Main market gets 4 months I believe and I imagine WGP will use every single day of that. Might not be a profit yet but they should finally be able to report strong revenue numbers. They were listed on Frankfurt for 9 months of 2011 (and in 2010) plus 5 weeks on LSE and raised funds in 2010 and 2011 (£860K in 2011 pre-LSE) and with full years for Jarvis, Ladbrokes, I-mobilemarkets (IDC), Worldspreads and co, you would think that they will finally be reporting revenue in the low millions or at the very least high hundreds of thousands. Will be interesting to see. To be honest, I would settle for revenue higher than the MDs salary for once. £1M plus revenue would be a very good result IMO.
Is there any date set when Balance Sheet and Accounts at 31 December 2011 will be released. It cannot be too complex, given that there will be few entries. Then of course there is the small matter of an AGM date to be revealed.
And there's me thinking it was just me and Base left on the Board! So, what is the consensus then on the RNS? We knew it was coming after the pre-action letters but nice to see it finally arrive. Interesting they have gone for a big one. City Index might not be that well known compared to Ladbrokes etc but I think these are owned by Michael Spencer who is very powerful and has pretty much unlimited resources at his disposal. If WGP win this, the precedent will be very strong IMO. All the other players will know who Spencer is so to defeat him publicly or force him to settle would be huge. Ballsy to state this "comes after communication with the infringing company". I think someone forgot to say "alleged" in the PR bit as its pre-trial! My take is this is positive as it will decide the future of the UK patent one way or the other and it definitely isn't Acme Trading. If you're going to prove yourself, might as well do it against a big dog. Surprised we are not looking at 35p + on share price, much bigger than OMT announcement.
Hear, Hear mate! I couldn't agree more. Let's see if an out of court settlement is reached, if so it could really set a very important precedent. The big players will be watching to see how this goes. Make no mistake this still has the potential to be a major nose bleed to them !! Therefore they may get in early to do some damage limitation?
There are some posters on hear who have mixed feelings about what has gone on in the PAST and perhaps need to move on and get over it, Accusing people of wrong doing by jumping to conclusion is not going to help anyone. todays rns is another step in the right direction hopefully towards proving our patents.
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