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Great blue today...things really looking up now since new loan agreement yesterday..JMO Adyor
Are you for real? You really are a despicable little worm
Volume picking up nicely today, 2.90p paid, into the 3's very soon y the look of things 😀. Is the big turnaround on the way? JMO Adyor
Things looking very positive now, 30p by Xmas one assumes once that 5 tonnes of Cannabis plants gets harvested... Davinder and the BOD hopefully will fulfill all of those big promises made to shareholders last year....JMO Adyor
.."Look around at the small cap market, dilution after dilution at huge discounts.."
You're obviously not familiar with the terms of the Riverfort facility and how that has played out...and have ignored the value destruction at HELD without taking account of any shareholder dilution : the s/p is currently @2.7p, compared to a 12-month high of 22p.
Your complacency astounds.
It's the first positive news in quite some time and if I'm honest I was actually a little surprised. A few weeks ago we were told to expect plenty of good news starting soon and I thought it was probably more BS. Hopefully my bad. GLA
Do you ever actually read RNS's ?
The latest loan isn't from a bank, it's from a boutique .."a European investment and consulting house focused in health along with oil and gas, commodities construction, and financing,.." and is somehow (somewhat improbably, IMO) secured by an insurance policy, details awaited.
HTH
A £3m Mcap company doesn't just go and get a 1m EUR bank loan, they have to prove they have a viable business, they have to prove how they plan to pay it back, they have to undergo expensive due dilligence
Alot we are not yet privy to, but its a huge sign of confidence that the lender was willing to front that amount of cash at such a low interest rate
Look around at the small cap market, dilution after dilution at huge discounts
Its highly probable we start to see regular progress and newsflow from here on in
Additional funding was also mentioned, so thats more to look forward to
At least Dick Turpin and most other robbers have the decency to wear a mask. The BOD should refuse to take a salary until this gets back to the IPO price of 30p (remember the shares were consolidated about 12 months after the IPO) so any potential new investors don't get fooled by the charts or current SP vs the IPO details. The value of the company has declined by over 90% since the IPO through sheer incompetence it seems, and as for keeping shareholders up to date with the so called first harvest well that's a joke. JMO ADYOR!!!
LB view, if you've been in this at any time in the past twelve months then you are clearly underwater, as the direction has only been down, and the spread is generally too large to trade it seems..95 % down since IPO just over a year ago. JMO Adyor
Another 1M for what? A new logo printed shirt for Davinder? no...of course not...its for nothing!
Wrong :
https://www.investopedia.com/terms/c/construction-mortgage.asp
I have been in and out of this share since the IPO, keeping a close eye on this one and also, on the same theme, researching SEED (investment trust) this evening - special dividend
Ponzi comes to mind here? Why did the man bail out last July and ask for his cash back, what did he know? Just a thought but lots of smoke and mirrors regarding any actual crop ready to be sold? Too many questions very few answers it seems? JMO Adyor!!!
You can't mortgage a building site
Revisiting : what are the 'uncompleted' facilities about? Why is HELD 'financing the first stage of additional cultivation capacity' when it hasn't achieved first production yet - not even a pilot harvest by someone else, never mind its own ?
Reminder : it was 28 Dec,4 months ago, that HELD trumpeted this landmark achievement :
.."Elgo Dimitra, the public research institute overseen by the Greek Ministry of Agriculture successfully began [Ed.: for Halland75 benefit: note past tense ie more than 4 months, some time between July and December 2023] the cultivation of medical cannabis flowers for Hellenic Dynamics.."
Still running on fumes, IMO.
GLA
Soon will be back in 3p range for starters
Tc'sandC's, filter me all you like, explain to you other fans what is to be celebrated by a 95% fall in the SP since IPO, a botched loan agreement with Riverfort that resulted in a heavily discounted loan conversion for sub 2.5p recently instead of 9.884p, it was lauded as a great deal by Dav and the BOD in October, but only entered into it seems because a well informed investor wanted his cash back last year as announced on 6th July 23. Now a £1 million loan that is questionable as to what it will actually achieve for shareholders considering there has been no update on a crop sale. I've never seen so many smoke and mirror statements from a main listed company in a very long time. 😳 I won't be joining your fan club any time soon. As for investing genius he'll be gone like you once you recover your substantial losses I believe! Keep ramping away...! JMO Adyor!!!
Moniman, I will now filter you as your level of intelligence renders you beyond helping.
As others have pointed out in the past, this game is not for you. Stick to mutual funds where someone is available to hold your hand and reassure you when you are scared because you don't understand.
Still haven't seen any crop yet?
Tc'sandC's it was a £30 million company 12 months ago!!!! You forgot to mention that..Well done Dav, you should give yourself a big pat on the back for losing 95% of the company value since IPO!!!! JMO Adyor
For a £3m Mcap company to secure a loan for 1m at such a competitive low interest rate is impressive
There is likely plenty that they know that we are yet to be made aware of
Watch this space.
Riverfort loan o/s are apprx Usd 280k equiv.
Let's see whether balance is settled in cash or more shares b4 cracking the champagne.
And what are the 'uncompleted' facilities about?
The devil is in the detail, AFAICS.
GLA
The new loan, from an unnamed provider, is for Usd 1.05m
Again read the accounts. Are you not happy he didn't break them down for you in an RNS ?
Awww there there Moniman.
And we are still waiting to hear how the investment guru Moniman would have handled the short term funding...