Member Info for TimmyTradeface

It feels as though the price doesn't move much on buys, but even small sells drag the sp down. I could be wrong though. If its City Financial that IS the major seller, it would be great to see a reversal once they have no holdings left.

My other belief is that once City Financial (or another mysterious big seller if not CF) have no holdings remaining than our sp should be able to rise independently of the nasdaq. I won't estimate any numbers.

That 4 is my average value, not the current price.

Ah I see the confusion. Yes the USA division was sold last year, but it is still listed on the Nasdaq. When a stock is dual listed across two markets, the SP should be as close as possible to prevent arbitrage (buying stock on one market and selling it on another). Until the 8th April stocks are not transferable across the two markets so the stocks do not need to run parallel so the disparity will not correct itself. The reason we are focused on the Nasdaq (requivalent to roughly 20p per share) is that it is currently over three times the value of the LSE (possibly due to City Financial selling away its holdings which is keeping the SP down (that is a guess of mine, not fact)) so when the 8th happens, the stocks should meet somewhere. If the Nasdaq has strong support at a high level we should rise to meet it; that is why it's important the Nasdaq stays up. That is my appraisal of the situation; I am not saying the stock WILL do this or WILL do that but that is why I personally am holding at 4pps. Happy to show my workings out;.

It's good to know you have been following events intently Euro. On the 8th April parity will occur between the LSE and Nasdaq; the latter of which is currently equivalent to around 20p. But yeah that doesn't matter because this will be 3p by friday for some wierd reason... aliens perhaps.

2 Zac. Either that or he is a vastly successful trader who knows a lot more than we do and is trying to guide us for our own good. If that were the case, I'd prefer a bit more technical analysis; as they say in maths class 'show your working out'.

This feels like we're trying to fill a barrel with a hole in it. The frequent 50k seller (possibly CF) is the hole and the buyers are trying to keep the barrel full. The support seems to have risen from 6.2 to 6.4 so it's not all bad news.

I wish City Financial would hurry up... the Americans are having way more fun. Im just hanging on for the 8th April.

Seafox were after 25% but not above 18p. Do you think theyll start buying again to increase their stake?

Ive been watching that, it's mostly rampant ramping as opposed to constructive debate but there's some useful info there as well as an idea of the sentiment there.

Cousins doing better today (for now); I know until the 8th April that's irrelevant but the higher they can stay up in the interrim the better when the parity begins.

Lots of sells of a round 50000 shares. I wonder if they are the same entity or if its just coincidence. Either way, it'll be good to see the back of them...

Looks like were heading back in the right direction. Would be nice to have a bullish finish but the day is still young...

I know but it you are despicable enough to do it, at least make it plausible...

Into the 3s? So SP will be lower with the new partnership and further funding to continue its pipeline developments than it was when it was on its last legs seeking funding to save it from going bust? I'm not sure how such a situation would arise but im sure you can explain, Eurofil, as you are such an expert.

Until they declare pursuit of this loan I cant factor it into my judgements, its just speculation even if it is highly likely. Re: the rns; its exactly what i hoped it wouldnt be which is GMS saying Seafox is wrong, so its back to square one. Its like a pair of kids throwing the blame at each other.

I'm still undecided. The current BoD haven't done the best job exactly, but at the same time I'm slightly mistrusting of Seafox's real intentions.

I didnt just mean make profit on trading the stock. What im saying is its a business move, not an act of charity to other investors. Whatever Seafox are up to, theyre best interests are first and foremost. I just hope their actions genuinely benefit the other shareholders indirectly.l and theyre not just tricking us into supporting them.

Personal gain is their end game. We can't pretend they really care about the other shareholders. We just have to see how we can benefit from their activity. What do you estimate is the average sp of their shares?

Could anybody with a knowledge of the history of the company explain what happened in 2017 that caused the SP to half? I've been looking at past RNS but can't find anything definitive. I'm just wondering if they can potentially pass the obstacles that would allow them to return to such heights.