Member Info for Ilovesushi

The Buyer has transferred the total consideration for the Disposal of US$35 million to the Company and receipt of funds is expected imminently.

Just awaiting the receipt. Funds are already transferred. 1.8 pence for 1.64 and 0.5 pence left over in a cash shell. 2.33 total value. Best thing for free money.

1.8 PENCE and notice that the special dividend will be a return of capitol should get this over 2.0 pence.

Then the company x dividend is still worth about 0.5 pence. Why not buy at 1.64 and get value of 2.3 pence? That's got to be worth another 35% upside.

Now where will they get the money to continue all these projects? Shares anyone?

How long can a company go on and issues shares? Who are the daft people who are willing to part with their hard cash for that carrot that is always out of reach?

They need cash to pay wages and do drilling. So more and more shares are going to hit the market and dilute any holder.

Cannot earn enough to pay for salaries and a lab and will always issues shares. This is just a business to keep some boffins a job.

Never gone anywhere and a history of share issues and that will continue long into the future.

price is 1.7 pence. Total value is 2.3pence

Fair value 2.0 Minimum.

Anyone selling for less are stupid.

Sale of the century. Cost price. 2.33 pence. Yours for only (as I speak) 1.72p That must be about 33% upside?

1.8 pence divi and return of capital. 0.5 pence residual value. Total value: 2.3 pence.

Its like taking candy from a baby.

2.3 pence.. for 1.7.

Like taking candy from babies...

Yes company will have cash of £4,000,000 and it may also have that already in cash. Total value of cash shell not including the listing is a minimum of 0.5 pence. Add 1.8 that is a total of 2.3.

If the share price is anything under 2.0 pence is a not brainer. Buying at 2.0 still leaves a company worth from 0.3 - 0.5pence.

Buy upwards of 1.7 and you get 0.6 of free value added on, in a cash shell debt free company with further prospects. Next best thing to free money. Its a no brainer.

0.5 pence residual value. Total value of AMC is 2.3 pence. Any purchase below that is taking money from a baby.. buy buy buy

yes worth topping up as a no brainer. 1.8 divi splus a cash shell of 0.5 pence. Total value of 2.3 pence.. So any buy at 2.5 is free money.

Hold.

Special dividend of 1.8p plus a cash shell of at least 0.5 pence. Total value of AMC atm is 2.3 pence

The Company will continue to be listed on AIM as a Rule 15 cash shell which intends to provide enhanced opportunities to create and deliver shareholder returns.

Total value between 2.2 - 2.3 pence. HOLD

ADD 1.8 PENCE TO THAT IS RETURNED TO MONEY ALREADY HELD. 2.4 PENCE IS THE WHOLE VALUE OF HOLDING.

BOOOOOOOOOMN

Happy with that.

History of share issues and failed promises. Surely this must be put to sleep? There is no business here. No one is going to this what ever it is in a boat. Certainly not VOLVO.

THE SHARES ARE WORTHLESS AND WILL SOON BE DELISTED.

At least another few more dilutions before it actually ever makes money. Looks like more spiked and locked in. A life style company if there ever was one and the management gets their wages from selling shares. Damn