Member Info for Cptn-Mainwaring

Vote NO to resolutions 5-10.

The AGM notice is demanding they have the unconditional right to ~33% dilution at their sole discretion. Shareholders should have the final say on any placing or share issue. This is just a cynical ploy for them to do a discounted placing and raise money to pay their salaries whilst delivering no growth. This is the worst of AIM. I am happy to be diluted if they put up a good business case.

Take a stand and say NO to resolutions 5-10. Shareholders should have the final say.

My Take FWIW:

* The core business (Globe ARR) is effectively flat.

* Expert services are down materially (-18%), reflecting an overcorrection on cost cutting that has reduced delivery capacity for consulting projects.

* Spot sales are up sharply (+85%), suggesting opportunistic monetisation of existing data to support revenues. This is inherently non-recurring and constrained by a finite customer base and limited new data being added to the platform.

Overall, the business has been stabilised through cost reduction, but at the expense of its core revenue engines. Both Globe (subscription/data) and consulting appear to be under pressure, and the Company lacks the capital to reinvest meaningfully in growth.

On that basis, the broker’s forecasts look highly optimistic and unlikely to be met without a step-change in execution or new capital (READ: Discounted Placing).

£200k in the bank and £500k burn rate. Even with the delayed payments from the US, the only question is if the discounted placing will be in Q1 or Q2 ?

God, this stock is a lobster pot. I have been in since 13p and can't get out.

Will the new Trump Russia/Oil sanctions drive the oil price up? And how long before it is reflected in oil stocks ?

JP seems to be focused on controlling costs and getting to profitability. Surprised at such a SP drop. Maybe time to come back in. I will keep a close watch.

And now the losers board ? who such volatility ?

Ahh. Thanks. I was wondering why the price was going down.

Now that he owns more than 30%, is that not a rule 9 event that triggers a mandatory offer ?