Member Info for 4Corners

Believe its 80 days from close of the reporting period?

They have diluted the crap out of all institutional investors that it will be hard to convince them to come back. Lowball bid might not happen - why get Mazroui guy on the board if the plan was to make a bid.

We are definitely not de-ramping. Holder and buyer at these levels. I definitely hope that the lid blows past 10p before the end of the year so that we don't hear "the lid is about to blow" in January

Obviously I have the right to be frustrated at management when results aren't out 2.5months post the half year mark, especially when I think that it might help to move the lid little bit. Its almost as if they don't want the price to move!

As someone pointed in another forum, it's pathetic when the company puts out an RNS for a software purchase....and even more so when first half financials are due big time....

and someone (with few hundred thousand stocks) decided today that he/she/it does not want to wait :)

Yes, looks like market is saying "show me the money" and your intention. SF and Mazroui own combined 56% now - so they will get any resolution to pass. They always had 50% of the votes anyways, so really hard to gauge their intentions

Haha........gasoline on this stock! No one here denies the undervalued nature of the stock. AA has deep knowledge about the stock and capital markets. But we are lost for how/why the "undervalue status" would change to "fairly valued", with all the information that you said already being visible to the market. Perhaps ramping helps?

You didn't say anything that the market or investors don't already know.....perhaps you can enlighten us as to why it is not yet exploded since all this info is out already

Yes come on....share the info. been hearing about explosions since a month

In which direction?

CN - good to see 4p close with respect to new share issued at 3p. Yet very far away from the pre raise price of 7p. You are right, very few are run for minority shareholders, they should be run for all shareholders. In the case of GMS, sometimes you feel its run to rip off minority shareholders. As MCATEE said, another lowball bid is highly possible and acceptance is likely to be high from frustrated investors

not that it means anything, another Man Capital (SF shareholder) portfolio company on LSE just published today. There is a common director on the board too. So GMS is not late (yet) in disclosing earnings

Takes only 4 quid to make it to positive close!

Sorry, we run the company for SF and Mazroui -mgmt :)
To be fair to them, last year earning release was early, and it was because the proxy fight was going on. So I guess it should be out sometime this month atleast. I doubt there is anything to cook, it's rather straightforward contracts

about time the earnings are released for the first half of the year, which hopefully shows some positive numbers

There is a difference between the market correcting from the highs and GMS struggling at its lows.......
Nevertheless, i do believe in the story, but not enough to ramp it up with firm dates on when it will hit 5p or 10p....

Looks like the only way to 10p is through a reverse split!

@ mcatee
There is no excitement because there was no trigger behind the move. One day push with some
new investors piling in. We don't have the reddit type push yet, and I doubt there will be. Earnings should be out soon, and that might help. Will get excited when we see pre raise price of 6 or 7p first.

Not on reddit yet, but its on twitter
https://twitter.com/Boros10/status/1422846752575606788?s=20

You are joking right? This has zero impact, directly or indirectly. If a war erupts, GMS will be the least of your worries....

Don't expect any share price moves till investors see the money. Still unclear to investors as to how much this business can earn. With utilisation at 100pct from August, the impact will be visible only in the 2021 results, which won't be out till March 2022. So bit of a wait I suppose....

I don't like the liquidity drying up again....