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Jim, Market has heard these numbers before, remember?
Pressure to get what away exactly? We just received a transformational RNS. The DRC rollout itself will have connected news flow starting with finance. Expect to see some interviews to follow to increase awareness in the investors space. An extremely advanced MSC is anticipated this year. When that comes through you'll be pleased to know that the RNS will be signed off by the NOMAD just as the DRC one was. Investors will make a lot of money from HEREON, the past is now water under the bridge as far as I am concerned. WSG is a different beast altogether and the next 12-18 months will reflect that.
Like I say Dr, pressure, Can Pete actually get one away to the market and past the Nomad? Maybe ask the Bod
The difference is now you will have a company which will have $20m revenues by end of the next financial year and producing profit. A small amount of debt to get us kick started won't hurt one bit. Previous debts were taken as we were not cash generative and needed to keep lights on. Things have changed. It is also noteworthy that the $10m DRC figure is the minimum we will receive in year 1. This could go up once we get a clearer picture of the latest passenger data. WSG is not the same company it once was and has taken what seems like an age to get to this point.
So the last one was 3 years ago?
Show me a list of sub £20ml AIM companies not to place in last 3 years now
Like I say Jim pressure. But please don't think this BOD think of shareholders for one minute. Heres some history for you
10 £250,000 in placing at 33.5p
4/10 £500,000 in placing at 41p
8/10 £505,000 in placing at 20P
10/10 £1M in placing at 25P
7/11 £625,000 in placing at 12p
4/12 £500,000 in placing at 17p
7/12 £1.4m Loan Note
2/13 £1.48m in placing at 30p
4/13 up to £5m at prices yet unknown
6/13 £1.18m convertible loan note
7/13 £100,000 drawdown from EFF
9/13 £700,000 drawdown from EFF
9/13 issue of 4.6m shares against the Convertible
9/13 £200,000 under the EFF
11/13 £530,000 under the EFF
3/14 £450,000 EFF/new investor
8/14 £1.25m at 40p
12/14 £1m at 25p and 33p ( EFF)
4/15 £2.3m ( gross) from CULS and EFF
10/15 £1m gross from CLN.
2/16 £475,000 Loan Note to Darwin
6/16 £1.3m from institutions at 10p
11/16 £1.1m from Darwin
02/17 £0.6m from a new investor at 11.625p
04/17 £1m from Beaufort at 10p
09/17 £750,000 from Beaufort at 10p
1/18 £750,000 at 22p
7/18 £250,000 convertible at 10p
8/18 £500,000 raised at 10p
2/19 £500,000 raised at 10p
7/19 £1,000,000 raised at 10p
1/20 £1.75m Placing at 12.5p
1/20 £3m Financing facility
11/20 £5m at 4p10 £250,000 in placing at 33.5p
4/10 £500,000 in placing at 41p
8/10 £505,000 in placing at 20P
10/10 £1M in placing at 25P
7/11 £625,000 in placing at 12p
4/12 £500,000 in placing at 17p
7/12 £1.4m Loan Note
2/13 £1.48m in placing at 30p
4/13 up to £5m at prices yet unknown
6/13 £1.18m convertible loan note
7/13 £100,000 drawdown from EFF
9/13 £700,000 drawdown from EFF
9/13 issue of 4.6m shares against the Convertible
9/13 £200,000 under the EFF
11/13 £530,000 under the EFF
3/14 £450,000 EFF/new investor
8/14 £1.25m at 40p
12/14 £1m at 25p and 33p ( EFF)
4/15 £2.3m ( gross) from CULS and EFF
10/15 £1m gross from CLN.
2/16 £475,000 Loan Note to Darwin
6/16 £1.3m from institutions at 10p
11/16 £1.1m from Darwin
02/17 £0.6m from a new investor at 11.625p
04/17 £1m from Beaufort at 10p
09/17 £750,000 from Beaufort at 10p
1/18 £750,000 at 22p
7/18 £250,000 convertible at 10p
8/18 £500,000 raised at 10p
2/19 £500,000 raised at 10p
7/19 £1,000,000 raised at 10p
1/20 £1.75m Placing at 12.5p
1/20 £3m Financing facility
11/20 £5m at 4p
6/21 £2.5m at 5.7p
Thats 32 placings!
thats a share number increase from 14 million to a staggering 330 million.
