Member Info for 4theLongterm

Timing is everything, I was clearly a little slow off the blocks with my previous comment.

At first glance the RNS looks ok, but at the moment trying to better understand the dilution implications

Given the high volume and plummeting SP expecting an RNS imminently with bad news around a huge dilution or failed development. My money is on a huge dilution to fund the next stage.

Can't believe people are talking a value of 40p, if (a big if) this business survives current ord. shareholders will be the very last on the list to see any benefit. I have mentally written off any value, it is extremely disappointing, but this incompetent BoD have done an awful job, which is becoming ever clearer by each RNS released.....

Clearly there will be no value to shareholders now whatever the outcome e.g. asset sale, massive dilution, loan with onerous conditions, bankruptcy. It is very disappointing as I invested a sizable amount in good faith based on the data being shared by the company.
Definitely sanctions required against the BOD, but probably they will walk away having pocketed a decent salary for the last few years.

Agree there appears to be a gradual uplift in sentiment / SP price as investors start to have this share back on their radar following a number of years of the company struggling to perform. If there are some good solid results announced in line with expectations in March I would see this recovering to 50p+

Next week is the official end of summer in the UK I believe, but the radio silence is very concerning.......

Superb news on the Barnet win, up to £57m contract win with a background of the council swinging from conservative to labour in the May elections. Outsourcing is generally against Labour ideology so the offering must have been exceptional to win through.
Great work Capita.

Lets assume that this latest announcement means around the end of Sept 2022, that is not long to wait if true. The fund raise above market rate and the fact that directors are taking shares instead of fees does give me some more hope that they will finally deliver.....

Couldn't stand it any longer had to filter this guy again having removed the it recently, talks just utter rubbish

Good to see that they are still sticking to the latest timeline " Continue to expect a fully operational LIGHT system operating at 230 MeV during summer 2022". With only c 2 months to go lets hope that they finally deliver rather than finding another excuse for a further delay

Come on BoD the summer is almost upon us, so you now have a max. 3 months to deliver on your promises....

More dilution for what is becoming a money pit of delays and missed promises....

Results are due out next Thursday so will be interesting to see what progress it has made on debt reduction & whether revenue has grown or remained flat.
I think at 22p and an MC of £375m it is worth a punt

Agreed it is not looking good, expect some news tomorrow

Copper nicely now above 10,000 as we clear last years hedge and look to agree a new one....

If this drop had occurred yesterday I would have agreed but not against a backdrop of the markets today

The drop today is presumably due to the lack of news on the end of Q1 promised delivery and the expectation now rightly or wrongly of more delays.....
Come on BOD give us a positive update

I would however be encouraged if MH took a larger equity holding, currently if I am viewing the data correctly he only holds 600,000 shares worth c £3k. A much larger holding would help show his confidence in the business

From the RNS: "Mr Yates was appointed as a director of W4B Bristol Limited on 27 April 2009. Liquidators were appointed to W4B Bristol Limited on 17 March 2015 and that company was dissolved on 12 April 2016. Unsecured creditors were paid a first and final dividend totalling £30,350, equating to 19.96 pence per GBP on unsecured claims of £152,048."

Closely followed by my early retirement......