GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
All depends on the accounts - and trading update - At the moment no indication of cash burn or actual sales - Not stockists.
What is also interesting is that Drips and Sparks have changed their accounting date but no accounts yet filed
Company Name: DRIPS AND SPARKS LTD
Company Number: 10093759
Received for filing in Electronic Format on the: 31/03/2024 XD01BP9S
The accounting reference period ending 31/03/2023 is shortened so as at to end on 30/03/2023
Subsequent periods will end on the same day and month in future years
https://find-and-update.company-information.service.gov.uk/company/10093759/filing-history
Thanks - Will wait but not hold my breath.
Hi Nobby - I am confused -
Cannot access his Linkedin profile but Farakh Farid still listed as CFO on the ZED Executive Management link as posted below. Though no notice as when it was updated.
https://zenovagroup.com/team/
Hi Nobby - Miss type - Meant to type NEC - Left. Nicolson. Farid is the CFO and so far as I can tell not on the board
https://uk.marketscreener.com/quote/stock/ZENOVA-GROUP-PLC-125090832/news/Zenova-Group-Plc-Announces-CEO-Changes-44215520/
FD left - Changed auditors - Accounts must be due shortly. Due 6 month from end of financial year if I remember correctly. Nearly upon us. Any chance they will not be ready?
Not made a profit in the last 5 years (Source Stockopedia) Illiquid. Most institutions holding probably under water. Product seems to be in the right place - Thefts - stabbings etc but a cash burner. Where now? Low ball takeover? Institutions locked in (imo) given the size of their holdings.
1,700,000 gone through at 2.35p Overhang clearing?
Perry only had 2,33,000 left (2.19%) on 29th September per rns and well over 12 million traded since then so he should have been exhausted ages ago. Again Tony Crawley (now departed (Resigned on 27 June 2023 ) had 4,935,000 4.64% so (imo) does not explain current torrent of unloads. So still at a loss to guess where they are coming from.
Products promise much but need to see real traction when next reading update issued or might do a SED.
Share price has fallen by some 43% (source Stockopedia) over the last 3 months. Whoever has been selling must have taken horrific losses compared to the placing price of 19p or approaching a 50% loss -v- the placing at 4p at the end of May 2023.
Why? From company web site products and test results appear excellent.
Could it be marketing weakness or competitive products have better traction.
Confused, as if the saying "The trend is your friend" is correct the slide could continue
Thoughts/views.
Not sure that the post close post of 750,000 was a buy - More likely a late mark of earlier sell.
Looks like the overhang is still with us as some 800,000 traded already today - More than 10% of company traded yesterday - What is up? No holding rns yet.
By the way what is the company's unique USP that might give it an advantage over competition - Not lear in the webcast.
Share price still falling - Users/subscribers appear concerned about both spamming and problems with financial data for some shares not being promptly updated - However still seems to have many loyal users as L2 and basic trading data fit for purpose.
Question. Could reduced market cap make it a take over target if and when financial services sector is thought to have bottomed.? If so at what sort of level?
Thoughts?
You cannot sell something that has not got all the necessary approval BUT you can identify the potential buyers - the decision makers and the key influencers on the decision makers and get them really motivated about the product USP's so they are just waiting for approval by the regulators to authorise the product for use.