Member Info for Urraca

I think the critical factor behind the crash is the following bit in yesterday's RNS:
"The Company will now report its final results for the year ended 28 February 2022 ("FY22") on 30 August 2022. This is due to additional time required to complete the Company's audit. Management is not aware of any material issues that have been raised by the auditors during the audit process to date."

I imagine the senior desk trader at Jupiter is away on holiday, and the junior trader now responsible decided to ignore the final sentence, and offload. Any clarifying RNS from the Company reaffirming that final sentence and giving a mundane reason for the delay would have this back up to 50p in an instant.

Both my buys have shown as sells DBNO, they are playing with the spread, presumably to work a big order.

Looks like the seller might be reaching the point of exhaustion. Plus I wanted to change the header - surprising number of BB commentators trying to talk this down an extra percentage point or two.

Not necessarily overstretched, but wrong footed by events in common with most companies and Governments in the West, I'd say, Shearclass. They are predicting a positive but reduced EBITDA for full year, so its already a miss from their previous guidance, but not a loss.

I'm in.

Plato, I come from a farming family. Our folk memory of the 1930s is of the bank repossessing the farm, and it taking another 15 years to save up the deposit to get another one. Poachers? You are so middle class you just have to be a parody.

Give over plato, you pompous twat.

Clearly the price is not rising as we here all hoped it would be cause there are still big sellers, and the herd has not arrived to buy them. But at some point they will have cleared, and then the sp will rerate. Basher is right that nothing is ever certain, but there is value here is we're prepared to wait.

Wakey, its probably warrants. But the market is absorbing them - and they can only be sold once. The market cap is still very very low - concentrate on that fact.

Reported buys 1.2m. Reported sells 3.7m. Total reported trades, 4.9m. Total reported volume, 9.3m. Lol.

Top slicing at 1.1p? Or even 1.4p? Where's your cojones? Its current market cap is only £9m right now. I'm running this winner to 3.5p before I even think about top slicing.

Jotom, i honestly don't see how hospitals or queues at Dover have any relevance to Abramovich being a Jew, so I'm struggling to understand how to 'discuss' said relevance.

"Russian-Israeli oligarch Roman Abramovich, who has also been acting as a negotiator and ambassador throughout the conflict, was pictured in attendance at today's signing. "

Yeah, someone invested £200k for a quick 5%.

Opps, meant to include link
https://www.dailymail.co.uk/news/article-11039677/Turkeys-Erdogan-offers-hope-Ukraine-Russia-sign-grain-export-deal.html

Signs of a thaw, and if you read down the article, Abramovich was there at the signing ceremony. The sanctions against him are all about Islington luvvie envy, nothing to do with logic. And lets be honest, there's probably a bit of good old fashioned Labour anti-semitism in the mix too.

I have to wonder, given the ease with which the scum of the earth appear to be able to overturn deportation orders issued by the Government, whether Evraz really is straining every sinew to overturn this suspension on trumped up charges?

Thanks for that. So, much like having to collect and pay VAT.

What does 'ROC' stand for? I've been looking through last year's annual report and accounts but I can't find it.

I guess we need Liberum to bring some institutional investors on board to soak up some of the free float that's getting trades, and to provide some reassurance that the big boys see value here. After that update I'm holding long term.

Cash now around 50% of market cap, with the results outstripping sparky's hopes by a significant margin. Can the market continue to ignore this performance given the shaky performance of so many other companies?