Member Info for Aklee

Same. If this was going bust then it would have happened weeks ago. There will be a plan being made with creditors I imagine. Could do well from these levels with a little patience.

Sarah providing the humble pie. Who wants a slice?

Not going bust by the sound of things.

Should see plenty of action here today

11m was a buy earlier as bid was lower. Steadily building

Grinding higher. A whiff of good news and this re rates.

Think the silence bodes well. If creditors wanted this shut down and stripped of assets then I imagine something would have happened by now. Management hopefully sorting things behind the scenes.

Next leg

Following the disruption to the business last year, which saw production halt and a number of management changes, the Company is now experiencing the financial effect of this, with tight working capital and a heightened level of creditors. Once production has fully restarted we believe that the business will generate cash and we will be able to normalise payments for all creditors over a few weeks.

The patience of some of our creditors has understandably worn thin, exacerbated perhaps by a lack of communication in the last quarter of 2024, which we are seeking to redress; we note a court decision in Gabon in favour of BGFI Bank ("BGFI"), a Gabon based financial institution, allowing it to commence procedures to recover funds of EUR 790k owed to it by Woodbois. We believe that the best outcome for all stakeholders, including BGFI, our loyal employees in Gabon and long suffering shareholders will be achieved through production. The Company has begun to ship containers of existing stock from the port in Libreville, and is now beginning to move stock from the warehouse in Mouila to the port.

We are discussing with advisers financing options to bridge our working capital needed for production over the next few weeks. Further announcements will be made as appropriate.

Not a lot on the offer. Another blue day ahead

A risky play but a bit more volume and this will really shift.

Green shoots of recovery?

This heading higher it seems.

Place your bets

Lol you guys are funny. It's been rising since the seller aggressively cleared

That's the point though. The large selling has clearly dried up. The MMs will sell that stock higher over the course of the next couple of weeks. Seen it before

Why did someone buy over 1% of the company on Friday at 1p average?

This will be nearer 2p at end of the week

No seller today as well :)

The fact they RNSd no reason for the drop makes me think that they are planning a placing higher around 2p but then the aggressive seller sold it way down to 0.5.

Great opportunity for those brave enough

Yes with big seller cleared and a mystery buyer I expect 2p this week

This will do very well next week. Happy days

500k buyer at it

90 bid. Won't be under 1p again I feel.

Gift at these prices...company even RNSd as much yesterday