Member Info for AnthonyJames

Maybe you missed this part (see below). I think the suggestion is to do the same?

"I will be writing to both Richard and the Nomad to express my personal opinion that if an admission document is not approved by regulators by the 20th OR if both the BOD and Nomad are not confident it goes ahead shortly after, we cancel RTO, raise funds and re-list immediately."

"I've had a lot of conversations today and also had a long conversation with Richard Parris. Firstly, he's a great guy and definitely has shareholders' best interests at heart. However, despite my earlier sentiment, there is a big issue and shareholders need to act quickly.

What we are faced with is an RTO which has funding sorted, assets sorted, a clear and easy route to market but, for whatever reason, the regulators are not happy. I'll let you speculate, but basically the deal is being amended to try and get some sort of approval before 20th.

Now the company is still trading, is (or at least was) profitable and has assets. It's definitely not worthless and is not a shell. There's significant value in the listing. If the RTO doesn't look likely and imminent, it is my view that we need to save the listing.

I will be writing to both Richard and the Nomad to express my personal opinion that if an admission document is not approved by regulators by the 20th OR if both the BOD and Nomad are not confident it goes ahead shortly after, we cancel RTO, raise funds and re-list immediately.

Truell won't let this deal die a death in such a manner. Edi in particular is a character who will not want egg on his face imo. If we can save the listing there's still a decent chance the RTO will occur a little further down the line, once all is finally agreed with regulators."

Yeah what's going on?! Lots of fairly straightforward posts all deleted.

Oldblue1973 - There's no pleasing some people is there? This is no joke, we were looking at a full de-list not so long ago given the regulators opinion of this deal. Now the Sabien board appear to have secured the deal which not only brings the company back to trading but with a monster fundraise at a 70% premium to suspension, which will no doubt be supported by some very shrewd, wealthy investors, and you're unhappy?

I personally believe Sabien are in an excellent position to make the most of a significant shift in market sentiment towards the health and leisure sector again alongside everything green. In my opinion, the 70% premium fundraise is just the start. Expect relist at a higher figure, flip out the stale bulls from pre-suspension, new money in, new direction, let's have it.

I'm very much looking forward to this coming back.

Personally think this has a huge rise at some point. Significant shareholders in higher, huge debt facility war chest allowing potential monster deals, large gap on chart, no discount fundraise (no doubt offered some juicy whispers to get that away). Let's go.

Hi GF101, yes this is very normal. Due to the coronavirus situation, things have naturally been a bit slower than anticipated and I understand the regulators are also particularly hot on finer details right now. I expect we'll have news over coming weeks (as per RNS, all on track for Q2 completion).

Hi Stavros, nice find! That makes pleasant reading and the photos are superb!

I hope everyone is well. We should see significant progress here over the next few weeks.

haha did wonder if it was a typo!

Hopefully get some news in May.

Tombo, "Whatever it ends up being I will always regret pouring more money into this instead of Metro" urgh, what?! Metro price has halved since SNT suspended?!

Well, no one likes to see a discounted placing. But given the circumstances and the market uncertainty this raise seems very positive and for growth of the team/business. Sounds like the university/care deals are close? If so, get your rockets ready?!

Amazing to see Woodford FINALLY dealt with and MM getting none! New holder from my brief research should be fairly sticky. A quick google shows they bought a bank in 2018 haha! Big players.

This share traded over 100% higher than current level before the Woodford situation. Surely any buying pressure rockets it back into 200s pretty quickly?!

AIM unfortunately has a never ending sad cycle of good people losing their hard earned cash. DYOR and if you don't fully understand, DON'T INVEST! The RNS yesterday is not the blockbuster people are pretending on social media and GEO NEEDS CASH IMMEDIATELY! Read the accounts FFS. If you can't I'll break it down below:

Group's cash balance on 30th June 2019 was £428,848 (previous year was £1,397,844). So they spent nearly £968,996 in a year. We are now 7 months on from the point where GEO had £428,848. Where's the money?! We all know what comes next and it won't be pretty...

DON'T BE A LEMMING.

You'll need to move my decimal point for SNT! Apologies!

I rode N4P from 5.5p to 30p before slicing a chunk. Also had multiple other successful trades on that one too and have done very well on it indeed.

Regarding, SNT, in at 1.4p, sold some at 2.8p, re-bought at 1.7p and it's currently suspended at 1.9p pending an RTO. Considering the BOD took chunks at 1.5p the week before suspension, I expect I'll do pretty damn well there. Appreciate your concern Mr 2 Posts.

I think there's a key part to the description of libel... "false statement"... FALSE... Nothing I say is false, it's all true. This company IS indeed a POS, the SP tells a story... ramp, raise, repeat. Another AIM story with endless funding requirements designed to fleece the retail masses.

Let's face facts. GEO doesn't have any cash. Literally none. (Interims state £400k cash in June with a cash burn of £1m the year prior - do the maths ffs). While this news is a positive 'step', it is just that, a mere 'step' in the right direction. There is a shed load of work to do and there is ZERO chance they get a placing away higher than 2p. My personal guess is 1.25-1.5p, and even that is only if the ramp crew can keep this SP anywhere near 2p tomorrow (which I doubt).

The late sells tell a story. If this news was so big and the SP was going to moon like you all claim then people wouldn't be working a £133k sell or a £20k sell right before close. Let's not play stupid ffs.

Anyway I'll leave you all to it. I've said my piece. Enjoy the spike, it won't last forever.

Same old story with AIM. Those in the know making coin while retail get impaled. GEO is a piece of sh... And not only that, a piece of sh with no f cash! Pump, place, repeat...

If they got a placing away at 2p that'd be an incredible result for the company. Try 1.5p absolute tops imo and they need to raise very soon. No cash left.

Read the fine details of the RNS. The news isn't as big as some like to make out... This is your classic pre-placing pump imo. Cash balance in summer last year £400k (??) and they burned around £800k (!!) 6 months prior to that... do the maths... they are running on crumbs... placing by end of week in my honest opinion. Don't be duped.

reece, your statement of "it's always 12 months plus" simply isn't true. For example, RRE's RTO of Marathon last year, which was a huge 9 figure deal, took 5 months. ONZ's RTO into N4P 2/3 years ago took 6 months. They've been done in 2...

This is nothing many didn't already know tbh but fantastic to see it finally confirmed from the horse's mouth. It looks likely to become very exciting for Sabien holders shortly....

Look forward to tomorrow.