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Nice rise this morning after the tumbleweeds of late. GM announced for month end, but only to "deal with the formal business of laying the 2019 financial statements before shareholders as required by the Companies Act". Hopefully the meeting will also contain a meaningful update for shareholders !
I had a little look over and believe you're correct on the PIK notes deadline. Do you think we will hear something tomorrow regarding this?
Would of thought some kind of decision would have been made on taking part or not before the deadline.
Same. Maybe it'll be something they'll announce at the general meeting later this month? If we don't hear anything tomoz or next week.
TF, how goes it? Surface doing well. well done. i think it was 14s when you told me. i will have to wait for aviation to come back to normal before i can take a few at Vl. any more pls? :)
TF, you're doing great. ESL not moved since i was here back in March :) Let me know when things are sorted and i can come back. Chariot, is that a long, mid term. are they expecting news soon? by the way, odx is a really good one to go into now. they've got the best antibody test on the market. lots of news coming up. if you get in below 90, you can get out at 1.10 - 1.30 when news lands which is due.
tf, its l2 data upgrade :)
TF, char looks really good. i will take a few soon. thanks
TF - esl has no control of when it can issue an rns if i recall. this is my new nick by the way, you know who i am. hzm looking strong with financing news q3 so will go up again next coupe of weeks. You've picked a few good ones mate. char, is that long term or do you see it climb near future?
TF, hard to believe esl is not getting a single post a day here:) But then again, its done nothing for ages. I will have a look at cyan. char is flying mate. you're smashing it. well done!
I think i looked at that before. Will take a few.
I'm waiting for odx and eua. Will increase when i get a decent return on those.
take some odx as it's ready to pop soon.
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
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
Something brewing, or just wide spread?
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.
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
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?
TP, take a look at late trades on GGP. £2mil buy - £33m buy
See Share News, GM meeting on Mon Sept 28
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?
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.
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.
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.
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.
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.