Offered on a sale and leaseback basis.
Good to see the property disposal plan is on track.
https://www.primelocation.com/for-sale/commercial/details/60390694/
Chickenlover.
The Directors cannot buy anything right now, as they're clearly in talks about Funding/Corporate Action shenanigans.
If they did want a piece of the action, they'd wait and subscribe for stock at 5p as part of the deal.
Newbee - if you went 8 bid in the market right now, you'd be wearing the entire £7m placing!!
Confidence is virtually non-existent right now in the stock.
I do hope that the likes of ABDX are not thinking of picking over the ODX Carcass.
New product launch at Emba HQ - Skillets!!
https://embacookware.co.uk/
The Future's so bright - we gotta wear shades!
If they got bought out?
Clearly, it depends on valuation.
Not all bids come in at a premium to a share price, and it's a very dangerous game to start dreaming of sky-high premiums from ' White Knight' suitors when a position is offside.
Excellent performance.
I fully expect the US sales to ramp up significantly going forward, creating some solid growth.
What do we reckon people.
Monday morning, 50M @ 10p?
That would clear the speculation and give them a fresh start.
The thing is Kevijoh, most of it is all over.
The highly sophisticated crash and bash merchants have been and gone - and made a sh*t tonne.
I still think you're wrong on an expansion to the number of shares in issue.
It will happen, then we can all move on and have a nice cuppa Tea.
There's no hope is there.
There's a reason the stock isn't pushing on and retracing back up to the high teens.
The market believes that regardless of today's positive update (with caveats) cheap stock will arrive in the form of an already discussed 'Potential' placing.
As others have mentioned previously, a price around the 10p level was possibly penciled in when the stock was trading in the twenties. The way the share price was smashed in with such confidence from some larger (Boutique Players) suggests so.
I hope they get financed and I hope they land some contracts - just my thoughts.
GLA
Think I'll make my stock unavailable for stock borrow.
What do you think his game plan is here Bladey?
So far, he's put money up, no doubt had some wages, and is offside on his £3m plus he's put in.
The Russel Ductile site in S****horpe is up for sale at £1.25M at present, with a view to enter into a sale and leaseback arrangement.
The Walsall site is surrounded by residential housing, so could be flattened and built upon.
I wonder whether the angle is to asset strip it? Or push on with the new company direction?