IMO Midasi are playing a game and have probably shorted to buy back the share they sold without consent at a cheaper price
What evidence do you have insti's are offloading Last notice of institutional offload was last Dec 2013 ! Its the shorting that's driven the price to where it is so bounce will come soon when the shares have to be bought back
End f September they had over £42M in th ebank and then paid special divvy of 5p per share which is £9.7m so they should have over £32m plus cash generated by rapidly expanding business
BLNX the same MCAP = CASH IN BANK!
MArket cap nearly at cash in bank value now ?
JQW worth a punt IMO, shorts must close soon surely?
Did any of you look at IKA ? Potentially a great company in the making with some great news flow due over the next couple of months ------- Graeme Purdy, CEO of Ilika, commented: "Commercial interest in this pilot line continues to increase as its operational readiness accelerates. We are looking forward to announcing the successful completion of the SAT and the commencement of production of batches of Ilika's unique solid-state batteries. We have exciting plans for deploying this technology to address substantial commercial markets and it is gratifying to see high profile Ministerial support for our activities."
Just listened to it, sounds all good. However one thing I would say is that Manoli Yannaghas comes accross so wet and not allot of conviction. To say Graphite is tight supply now but who knows where it will be in 2 or 3 years is shocking ! Surely they must have a 5 year business plan or longer to justify their investment in plant etc . Im sure its all good but he needs to brush up a bit and be a bit more assertive/confident
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For the DTM chaps.
DTM Early Birds is a discussion created by BuyBAO on 30 Jun 2014.
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