Member Info for wordog

Agreed, the volume and size of sales has just been strange, nobody would sell like this realistically.

Odd isn’t it, BV Tech are obviously heavily invested in Defenx, and continue to financially support and increase ownership, but other than reduce costs and promise to balance the books in 2019 we haven’t heard anything other than the promise Of new products and a relaunch in Q1.

Go Outdoors have bought it

If I really thought what I wrote on here made a difference then I’d probably post more. The fact is that assuming they keep their promise of product launches in Q1 ( I know that promises are often broken) then this will move quickly, assuming the news is positive. It’s still risky, you’d be stupid not to beleive that.

So few shares in free float, when the anticipated product launch and rebranding occurs this qtr I think we could easily see 16-18p Here’s hoping.

Some really odd buying patterns today, maybe the same buyer?

“The Group has also been enhancing its product portfolio as part of its Defenx 2020 strategy, and we currently anticipate launching new products in Q1 2019.”

“The Group has also been enhancing its product portfolio as part of its Defenx 2020 strategy, and we currently anticipate launching new products in Q1 2019.”

Looks like they filled the job on Linkedin

Always will do, if this kind of movement bothers you then you’re invested in the wrong share. With only 30% in free float it going to move about on low volumes. Mark my words, one decent bit of news and it with rocket.

Already has, and will again

Didn’t see that coming, lots of volume and some big buys, my gut says it’s not a P&D, maybe some leaky news?

BV Tech keep throwing money at DFX, they wouldn’t male that kind of commitment without a plan. BVT are a very successful business and have the industry contacts and experience. Although I’m frustrated by the lack of appointments, communication and new contracts (not great to be honest), I’m still invested here because BVT are. Although if I’d sold all my holding at 25p after the open offer I’d be better off.

£1800 sells moves the SP down nearly 5% Imagine what will happen if some good news is published.

It’s not being manipulated, it’s the liquidity and lack of shares in freefloat. The MMs are restricted as are investors. So when/if we get some good news here, the herd will push this artificially high, at least temporarily.

An ounce of good news and this will shift fast.

BVT obviously aren’t letting this company go, another show of intent that they want Defenx products within their group. Financially it sounds like they’re over the worst of it and there’s enough cash to take them up to a relaunch, confident that Q1 will return to profitability. There’s so few shares in free float now any good news from here should see some quite volitile rises. BVT are actively supporting development and integration of Defenx products, and most importantly offering it to their own customers. They mentioned that the turnover was still quite seasonal, traditionally H2 saw double the income of H1 for the company, so fingers crossed more cash will come in prior to relaunch. Debt recovery is positive, but so much will still be lost. The new focus on the European market should prevent it happening again, and its should be more lucrative. For me the hard work is done, they’ve essentially been in hibernation while they cleaned up the mess. In some ways it’s been quite an achievement, most companies would have just folded. Hoping to see some decent permanent appointments now they have the cash. I’m sitting on my shares, happy to wait until Q1 to reap the potential rewards.

I bet they get another rule 9 waiver and conduct a placing at 8-10p. Only other options are a loan or complete takeover, which to be honest could cost them as little as £2mil potentially.

Hopefully that RNS wasn’t. So sounds like we will survive a bit laonger, in what form I’m not sure but BVT are throwing more money at DFX which is another show of intent. Finally some positive news, wonder if they will announce the rebranding shortly, assuming that’s accurate.

Or maybe they’ve turned the business around and are back in profit, lol