Member Info for bottom_feeder

Well, know we can see why NFM wasn't trading compared to the others.

I suspect the bgi shareholders and BOD knew.

It'ssomewhat strange that there is no trading on NFM.

Other REO companies like REE, HREE & COBRA are sharing lively trading an SP fluctuations, but NFM seems be-stilled in a flat ocean of non-interest.

It looks like the recent Conference Presentation did nothing to support investment.

The only upside (apart from 'imminent' HREE saple results) is that the above companies aretrading on at least 3x the NFM SP; which would be a lovely re0rating (dream?).

Derrrrr! ??

Utter Rubbish!

This is all about Warrant Holders buying new shares at a discountd rate.

They can then sell them and make a nice 20%-30% profite depending on whether SP stays constant or drops due to their selling.

Yes, the money goes directly into the Company coffers but let's not make this out to be anything more than a profit grab for some luvky investors.

Yes, the BOD are sc*win* PIs by using loopholes to raise and issue shares without notifying or seeking Shareholder agreement.

In the last set of Resolutions I suggested that we should also say NO to resolutions 1, 2 & 4.

The reason being that NFM BOD was seeking to have the right to 'ignore' the 'count' of the previously Shareholder agreed issue of millions of new shares, from the count of 'allowed' shares they weere givveen under a previous shareholder agreement.

These resolutions were all passed (forced through by the Major shareholders aka BOD), so they don't count towards the 15% allowance.

So the BOD can STILL raise another 15%!!!

It should be noted howeveer that the recent two issues of 4Mil and 10Mil each are NOT captured uner those agreements, so they should be counted as part of the 15% 'allowance' given by the previous resolution.

BUT, I suspect the BOD will continue to 'ransack' our ownership by continueing to raise shares both without shareholder agreement (aka this loop-hole they are using not to disclose, and to raise further shares (as part of the 155 allowance) but then pass resolutions to have them discounted from the 15%.

It's an absolute disgraceful way to act and shouldn't be allowed.

Thus far LSE shows Volume Bought as 404,990 ha

I'v bought over 1.9million shares today, so clearly not keepinng up with the data.

My buys seem to be getting registered as "Unknown" which is strange. But likely because they are delaying the notification on the trade table for some weird reason.

That's mme topped up again. So hopefully it'll have more of an effect than the last £10k :-)

Time will tell.

Topped up another £10k+ this morning as hoping the US shenannigans is a good sign :-)

Was hoping we were near the bottom but seems not.

Managed to get in a further £5k at 6.023239 don't you just love how they can get down to a 6th digit on the prices :-)

Followed by a final £4.5k at 6.01248

That's my final lot so here's hoping it bottoms out soon and get's back towards 6.2 or 6.3 better - GLA

Yes CGT doesn't apply to ISA funds derrrrrr

So get yourself a Shares ISA and keep all the profit :-)

Nope. no sense at all. But a great time to top up.

Managed £8k+ at 6.14 then £4k+ at just over 6.10.

so here's to a 4-5% short-term bonus :-)

Yes, it's interesting.

There appears to be a bit of "Tug of War" going on between EQT and OXB with buying shares from other Major Holders.

I suspect OXB is trying to circumvent EQT' ability to gain to much of an overriding interest so they can gain more traction in the bid offer.

Unfortunately, the sale figures in the RNSs indicate the shares are changing hands at a lower price than the current SP or value we as PIs would like.

So.... not sure if OXB is trying to Stem EQT' ability to bid a lower figure or if they want to force them to stop any imminent bid?

To be honset, my opinion is that the OXB Board should hold out for a much much better offer in another year or two, as they are at a pivotal point in the comoany' development.

This is why they have started to catch potential Bidders.

All IMHO :-)

I've taken the 'blip' as a short-term opportunity to gather some extra profit with surplus funds.

Athough NWG may have been marked as "equalweight" and less favoured than Lloyds, the main thing is that they have been raised to a forecasted 740 from 630 yesterday.

So not only is there potential profit from the higher forecast, but this blip imrpoves the opportunity to gain.

If I can make 1-2% net profit on my surplus funds over the next 1-2 weeks then I'll be more than happy.

And the Dividend Declaration in the next month should give it another kick up :-)

Personally, I find it rather underhand that the NFM BOD have decided to raise theese Resolutions, particularly items 1, 2 & 4.

They are asking Shareholders to approve the removal of the agreed shares from the Issuance Calculations under rules 7.1+.

The whole point of the previous resultions to issue shares was that they were issued as part of the maximum 15% allowable issuance of shares.

The above resolutions are designed to allow the BOD to simply IGNORE the newly issued shares as NOT being used to calculate the allowance they are expected to limit such new shares.

This allows the BOD to issue even more shares, diluting our ownership.

NOTE: Resolutions 1, 2 & 4 DO NOT prevent the issuance, they ONLY 'reomve' those shares from the calculations for the maximum allowance share issues. So saying NO to them does NOT affect the issuenace of the actual shares.

Saying NO simply allows us, as Shareholders, to prevent the BOD from continually issueing more and more shares at will, without our agreement.

I fully expect any further isssuance of new shares in the future will result in the BOD attempting to raise further new Resolutions in the future to once again remove those shares from the Allowance calculations.

This gives the BOD untethered means to raise as many new shares as they like, regardless of how much it dilutes our ownership.

There is NO NEED for them to have this capability.

A previous resolution was passed to allow them to raise a maximum allowance.

I the BOD wish to raise even further shares then they should be via Shareholder Agreement.

So I propose that shareholders say NO to resolutions 1, 2 & 4 and YES to resolution 3.

IMHO

Correction, OXB at 7p (1.2%)

Spread on OXB has jumped to 7%

Typical. MMs seems to want to get soem extra funds for their Christmas Jolly Fund :-)

Puts me oof topping up at the moment.

Ex-Div = 11/12/2025

Payment = 30/12/2025

Use www.dividenddata.co.uk link provided by BC :-)

Yep.

Also deceiving Shareholders by lying about the so-called "less dl#ilutive nature of the alternative new deal.

Still getting 40Mil shares and 40Mil warrants giv.ing a dilution of just under 20%

So why trust a BOD that so blatantly lies.

In addition, don''t forget that the BOD will still be getting their salary and any bonus share allocations. So he will be diluting his share costs over time anyway.

AIM s such a con. Expect thi to hit home sometime soon.

Seems like the RNS for Half Year Results might contain a hint of more than just meeting expectations.

The mention of gaining additional rervenue from US sector seems a promising headwind - given the lack of enthusiasmfor US market effects?

Offer includes 1-to-1 Warrrants. So ouble Dilution eefect atleast.

However, Seems utterly dodgy that the Director is buying the shares then selling them on via a separate 'Instituion' to an un-named buyer.

Why not just sell them direct to the final mystery buyer. Unless you want to hide something.

Time to fly away from this.