Member Info for Brainer

Preliminary planning for the height of the EOT is 165 meters (the London Eye is 125 meters) and Challenger has the opportunity to operate the EOT once it has been constructed and is operational.

Challenger (LSE: CHAL) has a US$3 million equity interest in the US$590 million New York Wheel Project and is currently focusing on appraising additional opportunities in the attractions sector.Â

The NYW Project is a large entertainment complex currently being built on the New York Harbour, which will feature a 630-foot Giant Observation Wheel (like LONDON EYE), a 68,000 square foot terminal and retail building, a 950-space parking garage and a 5,000-person capacity green roof for events.

The main financial supporters/shareholders of the NYW Project want to see this iconic project completed as they have with a substantial number of other large scale real estate projects in the United States

The components for the four 275-foot legs are stored in Brooklyn and ready to be assembled on site

·   Approximately US$400 million has been spent to date

The Company was admitted to the Official List by way of a Standard Listing and commenced trading on the London Stock Exchange's main market for listed securities on 19 February 2015. The US$3 million investment in the New York Wheel was announced on 26 May 2015. The acquisition of the Starneth companies was closed on 15 July 2015 and the of the Starneth group of companies was announced on 30 January 2017. Challenger announced the £100k advance to the London-based Star Sanctum on 7 November 2017 and the US$300k investment in the Dallas-based Eye of Texas on 18 January 2018.

We would also like to take this opportunity to reassure shareholders that the longstanding financial supporters/shareholders of the NYW Project are fully committed to seeing this iconic project completed. We look forward to continuing to provide updates on this project

From as high as 29p down to 0.30p since 2016 to last month!

A stock doesn’t just jump 50% with low volume for no reason, something good or bad coming, it’s been a while wait for this stock, it’s nearly time! We will find out soon, having bought over 2 millions today of course I am hoping to gain. Good luck all

It was something like 10p or 20p then went to 100p in 3 months, bought under 0.30p today as announcement due, I know this stock is a mover and could l do few bagger easy.

Marine, you should meet and discuss with me, 2 minutes earlier you were shouting BUY BUY then 2 minutes later you sold and calling it rubbish, your trying to play with pi’s money, best way to discuss with you is meeting. I know CHAL from the time of its ipo, it went up to 100p from 20p

5p target here and that would be just £8m mcap for a NY wheel deal to be back on which is worth $480m

You sold and changed your voice straight away in 2 minutes, guys like you need bad lessons in life. At least wait sometime to change your character

This one will fly past 2-3p on news, great mover, hard to buy

This one was at 100p couple of years ago with less shares in issue

Last chance to buy at 0.02p or new 1p? If news Monday then it certainly is!

Paul, you are right, it wasn’t at 0% discount! It was at 30% premium considering the low of 0.0150 few weeks ago! Bring the Bunga Mass, keep watching, the show about to start!

Another 1 and half billions share to be issued, looks like they want pi’s money now, will buy at 0.10p

Some people waiting for consolidation to buy in, consolidation will not put any impact on share price as current price at 0.02p will be 1p after consolidation but the market capital will be only £2.93 millions with 1 millions cash.
With such low market capital, any positive news will take the price to 5p new price or 0.10p current price. Every dog has its day, ADL’s day may well be on the way!

Yes, looks like they will do full 440 millions placing as the last trance was at 1.25p few months ago.

There is something call organised sell in the market which usually done to sell placing shares.
So the mms will take Certain amount of buy at a certain price then trigger a sell at slightly higher price.

It’s very clear he knows the people from there very well as on interim RNS it was mentioned: assets available at attractive price!
Regarding share price, there isn’t really any sellers at this price, so I can only see this rising even with low volume

Should be a good day today

News landed and it’s going to be below 0.60p lol