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Good morning all
Waiting for that touch paper to be lit again and for this to climb once the board have reviewed their numbers.
They will still need to buy up a huge chunk of shares to make the vote stick............. Its a game of poker, don't waiver they will stump up at 2.5p+ or even 3.5p+ to push this through. Hold on to those golden tickets
No they don’t need to buy any shares. They just need 75% of votes cast on the day and imho they will get that easily. Mainly traders in here who won’t bother to vote
Exactly same position being played out here as in Parsley Box (MEAL) a few weeks ago.
Shaa
What was the outcome of MEAL?
Went into private entity I believe.
That too was being traded heavily, up and down.
Wasn’t invested there like here but watching from sidelines.
It should turn into a good day today and week
GLA
Gone blue. Could see the next rise soon. GLA
Looking good today with volume, bought a few UBG today looking undervalued.
Yes I've topped up on MCL and have bought some UBG too - I wouldn't be surprised if they get a takeover bid soon - someone must want the Hotter Brand at these prices
Price dropping with volume and wide spread. MMS don’t seem keen to see buys. A couple of odd sells earlier - few shares are very low price.
Well bouncing down. Doesn’t move on a buy but a sell knocks it down; about to go sun 1p.
Bottom reached?
It may be right , the bounce has started at UBG also
If they closed that spread in the right direction, things would look a lot better.
SP looks like it has bottomed. Ask now 1p. Could we see a return to 2p? If they dont get the requisite support for delisting....they would have to buy on the market.
DYOR
They won’t be buying in the market. They don’t need to and they haven’t got any cash anyway
0.90p just bought again. Looks like something in the background could be happening IMO.
DYOr
NT to buy at 0.80p....They have moved ask up now to 0.85
Terry, doubt it will go there again, Haywain may throw in a cheeky bid and buy out the remaining shares at 2p ...who knows!
At a million quid market cap, it looks like a good deal. Was over 100p not so long ago before covid.
DYOR