All credibility went out of the window with the investment in Igraine, another investment company( ! ) whose main claim to fame is having a stupidly large percentage of its portfolio in the non starting Excalibur, hence paying someone else to replicate the same mistake they made themselves. Couldnt make it up really.
Every single holder here has bought in at above the current ask and every single non holder thinks the current ask is too high, hence only sells. Impossible to sort finance in these circumstances. How did they ever get themselves into this position?
Don't even know what they are trying to achieve with it, they just buy them all back in a couple of weeks time. Easy to see, look back through the buys/sells history.
Could a company wait until after good news to do a placing? Nope, selling here suggests placing to come at 2p then sold on after permit granted for a bag. At least its obvious what to do here.
Timescales in years, renegotiation of 51% Iamgold arrangement (route to formalising 51% interest currently being reviewed, lol), testing already identified targets, yawn.
with proper products, the requisite patents and a slow but steady record of signing new deals. To think it may be placing at a 75% discount to sp from a few months ago is shocking. All down to a big mouthed rns about needing funding to reach profitability. The other 99%m of AIM see no reason to trash their sp by putting the blatantly obvious in black and white so why did these jokers do it? They are far less in need of funding than most others who have the good sense to stay quiet. Unless of course it was done deliberately......
RE: Another day and rock bottom sentiment11 May 2022 15:00
Id be celebrating if Id bought in at 1.1. Problem with folk emotionally tied up is they think anyone who disagrees with their view is a ramper/deramper. For the record, my view is neither foolish nor un foolish merely an observation of fact.
RE: Block sells back to suppress the SP9 May 2022 09:33
Here we go again, 70k block sell first thing. 100% certain this is nothing to do with ordinary trading. Pure manipulation, to what end I guess only a very few know. Only positive for me is despite all the sells it is nudging up a little over last few weeks. My hope is its being done so there is a rapid rise on granting of permission to provide services in UK.
Every day without funding confirmation5 May 2022 13:18
the SP falls. Every time the SP falls the funding solution becomes worse. The BOD need to get their thumb out of their bum and sort it out before the company disappears up the aforementioned orifice...
Keep coming back to Igraine investment5 May 2022 12:59
All mixed in with Excalibur after seemingly failed commercialisation of Covid-Diabetes drug. Surely something afoot here? Waiting for a signal, but all there ever seem to be of any note is large(ish) sells. Perhaps the tipping point will be buy in level so low it becomes irresistable?
Block sells back to suppress the SP5 May 2022 10:20
Cant be bothered to do it, but I reckon if you tracked back several months and added all the block sells up they would not be far off half the issued shares of the company. I simply do not believe the seller has the shares to sell. When this eventually finishes the price is going to react dramatically.