Member Info for Yanis2005

Not long to wait now, in all likelihood the TU will be RNS’ed by the end of next week;

2022 - TU RNS on 16 June

2021 - TU RNS on 10 June

So, very high chance of the Trading Update RNS within the next 8 days! ☝️☝️☝️☝️☝️ is good.

The FCA news are late and when they arrive can be either positive or negative, there are no guarantees.

The company can do nothing to make the FCA decide, but we now reach the point where the company has to give an update on the delay as they did back in May. The absence of a delay update to me it indicates that the company is expecting this decision imminently. 🤞

Fair to assume that FCA news are imminent? - if there was a significant delay they would have announced it, as they did in mid May.

Tyla, lol … I sold chill at 6.2p … still kicking myself!

A bit disappointing MMAG hasn’t issued any news before the TU to calm some nerves but here we are … two more weeks for news ,🤞good news

Patience Jamrock, about two more weeks to the TU.

The SP has been dropping like a stone due to a big seller and stop loss triggering, in my opinion. If you look at the trades somebody with hundreds of thousands of shares decided to come out. Hopefully the TU will be very positive and reverse the decline.

IMO we haven’t seen the bottom yet, still room to drop. Hopefully, the big seller whoever it is runs out of shares before the TU.

Everything carries a risk and nothing is certain but personally I still think that there is huge potential here. I haven’t sold any (mistake in hindsight, was not expecting this big seller to appear!) and will be adding when I think the bottom has been reached, or see a reversal. Good luck.

One more day to the end of the month … FCA news tomorrow? 🤞

Volume is small and SP is holding well. We are all awaiting the FCA decision, two more business days.

FCA approval should see the SP go on a vertical ascent, very likely taking out the 2021 high. Fingers crossed.

Have a nice weekend all.

We are expecting a trading update next month and 🤞is going to be very positive.

Patience Nookie, I just added some more. I believe that it will blow up again soon.

Very good point Jarv, I was wondering why they chose to prove the technology in Texas, makes sense. Thanks for that.

An old CEO interview : https://youtu.be/L81FZGQKkDs

He is saying that MMAG can be a billion pound company within the next 3 to 5 years … that is an SP of about £10 !!!

Schrodders must believe that too?

The pullback from the 40’s was overdone, the news were ok and did not justify this huge drop, but this is the market for you.

Anyway, nice move up this week and looks like now we’ll have a positive drift until further news. Glad I added more at 25p. We’ll soon be back in the 40’s at this rate.

So far CLON’s funding is at premium to current SP.

Geeman,

Did you manage to buy in?

Nice TR-1

Scrodders added more, increased holding to over 13%.

Added more at 25p, looks like we are about to drift up.

https://www.musicmagpieplc.com/sites/musicmagpie/files/2023-04/musicMagpie-plc-Annual-Report-and-Accounts-2022.pdf

Just added another 25k at 24.86p.

Jamrock, 20p? Lol

Right or wrong, I haven’t sold any and I am simply adding since I am not trading this share, my target is much higher. Is going up now but had it dropped to your target of 20p, I would have added another 100k.

Having said that anything is possible in the absence of news. It can still drift but if it keeps drifting up now though the upward move should be quite sharp. I will add another 25k today because I think there is substantial buying interest today. I. Will add more on further weakness. Not advice, these are my views, each to their own and GL.

Jamrock, if it gets to your target price I will add another 100k shares :)