Member Info for GrumpyScouser

I'm not sure I understand what you mean: why would it drop back to 90p? Only Daffy Duck and his shorting friends believe that. Perhaps Ive missed something.

Excellent Grasshopper. and the dung of a dead goat is as repugnant at dawn as it is at sunset.

The RNS states that the details will be circulated on Nov 11.

Look at all the late reported trades coming through........then there may be the others at 7.45am in the morning. Interesting days ahead.....

Also someone selling of course ;-)

The problem is, IOIK, people only read the words they want to. You're correct: there was always only ever 'intention' as opposed to 'cross my heart and hope to die promises'. The 'aggregate minimum £1' has come true.....and is all fine in my own little world. Cash back; keep the shares; have a bit more next year; plus NIHL one day; plus a new business and a new strategy and potential sp growth.] Can't see what all the fuss is about except for those who want out or who are trading. ATB

@addicknt: yup....

Roc_XEL: you're right and I apologise (sincerely). There has been no good news published since the sale of PSD apart (IMHO) from:- - A full and frank disclosure of the mess which was uncovered during the forensic review of the books - Recruitment and on-boarding of the new CEO, which took months as is normal for a role like this - Completion of the acquisition of PT Health (which I personally think is worth investing in for growth) It's very clear that the BoD have a policy of saying as little as possible. Publishing ONLY what is required of them instead of the previous smoke and mirrors. So as frustrating as it is for PI's, we'll have to continue waiting or get out. Honestly: I am convinced this is the objective in order to reduce a naturally emotional PI base and replace it with mainly II's. This does nothing to help those with high averages, however the BoD's responsibility is to grow a profitable business and deliver tangible, accountable results. I'm used to working in that world and have no problem with it. I also like the stone-wall approach, especially with the last 18 months to go on! Once we have a company called Indro's Bit Tech Monster, then I think we'll see a programme of communication...instead of wasting it on Quindell (a pile of loss-making tech sheds formely build on a sand castle.....or whatever it was). ATB

Well.....someone doesnt agree with you.....someone knows exactly what the plan is and is buying very large slabs. I imagine we'll have to wait and see.....exciting though ;-)

Hang on....just hacked Dippy Duck's phone. It says..... thems aint no buys thems sells u see wednesday. My 90p safe for huge payout wiv bonus. loadza grain for me an missus Duck for Christmas. Stuff turkey duck is best.

Please do: that would be very helpful, although I think £416m payout is somewhat more than 'limited'! At the EGM on Nov 26 they may be asked: I imagine it will come up...once or twice. There seem to be several obvious possibilities:- - To ensure acceptance by the courts - Because IM's new (as yet secret) strategy requires additional funds - To fund an acquisition without silly games like the previous lot used And there are some (in my opinion) less likely scenarios:- - The business is on its knees and will close by Christmas: not likely - The BoD are liars and have misled the market (they haven't.....read the wording of RNS's) - There is a huge, gaping hole which they have discovered: there isn't because nothing notifiable has been published I guess we need to be patient and wait for the news. Unfortunately thats a tough call for day traders and us PI's. Very frustrating. ATB

Stop ramping ;-) This is going down the pan. 90p by Wednesday...Daffy Duck was right 45p Capital Return.

and does it have space for all those 90p's behind the cushions?

Morning Solihullmike: at the end of the RNS there is confirmation that a circular will be issued on Nov 11 regarding the capital return. This is likely, I believe, to confirm the amount; the process (buy-back of shares?auction? simple return of cash? coupling with a request for approval to start the company share buyback? who is entitled to it?) As for whether it will be in the bank or just arrived by post over Christmas......we shall see!

Based on which way Daffy Ducks SHORTbread is floating up the proverbial creek

I'm starting to warm to you, Daffy Duck...... Last week you were blabbering about a 45p capital return: in fact its DOUBLE that. In which case: roll-on 90p!!

I TOTALLY understand why, Sam. However:- - As private investors we mostly have a tendency to read what we want to into RNS's - We also have a tendency to only see what is sitting on a plate in front of us - On bulletin boards there are many hidden agendas: I have NEVER made a secret of my positive view of this business, both previously based on what I THOUGHT was happening, as well as now under the new regime and having had to re-assess my views. So until we see additional RNS's: you know exactly how much you can expect back very soon. The remaining 10% will be next year. Frankly: I believe this BoD is far too shrewd for this to be a sign of weakness.....I think it's the first of a number of announcements which will rebuild the sp and market sentiment. I may be totally and utterly wrong.

of the week already deleted. BS: you really did start to show signs of rehabilitation, however you persistent, relentless and singular obsession with trying to create FEAR and DOUBT and WORRY in QPP investors appears not to be working. I see the price has completely collapsed today......oh dear, no it hasn't and take a look at the size of some of those trades going through. Good luck with your short.....sincerely.

Sam: I've been understanding with you and helped you (privately) to get clarity on your specific situation. However I have to say your initial post here is incorrect: please show me where the bad news is. Why is the company holding back funds to be considered bad, or unwise, or foolish or irresponsible? When I see an RMS which details notifiable bad news I will apologise unreservedly. Cheer up.....life is too short (oops!)

Tony: like MANY of us you are disappointed. DO read all the RNS's. However: there have been no promises whatsoever from the BoD. So when you write to the Court, do make sure you get that right before you waste time and effort.