Member Info for HigJW

Sentiment is massive for a small cap and quite a few are a bit peeved, understandably. There's a way to do things and waiting for a new base (on price) and consolidation would have been the right thing to do. Particularly as the company has some cash and no debt to finance. Bit of a miss-step, but I don't view it as wiping out the very good update.

Given the update from the co, I feel like the implied value of the company is somewhere between £2-4m assuming we trust their revenues targets are realistic. So, say at 0.0012 we have an mcap of £635k, I don't think it's unreasonable for us to settle near 0.0050 assuming you can suck sentiment out of the trading decision making process!

A diversification suggestion...

The washing up is piling up!

...being chucked at this now.

Let's go.

James

Allllll the flaps.

Good day yesterday. Sore head this morning 'celebrating'.

75% at 4.6p avg

Ian,

I owe you a review of your Champagne recommend. And why not? It's Sunday.

The better half and I have put it on the wedding fizz list. Thanks for the 'heads's up!

It sits alongside the Cremant from Berry Bros at an identical price-point.

I have a Magnum of pol set to oneside for 'the big one'.

Rowka, Mac and Trift - thank you for your updates, you're helping make the anticipation bearable!

If this lands north of £1.30 (a 'possible', for sure) I can transition to managing an investment portfolio full time, and dramatically change lifestyle (essentially not relying on a corporate finance job, tethered to London.)

Emotion management is hard in this context, so I know how some of my clients feel.

I'm looking forward to celebrating with fellow shareholders 'shortly'.

Enjoy your Sundays.

James

Sharpeye, have you or a company made a contribution to a pension since April 2016? If not you may be able to still apply for Fixed Protection 16, which will uplift your lifetime allowance to 1.25m. Might ease the charge a bit.

Ian, thanks. Will give it a whirl this w/end.

Can i recommend the following: https://www.bbr.com/products-10008006303-berry-bros-and-rudd-cremant-de-limoux-by-antech-brut-languedoc

Very very good, sort of good for not quite a full celebration like Flanks being approved but the paperwork not yet received.

Have a good weekend

Ian, what was that aldi/lidl fizz you recommended?

No RNS, correct. What's the inevitable?

Would be great to celebrate with you guys if it comes the way we think it will. Perhaps we can convince a publican to accept some corkage on the Aldi fizz!

WH Ireland are consolidating, de-risking their books, and have had that as a an objective for a short while. I think the NOMAD resignation is probably a mutual decision.

I can't see there being a risk of not finding a replacement. However if, in the unlikely event that we are de-listed, you would still have your shareholding in a company with an extraordinary, in demand asset. If you believe the volume estimates (as I do), then you will still reap the reward of any private strategic dealing. The only downside to this scenario is not being able to exit easily at a time of your choosing. If, however, you are in this hoping for the 'deal' then this shouldn't be of huge concern.

BoD and Shareholder interests are aligned...this is pointing in the right direction.

I have absolutely no issue with this update.

Actually rather pleased. Feel a lot more settled than I have been in recent weeks.

Monchetundra sounds like a done deal, which is stunning.

Roll on the next few weeks.

'Bag and ISA' really did amuse me though.

Next we'll all be trying not to fall foul of the 'bed and champagne breakfasting' rules.

Surely The Admiralty on Trafalgar Square! Find one more central? and surely relevant given Tilly's galleon

That's good news, would you mind sharing your email?

All the best

Thank you, Neyori for posting this.

From what I gather below, the FCA will not publish details about the content of their assessment (fair enough), however did they say they would come back to you directly with their conclusion one way or the other?

Thank you to others for your persistence in flagging and shouting about these awful actions.