Member Info for cheeseburger88

This could be ready to go again. It went up very quickly before.

Gold price looking good today also

So the market was spooked unnecessarily. Share price should move back quickly then to the 1.8-1.9 level before that happened and then we can look to breakthrough the 2p level.

What is the odds of this coming back?

Or today!

I had planned to go to McDonalds for an Egg McMuffin but decided to stay home and see if we get to 2p this morning!

Looks like it so wants to go to 2p this week.

Looks like a lifestyle company with no plan.

Definitely a risky move, not sure what to make of it.

Shake, rattle and roll and we go back up again

A rocky period ahead regardless of the result today.

Feels this is about to breakout

What is clear to me is that if the 'Yes' vote wins two things may happen. Firstly, forensic accounting will eventually unravel the dealings of the Poddar Crime Family. Secondly, the the advisory board will be able to undertake a thorough strategic review as to the path ahead. If the 'No' vote wins, who on earth will even consider giving money to this company. Possibly death spiral financing will be the last resort. If the 'No' vote wins, the damage has been so extensive it would take years to repair that. I can't see any scenario that results in the Poddar's remaining with the company.

It does look like the Poddar Crime Family have lost the trust and confidence of shareholders.

RBG's RNS won't help the fundraising. I would not be surprised if the fundraising quantum and pricing changes over the coming months.

How high could this go?

It looks as though it almost hit 6p a couple of years ago from the chart.

Feels like this is just the beginning.

It seems that we won't know until September if the fundraising will be successful.

From the RNS:

The Issue Price represents a premium of approximately 30 per cent. to the mid-market closing price on AIM of 3.85 pence per ordinary share on 21 May 2024, being the latest practicable business day prior to the publication of this announcement.

Whilst the funds raised pursuant to the Subscription have been conditionally raised subject to the terms of subscription letters entered into between the Company and the subscribers, as at the date of this announcement, the total funding proposed under the Fundraising has not yet been raised and there can be no certainty that the Fundraising will proceed in line with its proposed terms or as to the amount that may ultimately be raised pursuant to the Fundraising. The Fundraising is not being underwritten by any person. The Subscription is not conditional on the issue of further New Ordinary Shares pursuant to the Fundraising (excluding the Subscription Shares). The obligations of investors pursuant to the Subscription will not be affected if the Fundraising (excluding the Subscription) is not completed for any reason.

Admission

Application will be made for the Subscription Shares to be admitted to AIM ("Admission"), which is expected to occur on or before 2 September 2024. A further announcement regarding the settlement of the Subscription and Admission will be made in due course.

1.5p coming next after shaking off that sucker punch from Jennings. MMS have very little stock so it won't take much to push higher.

this one is on the radar of ************* and is down 50%.

does anyone know what is the point of many of these aqse listed companies? 99% of them are illiquid, unable to raise money and appear to not have viable businesses.

A quote from the RNS: "The Directors have been told by Mr Zamboni that (i) RegTech Italy's ability to advance monies to the Company under the SLA was dependent on RegTech Italy receiving cash in return for selling shares in the Company..."