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From a selfish point of view, I hope the bid price is at least 65p so I can slightly make some profit on this lol

Regardless of any sale or cash raise; the minimum they would have to bid is 85p. I’ve been reading up on the UK takeover code. A bidder must not bid at notes than the highest price paid for the target shares in the prior 6 months.

Happy to be corrected.

What do you guys think the offer will be, at minimum?

Managed to buy some £1.16, let’s hope for a recovery.

Glad the TR1 came!

I am fully confident this will come back up. I was in JD when it was £1.08 but sold at £1.35. Bought INCH yday and currently 10% today.

Patience is a virtue :)

Cosmen’s have been shopping this week!

@pumpky - that was the cash position at the end of December.

I topped up yesterday bring my avg to 61p so I feel for those who have much higher averages.

As many of you have said, the outlook looks positive especially with the new CFO coming in.

Good luck all.

I also have MCG, and like you bot, I am keeping it in.

Trust it will come good in time.

I honestly did not expect this when I bought in a few weeks ago. I was panicking over the weekend due to the instability caused by the Iran strikes. I felt CCL is overexposed to the geopolitical situation, thus sold out yesterday (at a loss) and bought INCH.

I wish you all good luck.

Morning all,

I’ve had time to reflect on this morning’s news. The results are positive especially as the flow will increase by 6 to 12 times in the future.

However; the main concern for me is future placings. My reason for that is, the RNS states ‘ It is anticipated that the flow test will be concluded at an estimated cost of circa US$14.5 million gross, due to the additional length of operations.’. The last placing raised less than this, hence the concern about a placing in the near future for resource estimates etc.

Good luck all.

Agreed - I think the war is priced in. Although there may be a dip tomorrow.

The only way the war will impact CCL is through increase in oil prices. However, mid to long term, this is destined to increase in SP.

I think given the CPI report, there will be some more pain before the upside as the reduction in interest rates will now be delayed.

Absolutely second that. An opportunity for newcomers to get in.

They obviously know what the results will be like. The management are little tinkers, I like them. 😉

I agree, patience is a virtue. On that note, I have just topped another £2k.

I'll be honest, I was in until Nov-23 then sold on the spike as I needed the money. I then missed out on the lift of the clinical hold as it shot up to 6p and I believed that I never see a good entry point again. As many investors have stated, let's see what this quarter brings.

Thinking that my buy of 1.8p was a bargain. However, will continue to hold and a surprise will come along I am sure. Hopefully great news!

Thanks botbot!

Out of interest, what do you do workwise? You seem like a pro trader lol

Hi all, does any of the long term holders or the most researched know what the MC was prior to Covid Levels? Has there been any dilution since or prior to Covid?

I bought £20k worth yday (JD profits) and hoping to keep it until the end of summer.

Thanks in advance.

That is helpful to know Falconer, so do you think it will drop on Tuesday to fill the 5.46m order?

Have a good weekend et al.

Hi all,

Been a while since I checked in but let’s hope for a sterling Q2 from next week. Funded and clinical, the only way is up despite the current SP.

Wishing all a great Easter weekend.