Member Info for TimmyTradeface

The presentation makes me a lot more optimistic about the future of the company than I have been of late. It sounds like the new board really have a plan to get things back on track; let's just hope they can deliver.

Odd that the results are out but absolutely no trades are taking place. I would expect a few here and there...

I'm very pleased. I was expecting more bad news and yet another sp drop (which may still happen when they release results on monday), but this company has made me into a pessimist! It might be a long time before we see a full recovery but at least the company seems to no longer be in immediate danger. I am intrigued as to what these adminstrative changes are, but I suppose we'll find out very soon.

Am I to assume this rns means they are allowing themselves to fundraise across both markets? I suppose thats good news for the UK market as it means dilution will be spread across both rather than concentrated in this one.

I was expecting the usual 11p height after yesterday's news. Bit of a shame it didn't get going...

I agree with your last statement. At the moment I'm trading it, trying to increase my position by buying the lows and selling the spikes. It's worked fairly well so far. Once we get towards commencing manufacturing I'm going to change for a longer term holding as that's when things will get really interesting; also I'd imagine at that point SP rises will be more lasting and not mere spikes.

Bit of a lukewarm response so far. Quite disappointing.

I think the next RNS will be the interim results (27th September last year, so I imagine around the same this year). There was a spike with the last results earlier this year which pre-CMS deal and fundraise and weren't great at all. That might have just been a pump and dump creating false hype, but who knows? I imagine these results will be a lot better so there might be another big spike in SP. In such an event I'll probably sell out completely as my average is around 8p, then see if it drops back to 5-6p before I consider reentry.

I agree. Fortunately this is a low percentage of my portfolio so I'm not losing any sleep. However, if this company is going to recover (provided it doesn't go bust) I think it's going to be a heck of a long wait before we see SP restored, so I'm just going to ignore it for the near-mid future.

That would be a good outcome, for me anyway; I'd actually leave with a profit as opposed to a reduced loss. I can't see that happening though. I still don't think Seafox were ever interested in a takeover; I think it was just an activist attempt to influence operations to boost share price for their own profit (which obviously did not work very well for them at all).

I'd like to say I'm disappointed but I've been expecting nothing more than further doom and gloom so its not such a blow. I just wish I'd sold up in Feb and ran a mile...

I dont know for certain. Looking at previous RNS, last year's was the start of september so I imagine thats when we can expect it.

I wonder if they're just going to put the outcome of the banking test on the interim results.

So weve moved up to the AIM 100. Can we expect a rise in investor interest and thus sp or will things just carry on as they already are?

Just over 7p I'd say.

The US has the added disadvantage of a ravenous army of shorters...

The SP has risen too quickly, and always does in these situations. If you have followed the company since around Feb, you will see that on the release of news there is a huge, sudden increase, then a quick and severe fall. I've learned to use these spikes to take profit then buy back in later; I feel sorry for people buying into these rises and getting caught.

I don't believe the rises have anything to do with the actual relevance of the news. It just seems like each bit of news is a pump and dump opportunity, or perhaps people are just seeing the % rise and jumping in without doing research then panicking when the sp begins falling again.

What I feel we really need as a shareholders is a look at the financial position of the company via a trading update or failing that, at a later date, the results for H1 2019. There were some promising developments with the fundraise, the CMS involvement and the grant from the Spanish government, the benefits of which we have not yet seen come to fruition.

All IMHO - DYOR

I have made a lot from this stock over the last few months, it's just been a real pain in the neck in the process. I probably will keep my hand but with a reduced position; there's no company I'm more familiar with than this one.

I still don't like that we're being kept in the dark about the covenant test outcome. Hopefully they'll reveal all next week for better or worse.

I think on the next significant spike (if there is one) I'm going to get out for good...

I guess we just ride this back down to 5p and sit and wait for the next spike. I'm just glad I managed to profit from selling a 3rd of my holding.

I was looking forward to this afternoon and its all going downhill...