's just got worse. Doesn't bode well for the future. Is he just riding on the laurels of predecessors in securing those contracts with trusted partners such as Shell perhaps..?

People exaggerate on their CVs deliberately. He should have known the impact it would have had if it came out that he 'exaggerrated'. It wasn't even a worthwhile exaggeration - just a minor one. Why didn't he simply get his CA qualification if he felt it was what he wanted to be? It isn't that different. It was a mess. Good riddance for any company to get rid of someone like that, particularly in such a senior position of resonsibility.

I'm looking for a bargain. Is Wood one? Looking at the trace down from the 200s to where we are now, it looks like (a) failed takeover (b) debt comes up for refinance in 2026, and with a lack of confidence in the company, that'll be hard, so warrants/dilution on the table (c) poor performance in some areas (projects as well as minerals& life sciences) (d) scandal over CFO's statement about his financial qualifications. (e) No divi since before covid and where is the prospect for a divi? (f) Why is debt of around 650m sustained year after year?? - Assuming refinance is secured, then business continues. Plenty of positives here.

Not sure SP rise is always driven by fresh news! The old news that there is a bid on its way, multiples of the current SP was enough to drive all those 8.3s. Why wouldn't more people want to get on board once they are aware of that old news.. .?

WATF - Don't go on the Lloy chat page - the majority are pro-Putin there!

I'm no ramper, but this is like a bottle of Coke with someone dangling a Mentos just over it .... . Everyone is watching what everyone else is going to do next... . Very thin trading causes quite a jump in the bid/offer today... . What's going to happen next? Up, I reckon... . IMHO. GLA.

IAG Longterm: Reasonable point, but I'd take comfort that Steve Healy is CEO of Jet2 holidays. It's a different market to a large extent. Sure they use planes, but that's to take families on holiday to Spain in economy class. IAG's big money maker is Business and First, taking business people across the world, esp US ... . That market isn't really looking at 'discretionary income'. There will also be people making up their own trips - to see family, friends or going on an adventure. The latter, you're likely to see people tailor their trip according to budget. It won't be a case of taking the family of four to Marbella or Clacton Pontins... . Let's see what results bring. It's normal to see some nervousness before results day (next Monday?).

Not wanting to sound like a ramper here but I'd guess that Tolley has used his time in the States to good effect. Fine if not every half hour was taken with a meeting, but good if he got at least 50% of his availability taken up by interested parties looking to work with Aptamer. There're always slight leaks and todays buys (three trades totalling £10k around) may be an individual whose interest has perked up as a result.. .

Usually, there are some day traders jumping in for a quick profit. Nothing wrong with that. But most (if not all) the significant holders are still here - check the 8.3s and the 8.5s . The real profit will come with the sale.... . That's the reason to hold - and in fact to buy!

David - You're right of course. But then the small volume shows it is only retail also, and so you can take heart in that. This was always going to be a Unicorn type share - it either makes it or it doesn't. In between of buying such shares and waiting for that news, I find I have to grit my teeth to almost zero! There isn't anything that has fundamentally changed here causing the SP to drop and there are genuine causes for the SP to multiply in the near future. The bad feeling of the SP dropping is only emotional and only temporary I have to keep reminding myself. There is likely to be a stream of news, and again I would say on the side of positive (we're not relying on clinical trials which have a decent degree of failure for example), so it's a case of staying in for that 7am RNS, after which the MMs tick up the price by 50%, and if that happens to be the morning that you are dealing with a washing machine delivery, there's a good chance you miss buying in until it's already 80% up... . The trials and tribulations of hanging in there ... . GLA!

Pedrobull - Interesting you commented (almost prescient!): "The nazi salute was a bonus I wasn't expecting, people are leaving X, I think they may be thinking twice before investing in a car" - lots of noise on social media about boycotting Tesla this weekend I noticed (perhaps it was just the algorhythm) ... . Never, ever seen anything like that. Interesting to see how and if it transfers into lower sales.

H4mmered - thanks. It could be that Allenby have a slightly different skill set. It would be weird for the company to fold completely given the product, I agree, and also because of who some of the major shareholders are. It seems such a tiny amount of money required to get this product (if everything about it is as good as they say it is) profitable. There is also another side to this, which is the slightly ugly underbelly of capitalism and dog eat dog. If you're invested, I hope you're right. But I'm going to stay away. I'm a little too cynical for this one.

Correct me if I'm wrong but the RNS spells it out quite clearly that there isn't going to be a raise: 'the Board does not consider a further fundraising on the public markets is viable.' In addition, the Golden Knight it had hoped would provide cash has changed their mind. There is 'the lack of interest in a fundraising'. Essentially, it's about to go bust, so it's going to shaft the shareholders by cancelling shares, and then ' anticipates the orderly winding up of the business in due course' given the lack of interest. So why are you invested here? Am I missing anything?