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Member Info for MrMagic

Member Since: Mon, 13th Jun 2011

Number of Share Chat Posts (all time): 7,408
Number of Share Chat Posts (last 30 days): 149

Last Posted: Today 09:24

Post Distribution over the last 30 days

Today 09:24

"I just wish they would cut overheads and pretty much mothball the company until JMS pays out. Dilution for operating costs without any sale of worked up assets is simply not sustainable"

Totally agree. Should have been done 2 yrs ago.

"MFP must be due to complete soon?"

Really? Can you lay out the normal deal milestones that would be expected to happen after initial proposal/LOI?
Wed 17:09

"You all prefer to listen to MRM and everyone else who wants you investments to fail."

Utterly untrue. I'd like to see everyone make money . . . . but to do so through the merits and successes of the company rather than through dumping shares on mugpunters on ramped promises of jam tomorrow at a time when the company is continually issuing more and more shares.
Tue 21:53

lol yes it was posted and it was discussed, just go back a few pages. Bottom line for me was that any such research which failed to make any attempt to forecast the number of shares likely to be in issue within the time period they expected to be able to realise value from assets, is not worth the paper it is written on. The report didn't even factor in the 450m shares that RRR had already stated it wanted authority to issue (2nd Oct). Add those shares in and the 0.63p drops to 0.52p in a flash. Then of course factor in whatever shares RRR want to issue in 2015 which we will presumably be notified of at the coming AGM. I'd love to see a thorough valuation by one of these companies.
Tue 19:11

Looks like I was wrong.
Tue 16:50

an RNS tonight. Let's see if I was right.

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