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Retired banker, stop poisoning the world, he is not making 20% rns clearly states this broadly equates to the interest paid by dc in his asset backed loan, so love him or loathe him , these are facts.
Knco - If this share does gain some ground back, I will sell this dog of a share but not when it opens at such a drop, only a fool would be likely to do so. We regained ground slightly but I'm still 76% down on my investment so will wait and watch until such time as it isn't so much of a blow. In relation to placings and placees being privy to information not known by the greater market this is still market abuse regardless of how you want to look at it and this potential insider trading has been submitted as potential evidence to the current ongoing investigation with the FCA and Insolvency service. Is there anything you would like to add to help the investigation along, as this board is being monitored by the investigating officers.
For the third time, i don’t know who this tintin is but it’s not me.
There will be a webinar on Monday and hopefully David can explain the vision.
Thereshegoes - you ask "Why would David issue a convertible loan at a PREMIUM of 50% of the suspended price and THREE times the small placing price? " ... I can give you a very simple answer 20% per annum interest on the loan !!!!
I would have converted my entire pension fund into LVCG Convertibles, if I was going to get 20% guaranteed !
I'm still amazed that several posters on this BB still state they receive insider information from DC ...
... knco/tintin - I'm utterly convinced that DC has assured you that the sp will rise to 10p very, very soon - what he neglected to tell you was this would be accomplished by a 20:1 stock consolidation ! Atleast we have something left we can trade
I also want out, but I'm also not stupid enough to sell at this price when I'd already written off this investment. Also, glad to see you're alive TinTin, sorry KNCO.
Well said 212hl 👋
Have a good day
Why the bickering again? People read the same thing different way that's how the stock market works. If you are not happy sell and move on, if you are happy to hold then hold and if you are waiting to sell at appropriate time do that. I am going to stick around for a bit longer and see how it goes. But not blaming anyone here, the only person to be blamed is DC.
Confirmed! Knco is Tintin in disguise - a 30p ramper again.
There shouldn't be things that cannot be said here!!!! That's the whole point.
This is a PLC not a boys club
Jimmy- you seem a nice enough chap. It will take time but 30p plus is a distinct possibility, nobody can force anyone- if you believe hold/buy if not sell. There are certain things that can not be said here. Gl
Haha! I am thankful to NOBODY on here. It would have relisted without your money, trust me.
Clearly info has been divulged to you and other placees. All I'm asking is for that info to be put out to the market, instead of them letting the SP cave, like they have done.
You’re a hypocrite and yes i still stand by my comment, it’ll take time but again you have no idea what is happening behind the scenes, 30p has not been plucked out of thin air and it won’t happen over night
I think we can all read - I want out.
I repeat I never said when or at any price, so I wait for my opportunity - that will be my choice as it is for all of us
In the mean time explain this one from yesterday:
"This will re-list and anyone who sells will regret it a few months down the line. I genuinely think that this will not only hit 10p but 30p plus, i know it sounds crazy but this will be a completely changed company. It’ll take time to reach its full potential but there is a plan and it’s not jam tomorrow. Gla"
Now we can see who you are. - want to carry on with the silly games?
Look at my post below.. no more words for people like you!
And as for accusations of hypocrisy??
I've been absolutely consistent with my view from day 1. I have NEVER said I'll sell up for anything, just that I want to get out when I can.
I don't need financial advice from you or anyone else - nor does this board need your peddling.
I too will be out as soon as I can.
For me it's been an expensive haircut, and my biggest AIM stake but at least it's not something which changes my financial plans either - never gamble what you can't afford to lose and I always treat my AIM shares as just that.
I will be out because it doesn't matter what "super" news we are blinded with - if this ever relists - I know we're dealing with a man/company that can take this lower than you could ever fear.
I'd rather have my remaining funds elsewhere out of principle - I can't forgive the last 2 years of failure and suspension.
This was your post a few weeks ago!!! You really are a hypocrite and not a man of your word, think everyone can see that.
Now for the record - here's my full take:
I remain invested because at this price it's just not worth selling. DC has injected support for the business (only a small part at 3p the rest is convertible loan notes, which you should read up on) so we live to fight another day.
Relisting below 1p is not wonderful news, but it's less terrible than the alternative.
LVCG operate in markets and sectors that should be very lucrative, but has repeatedly failed to do anything right. With new investment and new FD this could yet turn around, but we are still devoid of info on future direction of travel.
For me today's RNS is simply a stay of execution until we see the plan.
I am very annoyed some on here claim to be inside and know but can't say....
Ben , again you said you will sell and you just want to be out even at a loss as you don’t believe in dc… sell now!! You’re a hypocrite!!!
Yeah! that's right - can't beat the argument, so beat the man.
If you aren't 100% happy sell up - that way the evangelists can get the board to themselves.
Any more pearls of financial wisdom MB10, sorry Knco or whoever you are :-)
Newsflash - just because you are involved in something doesn't mean you have to be glowing about it all the time - in fact telling it how it is can be vital for balance.
30p soon eh?
Ben why don’t you sell up? You said you just want it to relist and sell for whatever… well do so and move on you hypocrite
Ben it’s not about not asking questions but without the funds and placees it would not have re-listed! That’s a fact!
That's right Jimmy - be thankful. Don't ask questions, don't rock the boat.
The good lord DC will provide.
Praise be!
BTW - I liked your last post, spot on.
Jimmy be thankful, if sh didn’t participate there would be no lvcg to trade, aim was strict and funds were needed before re-list. There will be a lot of news flow
Hurrah we can trade!
So we dip below 1p within how long? How predictable was that. People selling at any price, which is madness but I get it. Must feel like a monkey of their back, after last 7 months.
I like that staff are incentivised by the SP with the options. I like very much that DC is putting his own money in (at a premium) when he could have let it go to the wall. The key question in all of this is why has he done that.
I don't like that everyone who took the placing seems to know something that they are really positive about and yet the company can't announce anything to stop the SP caving in. Placees could have gotten 20% cheaper this morning.
Got some at 0.92p earlier. Market currently unable to out a value on this which is understandable. Potential for a huge rise once the fog clears.