Member Info for Troutisout1

Tungstenman,

I cannot see how you can make a statement like that, there were billions of shares in issue before the placing and many of those holders will have taken some off the table with the rise since the placing, some long termers will be in profit for the first time in years and newer holders could be up 900% from a year ago. Yet you somehow blame the placees with no evidence and no real thought process to back that up, the placing was oversubscribed, many bought after the placing and the SP more than doubled, if you don't expect some profit takers then you are being naive. Today's action is the same as previous RNSs, there are a lot of short term holders/traders here and each spike gives them an opportunity to take profits, that in turn allows those who missed out at lower prices to add again, the workings of a decent liquid market.

There is nothing to say the sellers are placees, the bucket shop vultures would not have agreed a no discount raise and would have shorted the SP down mercilessly to drive a further discount prior to the raise. Just chill we are not likely to see some of the prices being touted as they are unrealistic in the short term, but with a following wind and continual progress we will be much higher down the line.

2.172m Buys this week, against 5.464m Sells.

Well there are 68k of buys in the sell column and a delayed buy just under 100k going through, so buying well outweighs sells here, the price is climbing within the quoted spread and I see another tick or two this afternoon if this continues.

Realisation will come tomorrow (with the issue of placing shares) and next week, if the placing shares have gone to sticky IIs as the last did, then people will jump on board from the sidelines

They raised the bid, but actual buy price was lower than earlier, so added another 35k there.

The Company have told us that will take months as it will need NIH approval, so how can they do that any quicker?

I am looking for confirmation they are on track with market expectations, the tiny discount on the placing suggests there aren't any skeletons in the trading cupboard, but a market update would be good.

Contracts wise, I hope to see some OptiMAL business signed in the next couple of months, but also other contracts coming through. I don't see NCI full deal until the Summer.

I am really not a fan of the previous Management, but the new Management have had a little bit of timing luck with the critical metal prices ballooning for all sorts of reasons, leading to Government grants and change of strategy. This is really important as the grant and subsequent plans suggest that HMG will back the return to mining in the South West. This would have been needed but until now, with Trump sabre rattling, war in Europe, stepping up of defence procurement and of course AI, EVs and Green tech all sucking more and more of the World's Cu, Sn and Ag reserves, the Govt hadn't moved any further than a few hollow words.

The situation was very different before Trump, the previous BoD didn't have the same drivers, but they were incompetent and out for themselves, so very glad to see the back of them!

Roll on the progress the New Management are delivering!!!

I took 200k in total yesterday at the placing price, I have room for another 100k approx (haven't done the maths).

CBeadle I think we share one of those mining stocks and it has done brilliantly since it's own placing at no discount a week ago, I see FAB doing similar once the shares are issued tomorrow and if it proves they are again in sticky hands. An update next week would be particularly helpful if this is the case, fingers XXD

Rocka,

As I said the other day you don't seem to have the patience to be invested in medical stocks, whether they are developing drugs or medical equipment/platforms. It takes years and years and is full of cautious people who really take their time before committing to a contract. Then we have the fact we are coming off one of the worse times for Pharma/Biotech and therefore CROs, after Trump's policies have upended their World, so have a bit more patience or move on.

I probably see you buying your £10k's worth next week when it is freed up and then you start singing a different tune.

I count at least 200k of buys been put in the sell column, 150k were mine and the other looks to be a 50k buy just as the offer rose this morning.

So the buys have it, the buys have it...

Looking back, they generally give the market a trading update, seems quite late if that is the case this time around.

Done at mid, but no real clue from previous volumes which way it was, could be a direct transfer? Good sized trade though

Just sniped another 50k at the placing price

TRENCH,

I do drive an old banger, but no stickers unfortunately.

The other share is 10x what it was exactly a year ago now, gone up well today with drilling results.

Importantly if we look at placings, FAB placed last year at 6.75p and is nearly double that, PYC placed at 0.5p and is just over half of that, the other share has nearly doubled the placing price in 6 days. Why didn't PYC do better after raising those funds last year?

There seems to be a few PI sellers, getting out at below the placing price. I think these may be short term investors looking at other grass is greener stocks.

I have used the opportunity to add at the placing price for the moment, I believe that the shares will have gone to long term investors and as such think that in a few days this realisation will be apparent and others will start to add again. Looks like a few delayed 50k buys coming through now.

MMs are playing around with this, but not enough conviction from buyers to get this moving upwards, hopefully start to see something next week, would be good now they have got this out of the way to get an update from the Company.

Yes me too, limits down to 10k now, well on the way to filling the headroom back up to 2.99%

Laura that would be pretty serious allegation if you are saying I am insider trading....

Two of my biggest holdings have had placings in the last week, both have money, but to accelerate drilling in the case of one and to accelerate the marketing of a newly launched platform in the case of the other. Both have money and income coming in, but both also have large HNW investors and IIs wanting to get onboard, so the upshot is both have strengthened their balance sheet and can accelerate forwards. Both placings were at no or miniscule discount and I am happy that both have done so.

Here at PYC there are no HNW or II investors to come on board, there will be no acceleration of development due to the piecemeal contracts flowing through and operating at a loss will mean they will need to raise funds to cover that soon.

Rather than looking at revenue, have a look at the SPs in the last year, both mine saw a slight drop in revenue year on year, which would you rather have held though?

PYC down over 70%, FAB up 45%, my other large holding is up 840%

They don't spend much on wording the new Numab RNS, it is a lot of c&p from the previous ones.

Just as they did after PS's resignation, I think they will try and pump this with whatever they have, but fear it is too little, too late to get the price up high enough that they can raise. Even Laura has got bored with it.

Share consolidation followed by a discounted placing coming up.

Tungstenman,

The shares were only issued today, I think it far more realistic that the shares being sold over the last few days were just investor's taking profits. some even posted here they were doing so.

For me the placing shares seem to have gone to sticky hands and more are being bought in the market, so far no real sign of placees selling, this has gone up 50% in less than a week and people have sold to take profits (mainly short term traders and those that were spiked on the last rise). I think we could see some TR1s over the next few days that show new large investors from this placing.

Gtc,

You are talking about full screens and AK did state that some companies may want smaller more focussed screens (if they had already developed some targets), He also stated that a full ITAS contract would be over £1m, but some might want to take a more modular approach and contract to do some phases of the ITAS with FAB and that those companies will choose how many phases they would want to do with Fusion. These would likely not be RNSed due to their smaller size, piecemeal approach.

Rocka,

Literally 23 hours ago you posted that if no news soon you would consider selling up.