Member Info for BarkingCrazy

Gotreal - you may get your 2.5p sooner than expected

I think you maybe right SJS2019. Its taken this long to think up a new BS excuse for the delay. Can't blame customs, change of boiler, OEM approval, unpaid invoices, poor samples, floating objects, lawyer holdups, broken pump as used all these and probably more I have forgotten so its tough to come up with a new one that will push us further down the road.

Msar has broken it!

Way oversubscribed placing @ 3p, not the same demand this time round, can't think why!!

Not much else to discuss is there, infact we may as well all hibernate until the imminent news.

I wouldn't be so quick to rule out 2.5p HF. We've dropped from 8p down to a bid just above the 3p placing.

Who is going to buy at the moment, certainly not those that were complaining they couldn't get their allocation due to broker problems during the last placing. Confidence and trust has been lost due to appalling lack of communication and timelines being missed .

No news for the next 6 weeks and his could easily drop to mid 2's.

Wouldn't surprise me if he was appointed permanent CEO as unable to find suitable replacement.

So closing UT trade is 3.38 which is below the bid of 3.4p, getting closer to placing price by the day.

Surely something positive has to pop up soon. Seems an age ago when we shot up to 8p and everything looked rosey to be dealt a hammer blow of a 3p placing.

Frustrated holders reducing or maybe even closing positions with 500K and 2 x 250K sells going through.

Surely the issue here is that it's not just the MSC trial, there are no visible signs of anything moving forward.

I'm guessing he'd be more than happy to look a chump!

If we get towards the end of September without any positive news the SP will be back at placing level.

What then Q4 the new target, surely we wont be saying at end of October wait there's still 2 months left of Q4 so there's no delay.

This is Stockies post back in May regarding the Leandra V and we all know what a load of bull that turned out to be. So now its Panamas turn to get the Stocky treatment.

MSC Leandra Neighbourhood Watch Update 3

As stated in the posts at the beginning of this thread, the Leandra V slowed down from 18.8 Knots to 13.2 Knots, in the middle of nowhere, after taking a route over 88Km north of the main shipping lane, 4 hours and 44 minutes away from the main shipping lane.

This is unusual in itself as it's not a direct route to it's destination, it wastes a lot of fuel and takes many hours longer. When you then add that the ship that took the identical route 4 days before it followed the main shipping lane, it sounds even more unusual. Then add that no storms were anywhere near the shipping lane the days the Leandra V crossed the Atlantic, so there was nothing being avoided, it sounds even more unusual.

To add to all that, I've now checked the track the Leandra took and checked the speed. It's been chugging along at SLOW steaming speed of 18-19 Knots. It slowed down to 16 Knots when it crossed the very busy shipping lane, but has not been anywhere near the extremely slow 13.2 Knots it dropped to for a very brief time out in the middle of nowhere, in a place where there's nothing to slow down for. And why slow down for such a short amount of time, makes no sense to me.

Here's the screenshots comparing the route of the Leandra V vs the Rosaria. https://ibb.co/KpN6xQY2

And then you woke up

3 x 500K @ 3.5 plus a 250K not exactly inspiring

Lets hope that them finished now. They ended up having to sell more to cover costs because the SP went down from where it was when the option exercise was first announced.

Not the RNS I was hoping for but lets hope we can now look forward to something a little more positive.

And the lack of a newly appointed CEO doesn't inspire confidence either!!

Forgetting about MSC just for the moment whats happening in Panama, equipment was on route weeks ago. Can't wait for this excuse but its starting to lose it Sparkle.

Morocco, surely the OEM manufacturer has had enough time to sort things by now and of course Utah what the frig, sort out those samples!!

All sounds to good to be true. Pity we cant get anyone to buy into it and put pen to paper.

I thought we had done with the Director sell issue.

More of a concern now is that regular punters seem to be offloading a few as frustration sets in .The drip, drip SP drop is going to become self fulfilling soon as more will panic thinking all is not well.

You maybe working hard in the background QED but its time to give us something positive to reverse the rot.