Member Info for bcl42

I meant fruit loop but he may also be a fruity loop.

It’s Sonic. No question. The guy is a fruity loop.

FSTM please don’t buy here it’s a crap share.

Aimo/Sonic - goodbye and get some help.

For crying out loud FSTM this SP has dropped over 90%. Anyone that sold out on the way down was smart, anyone that didn’t wasn’t. Why are you so hung up on who was saying what during this period? That’s not due diligence it’s an attempt at finger pointing, just like Sonic and his ‘friends’. Have a look at the company website and make up your own mind. Is LC still talking this up with no real likelihood of anything coming to fruition or not? If not then buying in at 0.45p sounds like a bloody good deal even if it temporarily drops to 0.35. Most on here could do without you attempting to carry out an inquest. I suggest you either buy in or find a better option elsewhere.

I was indeed and fell for the energy company sell which was obviously the whole point behind LC’s new direction pitch. Again, in hindsight I should have baled at 3p and perhaps bought around 25m shares at the current price. I don’t actually believe in regrets. The think that hurts most is the behaviour of the board. It really does.

The problem with all of that Drax is that it is hindsight. Do I wish I had sold out at 6p and bought back in today? Of course but I genuinely believed LC in that the MCPP was happening, not if but when (that may still apply). My average at the time of the first major drop was round 5p and given the new ‘energy company’ I never expected it to carry on all the way down to 0.4p. That almost certainly makes me a bad investor, in hindsight.

Not really scary anymore. Company currently valued at £3.2m. Perhaps £4.5m by the end of the day with the extra shares in issue. Either way it’s valued as pretty much bust. It really can’t get any worse. 50% of virtually nothing is nothing.

Next?

Fair enough CF.

Sorry didn’t finish sentence. Told off.

Aerial I am sucking away waiting for a move upwards now. Just don’t take to being told

LC is great. All is going well. It’s perfectly acceptable for the BoD to buy in at the bottom less 25% plus warrants. HS2 and Heathrow runway are perfect comparisons. I must stop expecting a quick buck. I must grow some.

To be fair I believe that the BOD were given no choice but to buy in this time. I have always had an issue with them not buying in before at 5/6p and on the way down but that was their choice l. My biggest issue is with their 1.5x extended warrants to dip back in on the cheap again. That just stinks.

My belief is that he only speaks to shareholders if they don't ask too searching questions, challenge the company's actions or display any form of negativity regarding the share price or his performance with regard to destroying shareholder value.

I think recent events tell us that LC and the Board are not that bothered about perception or PI's in general. All IMO of course.

In which case, given the SP performance to-date they may be around for some time to come.

Cheers Dave. You too

Unless the BOD have just given themselves a huge bung in the form of warrants we are only expecting this to be anywhere near 0.8p in 18 months and 1p in around 3 years.

The whole BOD have shown their true colours this week with regard to buying shares.