Angle Share Discussion Threads

[bones698] 20/1/2023 10:51

Will be fun at 230 when US opens today .

[parob] 20/1/2023 10:18

There are still a few PIs to shake out from the low/mid 20s and we're seeing the chart coil up, in the same way that it coiled up after the Jupiter sell off late 2020. Once we break out of the coil pattern this will move up strongly from the oversold position and move towards the top of the gap imo.

[bones698] 20/1/2023 10:09

Can sense one to 80p but let's get the first one out the way lol

Seller trying to use what little powder they have left to bring it back down or selling them all out on the spikes . Either way good riddance to another short sighted ii

Actual resistance levels are 32.5 p and 40p but only minor ones 32.5p being the last spike after the drop
Increased volume today

[langland] 20/1/2023 10:07

There was talk of gaps late yesterday. Seems everyone forgot about the one at 90.75.

[bones698] 20/1/2023 09:33

Quick reversal . Lots of buying and that's before the US opens. Surge of buying around 9am . I'll take another 10% rise today would set us up nicely for next week .
The block trades are decreasing in siize pointing to the seller is nearing the last bit too only 10k 30k 25k size blocks today . No 50 and 100k blocks so any buying sees this move up nicely

[purchaseatthetop] 20/1/2023 09:30

Agree. Looking ready to move strongly upwards. 10% rise, then some profit taking, then up again.

[rajraj b] 20/1/2023 09:29

Should start moving up now. Resistance dropping

[kimchi1] 20/1/2023 09:29

Hmm, the naysayers (mainly on the other threads) have gone a bit quiet - or were they simply looking for a cheap entry point ?

[joinednow] 20/1/2023 08:32

I definitely recomend the filter button , people dont need to read what any poster says.

People have 100s of inbuilt biases hard wired into their brain.

One of the biases is that people believe what is written rather more than what is spoken.

So if these people can write alittle convincingly as if they know something, peopke will have an in built bias to believe them.

That is how they are conning people.

I strongly recommend you use the filter.

[niaroo] 20/1/2023 08:11

Jeez Purchase giving advice. Purchase you have been wrong on every share you have been in with your figures. Give it a rest Drive your ambulance and leave shares to people who make money on shares. You must be down 90% on all your shares last year as they all have tanked. I posted a few days ago your list and since then enet are a further 28% down.

[mrkeysersoze] 20/1/2023 08:10

The £100m Tax loss is relelvant in your list Parob, as any potential suitor wishing to takeover Angle would account for this and use it moving forward.....

Will the tax loss improve Angle's cash runway.... NO

But the tax loss is most definitley releveant!!

Mr K.

[parob] 20/1/2023 07:55

I have posted the AGL tip on two boards, both of which you read: ENET and MOS. I only tip shares on other boards if I'm 90% confident they're going to move up from the share price they're currently at, and always say DYOR. Anyone can check my history and see that. Another poster suggested I add that line. I'll take it out as it's not necessarily a catalyst.

[bagpuss67] 20/1/2023 07:53

Yes agreed its in the runway. The tax losses only help cash flow when you have some material EBITDA

[purchaseatthetop] 20/1/2023 07:51

Bagpus. The £4m r@d credit is part of the cash runway to H2 24. I am asking Parob how his £100m of tax losses will improve cash. Which they cannot. Parob is busy pumping AGL on nearly every board which is fine but lots of his analysis is questionable.

[bagpuss67] 20/1/2023 07:19

R+D tax credit. I believe

[purchaseatthetop] 20/1/2023 07:07

How would the tax losses be used the generate cash? Magic beans perhaps? Cash is cash.

[parob] 20/1/2023 07:06

5/1/23 RNS

Cash at year end 2022 is expected to be in line with expectations at c. GBP32 million and the Company has no debt.

So no need to raise for at least 9 months imo and A LOT can happen in that time.

Potential catalysts:

- Lab accreditation
- Commercial deals
- CSLC buying from the end of Jan
- GFI continuing to buy
- Takeover approach
- Abbott collaboration
- Solaris collaboration

Also from the Berenberg note:

- Partnerships in discussions, but not in the numbers:

Management continues to hold discussions with multiple new customers on the pharma services front, as well as potential corporate partners. These discussions are not included in management’s new estimates and could provide an UPSIDE SURPRISE throughout 2023.

[purchaseatthetop] 19/1/2023 22:00

18/10/22 RNS states cash runway “into H2 24”. That is all. Not back end next year. That is why I say during Q3 23.

[bones698] 19/1/2023 21:32

Cash is extended . They are due a tax credit of 4m plus cost savings announced . Back end of next year . Read the RNs's. They won't raise before end of the year that's if they need to which I doubt they will

[purchaseatthetop] 19/1/2023 20:49

Bones. Cash is to H2 24. That means raising cash Q3 23 latest. We need view of income stream by then I think.

[bones698] 19/1/2023 20:31

Why 3 months we have pme Ty of cash for 18-24 months . People have waited a long time for this I don't see it boiling down to 3 months or bust . I'm happy to see what unfolds this year and the new guy announced today will need some time to get the ball rolling

If there is little or no progress by the end of the year then yes it's not good enough . They have almost e erytbing in place now just CLIA and a few more pieces but the majority is there and should see deals signed. If we are 50p or less by end of year then I'd be amazed . Quite possibly 100p plus if things go well . No rush yet though just good to see a recovery for a start

[purchaseatthetop] 19/1/2023 20:17

IP needs to be monetised And hopefully soon. Nervousness will hit in the next three months if no progress.

[bones698] 19/1/2023 20:06

Ok chasm to fill but yes once we break out above 35p I don't think it will take long to get to that either . Think we would all feel better with it at those levels before news at least . Would be a shame to see good news only moves us back to that rather than higher .

[kimchi1] 19/1/2023 19:35

Would be great to see a follow up RNS showing GFI increasing further - this would then absolutely rocket.
Here's hoping ...