Member Info for TPKart

Yes I agree, not to be dismissed, and puts the company in a very healthy position. Cash balance of £6m-ish and market cap of £12m is pretty mad!

I’m personally not that bothered by the PCR income. They did really well, made loads of cash, and it’s nice that they’re still getting a decent revenue from it, but I’m investing for the next stage now. Looking forward to hearing about the new product releases. They’re in a good cash position to build from here, unlike many small companies that have to issue shares or warrants or get into huge debt before their products even make it onto the shelves.

Jamrock, just my perspective. I myself had been waiting to buy back in here, and had set myself a window to start accumulating in mid march, with the anticipation of the new product releases from April. I believe it will rocket up again, as it normally moves substantially on low volume, so IMO when they RNS the new product line I think it will go on another big run. When I saw the spread narrow I decided to start building my position this morning as I didn't want to get left behind when it finally does start to move again. I suspect other investors could have had a similar approach hence the sudden uptick.

At this rate you could be at break even by the end of the day TopCat. I’m looking forward to the presentation next week.

Well when they all get forced to close their shorts it should help it to rise even more.

Yes I can't even get a quote for £200 without it going to NT. Very encouraging considering the majority of other stocks in red today. Just shows you how oversold it is.

Well the charts are looking better now. Good support and looks ready to steady climb back up now IMO. Good interview on ********** with Greg. Reiterating that it takes time to introduce a new drug to a new market, but he feels they have made good progress on prepping the market for future sales, and converting the prescriptions to full price. Great to hear that he’s excited about the new insurance deals as well, as it seems a lot of prescribers don’t like writing the drugs if they’re not listed. Sounds promising.

Thanks for that!

Please can you post the link with spaces so it doesn't replace the url with stars? At the moment it doesn't work. :)

Yeah it's pretty naive to think that because a market cap is currently £40m you can just buy the whole company for that price. Even right now it's going to negotiated trade on just a £3k buy quote, which means there's short stock on people willing to sell this low. If hypothetically there was only buys over the next couple of hours it wouldn't take much to bring the price up by a couple of pence. That would be a $4m increase in market cap. How much do you think the price would go up if a company wanted to try and buy 50%/£20m worth of stock? I know it's not that simple but it's also not the case that you can buy companies for their current market cap because of basic supply and demand.

What do you mean "GB ditching shares at 8p"? Where does it say that? I can't find an RNS about it.

Aaaand there we go. Dipped a bit lower than I expected, but looks like that’s it IMO. I expect the shorters will start closing their positions as well now.

Well I’ve been buying more at this price. IMO a bargain. Also it’s going to negotiated trade on any decent sized buy quotes so looks like the shorters are running out of steam. I’m happy to hold here now. Looking forward to any updates. GLA

You say it may take time to recover, but don’t forget they’ve all opened up short positions which have to be closed/which will have the effect of lots of buys. I’m expecting a jump up soon. It’s ridiculous the “target” their suggesting. Anyone can pick numbers out of the air it doesn’t mean it’s going to happen. Hey I might have a go myself now…. I think this will go to £1 tomorrow! Can you see how easy that was? :D

Welcome Banker. I bought some more as well. The TW shorters are going to get burned soon if they don't keep their eye on the ball.

We'll see :)

Ah I see the TW brigade have turned up with their shorts. Don't worry they'll close their positions just as fast and it will bounce back. Some of these price predictions are hilarious.

I’m optimistic here. The US revenue might not be what some people were expecting, but this is a repeat subscription model. If the drugs are working for people they are going to want to keep on taking them. It’s £100k, but the ball is rolling now so I would expect this figure to keep on rising, and once the word gets out on the products effectiveness and tolerability then that figure could ramp up very quickly. The US market is huge, and £100k is just a tiny fraction of what it could be. Also good news about the new deals. Upwards from here IMO

Looks like I was wrong yesterday, dropped below 60p now. You’re right xxxaccountant needs some news or could slowly plod along at these levels now. To be honest I was expecting another bounce after the big drops of Monday/Tuesday. Shows how much I know :/

Looks like it’s finished consolidating at this level. Decent support. Looks like it could be readying for a steady move up now IMO. The previous move happened too quickly hence the pull back earlier this week.