Member Info for Beamer21

plus first contract to be delivered by end of Q2 2016

to do with business at the mo. Looks more like we are coming towards the end of a rinse and repeat stage

started with a slow burn - http://www.inc.com/drew-hendricks/5-successful-companies-that-didn-8217-t-make-a-dollar-for-5-years.html

they have now chosen to segment their suppliers In the period they signed up nearly 500 integrated suppliers and 13,000 web form suppliers

for £30m cash - proceedings expected to take 6-12 months

with GSA capital down to 1.49%

having increased his CFD position to 3.93%

Interesting document that sheds plenty of light on the many uses of equity swaps - from 2010 but still relevant https://www.conference-board.org/retrievefile.cfm?filename=DN-009-10.pdf&type=subsite

Rhambo As K3 might say 'no offence' as you are entitled to your opinion however on this occasion my money's on Crispin Odey winning the battle between the longs and shorts. He's continued to plough money into TUNG. Is he averaging down to get out with reduced losses or is he looking to maintain his credible track record and make ££££???

CFD holding +.17% Overall holding 18.11%

Hamm - Thanks for your timely observation It's worth remembering that with DMA, L2 is not always as it seems. What appear to be flurries of sells may actually be buy trades. Watching L2 over the last few weeks has been interesting to say the least with the manipulation and apparent subterfuge behind the scenes allowing those holding short to slowly exit with generous profit

K3, 1977, showing your age:-)

K3 - the 49,999 was a single order on the bid. The total sum of the bid at the time of posting was approx. 76k The holder of the 49,999 order is managing to slowly get people to sell to them for 35p

sitting in pole position on the Bid

It's just a small rebalancing of their portfolio - reduction of 52,500 shares All normal and sensible practice

If Tung were to fail it wouldn't look too great for Edi Truells reputation in the city and government so with this unlikely scenario coupled with the fact that I know people who have successfully implemented Tungsten globally realising their desired benefits I doubt Tungsten is going down any time soon plus if you factor in their cash balance its even more unlikely. Tungsten is another Amazon and Ocado - it takes time and money to develop companies that create change, particularly for those that attempt it on a global scale.

Comparing Tungsten to Globo is like comparing a racehorse to a donkey

If this is true capitulation rather than normal shenanigans then we might have just found the bottom but with TUNG anything can happen and although today's volume was quite large It might not have been large enough It's possible that we might have seen FIL make their final exit today.....

dduck - I'm of the view that the price action of late is a means to an end. The disclosed short positions have clearly been reducing albeit slowly and we have not seen any rinse and repeat action for some time so I hope that the shorts continue to reduce and move on to another target

about the short term price action, in fact at these levels one would hope that those of short persuasion might be inclined to close at a slightly greater rate than we have seen lately