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Fusiontech. Well there we have the announcement of a delay. We will see if you are right on the bell. I think we are all about to lose a hell of a lot of money but let’s see
How can you call this a one time deal? Its more like a once in a lifetime deal. Without it the company is bang average, I thought that would have been obvious to everyone. If the deal is announced then this will be many multiples of the current SP over the next 12 months. If not, it'll struggle on like it has been doing for years. To say its a one time deal is ignorant of the potential at best.
Agreed Simber - the market is trying to create fear. It always works but I'm hoping there is nothing more to this than a bit of gamesmanship.
the partner brings the contracts. Maybe they can struggle on and get a couple of half decent contracts themselves if the deal doesn't go through but why bother hanging around for that? If Ruyi pull out then this is just your average under performing company and there are enough of those on AIM for me to give my loyalty to this one. If the deal doesn't happen everyone will go. The deal will happen though so lets not waste our breath!
The market is clearly wary that the deal is off though.
Haa absolutely not. If Ruyi walk away then the SP tanks and we are just another minnow. Who needs to be bought out by a $multi-billion company!? Not sure where the logic is in that one. "The deal took over six months longer than expected, in part because Chinese capital controls made it difficult to move funds offshore, according to people familiar with the matter." That was the reason given in the Lycra deal. We will just have to be patient, we will find out over the next day or so, its not too long to wait after all this time.
Well this is verve wracking! Lets hope everybody who has held firm is rewarded.
it is so undervalued though. It should have done at least 100% the current SP based on the last few RNSs. Annoying when you watch companies rising with no substance.
seems to be struggling with 200.
Hi Suzy - that's good news and its added weight to the view that they can't say no. However, they can and will drag it out as an alternative! I agree that they seem to be waiting for the company to fail. Perhaps its a bit too gung ho to threaten them with legal action at this stage but surely it can't be too far away. I'd hope that Kurt was seriously considering it by this stage.
lbjj... Obviously everybody understands that the Swedes are trying to wriggle out of giving the green light. I don't think anybody would disagree with that. However, people are confident that the company will prevail and force their hand. I don't see anything wrong with having that confidence. Something has to give at some point whether that's a new approach from the government or a new approach from BEM. Ideally I'd like a bullish statement from BEM explaining that they are exploring legal action. It would probably hurt the SP in the short term but anything that forces the government out of their cave is good long term. They can't say no, we all know that. We just need to twist their arm to make them say yes.
its almost hitting 200 with no trouble at all. Great to see. Lets not forget that this is still the doldrums though so we should expect this rather than appreciate it. I'll start getting excited when it breaks 300.
I like how he got a better price than Bobby!
A trade of that size is almost a TR1 in itself
Well based on its timestamp it looks like a buy? Just depends on whether the time can be trusted.
£116.k trade. Very interesting.
Hi Ed - Have you reduced your holding at all over the last year or so of the stalemate? I remember you having quite a chunk so just wondered if you were holding firm. Apologies if that's a rude question!
This was sat at about 125p a few weeks before the great news and now its sat at 160p. Our markets are an embarrassment.