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Thanks Jim, I managed to take up most of your sale just at the close. GLA
Nice buy at the end, price getting back up to 0.28....this will fly in the last few days
I hate to say it Jim, but looking at what the price did just before the close and my precious comments, I think getting back in may well be there right strategy...... I am slowly but surely nibbling away and am hoping the artillery will start firing soon..... I'm backing MG
Interesting replies and Munchlet I shall be monitoring this share closely in the next few days just in case.
I take the points about MG and frankly its the bit that made me hold on as long as I did. Just got the jitters this morning. But I wonder how much of a gambler the man is and if it will really have much of an effect on his wealth if it goes tits up?
I may be tempted to jump back in yet but if I don't, then I hope all of you holding will do OK (very, very ok.....ok!)
My belief was that D-Day was the 6th July.
Whenever it is, its getting a tad exciting now!!!
GLA
Well.. I'm out of this, so chances are it will go big time. Usually when i sell my entire holdings the stock soars. So when your all rolling in it, you can thank me.
The RTO will happen when all DD and legal work is complete. Next week was never a deadline in my eyes I'm here until it happens and quite comfortable if it goes in to suspension.
Just on MarkLong's point that the BOD would make an announcement if there were anything to announce, they REALLY CANNOT do that , the stock would be immediately suspended. Unlike the main board of the stock exchange where transparency rules they day, on AIM, you can't fart in a situation like this without incurring the wrath of your friendly neighbourhood NOMAD. Apparently, keeping the poor investors on AIM in the dark, without regular updates, is considered a good idea, I know it sounds stupid but that is the case!!! Who makes these bloody rules up!!
Also, this point about MG selling or not. It doesn't look like he is, there has been no volume to speak of, I bet he has bought more and is has taken his stake up to 29.9995! It would be nice to see and RNS to confirm though. If we saw that, it would set the market alight, if MG is in for everything he's got and we assume he is not an idiot, that's a sure sign that something pretty good is in the works!!!!
Holding tight waiting for a big buy to happen in the next few days.
Yup still holding, whatever will be eh?? Looking forward to it hitting a nice round £1 - LMAO
I’ve held so far I really hope news comes
The fundamentals have not changed one bit. No large share holder has started to dump. MG is still holding ALL his stock. The BOD 's pay is dependent on this RTO. I think if it wasn't going to happen the big investors would have got wind of it by now and started dumping. 6.5 trading days left.... It should ramp up in the last 2 days of trading. Im holding my shares, very very very tightly (just like MG) He has a lot more to lose than me! and he hasn't flinched one bit.
Many thanks for the heads up, still think that you will regret it but, as they say in stockbrokerese, "a profit taken is a profit made" so good luck with that. I agree, this is a bit nerve wracking, going down to the wire, but as I have been known to say, "Patience rewards the bold" !!! This COVID thing is, I am sure, causing havoc on a deal. Directors, accountants and lawyers running around (or not as the case may be) like headless chickens on different continents trying to put this thing together before the 30th. In fact, the game IS NOT over on the 30th. Not easy. Even though the stock will be suspended at the close on the 30th they still have another 6 months I understand to wrap it all up. Yes, it would be great to see the suspension come in an RNS with an announcement of an RTO; BEFORE or on the 30th
Still 6 and 1/2 trading sessions to go. My money, quite a lot of it, is on the line with this one, too many good reputations on the BOD at stake here for them to be shooting blanks...... but maybe like many of us, I am an gullible idiot too!! But seriously, nobody in the City would give these guys a used match if they don't deliver!!! I am sure we'll get some good news. Watch out for upward stock movement, that'll be the giveaway for exciting action and times to come before the 30th. Keep your eyes peeled. I'm picking a few more up. Why not join me?
I may regret it but I just sold my holding of 1207355 making me a small £354 profit, just didn't fancy any troble coming our way.
the reason I'm saying this is because I expected to be held up on the sale and get a lower price but it sold instantly at .2502 so someone is buying
Good luck to all who have the nerve to stay
Jim
Looks like going into suspension with no news
Well we are either being hoodwinked or a deal is on the table and not completed, they may even request an extension to finish negotiations. Due to the lack of news, it's hard to call. BUT in my opinion, if a deal was on the cards, I would have thought the board would have made an announcement to keep shareholders in the loop. So i think in this case, no news may really mean, there is nothing to broadcast..
Agree if no news today I think this will drop sub .2 midweek
5 days something has to come out today. I mean why would someone invest so much money ie greenwood
7 trading days to go!
further time might be required to resolve the reason for suspension and indicates that it will be using discretion to extend the period to 12 months for any AIM company that has been suspended between 30 September 2019 and 1 July 2020. Nominated advisers should contact AIM Regulation if any AIM company needs this additional time to resolve the suspension of its securities and request restoration to trading.
Its the quiet before the storm as I have mentioned on numerous occasions. They can't really push it down. Market's just waiting for a hint that the RTO will happen, then, off to the races!!! Patience is the word. As to AIM giving extensions for COVID, not really sure, I know they are extending for accounts and results etc. Anybody else know? My guess is that any AIM company would only get an extension if they could prove that they are not taking the piddle. Anyone know about this? Specific cases in last couple of months? Have a great weekend.........
Surely next week.....BOOOOOM!!! ?????
After all this waiting, what odds a 6 month extension due to Covid?
Does this mean people are holding or no buyer interest. What will this mean come RTO if it happens?
Roger that JM
Still holding and learning
GLA
I suspect that the majority of those wanting out will have sold by now and as the remaining days will see share prices going up as those who know wait for the announcement we’ve all patiently been hanging on in there for.