MCAP.L Share Price (MCAP)

That was a total bonus imo The reason I think this is because my brother in law works in the city, he had lunch with PF and this company after the long wait is in conversion mode, I'm actually expecting a few pieces of news, some akin to recent and some full developmental contracts. I've cleared stated my reason for investment and 3 months ago people would have bitten your hand off for 52p, it characterises aim to see a full pull back before the next cyclical push. The company aim to add significant value imo and while my BiL works the 100 stocks and we often bounce off different strokes from the 100 to aim I asked him to pull a few favours in to help before I plunged 75k in, just to sanitise my investment. I've waited 12 months to invest in wsg and the window is open and I think anyone with any sense should if nothing else put 10% of their portfolio into strong steady and growth bearing stocks. Unlike a minnow look how long this held over the last 2 days, they have no problem with opening the door and leaving it open, for my money it's about coming in as apposed to going out. (I DONT EXPECT ANYONE TO INVEST BECAUSE I HAVE, I HAVE BECAUSE I RESEARCHED LONG ENOUGH AND IT TICKS MY BOXES FOR A GREAT COMPANY) It's a proper stock

No kidding...

Mission Capital PLC ("the Company") today announces that 1,351,602,603 of its ordinary shares have been readmitted to trading on the AIM market of the London Stock Exchange under the ticker symbol "MCAP" with first dealings expected to commence at 8.00am today. The readmission to AIM follows the Company's acquisition of the whole of the issued share capital of Quindell Limited, a reselling and sales outsourcing company with expertise in technology, telecoms, utilities, leisure and retail, which the Directors believe has significant potential for growth. On readmission, Mission Capital will have a market capitalisation of £33.32 million and an implied share price of 2.47p. What price will the shares open at? Implied value of 2.4p - if they open at close price that would imply a large uplift...

Mission unveils Quindell acquisition 03/05/2011 Miles Nolan Reduce text size Decrease text size Increase text size Increase text size Print article Print Share this article Share Email article to a friend Email Mission Capital joined AIM in 2005 following a successful fundraising at 5p a share that raised £3 million. The intention of listing was to acquire property related assets that were cash generative, and provided a medium to high yield. Six months later Mission acquired Karspace Management, a provider of traffic management services to the public and private sectors. A boardroom spat ensued leading to the departure of founders Neil and daughter Emma Sinclair in 2008. Following the disposal of the Karspace operation the group was effectively rendered a shell with its shares suspended in August 2010 due to its failure in securing a deal. However, for long suffering shareholders the future may be looking a shade brighter. Mission has agreed to acquire Quindell, a specialist technology to business processing outsourcing firm. Its solutions are focused on customer acquisition, cross-selling and customer retention. In the year to December 2010 it achieved sales of £4.15 million and pre-tax profits of £1.3 million. Quindell was established by Rob Terry, founder of Innovation Group. The incoming chairman and chief executive says ‘we chose Mission because we were comfortable with the shell and it had valuable tax losses worth £3 million’. Quindell is ‘growing very rapidly’ and completed two deals in April. It is on the lookout for more acquisitions in what is a fragmented market. Annualised revenues are now in excess of £10 million, with more than 1,000 business customers on the roster. When at Innovation Terry started with revenues of just £21,000, pushing this to over £100 million in three years. He admits AIM is a good place to start due to its plans to be corporately active, but he is keen to move Quindell to the full list in time. Including his family interests Terry will control 50 per cent of the share capital. The shares are currently suspended but are due to relist with a value in excess of £33 million – investors are clearly excited at the growth prospects and ambition of Terry.

It's gone a bit dear now Mikey ! I'll have to start digesting your early morning posts ! GL !