Member Info for Blowntobits

So... If agreement is reached and this often mentioned �40M arrives along with some sales, is it possible that a rights issue will follow? In part this might give a further lifeline, allowing more time for the sales to rise. Also where does HYLS3 come into all this? IIRR it was sent back to the factory, could this still be of use or perhaps a sale, must have some value surely? Anybody up on the latest news re HYLS3?

DoubleU A very good summary. I have read the documents and it seem that by taking up the offer instead of a 1200% odd haircut in the number of shares, one can get a 900% haircut. So - Because I am in quite deep for a private investor and have several holdings over the last six years, some so far under water , I have decided to vote in favour and take up the offers along with a few extras. Within 3 weeks the folly or otherwise of this will become clear. Regarding the share price slump at present, I feel this is trading, I expect to see the price rise close to deadline, the 12 p odd price had already got the 1200% haircut factored in I hope. All is on agreement, funding and sales, no pressure there then? Of course some kind of corporate action might well follow, leaving Pi's high and dry. I guess administration, then buying back assetts at knock down prices is even possible. Given the last list I saw of big investors I do not believe that is the intention. Whatever won't loose my house on this, although another painful experience if things go belly up, all monies have come from accumulated dividends and profitable sales. By August ALL will be clear. Have a nice summer.

Well, I do not understand the reaction, this was known surely? Anyway just topped up another 12500 shares, risk is very high, so it the reward. This is my bet that the customers will appear by June in nick of time and that �40m will turn up. As has been said they would not have signed up if not expecting success, OR,OR, of course some kind of corporate action. I would expect to see a recovery before 16:30 today. Of course I am easily wrong, but the successful launch and with every hope of swift deployment (seems well on way from latest reports, just the panels to open now) suggest otherwise. If the SP gets tp around 4.5p a further top up will be done. GL to all the small investors.

This company has had too much "BAD LUCK" I am starting to feel that other forces are at work here. Another delay after this one and things start to look serious. Hylas 3 seems no nearer launch either. Something does not smell right, any view on the possibility of skullduggery anybody?

Decided to follow suit and put a foot in the water, may come right, may crash. I will still have most of that leg left if that happens. I think the very brave can trade this and make an absolute fortune just now, we should see the number of trades rise, some big value ones too, over the next few weeks. I have put money where mouth is, not going to look again until the RNS saying stability has arrived. Done a similar thing with Carillion as well. Off to my shed to hibernate now.

Folks - In reality with the exception of RNS, nothing written here or any other social media site makes the slightest difference to how the shares will react - Unless it is insider information. That of course has been made illegal for the masses to do, only the city boys and girls are allowed. The idea of the smart phone era is to relieve the masses of their pent up frustrations and stop riots on the streets, now that we are such a crowded country and world. Just makes everybody feel they have had a fight without any blood being spilt (usually). So if it makes you feel better write away. Actually I have enjoyed recent exchanges, brightened up my boring life. Carry on. However FWIIW Note that Avanti shares are still trading this morning, guessing treading water awaiting some corporate news or a launch.

Good news, fuel bonus too. What is the situation re HYLAS3, anybody got an update on that yet?

So.......What does this mean for shareholders? Was DJW the person who resisted the takeover discussions or took the opposite view? Will this mean that we are now, in due course, a take over target or an agreed merge will follow? Or, is this simply the fact that DJW has stabilised the company and now is moving on to new challenges, knowing that the company is on course for a fantastic future with the new satellites up and running? A large shareholding in the company will secure him going forward financially if this is the right reason. Somebody must know something on here, please share.

Stuck neck out and took small position about £1K worths. Already hold some, massive loss on these 2500 held from way back when so a fresh start or more folly on my part? My record so far is mixed, so trying v small caps now for a change.