Member Info for grouchomarx

Do you usually start shorting a share at 1p when it has come down from 100 GBP to 1p? Yes? Thought so.

If you think the sp is of no importance you should start reading some good books about risk/reward.

season just started. :)

Somehow at 6p such remarks make sense at 2p they just sound well......

you're TOO transparant. :)

There are no negatives so I can not understand the irrational selling. Well, anyway: I'm adding.

behaviour I'm afraid. lol

Another way to look at it is that we're granted an another month in which very positive developments can occur. A number of parties are interested in Asto, anything can happen.

I share your views.

today? This is a very good outcome. It does look like a carefully planned out way to keep asto afloat and maximixe shareholder value. One thing is for sure: a fire sale is not the intention. (That wouldn't take them all the time and effort).

One extra month of possible takeover bids/wars. I'm a buyer here. Just added some.

News exactly as expected. Good news. Court grants time to sort it out with creditors. We could not expect any better news today.

Take remarks here with a pinch of salt. Some guys over here think that any buy/sell with a value of over 1 GBP is big.

thirsty!

Relax. Don't let traders/MM's scare you out of asto. Today there's probably going to be an attempt to scare people out of asto. I think a lot of parties interests are better served with asto staying afloat (politicians, public services, banks, creditors....and yes: us too.).

I'm sure the traders here will overflow you with sp info. lol

LOL

I can see that.

Agreed. Asto is not going out of business. We'll be uncertain about the exact implications of the arrangements they'll be able to agree on for some time. But..no doubt: an agreement with creditors will add value we'll see that reflected in t/o price and/or the issue price of the equity injection. I think (and hope) 2p will be the bottom sp from now on.

Normally an agreement with creditors would lead to a higher value of the company. That's why it's very important creditors do not currently have any certainty about a t/o.