Member Info for Humblepie

I love the small number of shares in issue..

http://www.investegate.co.uk/Article.aspx?id=20110704070100H8033

the chairman, has purchased 600,000 Astaire Shares on 1 July 2011 at a price of 0.85 pence each resulting in his holding comprising 1,200,00

If the 23% holding in Landsdown worth about 8 pence..and the cash worth around about 42 pence, are we expecting a ten pence or 33% rise or are we going to keep the 30% discount? What is the real reason for the continuing discount and how long does anyone think it will last, or any reason it could increase further please? hp

not?

Surley going to go up?

it continues then?

I am hesitating to say it would be the latter

Did someone speak to soon?

53% of what ever astr got.....(what ever that is)

0.8 - 1.0

I think it is but it looks like rosh is the man to decide that...

If indeed astr has the cash and people want it the shares at 260% up this should only theoretically be up 130%

Evolve has a 53.6 per cent interest of whatever astr has.....

Evolve has a 53.6 per cent interest of whatever astr has.....

Some have said that the company is going to return cash to shareholders. It is true. How much. Its largest shareholder may want to persue alternative methods...Despite the settlement of the litigation with Izodia the Board of Evolve believes that the realisation by Astaire of its assets and the settlement of its liabilities in preparation for a return of any excess cash to its shareholders is likely to require some considerable period of time and involve presently unquantifiable costs. The Board of Evolve further believes that the investment environment may change significantly during the intervening period. "For these reasons the Board of Evolve is currently considering whether it might be in the best interests of Evolve shareholders for an alternative strategy to be pursued which would involve Astaire becoming a more active investing company. Should this strategy be implemented Evolve may seek to appoint individuals to the board of Astaire for this purpose. Under this alternative strategy Astaire would not then return any excess cash to shareholders of Astaire but would instead seek to invest the cash that it currently holds, and any amounts realised from its present investments, into as yet unspecified investment opportunities with a view to increasing the value of Astaire's assets for the ultimate benefit of all of its shareholders". Main thing is there is cash.....

1.2 to buy

80%

up 60%

a few buys coming in..in sympathy with astr...not sure how long it can last