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Magnolia Pet Share Chat (MAGP)



Share Price: 0.70Bid: 0.50Ask: 0.90Change: -1.60 (-69.57%)Faller - Magnolia Pet
Spread: 0.40Spread as %: 80.00%Open: 0.625High: 0.90Low: 0.35Yesterday’s Close: 2.30


Share Discussion for Magnolia Pet


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Robsky
Posts: 4,595
Off Topic
Opinion:Hold
Price:0.70
RE: I have 35,000 no votes
Today 17:44
I am in with 25000 NO NO NO votes.
 
dogger
Posts: 248
Off Topic
Opinion:No Opinion
Price:0.70
I have 35,000 no votes
Today 17:30
If anyone is counting !!
Vyrnwy
Posts: 16
Answer
Opinion:No Opinion
Price:0.70
RE: Where does this leave WED
Today 16:58
Mr English

The consideration shares for the deal must have been for an imputed value. I'm guessing they projected an exit value at certain stages in time, at least based on the SP at the time of the deal. That won't be met.

They aren't insiders but it bothers me that they went ahead with the deal just two weeks after the 2016 accounts were published and by December, five months later, they had deployed the first $500k.

In any event, it seems too coincidental to believe that further deployment didn't occur in the last +5 months for any reason other than suspension given the 'this will be the first of many ' remark of WED in the first announcement.

Where that leaves them and the agreement is anyone's guess.
itisagame
Posts: 1,055
Off Topic
Opinion:No Opinion
Price:0.45
RE: Hate to say I told you so.....
Today 16:35
Amazed it dropped from 2.26p to 0.25p on a £291 sale first thing. And volume through the day was pretty low.
thickasabrick
Posts: 329
Off Topic
Opinion:Strong Sell
Price:0.40
So Long
Today 16:01
Rita is taking the company back home and we/you - the shareholders - are dispensed with. I am sure she or a family member are picking up enough shares at the new bargain price to carry the vote. If not, the cost of trading on Crest will be more than our holdings are worth and, anyway, who on earth is going to buy? I sold out this morning while my holdings could still cover the trading fee! It's a hard lesson which was learnt a few years back. But now it's pointless imo hanging on hoping for a miracle. Good luck in the future to you all.
bakky
Posts: 5,495
Off Topic
Opinion:No Opinion
Price:0.40
RE: Hate to say I told you so.....
Today 15:58
on the contrary, Rita hasn't failed, she has done very well here, BLED IT DRY and now cheekily going for the whole lot for next to nowt now...vote NO...
Igetsit
Posts: 31
Off Topic
Opinion:No Opinion
Price:0.40
Hate to say I told you so.....
Today 15:53
.....but I did tell you all Rita was doomed to fail
SHADOWW
Posts: 3,653
Off Topic
Opinion:No Opinion
Price:0.40
900k buy
Today 15:31
in at 0.50p
MrEnglish
Posts: 1,113
Observation
Opinion:No Opinion
Price:0.45
View Thread (4)
Where does this leave WED
Today 13:54
Without seeing the actual contract with WED it is obviously impossible to say, but I would assume they have an exit clause that means they are not required to meet their $10m agreement if this is delisted. They may have an exit clause without it being delisted but in that scenario I would expect them to forgo other rigjhts???

Vote No and take the 'them' down with the rest of us.
quindell
Posts: 9,843
Off Topic
Opinion:No Opinion
Price:0.45
View Thread (2)
RITA
Today 13:39
YOU BIATCH ...... on a crazy high salary year after year with no shame...... glad I sold out pre consolidation at 0.09p at a loss




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