Member Info for cd27idw

159.5 was hit on 1/5/2018. We're now into blue sky territory. Commodities are high, but the major cloud in the panorama is the Chinese economy. It's no longer the global powerhouse it was, and the Chinese government are desperately trying to prop it up. The biggest danger is it turns into a black hole, as it has done before, and drags everything down. I'm hanging on whatever.

Hitting new 12 mth high today. It's got to power through soon. I'm not selling soon though.

" Unfortunately, with the history of GFM, it's likely to be the latter" - that should read "likely to be the former". Hope it's the latter

Latest results, new highs (but no dividend). It remains to be seen now, just how much of this news is already factored iinto the share price. Are we going to see a massive profit taking, or a massive purchase of shares? Unfortunately, with the history of GFM, it's likely to be the latter. I stand to be proven wrong. (actualy, i'm preying to be proven wrong)

Bounced off 157p twice. Very worrying sign for any other share. Problem is, a good set of results hasn't brought any longstanding change about in the past. Taking on a broker to buy back the shares has obviously been a positive move. Maybe it'll have a similar effect come the next results. Dare to dream? I always did...

Appears to be 160p, the all time high. keeps pulling up short. Are the market makers having a laugh?

Still the silence. Excuse my lack of focus, but does anyone know offhand what the typical wait is before SLE decide they should tell us small fry that things are still progessing, and we'll have an update in due course? I'm getting very negative feelings about groundhogs of late...

Https://www.independent.ie/business/irish/embattled-san-leon-unit-hit-with-lawsuit-as-it-tries-to-advance-plans/a1471544937.html

Previous double bottom at 92.4. New one has formed at 113.4. per chance, another 20% on the way? It would be nice of the tiny number of institutional investors who've come on board in the last couple months gained traction. We need institutional pressure to bring about dividends.

Last trading day of March. No word. There's that lingering smell...

To dream? Bank holiday weekend in the UK next. What are the chances of an RNS before then? It'd be nice to see things tied up before that happens. Then we've only got 3 to 4 months to wait for accounts to be published and relisting to happen. Assuming the world doesn't get cold feet and walk off, deserting SLE. And our dreams. Chinchin.

Six months ago, possible less, there were no fund managers on board here. Funds are the main drivers of dividends, we had none. I checked again to day

Shareholders

Name Equities % Valuation

Adam Usdan 29,794,878 16.15% 37 M p

Richard Griffiths 24,313,224 13.18% 30 M p

Roger Goodwin 1,527,830 0.83% 2 M p

 Liontrust Portfolio Management Ltd. 855,724 0.46% 1 M p

Clive Whiley 100,100 0.05% 125 039 p

 Dimensional Fund Advisors Ltd. 73,670 0.04% 92 024 p

 SVM Asset Management Ltd. 44,260 0.02% 55 287 p

Mladen Ninkov 33,001 0.02% 41 223 p

 Universal-Investment-Gesellschaft mbH (Invt Mgmt) 17,156 0.01% 21 430 p

Linda Naylor 10,000 0.01% 12 491

Tiny little per centages, but they're onboard. perhaps this is what's driving the shares.

Yes, but accounts not done for another 2 months, then relisting can happen - three months away. Might as well just go on holiday. I'd still like to know what the story was with the original financing.

I think we're allowed a "wow" at this point. I don't think capitals are appropriate, nor any exclamation marks. Just "wow".

More a case of living in hope...I've had too many go t**s up, so another loss won't kill me. There's potential here, but it looks to be on the other side of a minefield. All with hair triggers.

So that's the (very good) news. Are we going to see a sell off now, as there's nowhere for the money to go? There's been quite a rise since mid-december, but still off the 6 month high, and better than half the all time high. The long term chart is showing quarterly peaks over the last year, as the market buys in in anticipation of news like this, then sells when it comes through. Guess this is the way it's going to be.

Personally, I've always been a glass half full kind of person, but with the ongoing mdwestern/eroton/ELI thing, it's starting to look like someone stole the glass while we were busying ourselves with other things. OF strikes me as being a "glass wating to be filled" kind of guy, but although he's convinced some heavy hitters i.e. Tosca Fund, Nigeria is starting to look like a dead end. However, at a risk of mixing metaphors, "Never draw the curtains until the sun goes down".

Anyway, we can't draw the curtains until SLE is listed again.

With the latest RNS being easily interpreted to say that Tri Ri have either got cold feet over the deal or aren't actually financially capable of fulfilling it, is SLE officially a zombie company? To all intents and purposes, it's dead in the water, not able to move forwards or back.

"the Board has nevertheless determined that it is prudent to seek an alternative solution should the TRAM investment delays continue"

Someone needs to tell OF that a rabbit needs to have functional legs when it's pulled out of the hat, otherwise it's just another dead duck.

Onwards, and upwards, pleaded the marathon runner, as he blundered through the chest deep sludge.

Hi Callas (I can call you Callas, can't I?),

As per Bandit1, it's the Takeover Code, rather than AIM. I either mis -remembered it, or it was misposted somewhere:

https://www.thetakeoverpanel.org.uk/the-code

They already had that right/obligation. AIM rules state that any entity/body/person taking on any more than 30% of the co's share holding are obliged to make an offer for the remainder. Part of the previous deal with Mid Western was that they wouldn't do so.I imagine Tosca must have made a similar agreement.