Member Info for Davand

Sure Andyken can confirm if that figure is correct. I suppose that's why he said at least £1m claim amount. I get what you're saying but nothing ventured nothing gained as they say.

Of course, without confirmation it might not be Spreadex at all .

Might it not be that Spreadex have just had enough and selling the lot bit by bit?

So next notification will be increase or decrease? If you're right then they must be confident they will have time for the sp to increase so that they are well up on their total holding.

TR1 suggests they have reduced their holdings considerably lately.

So they are totally manipulating the sp?

But at some point they need it to go up don't they?

But they are selling ever lower, so how do they gain? They bought at placing price or higher. Now selling at much lower prices . Sorry!

BGF and the others need to be applying pressure now. Heads must roll along with Hextall.

Bill Chang down another £150k from the placing. Bet he's happy..not, like the rest I guess .

How much longer will they just sit there and let this burn?

Twix, I take it you are not interested in Andykens efforts rgds legal action as per his post last night.

Is it Spreadex?

Why don't the big holders go down a claims route?

Andy, if it ever happens, where does any payment come from.. Must be an insurance I presume?

Andy, I think twix could nearly match that £500k on his own..lol

Yes, there is a business here, just the wrong jokers running it. If nothing else what's the sale value here? A bigger concern will make it profitable in a nano . Just get rid of the fat and deadwood..

Clark yes I agree, especially your last sentence. I think he maybe had to put so much in to hang onto his position. Either way, the BOD have zero credibility. Investors just won't trust them now.

Clark, I don't think anyone would have spent a penny more if things were that dire going forward, let alone £850k between LR and Chang alone. I believe they would have let it go at the time. BGF still seem to think there is a future here, along with the other big players .

They can't be making any money?