Member Info for graham-wales

Just drove past looks like they are complete and ready to go

Playing me up again. How can they get 3.1 billion based on conversion price

My mistake it was The recent loans that were changed from 80% to 70% and not Darwin

LSE fiddling around with it again

So with a closing SP of 3 I take it Darwin can now convert at 80% below this price. Or is it 70% did they get the same revised deal that D J family got.

Problem was the wording in the admin doc. They suggested that Darwin would convert in a controlled manner. Well they didn't and converted at the earliest opportunity. I'm surprised they are not shorting this as before

Not sure Darwin converting has a positive effect on any company let alone this one. But you may get a bounce when the next conversion goes ahead they have a way of pushing the price up in order to offload.

The Company has obtained confirmation from Darwin Strategic Limited that it will use its best efforts to seek to work with the Company, DJFG and BGL to ensure an orderly process takes place for Darwin to recover its outstanding loan funds (primarily through conversion of the Darwin Convertible Notes into Ordinary Shares) and for the Company to complete the Acquisition and Admission within the timeframes stipulated in this Document. Provided that any outstanding loan funds are less than £100,000, Darwin Strategic Limited has undertaken to agree to enter into mutually constructive discussions with the Company to resolve any outstanding loan funds which may include the entry into of a standstill agreement for no less than twelve months and/or the entry into of an agreement to reduce the outstanding loan funds on mutually agreeable terms.

Perhaps you need to read the terms lol. They have £200k left to offload they have to get below £100k.

Because they still have a minimum of £100k to offload to allow the RTO to go through. Have you seen another conversion notice?

One small problem Darwin haven't gone.

Nope I was wondering how Darwin and co would get their money back. So at some stage would have had to relist. Just couldn't see how they would get pi's to bail them out but now I do.

That's what commentators say just before the opposite happens lol

Well at the moment BOS value FTE at £600k based on proposed share price after consolidation. With a minimum conversion of £100k to come from Darwin that takes current m cap to £740k. So I guess you can take a chance on it rising from the proposed 8p or wait until the RTO. I'm not buying in either way but watching and learning.

And that's where the problem lies with LSE bb's. It's all about sharing experiences and knowledge just just shouting down posters who have an alternative view. Posting multi bag constantly is seen as a turn off for potential investors. Hard facts and figures is what gets people buying.

Wonder if they can find all the monsters in Australia.

lol if you wait a bit longer you can probably have them all for a couple of hundred quid.

At a guess have converted the next lot at low 30s.

There used to be genuine investors here but got taken for a ride, so none left lol.

Issued today, i guess quite a few hadn't been pre sold.