Member Info for ThePunter1

"@ben totally free, what's important is the number of new shares as a percentage, 25%, so the price should simply be adjusted by 25% which is £2.25, then it can climb from there"
No, what is important is the take up rate on the new shares. Why would somebody pay 200p if they can get them in the placing at 80p? Until we know if its fully subscribed its hard to value this right now.

"Dilution was around 5%"
For the love of christ why can nobody calculate percentages!

Bench, please provide us the relevant extracts from the RNS that backs up your statement that "an institution got there £7m worth of shares @80p"
Sorry mate, thats getting reported. Stop misleading people.

Actually thats not strictly true. If the placing is oversubscribed then the SP is unlikely to meet the placing price. I cannot see this dropping as far as 80p imo.

quoting technick
"this will end back above £2, I think a lot of people will regret selling. Why, because the fundamentals remain identical"
Erm, the fundamentals have totally changed. Did you not read about the share placing?
Sigh

WTF are you talking about. We dont know when the placing will be issued or how well it will be subsribed. Its borderline impossible to put an estimate on a fair share value right now.

Tell me about it Trek, whilst these stocks are making people a lot of money I fear its costing some people too. Sadly they get taken in on all the ramps and fail to consider anything else. I guess its a hard lesson learned but I have been muting the de rampers and rampers in equal supply. We had somebody on here this morning asking how to calculate a market cap ffs.

GIve up bench, people should wait until the dust settles. You have done enough damage with your story about people investing their last £10k. I feel so sorry for people who got in on this mornings spike.

"Its the equivalent of 3.4%, which is circa £0.09 impact to the SP - its nothing!"

No offence but which school of maths did you attend? There are currently 35 million shares in circulation.

The RNS states

8,750,000 new ordinary shares ("Placing Shares") at a price of 80 pence per Placing Share (the "Placing Price"). The Company also announces a proposal to raise up to a further £1 million by way of a broker option through the issue of up to 1,250,000 additional new Ordinary Shares.

Thats 10 million shares.

You do the maths! Or actually perhaps you should use a calculator. Its a damn site more than 3.4%

Can you not read? Its a lot more than 1.2 million extra shares.

Never invest all of your money into one AIM company. I guess Bigbench had better get back on the phone. Hopefully the placing will be well subscribed and not ruin the current SP too much but 80p is an absolute joke.

Given the rise so far its to be expect to see profit taking at 300p, just like there was at 200p. Then hopefully continue the strong march upwards.

Because its wholly irresponsible to advocate people investing all their spare money into one AIM stock.

Yeah great its come off, but in reality pretty irresponsible your only £10k into one AIM company. For few that succeed many fail.

As usual I am expecting a post 8:15am retrace. Hopefully then it will start to reach new highs. Why people want to buy on the mornings spike is beyond me.

Not sure, but hopefully further up.

"the Genedrive HCV ID kit is the first portable point of need HCV device to have received WHO PQ"

Thats added a LOT of value here imo.

Topslice should equal 27.19% of your holding. A little less is fine, but certainly no more, because if you do all the rabbits will die.

Go on then humour me. In your head what time does the market close then?

"At 5.07pm today someone bought £56k worth"
I can assure you they didnt.

Bye then.