Member Info for ElDave

Yes. Expect more sells due to more shares being issued by the company -

Application has been made to the London Stock Exchange for 14,864,533 New Ordinary Shares to be admitted to trading on the AIM market with admission ("Admission") expected to occur on 26 April 2019.

Just what we wanted.

This must come good at some point, shouldn't it.

Bear 666. What does Harry need to sort out ASAP?

Shalamar. Yes. I think you will be correct. Investors seem to be more positive now.

Some serious buys coming in again. It is getting quite interesting now.

Do you think that the sp could reach 2p today then?

Things are looking up here today. I didnt expect this. Seems to be building nicely.

I am still here. Even though this seems like an eternity. Just waiting like everyone else. My feeling is that once the 9 million dollars (birr equiv.) comes in, we will be even more disappointed as I feel that this has already been built into the share price to a degree and that we will have to wait even longer for the elusive bond issue to give us a decent rise. IMHO.

The 14 Million shares sell does not give one much confidence here at the mo. Sitting on my hands for the foreseeable to see if there is some upside here before buying in.

What an absolutely rediculous statement to make. How do you know whether I hold or not? For your information, I was referring to penny shares in general as they can be even more volatile when entering or during a crash.

Never assume!!

Do you think that it might not only be Lanstead that are the sellers?

Any thoughts?

https://www.dailystar.co.uk/news/latest-news/736217/recession-uk-finance-news-global-economic-crash-2008-banks-hsbc-lloyds

Get out of volatile penny shares and into cash or of course, buy bullion.

There is more chance of the sp substantially increasing if there was a takeover imho. By putting the company up for sale, this is therefore dictated primarily by the market price which could be significantly lower than the current sp value?

It will be interesting to know why the company has decided on a sale of the business? There are too many legacy issues for this company to really achieve anything of real value unfortunately imho. (long term emed holders will know the past only too well)
AIMHO, DYOR GLAH.

One of the ways to hedge against this crash is to buy gold or alternatively, buy into gold producers. Kefi is an explorer brilliant the first gold is dug out of the ground in 2020 or beyond?. Volatile penny share companies are really going to feel the wrath of this crash. Cash is king!

Agree. It will be interesting to see how low the sp will go. It is a long time before they are in production. A lot can happen before then. Glad I was not in WLFE.

Looks to have sold down quite a few again today.

A lot of people on ADVFN are talking about lanstead selling so the price should be coming down further.

I want the sp to come down. I want to load up in my ISA!

No chance of that happening until the end of the year until the bond issue takes place ;)))

The only shorts are in my bar mate.

Cheers for the reply.