We would love to hear your thoughts about our site and services, please take our survey here.
It doesn't make any difference now but the BoD have been shafted by AIM like the rest of us. Don't think 1.9p sp after 230MeV was anticipated making raising funds almost impossible unless this potential investor has a philanthropic nature.
Bit more information good that he has increased his holding or maybe a new investment and as mentioned by hayashi unlike us lot he must be a far wiser investor in this sector and see value here. After all the understandable pessimism is there a chink of light that we all hope will shine through
https://www.nanosun.co.uk/post/dr-graham-cooley-appointed-chairman-of-nanosun-ltd
Just trying to be realistic with the 4p some people seem to think this is being pumped but from what I see most here haven't a clue why all the buying is going on. Don't know what others think but looks to me this has come out of the blue and whoever is buying must be in some kind of inner circle as haven't seen much here to justify it infact it's generally been more of a negative tone. Also even before this rise when sentiment was even lower you could sell tons of these in a single trade so someone has wanted shares for quite a while
Took your advice and found this paragraph in the June 23 update below. The fact Ionic are also working with Continental AG must be good for CPX's long term contract with them.
We are also nearing the completion of the first phase of our joint development work with Continental AG, incorporating graphene materials into industrial belt products. The final piece of this phase will involve a new scope of work that we have commissioned in collaboration with the team and Monash University, and which should result in some very exciting new technologies, with broad application across all of our targeted IoT and sensing applications.
I agree L45 with modest success with the current pipeline and a less volatile market the opportunities for cpx wouldn't be unreasonable for a sp of 4p. But with AIM anything is possible and it seems this Tesla situation has generated massive interest. Why all the volume of trades and sudden surge in price I don't think we'll ever understand but you are right it is possible it could be the start of a stampede as has happened with many other AIM companies or it could just be nothing. We'll only know after it has all happened unless official news arrives but does make you think something has been leaked and spread like wildfire guess we'll all be keenly watching over the coming weeks
I wish I knew how this was going to work out no one here has a clue. I do know you can sell significant volumes of shares and that is also evidenced by the trades so MM's happy to take them and someone is buying them. Is that a sign of good things to come.....I hope so. H2 numbers are supposed to be materially higher and if so would normally help the sp but with the court case uncertainty might not. The original existing court case was looking positive for cpx and no doubt would have resulted in a boost but this latest saga with Tesla is an unknown quantity. The recent raise was a positive although with dire capital markets badly impacted the sp. All in all it's a jumbled up mess never plain sailing with cpx everything appears set up for success then a spanner appears but the sp at present does seem to be rock bottom such that any loosening of the spanner could be good.
In the past a trading update has been issued anytime between May and July however an update was given as part of the fundraise that advised a materially increased H2 with full year numbers broadly inline with concensus. Being as that was reported in May with only the month of June remaining hopefully it remained the case. Not sure if they will RNS a further update or just issue results as mentioned September timeframe. The court case saga is an unfortunate distraction although some here believe it to be a positive sign. My understanding of the replacement witness is that they already had someone in place but required more time for this person to take on board the deceased testimony all a bit strange really as it's all in place and would just require presenting in court. CPX have disputed the deceased person's evidence but not sure on the status and how important it is but hopefully cpx are sure of their facts and this is only a technical delay to accommodate this change.
Could do with the reddit gang doing a gamestop here that would help with the availability of funds. Interesting to hear what will be announced as if cpx are going to fight this they will need to be backed by a heavyweight
4.3m sold 5.1m bought really surprised with that after yesterday's news as was expecting a worse outcome. Some interesting positive observations here. I have no idea how this will end up a real head scratcher the comment from mcc about why tesla didn't raise this as prior art in the current case is a good point maybe it has nothing to do with the current dispute who knows. Being able to sell substantial volumes doesn't give the impression of failure any ideas from legal experts would be useful here but I guess none if us here will have a clue.
That is possibly correct TD you can read some of the court notes on docketbird.com and it is quite clear they are in discussion, some agreements have been made in terms of narrowing the dispute and the judges remarked if this case gets to trial. I hope there is a settlement even if it is lower than what a trial would award as then it would remove all this uncertainty. A few more months to wait anyhow and not unexpected as the court notes have been available for a while where this continuation request was suggested as a likely outcome.
That's what the judge said in the transcript so who knows a settlement maybe close and unfortunately a witness passed away and this request for continuation is to allow a replacement. Bit of a shame as needs to be concluded and move on. Let's hope the h2 sales have picked up as described in the recent raise rns.
Mer is right you can read the court transcript on the docketbird website. Definitely mentions the 2 sides are in discussion and if the case even gets to trial. Also mentions a leaning towards allowing the new expert witness but not sure if that means we may end up with a further delay. All these court arguments are in their language to narrow the case which I assume is basically to remove items from the dispute so what is left will be decided upon and a ruling either through negotiated settlement or judge decision. Seems like it is actually progressing though rather than stuck against a brick wall.
Tell me about it talk about feeling duped however many of the senior directors threw a lot of money at this and really gave the impression they had belief in the technology. Follow the money was definitely not the right thing to have done. Nicholas Serandour was previously a financier I believe seems like he got something seriously wrong. So we have paid for a fully working maching in Daresbury and all they have to do is execute a verification plan that is well established with UHB and orders are awaiting......what a mess! If we still get something out of this it really will be a miracle!!
If the Continental orders are significant 2024 could be good timing but the court case this month might cause some volatility and we're yet to hear how much the 2nd half sales have increased over the 1st. A little good news might get the sp moving well before 2024 but we have been waiting a very long time for good news.
Don't know if it has been discussed here but Alistair's explanation of why a peer review hasn't been done and that a very detailed one after phase 1a will be produced could be very significant. It should raise awareness and validate the technology across the industry that will hopefully lead to improving investor confidence.
Bit of a sad reflection that this kind of project that was on the verge of treating patients within the next 6 months can't raise funds. There is plenty money swirling around I guess if someone does step in it will be on a ruthless basis without a thought for existing shareholders. That's partly why I always thought the existing major shareholders would sort an amicable arrangement that looked after their interests and therefore ours. Totally baffled that with all the assets and visible development they're in this position. Hope somehow it keeps going and that us shareholders retain some value in whatever it becomes as this is currently very costly certainly didn't see it coming after 230MeV and all the discussions regarding 20 potential customers. Seems like the loss of 8m at the 11th hour is yet another killer blow of which there have been many here like a cat with 9 lives not sure if they've ran out as can't say I'm familiar with companies getting into this kind of mess. And who bought all those millions of shares over the last few weeks just doesn't add up.