Member Info for Ironic

The markets make you laugh . A company expands becoming a producer and establishing a good solid income still doing all the previous things as well and the market . Values it less than before the 20 year income .LOL .

We’re you in before close date ex div ? . Did you trade in and out ?

today :https://info.tase.co.il/Eng/Management/GeneralPages/Pages/GridOnSeparatePage.aspx?GridId=128&ct=1&oid=01131697&ot=1&lang=1&cp=0&CmpID=002280&subT=0&cf=0
Better gamble now . Bond holders have got what they wanted .

today :https://info.tase.co.il/Eng/Management/GeneralPages/Pages/GridOnSeparatePage.aspx?GridId=128&ct=1&oid=01131697&ot=1&lang=1&cp=0&CmpID=002280&subT=0&cf=0

95% down due to some customers going bankrupt and not paying their bills which has messed the accounts up . Facts published since this point are ...Debtfree business , £11 million in cash , Biggest part of £7.2 million paid to future proof against this happening again and that money was not from the £11 million and what price has the market put on this reduced bargain between £12 and £13 million . Lol .

Into bankrupt company’s not paying their bills funny enough . Debt free , cash rich bigger business now as well .

It must be hard when your sent to de ramp a DEBT FREE company with a M Cap below £250,000,000 . Especialy when it has just paid a dividend and is its M Cap is below £100 million infact well below a hundred million pounds . Not to mention holding over £10 million in cash and having paid this years fees up front and next years as well . Not easy to de ramp all that at bargain basement levels £13 million

£2 I have no doubt we will get there but I will have bought and sold a few times in that gap and by the end of it I probably would have made less than just waiting . Lol . Spread and fees are hard to beat .

People were looking for a bounce in Israel

Not a good end either . Hey ho .

The irony is we need sellers . Want them gone before we challenge the £1 again . Funny old game .

We are actualy in launch possition DEBT FREE and cash lots of it . The launch was £26 million . Climbed to over £100 million . We now have got 1) up graded gas + electric licences 2) Gas shipping licence 3) Water licence . So financially we are in launch possition but at built up status as well . The best possition they have ever been in . 95% discount on top . Lol .

What’s that Eric Eric about to

I am very happy with how things are going . Debt free is increadible for a company in the present market . Cash rich is fanominal and usualy unheard of . Forward payments made this year and next year un heard of on the markets under present cloud . 95% discount as they introduce another utility Water . I am more than happy . Debt free sing it from the roof tops debt free .

1) Gas shipping licence approved ( should add to figures )
2) Water licence approved and launched water service as well .

Ericeric you tend to appear on shares as the MMs are losing their hold and shortof shares . So no surprise to see you here .

How many have their account on re invest dividends automatically . We were not exspecting a dividend , have the market been caught out . Are the MMs short of shares .

Holdings RNS as Bobbys holding will increase with the dividend . The CEO will receive over half the dividend and my guess in shares so his holding increases .

Ok it is running at a loss at the moment . Happy now I surgest you don’t invest here as it is running at a loss . I will hold here as they are cash rich , debt free , forward paid as far as the eye can see , Bobby holds over half the shares and the up side on profitability is £14 a share up wards based on previous m Cap and revenue growing strongly since . But it’s not happening tomorrow Jimzi it will build with each possative step . Step1 ) Dividend paid .

Jimzi I am pretty sure it’s running at a loss at the moment . But cash rich and forward paid this year , next year and into the following year . Dividend paid debt free . What more do you want at a 95% discount ? .