Member Info for fonters

Thought this would come good. Excellent!

Can't see a p and d call from a 500 quid trade over a month tbh. Anyhow GLA!

Well whenever the next news lands, from the last fundamentals on here, the net asset value is given at over 5p per share. Not a bad starting place.

Hasn't this share been a little leaky on the news front before?

I think there are 2 separate issues here. Firstly, the company has requested suspension of trading as they now believe they are insolvent under the balance sheet test. Secondly, and inspite of this, the mezzanine lender is still offering its support through extension of standstill, for the reasons okenia has pointed out.

10p is a mcap of around 25million. Easily hit that on the right news.

Probably as none of the DMA traders are selling now. Wonder why??

Thanks veldt.

Lol. Quite right cam. Deal announced sometime today then?

Possible hobione. I think the deal will be announced tomorrow, but they needed the standstill for today - they had to either have the standstill today or they were bust today.

A couple of days ago it was posted that the mms wanted 2.5p for 10k worth. What is it now for that size of buy?

Maybe the one day extension was to allow the chums to load up before the company announces its saved?

I am so tempted to buy a whole lot more of these!

It fell, as you know, because there was - is - a chance it will go bust. As that chance diminishes the price rises.

Nice try mtuk, but as you know thats not what that RNS said.

20p is only 50million mcap. Not impossible, not going straight there on company saved RNS but 7p easily doable.

Possible cam. But that would require the lender to grant the extension for that reason too, which frankly I can't see.

Can anyone think of a reason why a one day extension is bad news? I can't.

One day extension can only be good news. Absolutely no point otherwise IMHO!

If they were pulling the plug, they'd just do it. 1 day extension surely means deal done?