Great record that, must say
I thought one of the last placings was to get rid of debt! Just going in circles, debt to equity and back to debt imo.
I actually know for a fact that Peter has been under considerable pressure from the Nomad regarding RNSs ever since they took over. I actually wonder whether he could get one away anyway such is market sentiment regarding the BOD.
Hi
This is illegal market manipulation by the way.
WSG is one of the few companies which has not diluted share holders since 2021. Despite derampers slating the company and accusing them for so long they have protected shareholders in what has been a torrid time for investors . So many companies have diluted their shareholders to oblivion or completely gone bust. Now that WSG is on the brink of profitability I don't think they're about to shaft shareholders. PF in yesterday's call explicitly state that debt is the "preferred" means of funding and the initial amount is not big. They are spoilt for choice in terms of funding options and will select what is best, it's a good dilemma to have. UKEF and others will be in picture over the longer term as the project is gradually rolled out. Those conflating our funding with a "lights-on placing" are driven by an agenda, that is plain as day for all to see. Enjoy the price whilst it's low - value will out and those lapping up the cheap shares will do very well. The company is turning a massive corner and the shares are closer to historic lows - so much scope for growth and appreciation.
How many times we heard that FIRST 🤔 calling before????.....
All the way back to 1p.......
Keep on trying.....or maybe give up more likely.
Placing imminent…. You heard it here first. Foolers pension pot for the new tax year.
I cannot argue with the logic, a lot of people will play safe and see how the funding is done. Normally with a placing you'd be able to buy size as they sell stock down but again you cannot even buy 10000 online at 3p and has been like this for a while. Good luck to all I'm going offline for the day
Great news this new contract but still feel part funding get finance 4 this contract will be done via placing
Work down the offer online 50000 is NT 25000 is NT...10000 IS nt...even a miserly 5000 is NT to buy
I'm old school Petro. I used to check my shares on Ceefax that tells you how long I have been doing this lark :-))
Now what is upsetting you this time...I'll be back later..too quiet to sit here all day watching paint dry
OMG, Davey is pumping this stock :) He always complains that all AIM stocks are Ponzi schemes, and he loves pumping his own poo and deramping other stocks.
Davey, I'm not sure which account you're trading from. Perhaps next time, switch to live mode from demo. lol hehe
50k max online at full 3p...still think there is a sell to show a lot of buying this morning will no upward movement
Hey petro...clueless...ah thanks petro I love compliments. I have been trading for a living for near on 20 years now. And tough times this year but I will survive thanks but again thanks for the compliment.
ps..hour past since 8.17 L2 drop fest and not one delayed sale shows up?
I bought at 1.45 is that ok
I warned all the newbies investing here last week not to get caught in spikes when pumpers and traders are pumping to exit for small profits.
davey50, another clueless individual and now he doesn't know what he's talking about.
If they were offering millions I might be concerned but it's 250k max at full offer 3p online
What's wrong with a company that is probably now the best it's ever been I am new to here but find your comments unusual
Once again a short visit to a price below 3p.....
And Once again quick rise......
Some healthy demand to buy at this level, wonder 🤔 why......
GLA.
The ratified contract is a gamechanger for the company. We are expected to tip into profitability next year. Once we are cash generative the company will no longer rely on the market and will be growth focused. The share price will align in time, now is the time to accumulate shares. WSG has been one of the better companies on AIM not having issued any shares over the past 3 years, carefully managing cash in what has been a torrid time on AIM and the markets in general. Following Covid, then the Ukraine war and unstable markets the board has been very sensitive to its shareholders. They're not about to rinse us now despite what people may have you believe. $10m additional revenues IS significant and will only rise. GLA