Trakm8 Hldgs Share Price (TRAK)

How did Micro get £2.2m back from Trakm8 when the company was only sold for £4.75m?

Well that’s 5k staffed up the wall, thanks guys. Word of warning for anyone new thinking this is a way to make money. It’s not, it’s a casino without the fun. Avoid AIM - get an isa, you’ll earn more.

Feel sorry for the PI's here as this has been a bumpy ride for a long time but with the Watkins at the helm it was inevitable.

Share price 2008 when JW was made CEO - 0.26p

Box telematics - 3.5million

Road hawk £3 million

Route Monkey - £9 million

Road sense - £0.6 million

Trakm8 sold 9.5p or £5 million

JW & MW should be very proud of their achievement

For the record, I finally got out last week - it's no longer an investment, it's a pure gamble. (Some would say it always was, but I think the company has had a lot of bad luck, most notably with the "significant optimisation contract" which would have made all the difference.)

Chances are, shareholders will get their 9.5p, but in this unpredictable, volatile world, you can't completely rule out the deal falling through, or a better offer coming along.

Best to focus now on trying to win back the losses elsewhere...

In way it supports the case for trakm8 being an attractive investment with the right backing

Goes through in q2 to or 3.

I'll hang on I think and take the 9.5

On balance I can't see anyone else coming in