Member Info for barnetpeter

I think the nav is now around 17.5p. Gcm is moving up a bit ..,it would not take much for polo to hit 20p per share nav with hibiscus stake alone worth nearly double Polo mkt cap. That hit 1.11 earlier this week. This discount is barking ...a discount is expected but even a 50 per cent discount would mean over 8p.

A lot of money raised albeit at a discount. A similar stock recently raised at 0.05 and hit 0.8 a month later. Not much point sula just doing nothing ...at least this now has a deal and cash aplenty for a while. Dilution sure but 12 a penny stocks are priced to go bust and usually do. Now we know sula is fully funded and has a new focus. By jan this might be .2 plus.

Spiked to 12 in sep 2015. I was selling lots lol. Very low free float here. Most are in safe hands. He can have my 1.4m at 10p.

See my post at 11.34pm last night. Forgive me....I don’t get many so right!!

Well I have 2.4 per cent of the company..,,which is not much when the mkt cap was 400k last week. Always been interesting and checking my account I sold a load of these over 11p in 2015 so this can spike and then some. Hard to know the position as the company has always been quiet. My guess is a stakebuilder here for all the reasons already given. Not much float though ...this vol is extraordinarily large for this stock

A bit like Kin group....I saw one guy write they have turned his �10K into �30. I am guessing this will lose 95% of value to current shareholders. I ended up with �800 in "free" shares after trading this from 1p.....IF they come back (which I doubt) then I doubt my holding will be able to cover selling costs. Always going broke.....the bod should be able to hold on for a while to pay their fees though.

By brokerman dan yesterday....made a packet

we are being bought out for just 2p.....which is half the final price and despite the fact that the company has 8 million in new orders.

nearly 2 million in cash received for the HH stake. That's half the mkt cap and it has refinanced the company. What they do with this money is another thing

My guess is 25p moving up to around 40p in a week. 10 for 1 remember but even so most on here will be able to cash in at a big profit or at least get their cash back. I am in 14p equivalent but not in a rush to sell unless they open at 28p and I can sell half and leave the rest as a free carry. Fingers crossed this one could turn into a ten bag in a couple of years. Right business!!

Given time and an agreed price why not? Only valued at cash and the assets look very promising with a JV with a medium sized oiler. Done 50 bag before with cash shells.

No idea what the deal is going to be and more cash will be raised but these assets are massive compared to ukog. So I expect this to return much higher and soar. After all it's only valued at about cash now after the last placing and if it reverses into all these assets....the sky is the limit even if the mkt cap is 20 times inft current level.

A million buy today ...there is a limited float. Added a few myself. Vote is tomorrow I think.

Bell really has hit the jackpot here. A million in cash raised and nearly 7 million ukog shares left. Could make another 750k on those if the current spike continues which I think it will. Plus still got 3 per cent of Hh and ukog want them. Trouble is....what will Bell do with all this dosh??? Plenty of places to put it just not in directors account please!!

excellent thoughts from afn poster.....I think this is a risky albeit interesting punt. Woodford must see value here and wont want to lose millions easily. You may well lose all your money so gamblers only. But if this does work out then 5 to 20 fold is likely. Which of course is not much to those in the concert party that bought at 11p and above. It will be delisted soon so we will need a bid. With 8 million being invested here though it must have a chance given a three year view.

"I suspect it will languish low until at least midday on 8th when future direction is certain after vote. There is then at least a week where anyone who wants to invest at a substantial discount to placing can get in. The placing is at a 320% premium to todays price. So what? you might say, well, it depends how serious Woodford and Wales (Concert party) are about absolute control: If you read the circular re: proposals http://www.spheremedical.com/sites/default/files/Circular%20220817%20FINAL.PDF Pg 12 In the event the Whitewash Resolution is approved, the Concert Party will not be restricted from making a general offer for the Company. ..ok, so why would they do that 'now' and not before funding proposals. Well it comes down to dates... Part of the Woodford concert: OMNIS, last purchased shares 30th August 2016 @11p/share. Had the concert party made an offer before 31st Aug 2017, it would have to be at the highest price they paid in last 12 months i.e. 11p/share....and now they are restricted until the 8th Sept due to the need to highlight funding proposals. Page 21: OMNIS Bought: 30 August 2016 10,000 11p Therefore, it's not beyond the realms of possibility that the concert party simply make a general offer (e.g. at funding price or below) instead of dicking around with in market purchases after the 8th Sept. Just an idea.

Cheap shares and we might get a big profit from dal leaving a free stake in the new company

No idea where this is going this week. Sold out myself on Friday for a handy few ££££ because it is so difficult to know. Looks cheap after such a huge fall and after new cash....but only if the accounts are true. If fake....share prophets are good at sniffing out stuff like this but I guess the stock market LSE will put their heads in the sand as usually

The company can increase the amount if they want to...,it is easy and quick and and the cash will be in their bank account next week. What more can you want? Pi's will get the chance to buy at a discount. I made some decent money last time on tern so I am back in at this price

also I have never had my allocation scaled back and have always made a profit on one of the primary bid placings. Buy them quick!!