Member Info for tqhussain

I have added more this morning.

I am expecting positive news flow at the back end of the first quarter.

Time to start adding!

Glad there are no warrants attached to the fund raise.

Our MC will be around £10m with about £6m in cash once the new shares have been settled.

The Sh*ts bought Glanco for hefty sum from their mates, used our money to built up the business and then sold it back to the same owners (their mates) for a euro.

7 bagger is very realistic.

I will invest more once funding has been sorted.

I reached out to Matt a couple of times about funding progress but got no response.

MC £6.95m

First half revenues increased 43% to £950k

Cash reserves of £5.2m at 30 June 2023

Cash burn is high and raise is due but hardly any EV value in today’s MC.

OBD flying on Prostate Screening test.

I hope we can get the placing done here asap and then focus on sales.

Following the receipt of the Report, the Prime Minister of Azerbaijan issued a press release saying that based on the Report the Gedabek plant can gradually restart operations. The restart of operations will take place in accordance with a timetable to be agreed with the Government. The Company and the Government will also work together to implement Micon's recommendations for the Gedabek operation contained in the Report.

Interesting listen.

I get a feeling management are very conservative with their projections.

Fund raise coming sooner rather than later, approx 8m but it’s potentially the last raise needed.

Addressable market is huge!

Looks like everything is moving in the right direction.

Probably enough cash for another 9 months.

Need sales of around 8m to breakeven which looks very achievable in the not to distant future.

RA International Group PLC (AIM: RAI), a specialist provider of complex and integrated remote site services to organisations globally, is pleased to announce the award of a strategically significant new contract with the UK's Foreign, Commonwealth and Development Office (FCDO). The minimum two-year global framework agreement will see RA provide operational support capability funded through the Conflict, Stability and Security Fund (CSSF), commencing 18 September 2023.

The services which RA will most likely provide will be funded from a sub-lot allocated to the CSSF valued, in aggregate, at a maximum of GBP 375m (over 2 years). They relate to "providing and delivering operational and technical equipment to organisations in hostile environments in a Human Rights compliant manner", and include the following sub-themes:

Looks like the seller is out.

A bunch of C**ts.

Used shareholder money to grow Glanaco and now return it back to original owners. No doubt the dodgy BOD are benefiting from this transaction.

The RNS mentions 2022 results but forgets to mention the large wins in 2023.

Https://www.itv.com/news/2023-07-14/genetic-testing-could-bring-in-new-age-of-diagnostics-in-nhs

Looks undervalued. Trading below cash levels. Took a small position for a trade.

Works for me.

Plus this

' is intended to complement the expected offtake arrangements being finalised with the global multi-national company ("MNC"), which is expected to complete its due diligence shortly.'

Email sent.

Yup, more shares in issue than lse shows.

With THG rising, I took a position here now.

£3m raised recently + 8m shares in THG and a MC of 4.4m makes this undervalued.