Im a relatively large holder in ESL, I just dont visit these boards that often. The key with ESL:
-Relationship with DBay, exteremly experienced in this space, having managed the biggest transport companies in the uk. -Adrian Collins we all know comes from a wealth management background and is highly experienced. -This £6m raise required is standard market practice for any investment vehicle. -If we hit circa 2/3/4p tomorrow giving a mcap of £12m valuation – then thats going to spark alot of interest. -And if 2/3/4 does hit then there will huge value to be gained in the SP. -The dreaded 'Delist' word is in there because it has to be as part of the requirements from aim as we know -a company delivering 40,000 delieveries a week is not a company thats going to go belly up, its market share is considerable, lets not forget that.
and so - panic sellers scrambling for the doors of a delist word, will imo create market opportunity, i see alot of money being made here both short and medium term.
The only real question i have is where do i see ESL SP wise in 12 months, with DBay and Adrian involved? now thats the real question, thats why im invested. Its a gamble for sure - but those 2 big assets involved with this, im happy to go along.
tomorrow, next week, thats just noise to me. we shall see moving forward.
Going to have a chat with Niels about this hopefully Just to gain his insights. This reminds me of a company i once owned and then got spun into something entirely new after it flopped for me. which then went on to do rather well, which kind of annoyed me.
These factom assets might not be dead in the water after all as doggo did allude to the other day.
The mistake i made was selling an enitity rather than releasing intellectual property rights for a stake in the acquisition company. Ive never talked about it. Worst decision i ever made.
oh dear doggo, you just dont get it do you!! ive told you before, you are great at the research stuff, but you are totally blinded by the sp situation. you are like a train spotter more interested in taking numbers of a train coming straight at you whilst you're standing on the rails looking at it.
i have a great accumen for looking outside of the box. thats why im where i am, and you are - well... on the train track with a single dimension view.
you also know, if you have stalked me enough to know i have the funds available to top up and average down further now, as i did take a mini hit a month ago. im just waiting.
research all you want, for me its now all about the timing now on key events, and key events mean, in simple basic terms.... an ipo, or a sale. thats so simple even you can get your bone around it.
and those events are not going to happen yet :-).
either way - if they do - i win. if they dont - i win. unless it all implodes - i win.
and if it goes to 3p.... well.... then i really do win.
no need for you to answer btw :-) wait for the quaterley update from ffwd. i bet you the sp doesnt even move (or goes down!)