Member Info for threeputt

you have to remember they are running an operating loss too currently, cash burn my fear also

I tend to ignore trades, they can be anything and are often there to deceive !

lol

shorts closing end of month ?

"Funding In its 2016 preliminarily results announcement in December 2016, the Company announced that following the fund-raising in December 2016, it would require long-term funding and, without undertaking alternative corporate transactions, the Company would need to undertake an additional fundraising. The Group is in discussions with a number of potential parties about securing long-term funding and existing stakeholders about restructuring its capital structure, with the aim of completing this in the coming weeks. There do, however, remain material uncertainties around the ability to secure financing that may cast significant doubt about the Company's ability to continue as a going concern"

you didn't research much before that comment then, "Cash and cash equivalents of €3.4m at 31 December 2016 (31 December 2015: €3.8m)" maybe they had a preference for shares in lieu of cash, expecting them to be worth more in due course

not in my eyes, £10m rev contract on annual revs of around £300m ? This is more about an exercise to prove to Gatemore they are moving forward imo

well we have had a drop on the leadup to the vote on Obamacare, does this mean we can expect a rise here on Monday with its defeat ?

if it wasnt for that debt mountain I was really interested here, I guess it may be priced in but £5m debt at half year is a no go area for me. Gl all

and with that mcap and another big loss looming (with no mention of losses in the statement) I would think you are likely to be hit hard here today

"The company put out an excellent statement I thought this week. It is in the hot area of payments and has a mountain of cash. On top of that it sensibly tells us likely profits to base a valuation on - and it is moving to secure higher quality customers - and it has also massively raised the dividend. The share are tightly held so a bid might be difficult but surely one or two payment firms must be taking a look? "

negligible profits and a £90m mcap, I would say the market expects as much and more from Eckoh

don't tar all pi's with the same brush :) been here since 68p :)

really like the way Richard has simplified the company since he took over, I've missed out on gut feels in the past and this one feels right, I also see Hargreave Hale are in heavy and have a good record on microcaps Profits from the past help too ;) gl all

right now it's not more orders they need (although always welcome), it's a resolution to the funding dilemma. I do like this long term with all the orders in the bank but all this can kicking isn't going to calm investors nerves, maybe they are thinking one of these orders is going to release enough cash by the end of April to avoid the need for additional funding

they haven't had a need to raise cash for many a year so I have my doubts that is the reason for the drop, if there ultimately is I shall be writing to the FCA asking them to investigate the larger trades made today, it shouldn't be too difficult to identify them with this illiquid share Let's hope I am barking up the wrong tree but it was a good rns to me and he drop is very odd

have to laugh at those who buy and sell for a loss within a day chasing spikes, our 8222 lemming just lost over £400 in half an hour chasing this one, mms will eat them up and spit them out all day long Been here for a while now, tempting to average up

shan, good to hear your thoughts, they match my own

I was pleased as punch at getting the lowest price yesterday at 4.5, now it seems I could have sold for 5% profit and bought back even cheaper, such is life, do I double up that is the question

I agree, sheer lunacy, I counted at least 10 who had bought around 5.50 - 6.50 only to sell within 2 hours at a loss, some of them substantial - have to lol, just chasing spikes