Member Info for Troutisout1

Someone else sells??? What the same amount that was bought earlier! Have a look at the sells and then the earlier buys every time it has spiked since coming out of suspension.

This has been pump and dump since they mentioned going for an RTO, just when they got suspended some of the traders got caught and turned into BB lovies until they could sell out (even then after getting others to pump the price up before they sold...)

Set the spread to put everything through as a sell again this morning....

Very quiet on the BB while the breakout is on....

As the significant client you refer to has been the major client for SML for a long time now, I think we are safe knowing they pay for their shipments.

More important is how they can accommodate the other potential major client, this year and increase the delivery for all clients for the future, as I would prefer they gear up and sell the stockpile in larger quantities in a shorter period of time, even if that means the earlier end of the Cobre cash cow. They need the revenues over the next few years to get the other projects to fruition (which they haven't been able to do on the shoestring revenues of the past year).

StrictlyZinc

I bought some this afternoon, as I think although it may have blown the wind out of the sails a little, it doesn't really affect the ongoing progress of the Company (which I expect to continue to be positive). There may be less demand from IIs for the moment, but the whole thing might put it on the radar of other funds, etc. We know we don't have long until the Results and there is plenty of time for more contract news.

It is entirely plausible there may be a holdings RNS or two, but the spread of the trades and the fact only 4.4% of the shares were traded and it looks like they went to at least 5 entities (probably more) there may not be any. If JPM wanted more then they are likely to need to do a holdings RNS.

I think this will blow over and for many that have left others will take advantage and buy.

The trades today were skewed quite a bit with lots of buys going through as sells, once people realise this wasn't a placing of new shares, there is no dilution, then they will start to be bullish again...

Results could be the answer (end of March last year), but also likely there are close to something, if the Amryt guys 'hit the ground running' and then POLB001 has been in play for a partner/licensing. Many possible reasons, we know the intention is there and we are able to buy when Directors can't.

Did you buy in before or after you set up the new username?

My guess is you set up the new account last night after buying in yesterday, been doing your bin round this morning and now you have posted your first 11 posts in the last hour mostly rampy nonsense.

"as does the Chesterfield Capital stake."

Unfortunately it's clear you don't know what you're talking about ;o)

If you want evidence of the last post, just look at the numpty who bought 385,492 at a premium to the offer this morning and sold at a discount to the bid just now, has lost £650+ on a £2.1k trade.

Please beware of the pump and dump merchants....

Looks like now the bid is down at 0.4p the sellers have stopped for now, I can see some of the early buyers have sold out at small profits, the pump and dump is over and now those stuck will play a game of chicken to see who holds out or sells, when they all go for the exit the MMs will make them pay for getting spiked. Give it another 2/3 weeks the same thing will happen again.

Unfortunately the holders here know we are due a fundraise and those spiked up higher could face even more losses if they hold for another rise and a funding hits the newsreels

Garwool1,

Chesterfield Capital are the holding vehicle for Geoffrey Dart the Chairman's holding, so of course they know something, it is the Chairman's pot.

He sold them and more at 0.65p a couple of years back (before the recent consolidation) and then was going to convert the loan back to shares, it has only just happened because they had no headroom to issue shares before the recent AGM. Don't take it as he thinks the shares should be valued at 6.5p now, he has lost a fortune on the deal (but he did sell more at the time and got to trouser some cash back then).

Try reading the RNS again....

Fira2011, Did you get banned by LSE? They have deleted all your old posts.

Quick question, why did you wait until now to set up a new username and start to comment on SML again?

By the way you might need to catch up on the Newsflow, "Clovis will see himself right"

No don't know much about ITS at all, know lots about this Company though!

I was looking through RNSs.

"Suspension from trading and Corporate and financial reporting update

Itsarm plc ("Itsarm" or the "Company") announces that, further to the announcement on 26 July 2023, the Company has not completed a transaction which qualifies as an AIM Rule 14 transaction. Accordingly, the Company's ordinary shares will be suspended from trading on AIM at 7:30 a.m. on 28 September 2023, pursuant to Rule 40 of the AIM Rules.

The Board continues to actively consider several business acquisition opportunities. Of these, there are two opportunities that the Board are particularly focused, one of which is a consumer/retail focused business, with the intention of undertaking a qualifying AIM Rule 14 (reverse takeover) transaction by 27 March 2024. It should be noted however that these discussions are at an early stage and there can be no guarantee that they will progress to a completed transaction. If no such transaction is completed, admission to trading on AIM will be cancelled at 7:00 a.m. on 28 March 2024."

Sorry it didn't go bust, the winding up petition don't go through, but nor did any RTO so they are now suspended, with a delisting by the end of March, if they don't sort something out before then.

Peel Hunt issued another RNS in June stating they had disposed of the vast majority of their holding the day after they had crossed the threshold, so doesn't mirror here in that respect.

Good ~Luck

Can you remind us all what happened to their stake at ITS?

Didn't they sell it down and then the Company went bust.....

A stake that wouldn't have cost much more than £25k you mean....Being the smallest market cap on the main market sometimes shows the value is near worthless. This isn't a cash shell, it owes money. This was pumped on twitter yesterday and looks like more traders have jumped aboard today, don't get spiked and if you can take your profits before they do, that's brilliant...

OSG, they have been sugar coated, CF wanted to release funds for his new Company which is soon due to IPO. There has been II demand up to 28p for the last few months, it waned once we got closer to 30p (in fact we could see some IIs top slicing). It suits everyone to sort it like this, apart from perhaps the short term traders who recently bought in. Long term it will be a blip and it may provide an opportunity for some to add at a lower price than recent, but some will have paid over 30p recently and be thinking this has seen the rug pulled from under that SP.

That figure has both the buy side and sell side for the placing in them, add the first ones at 28p to get CF's 25.9m and BB's 4m and the rest are the buy sides, so 29.95m shares on both sides (although the large trades on the buy side are a little short of the total).

Certainly is, tomorrow is the mid point of Q1, if there are several bits of news to come in Q1, they should start to appear soon...