Member Info for Tex2374

Interesting set of late reported trades……

I did wonder if it was a free trading site Tully, but the volume and size is crazy!

Anyway., they seem to be supporting a positive movement so happy days!

Anyone have any idea why there are so many under £100 trades?

Very very quiet. Seems locked into the price range now.

Personally, I don’t. But I had/have more faith in the new team built up and the new Chair. Hopefully they have now go everything in order.

There seems to be a lot of hype building about imminent news, I am not sure why but let’s see.

14-Jan-22 09:32:56 17.94953 506,213 Unknown* 90.86k O
14-Jan-22 09:32:56 17.00 -345,991 Unknown* -58.82k O

Came through earlier so seems it was cancelled.

I was looking at that RNS itisagame but to be honest I don’t understand how it can be. But it is definitely the same transaction.

Interestingly. The same amount came through earlier as a cancelled trade @ 17p. There was then a larger trade of over 500k shares at 17.9p (I think)

Very odd.

2 x 1m share trades Friday afternoon. Both @ 22p.

Someone throwing £440k at this, clearly they know something.

US investment maybe? Let’s see if they return tomorrow.

My unnamed source said 30p minimum. :-)

… so many unnamed sources around….. guess we will just have to wait and see.

I like the list Alamo!!!!

NHS is 50% of the records. Rest are from the US with the potential to contract another 22m.

As for the quality… who knows? The fact they have expanded the pipeline from 25 to 75 oops since the end of Oct would be a nod to the quality and the AI being ‘ok’.

But we just don’t know. One thing is for sure, it will come out in the DD which will now be accelerating.

Drayson trying to get this on the cheap, Other parties will now come to the table at the current Mcap level… the NHS and other data set tie ups gives this some substance as does the launch of SENSIGHT and 75 prospects in the pipeline. .

I hope he gets shafted, this is a good company badly run from the top. Seems he set his stall out from the start with his listing bonus he forgot to notify shareholders of. That cost the company £400k in fines….. the more I read the more I dislike the guy… I hope this gets snapped up and he is kicked out.

Could be a nice Monday from 21.5p

Interesting to look at who jumped ship. Of the major shareholders the only big one seems to be Amati who dumped £1.4m in shares @ 20p early in the morning.

This was the biggest dump, doesn’t seem as though any other major shareholders jumping ship, but there were some big sells. Seems to be mostly PIs running for the hills.

No idea what was going with the 345k of shared dumped at 17p, I think that will be the worse trade of 2022 so congrats to the broker for that one. The share price never got below 20p and you could have sold that qty in blocks throughout the day and got about 50% more than they did…… That trade sums up a crazy day. I am sure many will be looking a little closer at the RNS over the weekend and scratching their heads about a 70% free fall.

Potential suitors will be having a busy weekend!

Hallow has bought back in expecting the next move up. ;-)

Have a good weekend ;-)

Exactly.

Let’s see where the sp is in a weeks time!

Agreed, I don’t think the RNS is badly worded, people have insanely over reacted and sold at crazy prices. I think many were caught out with stop losses, the MMs have filled their boots.

Once the bottom is established (seems to be about the current level) and panic subsides people will take stock of the situation.

If it was over priced for sale previously, not it is now very affordable. Future business and rev expectations seem solid and it is a good bolt on business for someone.

Completely oversold. Now bottomed out at low 20’s. It will start to move north next week as people realise that this company is going to be sold and those interested have been given a great purchase price over night.

No idea what the price will be, but not £40m or less.

Given the company was being touted for sale with £125m Mcap and given those discussions over the last few weeks have made a step in the right direction as there are parties under NDA, you can imagine today is pretty busy for Morgan Stanley given the new current £40m mcap! Anyone even slightly interested before will be accelerating DD now.

Not sure the new loan facility they are looking at will be required. This will now get sorted very quickly and the company with be sold or a MBO.

The Business and strategy hasn’t changed from yesterday, nor has the outlook, they have just mismanaged their running of it and cashflow. What an opportunity the interested parties have been offered!

“ Over the course of December 2021, meetings were held on a non-confidential basis with both corporates and financial sponsors and progress was made on both management buy-out ("MBO") and non-MBO options. The FSP has now moved to the next phase where a number of parties are having more detailed discussions with the Company under the terms of non-disclosure agreements”

Yrab- bad management? If that is the case but there is a solid business underneath then someone will seize the opportunity provided by, bad management.