ELE.L Share Price (ELE)

Directors?

Thought ELE already had £13m net cash in the bank - so being sold off for £3.5m only - a nice move for the co buying us out, giving them a nice £13m odd cash - another AIM shambles Under the terms of the Acquisition, Electric Word Shareholders will be entitled to receive: for each Electric Word Share 3.93 pence in cash (the "Offer Price"). · The Offer Price values the entire issued and to be issued ordinary share capital of Electric Word at approximately £16.58 million. Http://www.investegate.co.uk/electric-word-plc--ele-/rns/statement-re-recommended-cash-acquisition/201706270705012215J/ ____________ _____________________________________________________________________ £13.9m net cash inflow from disposals, leaves the Group with £13.0m net cash at 30 November 2016 http://www.investegate.co.uk/electric-word-plc/rns/preliminary-results/201702140700067635W/

From the below sales of business's the co has approx £11.7m + £1.512m + £1.665m + £856k = £15.5m cash & from today's rns below £15.5m / 408m shares = 3.8p - not that they will return all of this to s/holders but gives you an idea that the current share price is just the cash in bank element - all other business's valued at zero "The Board is now reviewing the infrastructure and working capital necessary for the future development of SportBusiness Group and the extent, form and timing for returning cash to shareholders. A further announcement in this regard will be made in due course" 18/12/2016 Electric Word plc (AIM: ELE, "Electric Word", the "Company") today announces that it has conditionally agreed to sell its indirect 70 per cent. shareholding in iGaming Business Limited Net cash proceeds of the Sale receivable by SBG on Completion are expected to be £12.2 million. 19/06/2016 The Directors of Electric Word plc are pleased to announce the disposal of the trade and certain assets of the Company's subsidiary, Radcliffe Publishing Limited The total consideration is being satisfied in cash, and comprises £1,000,000 less a £43,061 adjustment for deferred revenue at completion, with £856,939 payable on completion 02/11/2016 RNS The Directors of Electric Word plc are pleased to announce the sale of the Company's subsidiary, Optimus Professional Publishing Limited Consideration comprises £1,512,501, which has been paid in cash on completion 15/11/2016 RNS The directors of Electric Word plc (the "Board") are pleased to announce the sale of the trade and certain assets of the Company's subsidiary, Speechmark Publishing Limited The total consideration is being satisfied in cash, and comprises £1,850,000, with £1,665,000 payable on completion and £185,000 payable on the first anniversary of the completion date. The Board is now reviewing the infrastructure and working capital necessary for the future development of SportBusiness Group and the extent, form and timing for returning cash to shareholders. A further announcement in this regard will be made in due course. http://www.investegate.co.uk/electric-word-plc/rns/disposal/201512180700074964J/ http://www.investegate.co.uk/electric-word-plc/rns/disposal-of-business---assets-radcliffe-publishing/201506191318097127Q/ http://www.investegate.co.uk/electric-word-plc/rns/sale-of-optimus-professional-publishing-limited/201611020800021070O/ http://www.investegate.co.uk/electric-word-plc/rns/sale-of-the-business---assets-of-speechmark-publis/201611151101232193P/

Moving

Bid up 7per cent higher then offer that is up 4per cent. Good