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I seriously doubt CS reads this board in all honesty
That’s a poor showing from the company Dattabase, doesn’t show them in a good light at all. The number of trades here, or lack of is concerning. I’m pretty new here so losses don’t look too bad but for those who were buying in the 20’s & 30’s I really feel for them, it must feel like death by a thousand cuts
Happychimp, do you have inside info to prove otherwise? The bottom iline is that none of us know if a sale of some or all our assets is in the pipeline
TC, the company is funded for quite some time if they continue to effectively mothball both MT & WK. Even if in the unlikely event they went into liquidation there would be little to no investigation into this AIM company simply because there never is. Thoughts of directors going to jail etc is just fantasy. Worst case is CS is barred from being a director which doesn’t matter as he’s made it clear he wants to retire
Makeabundle, as far as I can see the only director holding shares is CS? DS is no longer on the bod, but does hold a lot of shares obviously but seems to have disappeared into the ether. It was either IKN or DR that suggested that DS had been a bit naughty around the Queeld shares so DS might not have our interests at heart
Profitjock, your analysis for an opportunity with EUA is interesting although some of your statements come over as a bit rampy. I’m sure there will be plenty posters who have been fooled by rampers here over the years so will be wary of another one popping up. I think it’s difficult to call the bottom here, I thought 3p was, and then 2p and now it’s sitting around 1.5p so to me it’s a binary bet now. If the bod get a sale of assets across the line then we should certainly see big gains from 1.5p, but should it continue to drag out with no updates from the bod then it will drift further down without a doubt. The bod should be issuing an update even if just to say that potential buyer is still at the table and update us on the works highlighted by others at WK
Parody not parade
London to Sydney in 2 hours? You’re off your rocker Richard, I’m starting to think your a parade account after some of your recent claims
Great news for all crypto holders, but absolutely no link to EUA. BTC is definitely sticking two fingers up to all those non-believers from last year.
If the bod knew all this then why state they were hopeful of a sale by end of 2023?
I still think the bod will update us on the Queeld shares either later today or tomorrow morning
Thanks for the explanation Del, ok so it appears that the largest shareholder was part of an attempt to relieve Queeld of their shares either honestly or dishonestly in concert with someone else. Jeez my head hurts
I’m totally confused by what Dimitryreacts has posted and don’t understand what he’s trying to say, any kind soul want to help me out. I don’t recognise any of those entities he’s mentioned
I stand corrected MyIPA, ok so we’ll potentially have a Russian Bank on our share register as a majority shareholder
I can see your point regarding investing that much and having no confidence of making money, however when they invested the whole political and economic landscape was very different to now. Also taking into account the share price movement since they invested it’s quite clear they could have made a lot of money had they sold prior to the invasion of Ukraine.
I’m also conscious that no matter how much you invest, you can always get it wrong. The professionals get it wrong frequently
The whole Queeld issue is something I just can’t settle in a chain of thought with as there’s so many potential scenarios or perhaps it’s really simple and I’m just overthinking it 😂
Ok, so we potentially have the Russian state as a majority shareholder of EUA? I can’t see how that’s a positive for us or how that would sit with the London Stock Exchange
As much as I’d like to believe that Panino I can’t see how that would be the case. I know they’re the largest non board individual shareholder but I’d say the any positive relationship they had with our bod is long gone after this share certificate issue. Unless you’re intimating that Queeld are somehow involved with a potential purchaser, is that what you’re alluding to?
Lenoman you said last week that the shares can’t be issued to a bankrupt company when we were discussing Queeld & the bankruptcy so where do you see the shares going if not to Queeld?
Queeld must be furious where the share price is now in comparison to what they could have sold at previously. Can’t see any benefit in them selling now as there’s not enough volume for the market to support that number of shares hitting the market. Share price would be rock bottom in minutes. I’m in two minds as to what happens next, part of me thinks they’ll call a shareholders EGM to lodge a motion of no confidence in CS or they may sell their shares to a third party for an undisclosed sum. I recall reading about A Churakov dumping all his shares in one transaction, is there any possibility that the buyers could have some sort of link with Queeld?
Thanks Mikey, I’ll have a read of that RNS again
Mikey, where did you get that figure from?