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Can't remember how long i've been in here. Thought it was one of those that had dropped so much it was worth hanging on just to see what happened.
Just waiting on the other 5 crappy speculative pharma shares I hold to do the same as this lol
Sounds like you may be spot on with that. Just love the way administrators take a hefty fee and then dump assets at next to nothing, nice work if you can get it.
Funnily enough you may have solved a mystery there. First got in here in single figures and later that day got passed on the M1 by a van carrying the letters GMS in 2 foot high letters on the side.
Wondered if it was a sign from above but now you mention Del boy it occurs to me the van was a very familiar shade of yellow.......
Starting to miss GFD also, pretty much on here daily since December.
Odd goings on here SP drop on no volume and in auction with no quotes to buy or sell for last 30 mins.
Could probably add a chapter, but thats down to my unhealthy interest in bottom fishing AIM.
A top up for me at 18.29. Seems that when the mm's are at a loss for something to do they default to around the Seafox 18.5 mark.
Fair winds and following seas! On the continuing nautical theme the little bit of profit I took on my initial entry at 7p has just paid for my next two cruises and even the drinks bill. Cheers to Captain GFD and co of HMS GMS.
The mythical one share bought at 1410 so could be MM's playing or maybe one of them fell asleep at the keyboard.
Wondering whether there have been any grey suits from Whitehall involved whispering in a few ears to sweep the matter and the shareholders under the carpet whilst they tend to more pressing matters.
Bit of a theme going on at the moment with parliament changing the rules so they can ignore the shareholders in UK plc.
Any thoughts on what the Tinkler master plan was afterall?
I'm off and into something with better prospects and management, perhaps Debenhams lol
So planned for several months and then released on a day when the press may be a little more interested in the country being be over ruled by its board of directors as well lol. Strangely relieved now I know what the mystery game was.
Best guess is Barclays acting on there own but as they are advising Stobart/Connect in a capacity relating to Flybe its a declaration of an interest? Wonder if the MM's speed read an RNS and that why the price is sitting at 3.9 lol
Can the inhouse RNS expert explain that one, its on the HL site but not here?
Must say the high standard of posts on here and the nicely consistent move upwards is doing wonders to cure my Flybe hangover from the weekend!
I was in at 9p and could of got out at 24p so my particular form of self imposed punishment is to calculate what I could of had on top of the loss - anyone remember Bullseye when they turn down the car and walk away with a clock radio?
Personally I would do the same thing again but on this occasion I did not factor in my golden rule, the principle that many people on boards and elsewhere are essentially something that rhymes with runts. That would have seen me out at 24p but ho hum.
Still got a good holding so will see this to the end and further my education. Would be nice to think there is something spectacular in the pipeline but i'm prepared for the big 0 if it sticks it up those that engineered this festival of shite.
Happy Monday all.
If its the case then there could be some very angry meetings taking place this weekend between Stobart and the other partners.
I'd even throw some more money in just to see the headline " A Tinkler p1sses on Stobarts fireworks"
Thanks for the response but I think I over simpified my question.
So the consortium want flybe with debts and have £100m+ to throw at it but they need a quick deal and have spent a couple of months on it. Why not then slip some extra cash to get shareholders in a slightly more supportive position given that theres possibly a very annoyed ex Stobart boss hanging around with many millions to play games with them?
Excuse my naivety, but for the relativey small sums (In airline terms) involved why not start with an offer that isn't on the face of it a calculated deliberate insult with board approval which may well have inspired many shareholders to vote to let the company burn?
We have a significant part of the UK's travel infrastructure (according to COW)to be given away irrationally by the BOD on terms assuming that it will never carry another passenger a few months on from some bother with fuel and exchange rates(just like every business and individual in this country are experiencing at present). These factors were there when the Stobart bid initially came to nothing.
So a pro European consortium comes along in the guise of Stobart and Bransons Virgin(although its mostly Delta and Air France as I recall) to save the day and slaughter the shareholders.
How to engineer such an event? What about dropping in a CEO from an interested party to engage make a right mess of things and then finish off with a suitably insane deal?
Not anyone from Virgin or Stobart obviously but perhaps somebody from Air France would fit that description nicely?
I for one will rally behind A Tinkler if he wants to start a shareholders revolt. (don't know the bloke but with a name like that thers at least theres going to be some laughs along the way.)
Perhaps the proposed new venture should alter the name as its a little long winded. Con Airways has a nice ring to it, both shorter and a very accurate description.
Oh, and could someone remind me how the UK version of the US regulations work that put a TV chef in jail for acting on a $45k tip. I'm guessing theres an exemption if the fraudalent activity runs into the millions?