Member Info for TopCatz

Do the warrant holders pay the $7.50 to exercise the warrants?. If so the implication is that buying at $0.9 implies a punt that the SP will be north of $8.40 to make the conversation profitable.

If so that sounds reasonable to me. It's the runt of the litter so giving us a good schooling in what to expect from Salarius and Guident !

Morning all

Yeah, the warrants are something everyone needs to get their heads around going forward. Still not 100% sure I have to be perfectly frank.

TEKs tweet implied that taking into account the warrants and the basic share price that the LUCY sp is holding up. Obviously a few large contract RNS s now they have the funds to excel production will help build value there.

My undertanding of the warrants and please correct me if I'm wrong is that if they're trading at around 90c then this implies confidence that the share price will be North of $7.50 before expiry. (I'm working on the SP has to be $7.50 to exercise them), ensuring a higher valuation before dilution so negating the effect to a degree and also funding LUCY and providing more working capital).

Sound right. I'm not 100% sure on the rules regarding exercising them

Good note that Sea. Exactly in line with our short term forecasts 40p and then 50p. More news required to hit higher targets.

Best

Thanks for posting that Chile. That's pretty informative. Sounds like the LUCY SP held up when taking into account the warrants. Once the book is closed it should theoretically only go one way but that remains to be seen.

To be honest LUCYD is just a side show for me. I'm just glad they got it away. Remember a year or two ago, we thought out of the 4 portfolio companies that this was the worst. Still do so, great things to come here.

As far as trading goes, anyone can do what they want. I'd prefer real time posts though for buys and sells. Much better for a BB to do it that way. That way we all have to suck it up when we're wrong.

I'm still predicting 40p inbound shortly, with lots of news once the LUCYD float is concluded. 28p should be a floor with 25/26p as a flash crash sale.

You take your chances whatever way.

GL all

Exactly CM. They ll have a plan and the news flow will start again with LUCYD. No coincidence that we haven't heard a peep out of them for yonks!

6.2o now. Clearly holders (presumably crowdfunders exiting with a handsome profit). Once they are gone there should be no selling pressure. Let's see where the SP settles over the next few days

Not once, not twice but 3 times a sunny day. There's a song in there somewhere :)

Let's hope it does the trick Genki. Countdown to open. Let's see if we get any clues today. Expecting to close the book on the 17th (end of day ?) so a few days for us to work it out

Good morning Agricore

The market doesn't believe LUCYD float will be a failure. The Charts are maxed out so little headroom for a meteoric rise.
IMO the rise will be factored in but over time. Besides the day has only just started. The sell on news brigade are exiting but TEK Sp firms up during afternoons for some reason.

It may well be that completion gives it another kick and TEK like to update on all companies at times. Old timers have seen it many a time.

I'd reiterate 40p as a short term target and 50p inbound. News on Microsalt and Guident due.

Good luck. A few strong weeks of buying and we might even get a Golden Cross (a very tasty chart indicator). Fingers crossed

Morning Weath, Sea, IP3LY.

Yes still holding a very decent chunk :). It's not going to do it in one day but we should see 50p at some point fairly soon. £1 not a dream once Microsalt and Guident ramp up.

Still got $3000 in Microsalt through Microventures IP3LY - with the company valued at $4.5 million. That's going to be a spectacular return next year by the looks of it. All mapped out through TEKS business model :)

Just think about the Euphoria when Microcsalt floats. I think we might be in for a portfolio update this week and 50p by end of next week. Fair value in my book

Enjoy

Hard Cash equivalent on the day LUCYD floats will be 40p (LUCY & BELL) assuming no rise.

Got to be looking at a value of about 50p with an ultra conservative add-on for Salarius and Guident until further news

Any LUCY or BELL rise, or news (Salarius expected very soon) and more.

Very cheap still :)

Thanks for posting. I'm not too bothered about the launch date moving about a bit. The initial reading did say 'around' - Just good to see it didn't get pulled so the intention is still there.

LUCYD will have news to deliver soon too I reckon. Been a while and it didn't take BELL long to crank up the RNS machine

Does anyone know if there was a lock in with LUCYD IPO proposal and whether it was 6 months or a year if so.

It worked nicely for BELL, up to a 200% gain before falling back to an approximate 100% gain. With the higher cut to TEK on this one anything anywhere near BELLs traction is going to yield a lot of money in a very short time-span here.

I might be getting ahead of myself. Got to get it done first ! :)

Strong day - I can dump 150k in one dummy trade so clearly buyers in the wings. I think we'll finish up today. 35p anyone ?

Good find Mogli. It was the same with BELL. No one believed it 100% and then an RNS dropped. It may have even been after the IPO was complete. I think it's not unusual to have a good percentage already pre sold, at least in principle. Saves a lot of embarrassmet and very likely why they pulled it before. Excellent news

Stake building I reckon TI - Been going on for ages., just a little here and there to ensure the SP doesn't get out of hand

Hopefully we'll see a TR1 soon

Regards

Afternoon CM

The LUCYD IPO will light a fire under this. 2 out of 4 with Microsalt going next year for a decent premium I'd have thought. Sooner rather than later please for LUCYD but I'm guessing September. I won't be grumbling it it's before !

Morning Sea. It is the Daily Fail. When have they ever reported anything worthwhile ! :)

Always good to bank a bit of profit Aim. what price did you get ? I can only see 1 sell after 2.18

Morning Lord LOL :)

No-one has a crystal ball here so who knows. I'd interpret backed in globally as priced in myself but you're opinion is at least as valued as mine of course. We all make our own calls at the end of the day