Member Info for THGambler

Too many sellers out there it seems for this to move up. Hopefully just clearing them out and next week we move up.

Obviously a few newbies here that are forgetting we have no cash. Hence why they have been selling other investments at losses. This is just my opinion but they should have 100% been selling into these rises. i wrote a week or 2 ago that just 100k shares sold in CDT is enough working capital for well over a year. We had 30k at the end of sept which has undoubtedly been used up so they must have sold some other shares at a loss to cover wages and bills etc.

CIZ and VELA would appear to be able to get some decent cash out of the shares in CDT yet both SP have not reacted at all, seems a bit weird to me.

The BoD have a good opportunity to try return sentiment to this share. The last handful of RNS have been largely positive (exercising option, quarterly report and the Cooke holding increasing) and they have an opportunity in early Jan to release the quarterly report for the last quarter 2023. That quarterly report could potentially report over £1m added to the investment value (providing it stays roughly the same as now @ £8m). That would provide further positivity. My concern is they will wait until March to release that RNS. Apologies for the long message but this would be my tactics to try and get Shareholder value (Providing CDT either stays in the same range or goes up):

Jan 2024 - Quarterly report for Q4 2023 and report another £1m added to the investment value

Jan 2024 - RNS to state we have sold a chunk of CDT for large profit and successfully recouped our initial investment of £2.75m and left £3m worth of shares in CDT.

Feb 2024 - Release a new clear investment strategy

Constant positive new flow is what is required to get us back to fair value. ALL IMO!!

We don't have any cash so not likely.

It was sarcasm, but you did question the BoD actions and what their plan is. Which would require them to communicate that with SH. If you really are a LTH you will know that will not happen. There must be a reason why our SP does not correlate to anywhere near fair value......

Sounds like dull critique to me Hogbog.

Mcap - £4m

Value of investments - £8.2m

I didn't want to say it Bouncer for fear of being cast as not being positive enough, but that is the only explanation i can think of. I read somewhere that we have to remember that the price of a company is just how the markets perceives its value.

Our value is clearly calculated as half what the investments are, and widening with every drop in our SP and uptick in CDT.

Crazy times

Thanks Ltd Axis. Been banging this drum all week and it just doesn't make sense why our SP isn't moving.

At time or writing our sp is at 0.0233 and with CDT up again so far today our MCap is now less than 50% of our investment value (nearly £4m less). No matter whether fair value matters or not that gap is way too big.

Ok lets say that fair value doesn't matter. What about the RNS today suggests the price should be 5% down?

Looks like time to switch off for the year. The market has gone mad. We are down with little volume even though we have:

- a quarterly investment update showing an INCREASE in investment value by 15% (£900k)

- over 1m shares in CDT valued at the time of writing at £4.9m

- We have an overall investment values of around £7.4m

- Valued £3.5m below investment value

- No debt

Yet we have an SP at the time of writing of 0.0236p (DOWN 5%) giving us an Mcap of £3.86m.

I am not sure what else the market wants.

BigDave, yes it looks like that. cash balance decreased by 4k over the quarter but we have sold some ENSI for £102k so adding the two together we have £106k spent on something. Not that we will ever find out what that is. I genuinely have no idea how many shares we actually now hold in a lot of our investments.

I know still early but wow. We are down on this news lol.

You are correct LtdAxis. I have been saying this all week. Hopefully now it has been RNSd the wider market will take note and we will finally see some proper movement toward fair value here.

Hopefully a reaction to adding £900k to investment value along with the increasing investment value in CDT.

I know talking about the fundamentals doesn't mean much according the SP but to add some context here:

1 week ago our investment value was circa £5.5m and our Mcap was roughly £3.25m

move onto today and our investment value is £7.3m (an increase of £1.8m) and our Mcap is £4m (an increase of £750k)

At the time or writing we are valued circa £3.2m below our Fair value. Or to put it another way we are valued roughly 55% of our investment value.

What had happened before was that the BoD included the original £2.35 investment in SGSC in its non current investments. Obviously the fact nothing had happened with AZ1656 the market had written the investment off (and fair enough at the time). So we were technically valued below fair value. I thought, like others that now we have a value we can attribute to the SGSC investment and that is now live the market would then price that in. But looks like the market still aren't convinced. Its astonishing as many will have seen stocks like MODE (R8) did multiple of their SP in a day on nothing but a rumour and terrible fundamentals. We have factual values and zero debt yet we can't go up more than 10%.

I think you are right Deacs but that is also the problem with VELA SP being so low. it has not risen to anywhere near fair value yet if CDT dropped VELA would also drop.

Mcap - £4m

Investments Value - £7.3m

(at time of writing)

CDT has had over 2m shares traded over the last 2 trading days. I would personally like to see an RNS from us stating they have sold some shares while the SP has been over $5.

Let's hope so. Vela added over £2m to the investment value in the last 2 trading days

Um not quite, a decimal point out i'm afraid

0.000450