Member Info for booboouberbear

i'm going to hazard a guess here there is a **** load of shares outstanding to be repaid that have been used during this industrial shorting exercise.

You can borrow shares from Nominee Accounts to short shares. Easily done.

No one is disputing this is AIMS putting the house in order as they see it, that will mean shares to institutions aligned with them, and who can blame them?

The going private chat is for another time however, they won't cut themselves off from market funding while the ramp up operational performance persists.

If they are taking it private, why are they trying to issue more shares / allow more shares to be issued?

This is what I've always said on here, mines in ramp up mode / development don't cut themselves off from the market, just like this. They are going to be issuing more capital, possibly as much as £4m / 50% of shares in issue to recapitalise.

Now, that's a bit of a bath from current shareholders, but it's not going private.

As far as Bill Trew is concerned he obviously wants these assets and obviously sees AIMS gaining more cobtrol away from him and AL, the old board, which is why he's lowered himself to AGM tantrums and BB requests for PIs to go to the FCA.

Still no word from Bill if he was associated with the takeover lol.

I would add, the more I think about this power struggle, the more you'd think that 'Occam's Razor' in this instance is a takeout by one of the parties at a price the other one can stomach? Maybe that's Bill's eventual goal here, force an issue of a takeover on his terms, or a takeout an a price he's comfortable with.

Averaged down further today, to 0.6p.

Anything is possible here.

1. Takeover by Bill and co;

2. AIMS rebuild with their own people;

3 . Something in between.

It's clear there is a power struggle emerging between the BoD and AIMS on one side, and BT / AL and whoever is funding the possible takeover on another.

Its also clear both think the assets are worth well north of the £15m tabled as the takeover.

Not all lost here, but the 2 shareholders are going to have to come to a deal and agree a way forward, as we currently have a Mexican standoff here, and all current major shareholders can block each other at present based on the 25/75% voting requirements of the LSE.

It's interesting viewing if nothing else.

I'm going to go out on a limb here and say that Bill has / had some vested interest in the takeover attempt here in April and AIMS and the BoD rebuffed him.

I'm I close, Bill?

On the basis you ate who you say you are, did you fabour having the business sold?

Correct. Did someone also take out a 'short' at that point? Some expecting a placing too?

Who says Trew isn't behind the 1.6p share offer? Who else would be know? As a poster pointed out earlier, there's a Mexican standoff in play here, as everyone has enough shares to block everyone else. So someone has to budge. AIMS could just sell this and run for all we know, which would be a 5 bagger from here.

I mean who knows what the he'll his going on.

There's clearly a bust up here between the parties, if she's withdrew her support for the annual accounts, it was probably late on.

We just have to see how this pans out. There's clearly a power struggle here.

?

For me, tye question is does AIMS decide to dig in to make it a success and turn it round, and get into a boardroom bloodbath, or do they sell up and cut and run?

Welcome for you and I, and may well still happen BTW if new funding won't/ can't be secured, but I'm guess AIMS rejected it on the basis of fair value for their historical investment?

Yes, we'll drop today by 15/20% is my guess but this is a good opertunity for AIMS to wipe out the company and build it back up without the history attached to it.

AIMS calling the shots now, so if List and Trew is out, they've ousted them. Need to see what tomorrow brings.

The comms here is beyond shambolic.

I’ve been here before with AIM Companies, but it still kind of shocks me that so called Executive Level personnel allow private investors to turn up to the AGM and haven’t even bothered to pre-empt or negate any of the first fight first by putting out a comprehensive update first, I mean ffs, it’s not rocket science. The standard of publicly listed company Executives now floating about is shocking when they can’t even figure out the PR basics!

7am Monday morning RNS for discussion at the AGM 3 hours laterwould be peak bullish lol.

Or maybe we won't get one at all .

Marathon, not a sprint this share.