Member Info for grappa

I bought £650 more yesterday as edging my bets. If it doesn't go through I think RTO and at these prices a small profit could be made,

however their MCAP of 14.5M is far better than ours but we will be needing a good chunk of that.

yes its a worry that denarius have fallen 90% this year. Sounds like the due diligence should be the other way round. Maybe its a last chance saloon for both companies. They need us to survive and we need them to survive.

Chri5p, I think you're being unreasonable and rather childish. BricksSA was involved like many of us before you came on the scene and his input has been valuable over the years. He's not the type of person to de-ramp shares. However the opposite could be said of you who I feel takes a more subtle approach to ramping.

I think you're letting your frustrations and anxieties out on someone who's just sharing an opinion.

Very good to see us topping the leader board this morning too.

EyeGuy WH Ireland had a previous target of 36p a while ago. The RNS is fabulous news but we need the JV to go though next month for this to go upwards.

Hi Bricks good to here from you. Yea what does "Authority to allot securities for non-cash consideration purposes" mean?

What are peoples thoughts as we should know within a month or so if this will get signed off?

Would be interesting to know if people are confident or not?

Can someone confirm that

Cjen, I was tempted to average down whilst at this price to then try and break even if we managed to get to the 9p but I feel that 9p is 2 to 3 years away and my money will hopefully make a better return in these years in other stocks. 9p would get me to 25% down on my investment so willing to hold and wait.

The 9p IMHO would be OK given how much of the asset we have had to release to survive.

Good to see we're stable and staying above 3p. Hopefully over the next 50 days or so this will keep above 3p and if the deal goes through we will see an increase to the 5p's again.

Realistically I would expect us to stay at 5p for 2 to 3 years and then hopefully that magic 9p after PFS. Shame the days of a multi bag to 30p+ are gone but 9p is far better than 0.

It's good to have you contributing Bill, apologies if my previous comments also included sarcasm. Must be an EUZ thing.

Another thing you will notice Bill is that normally after an RNS over the last few years the share price rises a little and then actually falls below the pre RNS SP. This is also normal with EUZ and accepted by long term holders, however we get nervous when a rare RNS drops because we know our investment will reduce a little. On a positive this didn't happen this time as it rose and stayed above the sub 3's prior to the RNS.

Hopefully a sign that we have convinced another 3 or 4 private investors that this may go somewhere in 3 to 4 year time.

Bill, the day when the RNS landed was a freak day for trades. Over the last 2 years there's only being 2 or 3 days where we've hit double digit trades. The average over this period is 3 to 4 trades a day. This is quite normal for EUZ.

Cjen I’m glad your average is not as high as mine. However 150 is simply a dream and never going to happen ever and by March lol. You’re off your rocker

Yesterday and seeing new posters that have come and gone was exciting and I think we all can breath I sigh of relief for 60 days at least. Come Monday we will be back to BAU of maybe 1 or 2 posts and 1 or 2 trades per day. GLA

For the record I'm not been negative below and Myles has done a good job getting this over the line (if signed in 60 days)

I don't think he had any leverage and choice. It was either sign or lose everything. Unfortunately the deal has come 18 months maybe more too late but he has done it.

It would be interesting to know what LR thinks of this. I always said Bennelong were just taking a punt and knew that they would have no involvement in the day to day running of EUZ. For them it was a 100/1 outsider that fell at the first fence.

I will continue to hold my current stock. I've not bought any EUZ this year and glad I've not got suckered into doing so. If the RNS would have been AIM rule 15 for RTO I would have lumped in to average down in the hope that there would have been some SP volatility to sell to try and get close to breaking even.

Personally I don't think we will get to my average of around 11p to 12p in the next 5 years (maybe after that). I think there will be an increase maybe back end of 2023 and 2024 to around 7p to 8p max but not into the 10's. 9p would be a trigger point for me to sell everything in my ISA. With regards to my SIPP I'm willing to wait after the 5 years in the hope we will get to the magic 12p.

Think I said yesterday if the deal goes through our new % share is so small that the dreams of 5, 10 & crazy 20 bags has gone when we sign on the dotted line.

As they say "Beggars can't be choosy"

This must be the most unloved stock on AIM. PI's are just staying well clear.

If in 60 days this doesn't go through I can imagine the pot will be dry. I just hope there's a few pennies left to get us to Aim Rule 15 or we would be properly stuffed. Anyway lets hope it does go through and we don't have to worry about the latter.