Thanks Derek the shareholder for the invaluable investment information! |
Finished above the 50dma with volume - bodes well! |
Winds of change. Excellent. |
Sorry the wrong trade. |
It's still there . |
Looks like another repetitive pump and dump in progress. How often have we seen this happen with AFC.
Here’s hoping for a more sustainable rise. |
Apart from Garry Bullard. |
Yes a nice change, |
Let's hope so. Needs to hold these gains and then let's see how high it can get. Nice to see the directors have put their hands in their pockets. |
Jimmy, it looks like we're finally on our way. |
Some interesting price action early afternoon and as it stands, back above the 50dma. |
Positions changing by the looks, added a few more, GLA |
 Guys - this might explain the price action.
I have just done some arithmetic on our short position.
They currently have 26,570,528 shares shorted.
Their average purchase price is 11.20p
At 9p they have a notional profit of £585k, less the £40k loss they incurred 13 June 24.
At 10.2p things get a lot less attractive - to the tune of £265k less profit.
I believe this explains much about our current/recent share movements. Every time we start to rise some ‘sell’ sauce gets poured on. Their problem now is that, in this very thinly traded share, any sustainably good news will screw them royally.
I did some comparable arithmetic on their ITM position. They have reduced shorts twice and made £6m. At the current ITM price they have a notional profit of £15m.
However, ITM is also a very thinly traded share. ITM has made transformational improvements and they are getting orders. In addition the idea that Trump would ‘destroy’; global green industries is demonstrably nonsense outside of the USA.
Any idea that Helikon’s ITM profits would cover any losses in AFC is in very thin ice. ITM will at some stage have an extreme short squeeze as they try to reduce their position and it will get jumped on hard.
I think the same thing applies here, except of course they are on a much thinner profit margin. |
And they wonder why companies are leaving in droves. |
Yep, and it's supposed to have SOME regulation but doesn't appear to have it. |
Directors buy shares and the price drops! Where’s the logic? |
At 2024 AGM Bind was asked directly about plans for next cash raise?.
His answer was “No plans at this time”
Barely 6 weeks after that statement there was a cash raise.
Talk is cheap in AIMs shares, companies can’t function without cash.
£15M in cash at end of October 2024, cash burn of @£1.2pcm puts cash at less than £10M.
Directors have a fiduciary responsibility not to run out of cash.
Speedy Hire JV are unlikely to order more units to just sit on their shelves.
That’s the only reason short term revenue customer mentioned in the call yesterday. |
Well, nice to see the directors had some yesterday too, GLA |
Next week Deals grow as revenue to flow and Grow.
Future strong don't be left behind |
zaksab,
.
Utter nonsense. |
Introductory. |
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