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managed to get out at 2.10 with just 300 quid loss. Hopfully everyone can get out too but that is a bloody big drop now 50% :(
at least the directors & staff will feel good about their bonuses. Cowboys!!!!!
taking OUR money, giving it away as Bonuses to themselves and running for the hills.
thanks!!!!!!
once again F**k all for shareholders who supported them!
Actually - wrong exchange rate - thought it looked wrong
Net Assets £10m
after Bonuses £8m (mainly cash)
but got ongoing operational losses
maybe undervalued slightly - maybe 4p is reasonable
still no ongoing plan from company
Finally get a true overview of how the sale effected the Financial Position,
Net Assets of £5.5m (taking in todays Exchange rate) but they have just paid out £1.1m in bonuses
so i give current position circa £4.4m and the BOD have stated that it is going to continue making an operating loss
current SP probably about right but balance sheet reserves will reduce and they still don't seem to have a plan on what to do next
what a joke - so they are paying loads of bonuses for staff to sell a complete failure for 35p
i think this wipes a lot of savings made
look forward to seeing accounts and notes to get a clearer picture of the sale but this massively reduces shareholders funds
.
Think you will need to wait until Final Results in September to be published prior to having a clearer picture of the state of the company and if they will stay listed
Telling you now this will go above 4p my target ... told you first
Target will revise when we hit that
Just a waiting game riding the trend
Volume has been low. Spread has halved but still no buys or sells and SP going up...
anyone care to shed any light?
50k and 100k buys
Confirmation of return of cash balances.. (it always makes me laugh that some buy after the news - not before. We knew this cash will be returned so the sensible acquired shares over the last few weeks at a cheaper price :-) BTW not sure what the company will do with the cash - keep it in reserve, acquire an asset or a return to shareholders. There will be more news soon..
Getting closer to the magic figure. They have the money in the bank. Now what? i will be happy with 3p. well done rocker. Your patience and knowledge will hopefully pay off.
Well I really hope you get more than 4p in proceeds after dealing costs! :-) just joking.. patience may be rewarded here
In uptrend , holding since last year i will get my 4p
Not taking much volume to move the share price now.... obviously now finding a new level after months of flat lining... not going to make predictions but perhaps worth holding on for the time being or adding considering the building interest being shown...
IF the debts re the leases are transferred - what is left ,If some rest with the company ??? Can't see this has any future as a an AIM company -small enterprise.
Well the asset disposal was known for a while and has now happen - so either the rise relates to rumours of further news ie. like another asset disposal or it's twitter gossip highlighting this share as being undervalued. The other reason may be low free float as not much volume is pushing this up...
but based on what information? there is one person on twitter seems to be pushing 4p based on asset disposal. Fingers crossed but i dont know where to find research information.
nice to see a rise.
My holding Looking very healthy will be wait for this to breach 4p
Quite surprised by the reaction today.. we knew the disposal was taking place - the confirmation of the expected conclusion causes the share price to re-rate lol... never will understand the markets... The cash balance is great.. the balance sheet is not great... however lets see the next results and hopefully a cleaner more transparent financial statements... will hold but tempted to sell if 3p is breached gla
�1m to be received. MCAP �3m... NOT �11M RECEIEVED!