Daily volume is very brisk which all helps. Cleans down the traders |
We could be taken out for a quid by a big pharmaceutical player and they won’t have overpaid either |
Shooting for 20p now as part of the re rate. Could see a quid this year that's if we not taken out by big pharmaceutical player |
Adding yesterday was a good option |
Where's sick clown today |
Weak bed wetters out now. Bring on the big news FAB |
Everyone trying to get best price for the bounce. Once buying starts we will all chase it higher |
Hopefully move back up towards 9p today |
Outlook In Q3, the Company has continued to see an improvement in lead generation and prospective customer engagement. We have seen the positive outcome of diversifying into adjacent markets such as Diagnostics and see potential growth opportunities in all of our services going forward. Continued efficiency improvements are also expected to contribute to further margin improvement. The Board is confident that the sector is recovering and the prospects for the Company remain very encouraging. Whilst challenges remain for our international customer base, we continue to meet these challenges and capitalise on the opportunities presented. Cash continues to be well controlled, and it remains a key strategic goal to achieve cash flow break even without having to raise additional equity capital. |
Dumpy dumpy |
This area is previously a big resistance level, we broke through that last week, now we see if that turns to support???
free stock charts from uk.advfn.com |
free stock charts from uk.advfn.com |
Not sure why they didn't dump in double figures? They are in and out though and that will bode well for the next move up, it's still a tiny amount in the scheme of things and the MMs obviously want shares as they are still bidding for 675k at a time... |
Traders, but I wouldn’t like to be out of FAB as transformative news could hit at any moment |
Good sized lumps being dumped followimg the recent down drift, all of which I regretably note.
f. |
Another 4m volume today again Trout. Daily volume has really increased dramatically which is very positive indeed. |
Well it's just trundling along, the MMs still bidding in size, but looks to be more buys than sells today. Quoted spread very wide at the moment, to cool off the trading, but we could see them tighten it in towards the close, can buy at 9.58p and sell at 9.2p |
And that’s just the cash benefit of the FMI. There will be big impacts in terms of commercialisation of products, collaborations and the usual jobs and stuff too! It’s a great thing for FAB to be in but equally only one small element of their strength! They’ve got plenty of irons in the fire that could come off at any point |
Worth observing the rise so far has simply been people realising that if a £4m Mkt Cap company suddenly gets £6m of non-dilutive cash and benefits-in-kind then ipso facto it must be worth at least £10m (£4m + £6m)
What hasn't been taken into account is the signal this sends about the value Government and Industry collaborators attach to FAB or the £55m invested in the entire FMI project.
Also now FAB has greater prominence amongst PIs when new News does drop we are likely to see a real demand/supply imbalance and I expect the stock will react very well to upcoming news catalysts.
Chartwise can see 20p and 30p coming quickly from here. |
Shooting for 20p - next short term target. |
7m volume yesterday. Incredible |
Definitely and it has the best of both worlds having unrestricted access to the UK and the EU and the US has shown to always be willing to give a Belfast company a helpful and sympathetic ear if it's good for the economy. |