Member Info for TopCatz

Pretty balanced post that Maximus. Thanks and yes risk exposure is the key. Don't over extend on your investment/trade etc and be prepared for the odd hitch/delay etc. It's pretty routine for this type of company.

Interesting to know that IG (I use them occasionally for a quick trade, long or short) have not been taking any spread bets either way for quite some time so if they can't fathom out where this stock is going short term it's widely unpredictable and not an easy call. Either that or they hedge their positions with stock and just can't get their hands on enough without seriously moving the SP

Definitely a better post without the Lucyd heading TL :)

downtrend support line (did i say downtrend!) around 9.25. Should bounce off that. Scope to drift up to about 13.25p. Will need news of some sort to break 13.25p

It will have it's day Trading Lad, irrespective of it's products. These aim shares can rocket on 'air' alone !

I bought some GLR around March time for just over 0.425p and then watched them decline to about 0.225p (almost 50% loss). Bit of hype and they were over 1p in the blink of an eye. Typical Aim story repeated endlessly. It will happen here in time. The measly MC and the portfolio which should encourage lots of news should see to that.

I'll bide my time with you for now mate

Thanks for your reply Steviom. You could well be right. We are now at 10p to buy so have reached the last placement price. Always seems to happen bar a few exceptions. I agree with your comments about AGMs. If there is good news to come it will come as soon as they can RNS it irrespective of any AGM. The AGM will be useful to get an incite into what's going on mind.

Either way, I hope your stop doesn't get hit, for obvious reasons and that you make a fortune ! :)

Hi Sparster. Yes I think so. I've got my average down to 12.5p now and fully loaded. I won't be topping up as I want to manage this sensibly. The way I look at it nothing material has changed other than the Bellescura delay which doesn't entirely surprise me. I can understand why they want to see 15 working units. They want to know that whoever has the financial backing to get this off the ground and I guess to boost credibility before they sign off anything. On the surface it looks like it will come in time.

A recent placing at 10p too so funded for the short term (again no suprise we are where we are because SPs often retrace to placing prices).

Yes it can drift up and down but the market cap is getting smaller by the day and the SP really will multiple with the right kind of news. I think things will change dramatically for Salarius and Bellescura over the coming months. Any boost from Guident would be a Bonus (futher down the line I'd suggest) and the runt in the portfolio, Lucyd ,has been written off by everyone anyway so doesn't really enter calculations

Try not to lose sight of the fact that these guys have built a decent position here. The latest at prices above where we are.

This is copied straight off their website :

Our Philosophy
Edale’s investment philosophy is based around two value added propositions:

Individual bottom up stock selection
Portfolio balance sheet management dictating the overall size of the gross and net invested position.
This is complemented by a rigorous and transparent approach to portfolio risk management.

'Individual bottom up stock selection' whilst sounding like it has something to do with moonies haha suggests they like stock picks that are dirt cheap and that that is how they see TEK. Obviously they could be wrong (that's the risk we all take) but whatever way you cut and slice it, it shows a good degree of confidence.

Oh well guys looks like my stop could be wiped out come Wednesday
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Good afternoon Steveiom. Surely if that's your gut instinct you should be selling now ? - You'd be 25% better off flogging at 10p than you will be on Wednesday at 8p !

Thanks Midas. I m not really au fait with private equity but all useful info. Hope it does well for obvious reasons !

Thanks for thee info Midas. That's useful information.

What was the impact on the share price pre 'delay' RNS - I'm assuming it must have taken quite a hit ??

I can't find any info on Bellescura shares. Is it lisited anywhere or is Midas talking about the crowdfund cube that they've used to raise about half a million quid over the last couple of years. Not sure how regulated crowd funds are but they seem to be a thing over the otherside of the pond

I agree TL - The beauty of TEK is that with Bellescura in the doldrums it would be better to be in TEK with the risk spread about than directly in Bellescura. If you are only in Bellescura you have your whole wedge riding on FDA approval. I'm sure it will come in the end but the Bellescura sp must have been battered by the recent delay. I say all this without even knowing what it was or is. If the Bellescura SP starts rising for no reason and without news we can probably expect something good is on it's way.

Good Luck Midas. You must have the same predicament with Beluscura if you are invested directly because it's missing the guidance there that is weighing on the TEK share price imho so must be even more stressful

Hello Sumo, How are you doing ?

Yes maybe more of a coma, haha, let's hope for a bit of GLR-isque action in the non too distant. Hard to buy these when it's on the move so if the right news drops it will shift in the blink of an eye.

*lose* even

Hi Steveiom - Tiny market cap like this and MM's can do anything when there is so little volume. They drop the price or raise it just to encourage activity. When they drop it and you try to buy you can't anyway which says it all. Probably best just to switch off until the news flow starts. Shouldn't be too long. Don't loose sight of the recent placing price which was just above where we are now. I'd suggest this is a place to buy and definitely not a place to sell unless news dictates.

Tiny market caps can sleep and then spring into action at any time and it looks like this one is having a nap :)

I'd tend to agree with those comments in general TL but I'm willing to be pleasantly surprised. TEK management see something there and the Walmart outlet gives them plenty of exposure now so it has a chance 'If' good enough.

Good plan BB - It will all be here later :)

Nice bit of marketing BigBang. It looks professional which will help and they have a sponsor there too so good (I think)

Way to go TL. Get your price and then sit back, relax and wait for pay day :)