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I hope I’m wrong but I think now reading these articles from previous co founders complaining and the sky news article back in august they have had long enough to do their cost cutting and find a shared investor. I think they didn’t even get to the second phase of discussing figures due to interested parties saying they would be doing them a favour to just take it. Now there’s no reason to suspend shares because it’s falling on its own.
TPG have just been bought out by one of their debtors for 2.25p. Sp rose to match that from a low on Friday of 0.78.
They could have been heading for administration too. The founder of MADE still owns 8.5% of the company and says he's frustrated by events. Obviously a gamble. Wouldn't get in except for a punt if I wasn't already in but doesn't seem much point selling now.
Yes could be admin end of 31st or beg of 1st. Lingering on falsely as if it May come up with something is just as painful waiting for me.
But it wouldn’t surprise anyone if this goes into admin very soon lol …let’s keep it balanced!
Wouldn't be surprised to c this turn blue very soon
Somebody is buying here
Well it’s not suspended which holds a very big ?
You n ver know what’s happening
Any kind of half decent news of a buy it’s 4 fold from here
Even shells are valued higher than this
Buy it at 25m was risky
10m less so
2m is an absolute bargain
Valid points JL76. Its been a crazy week starting with this time last week when the question was 'how much will they get' which dramatically changed to 'is this the end of the road'. Lets hope the BOD are true to their word and do what they can to ensure survival and brighter future for the business in the months and years ahead under whatever banner it will fly under moving forward.
Just remember this was valued above £25m last week and there were interested parties
Now it’s valued at £2m, bidding war will commence.
Anybody interested at £25m will be very interested at £10m. That’s a 5 fold increase from here
Just got in at 0.54p bringing my average down to 2.04p. Here's hoping for some relatively positive news this week.
Would it be naïve to think the BOD had a contingency plan in place for the scenario that played out of all interested parties not progressing their interest in the business?
Can sell far more than you can buy currently
Just watch. Been here many times before. This will double from shorts closing alone
Shorters closing and all sellers are out
Hugh spread means impossible to make any profit for day traders, with the significant risk of suspension anytime MMs playing it very safe!
Huge bid at 0.45 now
Bid risen 10%
Now 0.45 bid
That’s nearly a 33% spread
At 0.402
What’s the sell price as buy is 0.58
The spread is crazy No one’s going to buy
Yes you can buy now on Hailfax
Probably just as well JL76
I can't believe this is still allowed to trade with the finance position of the company well known by the markets
I’ve not been able to top up since the markets opened