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Every spike in the last 3 years with NNN / RMS has been heavily sold into, and will continue to whilst there are just these jam tomorrow RNS'. Without solid contract news and revenue its just trading fodder.
I posted about this earlier. It's been down for a while, websites security certificate expired 9 days ago. Still the case.
Little off topic but the Volz website has been having issues for a week now. Security certificate expired warnings on Chrome, Edge and Firefox phone apps so can't easily get to the website. Not a good advert for the company.
There is no gold NG1, other than the £16k per month salary Muffin is paying himself.
I personally dont think Muffin has been lying, he is just out of his depth here and stating timescales he simply cant meet. The lack of comms is alarming though, either good or bad news. If there are problems, whether they are technical, manufacturing, certification or just the wider economic outlook then let the shareholders know.
If Duffin has gone thats good news
So it was Lanstead selling then.
It was reduced to 10% due to the Lanstead deal dilution
Wouldnt there be an RNS if Lanstead were reducing their shareholding?
NNN are no longer in the mask business so its largely irrelevant. There was little interest in our mask when it was in production anyway.
Cave and Lanstead have about 30% of the shares, you'd need them on your side to stand any chance of that happening.
Duffin probably already started his Xmas hols. Nothing to see here until next year.
Response from who?
I think if they release an RNS this week it will be neutral or bad news, bury it just before the xmas and new year break. I suspect any good news (Volz / contracts / development deals) will be in the new year. If no good news this week then its possible there might be a director buy to prop things up. Whatever happens Duffin has promised a lot by the year end so this week is important. With zero news its just a gamble buying into this at the moment.
Just IMO.
You're * I'm just as bad lol.
Your missing a decimal point. This share has never been anywhere near 27p or 32p.
0.27p and 0.32p
Can't see any news coming until next year now, maybe mid to late January. Zero news for months now, whole thing seems to have stalled. Muffin and Cave should be ashamed of themselves for treating shareholders like cr*p with the lack of comms.
Nanoo and his former identity on here Goldd used to blow hot and cold with this share, one minute positive the next negative.
Using a law firm for advice whilst doing a deal is standard practice I'd imagine. Doesn't have any bearing on whether the partnership will be a success or not.
Castle can book another holiday with that 0.0007p profit I reckon :-)