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an email please to contact company?
Buys going through now.
Having obtained the requisite shareholder approval, the Company expects the Sale to complete tomorrow (2 October 2019) and has submitted an application to the FCA to effect the Transfer of Listing on 30 October 2019.
out.
if news drops I imagine many will get in after the event.
Could be a good day if it goes through.
Richard Griffiths 29% , R QUESTED 21% Shareholders according to last accounts.
What track record do these two have re other shell companies please?
will be putting some off
hoping we get a nice surprise very soon.
Showing 17% up
Not showing on here?
been paid now.
Looking to happen very very soon.
Best of Pineapple et Al
Getting higher .
Best of All
.........I agree Pineapple, the next week should be pretty huge given the disparity between cash and what the market is currently valuing the company at.
With a good wind , above 10p may be here soon.
Best of
Proceeds are already with solicitors, to be released once deal is voted through. No discernible risk here imo.
Sale of HDY business should be a forgone conclusion.
From news Feb 2019 - "Invenire has allocated $500 million equity to build a sustainable and profitable portfolio in the sector."
So the acquisition of HDY's business is small change for them.
13p-14p sounds good to me. We'd only be trading at cash up there, so it's quite possible.
Be interesting to see if any big trades pop up later.
Above 7p would be a fine start .
Best of
I wouldn't be at all surprised pineapple mate.
..............50k Block buyer hoovering up here. This is looking primed to go pretty soon.
.........People getting in here with more and more conviction today. Ticking up constantly on every buy.
.........Just 12 trading days left before we get the £7m. After 1st October we will have £10m cash plus the $100m+ in tax losses valued at over £4.5m if memory serves correctly. So the full value of the company not considering the main market listing should be in the £14m-£15m range and this is currently trading at £4.5m. Trading at less than a third of it's value, this will surely start building from here now IMO.
.........£15k late yesterday and the ask is moving up fast now on just a few buys today. This will re-rate very soon IMHO.
This looks an absolute slam dunk buy at the moment. Considering cash shells are so popular at the moment and considering there are cash shells with little cash trading at many multiples of their cash value, I find it simply unfathomable that a cash rich shell like this one is trading at little over one third of it's cash value.
Are there only a few of us watching this in an alternate reality or something?