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Morning all, some good buying kicking in now after last night's presentation.

Nice and steady moves upwards on the cards now.

There really is no rhyme nor reason for a 10% official spread - 0.3-0.33p makes no sense at all. The MM's are a cagey bunch at times.

Yes, I suspect it's the placing shares being unloaded as well Jollifant - still holding above the 0.3p mark on the bid so at least support is still there.

Looks like a quiet day ahead of tonight's presentation. Volumes pretty minimal so far so not much to go for.

Roll on 7pm.

Moving on up now on renewed demand. All is well!

Agreed Tricky - but is it one of the old mm tricks, where they will mark it down further on any selling because they want stock to fulfill a big buy order?

Are they short? Who knows? But, I agree it's very frustrating when steady buying has no effect on the upside but the same amount (or less) selling sees a markdown - early doors let's wait to see.

Morning all - looking forward to normal service being resumed today, and of course the presentation this evening.

Technically I thought yesterday showed very strong resilience bouncing twice off the 0.3p level with some strong buying, so if we don't move forward much today ahead of tonight, we shouldn't be falling back much either.

I wonder if that 22.7m block sale is tied up with the placing shares being sold forward?

Once that's all worked through the system I would think 0.3p would be the bottom here, let's see if we bounce off the days low reached a 2nd time, again this afternoon.

No probs Jollifant - we're all in the same boat! So, called down to the 0.3p mark and then bouncing, so gives a good indication as to the mood out there. I think it was just traders, pure and simple, playing the margins between 0.3p and 0.36p. May be a little difficult to break above the 0.36p level unless tomorrow of course offers up a nice juicy bomb in the form of some very positive events coming.

I think we can all agree now that the placing level of 0.3p, despite the very mild dilution, offers an excellent strong support level going forward and anyone can buy with a good level of confidence at or above that level to await further developments. Just wish I could have got more than 100k this morning that's all, but rather balls deep here at the moment. I might ring Rachel to see if she can lend me a few grand instead of pouring it down the drain.

Well put Vinyl, it's just unrealistic to expect the sp to continually go up without pullbacks.

And a bit galling to be accused of selling when I'm actually adding!

Er, no actually. I just purchased a token 100k.

Nobody can expect anything to go up in a straight line, it's just common sense. We've had 100% in less than a month and it's natural for many to take profits, next thing you have to do is try and work out how many sellers there will be, and at what price they will sell down to to try and time an entry point. If you think about it, it's a healthy move actually. The more it rises without pullbacks, the bigger the fall when people decide to cash in. Nibbling a few here and there on the way down is sensible policy in my view.

Doesn't look like it at the moment Tricky, maybe it needs to go sub 0.30p before renewed interest kicks in.

Not a big deal though, we know what's round the corner and a lot of people will be keen to hear what transpires tomorrow. As was said, "let them take their profits" - the bounce will come but this just looks like a simple down day.

Having noted all that, there's hardly a big fall in the sp, will be interesting to see if the dips are bought this time, or if the sellers will get the upper hand here today.

After a quick 100%, inside a month, it's feasible we slice off 10-20% or so with natural profit-taking, say down to 0.25-0.30p, but of course a lot hinges on the presentation tomorrow and news of any partnerships going forward. I think those wanting to add ahead of the next news will be watching the price movements pretty closely over the next few days or so.

Andy - straight down the M4, turn off at Heathrow, Terminal 4 or 5 and see the nice lady at the ticket desk.

Don't forget to book first class as well !

Morning - thanks for that professional slant on the issue VikR. Usually, aside from doing our own research we rely on analysts and the like or financial commentators, so it's a nice refreshing change to have an "inside view" as it were.

Onwards and upwards!

Buys twice the amount of sells, dips being snapped up, so the drops and mini-panics (by some) all being dealt with in a good way.

Still think we'll at least breach 0.4p very soon and possibly 0.5p by Friday after the Thursday speech.

Watch the sales get snapped up again.

Every single sale - and more - bought back almost immediately. Sellers currently are throwing it away.

Possible we could see 38-40 today as interest builds.

With all that's coming can't see the point of selling any at these levels, but it's healthy two-trading which makes a market and the trend here is firmly up.

Agree with that Llama, expect for one thing. I think we've got this week to add under 0.5p. Then, that's it.