Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not much of a reaction form the market either way with the results, a few positives regarding money in, the net loss is down, does that included the 2.5ml funding round? Or is that included in the “cash” pot.
Thoughts on the results?
Thanks for sharing Ddug, that makes more sense now, I thought the patent and CE certificate were linked, as in they were trying to get confirmation/sign off that the device was a first of its kind type thing which would have a lot of benefits for the business, the info on the page suggest the CE sign off is for an electrical vape device to be sold (more of a safety sign off as with all electrical devices) and the 2nd request is for the vape to be sold for medial purpose, maybe there is something in that that makes it a first of its kind although I’m not sure that’s the case.
Hopefully a bit of clarity from the group when they deliver full year results and we can see some strong upward movement for these shares
I agree, it’s been a bit quiet and SP didn’t have anything to go off, whilst this RNS doesn’t give us anything substantial at this stage it does show that there is movement. Share price has had a small positive move though which is encouraging. Hopefully the full year results along with news on the CE certificate will get this SP moving north
The drop mirrors the drop we had 12 months ago, nice rise on potential good news then a decline back to pre boost levels, can’t seem to get anything to hold this stock up. Business results should hopefully show revenue improvements which will help, there is a risk that the business need more capital to grow which could weaken the share price even further in the short term but if that capital request was off the back of the patented certificate being signed off then I think we’ve got a clear view forward. Not heard anything from Ian Mattoli since investing and joining the board.
I actually see this as a good thing, the single use vape market doesn’t have a great reputation and this could be creating a negative opinion on the idea of vales in general, especially with an older demographic (Kanabo target group)
single use out the way might improve confidence with reusable/ cartridge ones.
It’s a mirror image of the rise (and subsequent fall) we had 12 months ago, no news to support the share price. Not useful if you’ve been holding 18months plus as still in a negative position, anyone purchasing more recently is probably able to take some profit out. I have confidence this can go big (eventually) and we’ll see a SP rise that will be supported with positive news (CE certificate, contracts, acquisition bid, positive trading results) but in the mean time we will have to ride a few highs and a few more lows
We seen the same last year (end of q4) which was based on the CE certification being issues, obviously that didn’t happen and the share dropped to an all time low, im guessing there is something that takes place in q1 around certification being issues that’s given us this current boost… hopefully not a false alarm this time!
The CE pending talk has been going on since the company floated on the market, progress is mentioned in the September half year update that we’re only a few months away from getting the CE certification… anyone heard/seen anything about this recently? We had a big share price boost last Dec/Jan off the back of it being expected (4p per share) but the delays are probably causing some concerns which is why we’re sitting so low at the moment… although I have no understanding of what timeframe it takes to gain a certification
This share continues to fall even with positive RNS updates, We can’t seem to get anything to lift that price, at one stage we sat comfortably at 15p plus, Is the drop is due to the proposed smoking ban (including vapes) and that’s causing a sell off? If so, would like to think someone from the medical cannabis world could come out and give it some protection/confidence!
Keep thinking we’ve hit the bottom then we drop down further (29% in a month)
We needed some movement here and that’s a positive step to generating income from the store as well as Treatit! We Need an update on the CE mark as that’s been ongoing for a long time but always “nearing completion” once that is confirmed we should see more confidence and some resistance building to the falling share price