Member Info for Toze

Hi Cronkite Thanks for your input.
Where can I access the short data ?

I am new to Cairn and read relevant RNS’s and this board, still cannot work out why the sp has been declining so much, considering the RNS dated 15 Nov being relatively good and sp stand still !

Could someone throw some light into this ? What is the deal with CNE ? Thanks.

I refer to RNS 6960G. I extracted a couple of paragraphs below and I would like to have your opinion, however, unless I am misunderstanding the RNS the number of placing shares 593,592,274 to raise up to £5.9 million.......will commence on the 20 Nov 2018 (Tuesday next week), I can see a substantial dilution and a drop in SP. !!!

I quote “88 Energy Limited ("88 Energy" or the "Company") (ASX, AIM: 88E) today announces that it proposes to raise up to £5.9 million (before expenses) pursuant to a conditional placing of up to 593,592,274 new ordinary shares...........

Application will be made to the London Stock Exchange for the Placing Shares to be issued pursuant to the Placing to be admitted to trading on AIM. It is expected that admission to trading on AIM ("Admission") will become effective and that dealings in the Placing Shares will commence on AIM at 8.00 a.m. on 20 November 2018.........”

I received a reply to my questions as follows: Q1: Is TexRAD for Lung ISO 13485 Certified ?   is it mandatory ?   Answer to Q1: Cambridge Computed Imaging Ltd (CCI for short, our operational subsidiary) obtained certification to ISO 13485(2012) in 2014 and has just completed recertification to the latest standard: ISO 13485(2016). You can see our certification here: http://certifiedclientsportal.sgs.com/CCP2/Public/CertificateView?Id=40139000&master=popup Certification is not mandatory for marketing a Class 1 medical device but is mandatory for Class 2 and above.  For all classes of medical device a "suitable" quality system must be in place and ISO 13485 is recommended. Q2: Is TexRAD for Lung MDD Certified ?  Is it mandatory ?   Answer to Q2: CCI are currently completing the CE "Technical file" for TexRAD LungCx, which will allow us to market TexRAD LungCx as a Medical Device within the EU under the MDD.  The generation of a technical file is mandatory under the MDD and requires that an appropriate quality system is in place.

It is even quiet when it comes for AR, Two Directors and hello@fdbk.com to answer my email. I sent another request for an answer this morning. I think all hinges on the CE mark, unless anyone can think of something else which we are immediately expecting.

According to what I have posted at 06:58 today, the worst case scenario is CE Mark will be mid September or anything between now and then. It will happen, AR has stated no impediments. The fact that MMs have balanced their books (?) is a good sign of SP hitting a baseline only to spring upwards and onwards.

We are entering the 12th week, so now at last we are entered the radar area and it could be anytime soon.

Look at FAQ number 11 http://medicaldeviceacademy.com/medical-device-ce-marking/

I wonder whether the BOD's timing to release good news would be at a time when the SP is in an upward momentum ?

Dear Dr. Alastair Riddell, Based on the RNS dated 18th May 2017 where it stated the CE mark would take several weeks, we are now entering the 11th week. Any further delay will only cause further negative speculation. When are you going to be in a position to reassure and update the market and shareholders ? The following is the response : "Regarding progress with the CE mark, the team at Cambridge Computed Imaging responsible for completing this task have found the final stages to be slower than anticipated. There are, however, no major impediments foreseen that will prevent its completion, it is just taking a little longer. We are very confident that we will be in a position to obtain the CE mark soon" Kind regards, Dr. Alastair J Riddell Chairman Feedback plc

The way I can figure out the continued drop in share price, particularly yesterday, is: 1- (Legal) games being played by MM's. Would you agree ? 2- Probably TB or MM's continue to dump his remaining shares which the total was 11 million ? Any comments ?

.....the way I understand the RNS is: because of new AIM rules (1-Jan-17) PERE has the option of being out of RTO Rule 15 Cash Shell by raising £6m, which under AIM Rule 8, constitutes NO need for RTO. This type of action & excellent result is what we are to expect from a very experienced management BOD. These guys are true professionals based on their business background. PS: If you believe I am incorrect with my first statement - all in my opinion - please let me know.

The 4 trades are 200K buys v 114 sell - this does take into account the delay factor. Taking averages, the SP is holding reasonably well +/- Things will change in time.

Yes 14th of June is the date I had in my eDiary for sometime. I believe everything is in forward motion. In my experience with Global Large Corporations it takes at least 90 days to start seeing some quick wins. Let's remember this is a new BOD, new company name & website, the BOD have to gel together as a team, happily they have decided their business mission approach, the business of acquiring companies and/or projects is a long process, however, the target of 14th June is not there by accident. The target can be achieved but we need to be patient and manage our expectations. I normally by on dips and have a substantial investment here, but not bought recently because the SP has been stable, steady and sometimes slowly increasing. We have the perfect platform for the expected increase as news are announced. Enjoy the ride.

Screech777 and Lottohopes, Thanks for your comments on RTO (posted under subject Re: Mr Chow). I will check the links you posted for more info. Thanks again.

Screech777, Your post last Fri 23:53 you stated "......and when an RTO is done we may go into suspension....." Could you please elaborate. Suspension does not sound good at all !!!

.....I am really pleased I topped up yesterday with 170000. Still a very good entry price, this SP will go onwards and upwards as time ticks on....... All the best to all LTH's

john0011, Welcome to CAF / PERE. Good to have you on board.

....well, after more research....and looking at past charts... I decided the current SP is the lowest it's ever been and with the outstanding team in place with massive experience, the outcome can only be onwards and upwards, so...........I topped up with 170000.

....ahh that's where I got the 14 June ! I have sent an email to CAF but they did not reply. I suppose they will disclose the date as we get closer to June !?