Member Info for BodRuncie

Micky, you are correct. I don't know why more people on here can't see it.

This isn't a share buyback.

We have:
A - a dividend of 14.7p per share
B - a bonus payment of £1 per share
C - a share consolidation 3-for-4

The market cap of the company isn't changing. The company isn't worth 25% less than it was.

Shares post-consolidation will be worth more as they will represent a larger stake of the entire company.

but this can't boom yet, Ella's share price prediction of 1.6p hasn't come to pass...

...unless you mean to tell me she was wrong!?

...but if she was wrong about that, she could be wrong about everything else!?

It's a good job I kept all my original holding and topped up at 3p.

I guess the moral of this story is that sometimes it's just safer to DYOR and hold onto shares in a good company. BWTFDIK!?

lol, BOOM is one of the steadiest ships in the marketplace right now.

Whatever the board is doing, they're doing it well. There's no rush.

I think rules might be different for non-UK domiciled holders, but looking at his wikipedia page, it doesn't seem that financial ethics and probity are at the top of this guy's personal to-do list... Another tax-dodging loophole abuser.

Another 5,400 shares today.

They seem keen to buy and hold, but not to raise the share price, so they will buy up whatever is available, whether it's large or small quantities.

A fantastic sign-up for ULS to cover Lloyds' remortgages.

Signing additional deals with ULS is a sign of trust and strength in ULS' offering.

ULS going from strength-to-strength under the radar of most PIs.

Don't foreign investors only need to declare when they go below 5%?

If so, we won't know when SO has gone below 2% because he won't have to declare at that point. We'll be able to tell when he's out fully because the price will start to rise on consecutive days.

The bull/bear forces at work in this share are based on the likelihood of the takeover/placing being first to occur.

The market is putting its money on a placing happening before a takeover.

Plenty of money on the sidelines waiting to buy in big-time once the placing is announced, unless Bill surprises everyone in the meantime.

Lloyd Dunn bought £100,000 worth in July 2021 (at 32p) , and £96,000 in late November (at 18p).

Russell Black bought just over £5,000 at the end of November (at 21p).

There are plenty of legitimate, personal reasons a retired board member might want to sell their shares.

TB had a huge shareholding. If he were to sell those shares on the open market, it would collapse the share price. Constellation offered him a very generous offer way above the market price for those shares (which is, in effect, an even greater % if compared to the collapsed share price from selling on the open market).

Let the man enjoy his retirement with guaranteed income now, rather than waiting for a takeover offer that might not arrive :)

It's not so serious to put DX board members off buying shares AFTER the announcement of the share suspension.

Clearly executive members of the board have confidence in DX.

Haven't see you posting here before, YHaL... first posts on DX and a lack of knowledge of the situation... you wouldn't be one of those internet trolls I've read about, would you?

The same Grant Thornton who have been fined millions of pounds for auditing failures related to the collapse of companies like Patisserie Valerie...?

It seems like GT have a culture of gross ineptitude.

The two NEDs appointed to oversee the matter haven't been getting the job done, and resigned (or were made to resign). The Board claim that GT's report on this issue wasn't accurate, and GT have resigned (or possibly would have been terminated).

The matter is not related to the financial health of DX, i.e. the company is making money, so it's not another Patisserie Valerie situation. It appears that there is a bad actor(s), who have breached corporate governance issue(s) and/or disciplinary rules, and then an executive response to this investigation that has not been fully transparent.

Without further info at the moment, we can only speculate: possibly a hand in the till, possibly kick-backs for contracts, nepotism, and then trying to cover this up in the investigation.

Does anyone know the price paid for these options?

Just to provide some balance: The board's direction since 2017 has been excellent, however, we don't know about their current plans.

In Nov, an RNS stated DX's intention to begin a 3-year £20-25m plan of capital investment. This was quickly retracted, presumably under the influence of Gatemore. We don't know what was in that plan, or whether this plan represented a deviation of what had made DX's turnaround so successful. We can only guess, but Gatemore are certainly laser focused on shareholder returns.

*Sigh*

Another blow to EQT in a market where even inline trading statements get hammered. The market probably won't like this, because it's a downgrade, even though 1.8p is still an 80% upside on today's share price.

The future is looking rosy, it's just the present that sucks, and the path to get from the present to the future is stretching out that little bit further.

Not selling, but not buying. GLALTH :)

I don't think this will be a question of getting out unscathed. The company is well run, for the most part. When the share price dipped after the delisting news, several directors stuck their hands in their pockets. So clearly they thought 21p was too cheap to ignore.

The drama is a distraction, but the underlying business is sound.

This for me is one of the best Buy signals there is. They are on the inside and they can see what is coming down the pipeline, whereas us PIs have to wait for trading reports and annual statements, and they are putting their own money on the line. A lot of it.

Shows what a ridiculous farce the AQUAA offer was.

Shares (in a delisted company) + small amount of cash = £12 per BOOM share?

It wasn't even that long ago!

And 2 NEDs gone with immediate effect.

Without any further info, which is very frustrating, all we can do is speculate. Either, this was a normal departure, or possibly they are resigning in protest at something, or possibly implicated in the reason for the shares being delisted? Any other reasons?

Hopefully insiders know that the bad news is being resolved and the good news is on its way :)

But until it's RNS'd, us lowly PIs will just have to be patient. Buy & hold.