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Exellent news
What is our next news date on ESL chaps?
Truth I’ve been up down up down probably about even for the year overall! So been a pointless exercise thus far lol.
Got a decent slice of vela and G3e right now ( and still got mtfb obviously) G3e is gonna be one where people are gonna kick themselves for not reading rns’s properly. ; )
I will let you return to all things ESL I hope you all do well Adios (for now) and GLA.
Still fighting the good fight truthfactory. ; )
iPhone I am beginning to think as you have mentioned. Better off trying to make up the 40% somewhere else, sounds like ESL are stuck in a situation where there is no good way out. Thanks.
I will do some more research on EUA...
TF, thanks mate. Watching the trades everyday. You will often see whats coming ...i will take a few and hold. will add more.
swizzer2020, i was in ESL for a long time but they're not in control of things. Debt with huge interest on it etc. You have to decide but it will take a while before things may improve here. You may make that 40% quicker elsewhere imho. But i could be wrong. Its your call.
I am 40% down on ESL at present. Do I bail out now and salvage what's left, or is there a chance of recovery?
TF, thank you. looks very interesting. may have news very soon peeps think. i will get in and take a punt. By the way can you not afford a premium account? :) for 260 i think, you can get L2 data and i can message you direct. If not, i will post on the stob bb. Thanks TF.
Worzel, point taken. cheers
Not sure what Petro Matad has to do with ESL, This is the ESL board.
By the way, esl, i'm glad i went out with little profit. A lot of peeps made huge losses here.
I doubt it will drop much lower but for any newbie, there are probably much better companies out there you can choose to invest in and this would have to be on a 'watch list' till they change.
TF, you'e 100% correct. It was dark time. No idea if the nomad was pushed or jumped. They got a replacement but left it to the last min which was stressful. A lot of shorts were open on EUA and i think the BoD locked them all in with the suspension and burnt them all with a great rns . JUB capital, literally went bust. Tom W is still recovering after losing 400k. But those shorts still hate EUA. For me, its my 1 chance to make big money. I'm well in profit as i got in very early and will hold for the big sale. Interim results expected in days.
tf - i would love to know more info on eua. pls give me some more details before its too late then. the nomad situation was resolved. we've got a new one. why are u nervous about it.
Hopefully with more time (can kicking) it'll mean they could maybe raise more equity when it comes to that point.
I'm assuming the loss shown on fair valuation is because the market cap is lower than it was when unsuspended in Feb.
What does that value actual mean as well? Normally market cap would be how much a trading business is worth. But with this been a cash shell I'm guessing that's not the case.
Of course you do
I'm guessing because the deadline for needing to convert to an aim investment was pushed by to 9th Dec 2020 then maybe the deadline for the PIK notes got pushed back to similar timescale. As it's conditional on shareholders agreeing to convert to an investment company in order to take part in it.
Find out on Mon/Tues what they decide. I'm thinking they might try issuing new shares to raise capital. If that's the case then how much and what price. Usually less than what the current share price is so be looking at issuing 100,000,000+ new shares. Obviously just a thought but who knows.
Truthfactory
Sold out of GDR. Glad to have left that dog with a bit of profit.
now have cash to invest. are you still confident on cyan and char? do you have anything you have seen lately?
See Share News, GM meeting on Mon Sept 28
TP, take a look at late trades on GGP. £2mil buy - £33m buy
TF, at eua one of the directors has been moved. changes at board level. Dimitry owns a lot of shares. biggest holder but i doubt he would sell. what do you think mate?
TF :( no. waiting for funds from 2 or 3 stocks. kicking myself. another great shout mate. You're different gear at the mo Lol. Keep going mate
I think it's due to low volumes and a few large buy trades with big total values pushing the SP up. I wouldn't expect too much from the rise and a few big sells will bring it right back down again.
I am eagerly waiting on the general meeting at the end of this month (Monday 28th). Which should lay out what Dbay plans are, plus regarding the PIK notes as we still haven't heard anything yet regarding if we get to take part or not. Deadline passed on the 9th on participation.
Something brewing, or just wide spread?
Thank you mate. Yes, it was a very strange time when our nomad left. i think eua dealt with it pretty well. The suspension was to lock up the shorts imo TW's group. Look up JUB capital. TW has been saying we are frauds since we were 3p :) He's called it wrong on EUA so many times, he's been embarrassed. If you type TW eurasia on google you will see how he's called it wrong time and again. I think the company will be sold for over 60p+ and that would be great for me. cheers
TF, why. i hold a lot there. i'm holding till full sale. Why do you say that? Is it because of Tom W group?
TW lost 400k shorting EUA. A company called JUB capital liquidated due to EUA (short closed today, see below). Oils man Jim etc, all got hammered. What have you seen pls let me know mate. as you know, am big in EUA. Cheers TF
15-Sep-20 16:03:34 5.0655 14,500,000 Sell* 19.00 20.50 734.50k