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No it was the sell order that gapped the price down....its reported after market....
Really a buy?
Strange movements today wonder if an order being filled?
mms offering their cheap IPSA for more..... we might even end flat!
His arrival and drop could suggest news soon. Let's see. I'm not too fussed about his posts. And we still have the additional £4m sale waiting so all good here. This is going to really push the turnaround over here
a few got scared out sadly 3.2 mill gbp vs 4.2 mill gbp owed.... that leaves 1 mill and the 1.2 mill owed to the Bod (who aren't exactly gonna call that in......) de risks IPSA however you want to spin it.,.... i think we will see a 250-300k delayed sell to
He's been removed it seems
getting the payment again is NOT bad news "The balance of the purchase price owed by Rurelec PLC in respect of the turbine sale in 2013, amounting to £3.2m, is expected to be paid in the first half of 2015. We continue to hold further balance of plant, valued at £4 million, which we expect to sell in due course. The Group's only significant liability, with the exception of the £1.2m owing to the directors in respect of salaries accrued but unpaid, remains an amount owing to Ethos Energy Italia SpA (formerly Turbocare) of £4.2 million. "
the second payment has been agrred to be paid in September 2015, im sure that's a legally binding agreement. how can they/ why would they then ask for all the payment before then?
this is flat now on the rns from the latest news.... we could have 4.2 mill gbp cash coming our way in the next 3.5 weeks.....
clearly lacks any insight into running a business and has an agenda given he has joined just to slate it and disrupt the board. Also is a previously banned member and has no interest here. I will report every post of yours as you are here to cause a nuisance by posting the same crap again and again.
Yes ...and it's not an insignificant amount too.... However you want to spin it receiving 4 mill quid and paying off 4 mill quid of debt is not bad news...... 2 - 2 = 0 not minus 47! However here the nav is 7.2 mill gbp the market cap is 1.8 mill gbp..... Less debt will not change the nav but it will significantly improve the debt loading ....
You sold months ago? But decided to join just when things are about to get interesting to tell us all how bad an investment this is? Lol please. Go away. REPORTED AGAIN.
As for the drop - I suggest you read the email explanation direct from the company which has been posted many a time. Seriously now - get a life and move on. You sound like a creepy ex that just won't let go.
How would you know th typical LSE response as a new member? Unless off course you've been banned previously for similar behaviour :) am I surprised? Nope
You say you've been in this share for years, and over the years the sp has dropped and dropped, and you make the case for no positive future, yet you're still holding????
And just to help your simple mind - I didn't post on here at all for over a year on any board. Now carry on disrupting the board and I'll carry on reporting you.
1) i didn't need to mention it, it's been discussed a number of times previously so most should be aware how it is going to be used. 2) more focus has mentioned it a number of times again however it doesn't negate the fact it clears a deficit and we still have a strong NAV. 3) it is not going straight to them, part of it is to settle the outstanding security. 4) I couldn't care less about your opinion as such. 5) we will see where this goes long term by which time you'll probably still be on benefits living with your mum. Now bye bye
What are you on about? I had a holding before the payment news came in as it was anticipated since the end of last year. I have done far more research here than you hence not taking the tosh you've posted. You really are a nasty piece of work. I don't need your luck, I'm fine without. Again you're just showing your intentions for posting here. 13 posts all on here slating it. Well done
What do you mean "here you go"? You're not showing me anything i am not aware of or anything of use.
No they missed the deadline ages ago however it was always anticipated the payment from RUR would be used to settle it. You clearly dont have a clue. Is that why IPSA were issued court costs from IRIS? Is this why its still lingering ajd hasnt gone anywhere? It's a baseless claim. They breached the terms of the contract not us. I dont "dream" with investments. I do my resesrch and invest accordingly with a view to seeing growth. The fsct youve held for years tells me clearly youre not someone i need to be taking investment advice from with all due respect, offcourse. No , youve come here to de ramp be ause you know this is a turning point for us and helps moving forward with a view to returning shareholder value. We all know the relationship between IPSA and RUR but now youve cleared that uo i guess youll be leaving :)
Oh dear. Think your post is pretty clear of your motives, I suggest you do your research. Iris failed to pay despite extensions you are aware of this? And because things take time. Anyway i expected a reasoned discussion which isn't going to happen because thats not why you're here is it?
And also bear in mind the outstanding amount has been accounted for in the results/ interims.
IPSA Group PLC (AIM: IPSA), the developer, owner and operator of power generation capacity in southern Africa, announces that at a court hearing in Malaysia today, the court accepted an application by IPSA that the Malaysian courts should not have jurisdiction over the claim brought by Iris Ecopower Sdn Berhad ("Iris") as previously announced on 21 November 2013. Iris has thirty days in which to make an application for leave to appeal the matter in the Malaysian Court of Appeal. The Court also awarded the costs in favour of IPSA. They have also made no provision for this claim as its a load of *******s.
To make it simple for you to understand 7. Assets held for sale This comprises directors' valuation of the balance of plant which was not sold to Rurelec PLC and is currently available for sale.(approx £4m) 8. Trade and other payables Trade and other payables include: a) An amount of £4.2 million claimed by Turbocare in respect of the balance due for refurbishment work completed in 2008, plus storage charges and interest. b) An accrual of £1.2 million in respect of remuneration due to the directors and which is subject to agreements which anticipate payment in full by the end of June 2015. Is that simple enough for you?