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The 500k trades look like a Bed & ISA (or Bed & SIPP (I cant recall which is done at the Bid) rather than offloading.
He only posts here.
He always posts negative.
Filtered.
Btw most is the buy trades the last week have been mine - so some of us have plenty of carrots :-)
And it appears the offloading continues, although this time carrots are in short supply.
Well, the GM takes place in less than 20 minutes I wonder if anybody turns up from this merry band and if they do if they will report proceedings here. So far since relisting sweet FA has taken place to bolster the share price or indeed suggest the company is doing anything at all.
Margins will definitely be reduced through the outsourcing model, their pay bill will have gone down but they will be paying a lot to get the models cleaned serviced and shipped. Obviously, there will be no new models. Any income from brick live will be used to service debts and cover administrative costs, I just can’t see where there will be any growth.
It is me or is that not a bonkers situation? BrickLive is the only valuable thing on the balance sheet. That business has fundamentally changed, with this new outsourcing arrangement with previous employees, and SHs are none the wiser as to what these changes are. Why is it not RNS worthy?
They RNS'd Japan KPOP and naff all happened. They RNS'd some of these StartART fairs, which brought in pennies in revenue with probably zero £ to the bottom line and yet no RNS for the BrickLive changes. What am I missing here?
You may pose that question at the general meeting, but it's unlikely you'll receive an answer. Given the current level of communication, receiving an answer to any inquiry seems doubtful.
So consolidation will have to be part of any cornerstone deal?
Forgive me if this info is already out there, but have they outlined what the arrangement is now with BrickLive? What are the margins now? What are the numbers under this new outsourced model?
Absolute dead zone this share - then oops somebody else dumps a wad of their 1p confetti at a ha'penny.
Death by a thousand sells.
Given the nominal value is 1p Ludo is correct, this company can no longer raise funds without a consolidation.
If ranjit keeps selling then yes it will fall further. Has anyone considered that DC is ranjits puppet? Seems odd he always benefited but did sweet FA
Just an AGM
What meeting?
I see another 550k dumped at 0.5267 and a late 500k at 0.55 at 16.31.51 which could be either buy or sell the way the deals are posted as there are three trades of 88k all timed the same but numbed out of order.
Will it fall another 25/30% before the meeting next week or will it start a recovery journey?
Better in TERN
Knigel, when this was suspended you quite rightly accepted this was a mess and you wouldn't knock the doubters any more.
Here you are trying to tell us this shambles of an SP is somehow OK and we're wrong to be angry/skeptical.
Please set out for us the reasons why you hold but we should all sell - and if you can do so with some hard evidence that would be helpful.
Knigel, with the greatest respect, when this relisted one would expect the SP to be stable until there was some news either positive or negative. There has been no news since DC presentation and RNS, and the SP has just plummented. This I think shows how the market views this company and no amount of ramping or deramping comments are going to change market sentiment
I'm deeply invested in each of the 61 investments and the 12 angel investments in my portfolio because they impact my financial security and that of my family. Just as someone who works diligently to maintain their job for financial stability, to pay bills, and to keep a roof over their head, I am equally committed. Currently, the amount DC invests in the company is irrelevant. His primary role is CEO, and his duty is to add value for the shareholders, his employers, at which he is currently failing. Until he fulfills his responsibilities, he will remain a target of dissatisfaction.
You lot are obsessed!! So he’s like Ashley-Sugar-Green and countless other CEOs or large shareholders on the market - ensuring they make money .. you seem to forget has much of his own money in has plough in (at 3p) to keep this company afloat when he could just have walked away… we might have to wait until late May to find out if one of the two new investors come on board so I guess he have plenty of time to keep up with your DC bashing guys… but I bet if there’s good news in May - some of you will disappear like a flash or has a 180 degree flip flop of opinion .. so transparent…
Don't worry a little bird says it'll be 10p by Summer and 30p by Christmas
Just been quoted £0.62
Anything to do with David seems to be a way of him getting to live like a lord and everyone else bar close friends getting stuffed. He has no credability as far as I can see. Just under 0.65 to buy now.
However, this is likely to be though a share consolidation as they can’t raise funds at less than 1p
5p or 6p is coming
Quite right ASI.
What really does affect the SP is supply and demand. Sadly like today where past lunchtime there's only been one trade and its somebody willing to dump 250,000 shares at 0.6p.
LVCG need to do 2 things above all else to change this dynamic:
1) Ensure there's a wide demand for shares (and NOT by ramping/hype) - that needs solid improvement.
2) Stop the free supply of shares - that means cut out the penny confetti that's going to litter up the market.
Until then, it's all a sounding board.
Whatever is shared here is unlikely to impact the share price significantly. This platform serves essentially as a sounding board and a place to air grievances. Research indicates that groups like this influence share prices by no more than 5%-10% at most. It's akin to conversing inside a goldfish bowl; most people pass by without noticing, while the occasional passerby stops to watch the fish for a moment to feed us before continuing on their way. With my average at 2.24 and the current sell price at 0.60, selling now wouldn't be a wise decision. I'll hold off and wait for an opportunity to emerge that allows me to exit with my shirt still intact.
Well it be just as effective as the constant moaning - and ramping - on this BB. Some posters seem to think it makes a difference or will move the share price!!!!