Member Info for Anders_uk

365 in France.

What's the ticker for Sampo?

VanV, as Shareclass pointed out this morning DNAfudge have made a loss for the last two years and had no revenue in 2019.

https://beta.companieshouse.gov.uk/company/09705888/filing-history/MzI1MjU3NjM2M2FkaXF6a2N4/document?format=pdf&download=0

Can you write a follow up email alerting the press to this? Has our government done no financial DD on this business? No trading revenue last year, were all on holiday and put business on hold lol

ShearClass, I stand corrected. Here's the link to their accounts, loss made in 2018 and 2019. We should all email the media with this and ask why government would place trust in a loss making business with no track record on Covid.

https://beta.companieshouse.gov.uk/company/09705888/filing-history/MzI1MjU3NjM2M2FkaXF6a2N4/document?format=pdf&download=0

ShearClass, not sure that's true - DNAnudge do have trading history, although not massive.

https://companycheck.co.uk/company/09705888/DNANUDGE-LIMITED/financials

9inch, even if we don’t have this contract, have you checked the world cases recently? Plenty of demand out there for our test.

Adam ‘Spikeyj’ Dziubinski?

*book

Mac, the default rules are listed page 92 onwards, but we need a lawyer to interpret.

https://docs.londonstockexchange.com/sites/default/files/documents/rules-lse.pdf

- Broker loans to Jub (could be their own shares or someone else’s)
- Jub doesn’t have funds available to close, goes bankrupt.
- There will be terms somewhere that govern what happens in this scenario, but if the broker loaned shares that don’t belong to them then boom must stop with them I think.

Mac it’s possible. Perhaps the outcome of the meeting on 7th will determine next steps. The broker might find out an indication of what money is available for them, but no doubt there will be others chasing money too, it will likely be split between creditors.

“The Designated Members of Jub Capital have instructed Sterling Ford to take the necessary steps to place Jub Capital into Creditors’ Voluntary Liquidation. The Designated Members have proposed that Philip Anthony Roberts of Sterling Ford be appointed as Liquidator to Jub Capital, this proposal is to be brought to a meeting of members to be convened for 7 August 2020. The Exchange has subsequently been in communication with Jub Capital and the proposed Liquidator with regard to the firm’s unsettled on Exchange trades.”

https://financefeeds.com/jub-capital-management-gets-declared-defaulter-london-stock-exchange/

S l u t dropping

Another point, if the MMs play silly games like helping the broker by **** dropping the SP I suggest we all complain to the FCA. It’s not our fault some wannabe stock trader got burned.

I see slightly better financials here, still not enough to cover the full short if it’s 10M.

https://companycheck.co.uk/company/08803382/JUB-CAPITAL-LTD/financials#key-financials

The liability probably falls back to the broker that loaned the shares in the first place? The Directors of the broker will have to make a commercial decision:

Wait and see if SP drops with lack of news, then close. This option has the risk that deal, or flanks RNS lands sending SP higher increasing their liability.

Close now and take a hit, but at least it’s settled and they know where they stand.

Nice joke Ian.

Will we have a short squeeze if there’s still a decent amount of the rumoured 10M shares still short and they eventually close? One or more of the brokers must be having sleepless nights if the liability falls back to them? Someone owns the shares, broker lent them out...

Sentiment is returning with France :)

Ian, split between ISA, SIP and standard funding account. It will be a nice problem to have if the tax bill is several Million though so I won't complain. The country will need all the tax receipts it can get...

Mrninjazx6, shorts only have to declare if they're over 0.5% and 10M falls under that.

Morning Ian, yes I noticed that too. For someone who said they found our share interesting to commentate on, it's strange they haven't dropped in to say anything since we started trading again.

Perhaps Spikeyj is Adam Dziubinski from JUB Captital who are rumoured to have a 10M open short. Why else would someone spend months bashing the share and then disappear the day after we resume trading.

http://www.jubcap.com/#team

https://www.londonstockexchange.com/information-sheet/jub-capital-management-llp/2020/44

Vegas22, well said.

As an NCYT investor I see him as a desperate salesman pushing his wares on our board. For a long time he had more posts on our share than his own. He's not doing your share any favours.

If carlsberg made RNS, this would be it. Seems we have all angles covered now. French should like the two gene test and we also have antibody testing on the way so we can be a one-stop Covid test provider.