Game 1 - Guess the date of the next major RNS:-10 Sep 2020 07:04
Today all on there own is:-
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Tyinny69 - 10/09/20
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Good luck to you.
Jub Capital Ltd - Oh, dear!
From - Companies House.gov.uk
2.4.1
Causes of failure - Principal cause:
On Thursday 9th July 2020, the company had an accidental open short position on stock, EURASIA Mining PLC which resumed trading on AIM on 9th July 2020 following a 5 month suspension. There was an orchestrated short squeeze by the market resulting firstly in crystalised at IG Markets (9th July 2020). The company kept the remainder of its position in the market open, until it was forced to buy in by the company's custodian, Global Prime Partners (GPP), against the company's wishes on 17th July 2020.
Following settlement of stock on 21st July 2020, this put the company's debt at GPP at a greater value than it could afford. GPP then asked how the debt would be funded by close of business on 21st July 2020.
For the whole story, read through the 12 page PDF 'Statement of Affairs'
https://beta.companieshouse.gov.uk/company/08803382/filing-history
Well, we highlighted the fact about 'Jub Capital' being struck off some time back and now it has gone into Liquidation!
Good luck everyone, everything to play for in holding this good stock EUA that has everything going for it to an upside,
and with minimal downside.
Enjoy the ride, but do not be a 'lemming' and sell you valuable shares just because others do, the fundamentals have not changed, you bought in on the fundamentals, so sell out on the fundamentals, which have not changed for the 'negative' but have actually increased for the 'positive' with the flanks additions.
Oh, and did I mention the BOD have not sold any stock, that would be seen as a 'negative', but they haven't, so it's a fantastic 'positive', and couldn't get any better in my view.
You know me, I have been a holder here since last October when I first bought in, I have always given that in my Opinion this stock is a 'Strong Buy' and have never wavered on that, even throughout the suspension where I was always positive that we would come out smiling with nothing to cause any concern with this 25-year-old company that has played by the rules.
Let's hope for a more positive day amongst the wider investor base.
Off out for the Thursday breakfast meet up, good luck everyone, back later, cheers.
Ian.