Was a stroke of luck Golfy- managed to buy a chunk at 21p within 20 minutes of it absolutely crashing and before all the brokers crashed/stopped offering prices. Then once they started up again sold at 26p as it had a bit of a recovery bounce. Easiest money I've ever made but it feels pretty dirty knowing how so many people there got decimated on what seems like potentially dodgy grounds.
As for Dor, I like the analogies there. Imo it is one of the most ramped shares I've ever seen. Short term I think it'll do well. Long term I am less sure. But with AIM the way it is these days lord knows what will happen.
Through LonZim Air (BVI) Limited Cambria previously owned three aircraft. Over the years a number of disputes arose in relation to these aircraft and certain associated contracts. At this point, in summary, Cambria will pursue recovery of claims related to these disputes that are now estimated to be in excess of US$10 million. These amounts relate to, inter alia, maintenance reserve and lease charges and related contractual interest, payment of insurance proceeds, deterioration in market value of the aircraft, and the significantly lower amount the Company was able to obtain through a sale, due to the poor condition the aircraft were found to be in. LonZim Air incurred US$205 thousand in operating losses for the period under review, largely related to extra-ordinary legal expenses related to the above mentioned claims.
Settlement with Lonrho
On 19 July 2013 Cambria reached final settlement with Lonrho Plc with regards to all on-going disputes, other than claims related to three aircraft previously owned by Cambria and leased to subsidiaries of Lonrho. As a result of this settlement, Cambria received from Lonrho US$2.7 million. The settlement agreed related to, among others, the Aldeamento Turistico de Macuti, S.A.R.L loan, the Churchill Estates (1995) (Private) Limited loan, the Lonrho Management Services Agreement, and the Hotel Refurbishment and Management Agreement. - See more at: http://www.noodls.com/view/422627C845BB6A6A3C06E7A128362BD550305C0F?88xxx1393488274#sthash.vgh3OECU.dpuf
Hi mate, markets seem slightly adrift. Both my RR. & KENZ down on excellent contract news, crazy, so IMO no worries for AIM. Interesting though, apparently no stamp duty to be paid on AIM transactions from 28th of this month. ATB. Trust you are still tanning yourself in Scandinavia!
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