Member Info for AGL71

They will require 75% (scheme of arrangement) to back this to go through - institutions hold more than this.

Category Share Count Ownership %

Institutions ~602.6 million ≈ 87.7%

General Public ~80.1 million ≈ 11.7%

Private Companies ~2.3 million ≈ 0.33%

Individual Insiders ~1.6 million ≈ 0.23%

Public Companies ~0.86 million ≈ 0.125%

The waiver they refer to will be in relation to debt covenants. Covenants are normally based on historical and future forecast financials.. The RNS refers to a waiver with respect to historic results, suggesting that the adjustments to prior years will cause a breach in covenant the lenders have waived. They will be working on FY24 results and a future going concern forecast to get the auditors and lenders sign off/waiver. The LSE will require accounts to be filed by 30/4, failure to do so results in share trading, this is likely an LSE rule. They need to continue to work with lenders and auditors to get a clean set of accounts and any waivers required. This will strengthen any discussion with the bidder who will, through their due diligence exercise likely be privy to the same information but under NDA.

WG is a good company with a solid order book that generates cash. So long as there are no horrors in contract obligations going forward (where the price is fixed) this should work out.

I paid similar and thought it was still undervalued at £1.50 so held !

Lets see where it goes.....

The market Cap is £0.7m, this is less than the balance sheet value, even if you exclude cash!

This is a good sign! Oversold IMO

My local centre incredibly busy so i suspect that second half will be stronger. Weird there is so little chat / following .

This looks cheap at £9.50 - Broker targets considerably higher

Over 3% of shares in issue traded...

Some really big trades today - will there be a TR1?

Now is a good time to get in

Positives
Significant reduction in overheads
Board member significant contribution to raise
Recent agreement signed

Patience !

This could be a massive opportunity

https://www.bradclad.com/2022/06/24/press-release-june-2022/

At £2m we’d be above 10p. The targets will be achievable otherwise they wouldn’t have agreed!

A lot of the old poster do seem to have stepped back

The 2020 results showed much lower sales than people had expected, that said COVID clearly had an impact on ability to deliver!

I think we will all have a pleasant surprise when the interims come out and that they will lead to a further increase in price - now is a golden opportunity to get into this stock and wait for 10p+ to return!

This is good news.

The board have a duty to identify and mitigate risks - ensuring they have adequate liquidity to cover any risks is part of this

Lenders perform DD before extending facilities and have better visibility of the financials than the public markets

This is good news!

Interims due by 30/9 latest - these will confirm what sales have been achieved in the first six months of 2021 .........

A material order or Graphene news and this will fly!

Selling isn’t easy in a COVID world - patience is required here and will be rewarded

NAV per share good. Interims read well and rent collections were ok in Q3. Who knows what Q1 and Q2 will bring though. Looks like small number of holders and very low daily trades... will be end of the year ( post covid ) before it rises significantly I guess ?

Bounce day here or LAS? Just looked at the latter, market cap of £9m and NAV of £30m and healthy cash. Need to read accounts but looks interesting