Member Info for Flogit123

Annualised revenues about 4m

Annualised costs , hopefully no more than 1.5m

EBITDA multiple - total guess at 12

Market cap of around 30m euro…..

So I’m guessing there is still value here - just a pity my average price is above the current SP….

I bought two tranches of these shares last week…..

Gla

147,058,824 x 1.7p = 2,500,000

Warrants, now that’s another story ….

Bye the bye 0.5p is the par value of an individual share……

Dipped my toe in here this morning - not a huge buy and very much a gamble but if it pays off …..time will tell

Just topped up with another 100,000 buy, if nothing else it drops my average cost per share. That said I did not think I would get the chance to buy at this price again….

Not an easy time to raise funds right now - far too much uncertainty in the markets with conflicts in the Ukraine and Israel. Just look at the IPO activity this year - compared to previous years AIM has dried up…..the company must be confident of increasing production, sales and free cash flow and this must have been communicated to the new investor. Let’s see how the market responds once suspension has been lifted…

There has been one or two nice buys here today - but I suspect this will be nothing compared to a feeding frenzy post a positive announcement on the missing diamond parcel - should it ever come that is…..

In at 46 out at 57 happy with that and good luck to all holders - 20% profit over a nervous weekend. I wish all my trades could as profitable as this…..

Better to have more than one interested party…… let’s see what next week brings..

Unable to get a price to buy or sell with my bank…..anyone else having a similar problem??

The SP seems to be on the up… I bought in yesterday thinking the fall was too much and after this morning’s fall I thought I would get cute and place a low ball order -for now I will have to stay with what I’ve got… good luck all.