Member Info for 4Corners

Excellent news on utilisation and better rate into next year

Haha.....you think so (cropping at 7p)? I hope no one crops below 10p

Great start, with great more to go! Hopefully the momentum doesn't stop! GLA

Did you move the goalpost from this month to next year? ??

baffled by the share price reaction even if its only 7m shares so far! someone is desperate to sell or this is being manipulated

Looks like the rocket exploded at take off......something is seriously wrong with this scrip

Excellent news throughout! Would be disappointed if this doesnt hit 5p today

An interesting day when there are more chats than number of trades :)

"....should the net debt/EBITDA ratio fall below 4x before December 2022 then the warrant and PIK conditions fall away". This is from the panmure gordon report, got more detailed views on debt and how the second raise may not be necessary. We can debate if they hit those ratios or not;the odds are in favor of GMS at the moment.

@luke - agree with you on the illumination comment, which is why i keep wondering why this hasn't moved and what is it that I am missing.Personally don't think the risk is libor creeping up or a capital raise.

Won't convince you to stay, but I suggest that you refrain from writing misinformation. Good luck

Panmure Gordon

Not needed if they don't breach certain financial covenants, all of which are at very comfortable levels for this year and into next, with their backlog and outlook. Pull up the PG report if you can.

@ amtech
Revenue is north of $100m (not $50m) and Ebitda is about $63m this year, and possibly close to $80m in 2022. Between the second half of this year and entire next year, there should be enough cash generation to pay down $50m, barring any other crisis. So another capital raise is highly unlikely.

Why would I sell up (or down) to prove my cynicism of adults ramping this up (both here and advfn board) with rocket science terms since months.

Current levels do not price in any of the positive news that has come through in the last 3 months, not even a bit. And that should make everyone wonder if they are missing anything. What would make it double or triple, as it should? Asking that question is not whining.

If its so obvious, why hasn't it moved already, atleast to 5 levels?

Waiting for this rocket to take off to infinity and beyond

Its a shame that it can't hold the 4p handle for more than a day before some investor dumps it and pushes things down!

We are not surprised....this was the expectation by those who are holders and who have followed this since a year. Just look at the share price reaction today....should have been up a solid 20-25pct atleast. I can't explain this. As comparison, check out the price reaction at GOGO which recently provided better than expected estimates.

Unbelievable people would actually sell this at these levels....this update is worth atleast a 25pct rise

Sorry mate....I just crack up when you keep saying this solid rocket fuel, booster, ignition, takeoff etc
I hope we all get what we are looking for. Have a good evening

If the solid booster is overheating, you should immediately head to the toilet....

No idea what's going on. Guess AA was right about the deadline not being today....even Lamprell (also from the UAE) hasn't reported