Member Info for Ironic

I am now concerned . The strength was that no big holders were selling . Now they have given them away . I am now not sure of the future . It’s going to be a bad year or ten for UK investors in general .

Both lost a fortune .

Would have thought YU being cash rich and paying millions two years in advance . With £11 million spare and saving on 16 million dividend payments ...would be buying shares back hence increasing Bobby’s holding percentage !

Views on how much the advanced payments already made are . Including Q3 2019 advanced payment made already . The RNS says these advanced deposits made are the main reason for the difference from £18.2 million cash to £11 million cash . So we are actualy well over £11 million just that we are squirrelling millions of pounds away in advance !

So £3.5 million deposit for this periods fuel and £3.5 million deposit for Q3 2019 onwards periods fuel and £11 million in the bank and Debt free . Yet you think it deserves to be lower . If they closed shop tomorrow they would have millions above the m Cap to share out . Then the AIM shel to sell . This is already very very top heavy cash rich .

We are valued just over £7 Million . With £11 million in the bank . Plus we put a £3.5 million deposit in advance each year , we are two deposits in advance =£ 7 Million hence we came down from £18 million cash to £11 million cash . So in effect we have got £ 18 million and are valued at just over £ 7 Million with over £67 Million revenue signed and contracted for 2019 we should get a up grade on that figure soon . All in my opinion based on RNS a extract ...The Board confirms that the Group held £11.0 million of cash at 30 November 2018. The reduction in cash from 30 June 2018 to 30 November 2018 was in line with expectations, being primarily due to a scheduled annual industry payment, and an advanced payment against the next year's annual industry payments otherwise due in Q3 2019. plus we had some staff option money on top of the £18 million . The £7 million is not spent but in deposit for future spending .

£57,000 and £32,000 buys are from the 21/12/18 as they have taken time to fill .

I still think Bobby who holds over half the shares may be looking to reverse Take Over . He may have told the big holders and may be seeking permission hence setting every thing squeaky clean first . Just a hunch .

If it went back to 50% of Placing price that would be a TEN BAGGER . About 80% of shares held by big holders ( notified holders ) . Look to be Holding above £10 and not selling in to the scare .

Nick Parker exercised his options March this year ....start of the FCA reporting investigation period . He has not sold any ( no Holdings RNS ) . I think it is all about him not YU the company . The strength is the people in 5he know are not selling .

The old finance officer will know more than any one ...NO RNS saying he has dropped below 3% so he has not sold any , he can ! . Canaccord only sold a few on the Cctober RNS none since they can .....Nick has entered into an orderly market agreement in relation to his holding of 500,000 ordinary shares (3.1% of the company's share capital) expiring on 18 September 2018.

Directors are restricted 30 days prior to Results publication ... they were published so Directors are and were free to trade . You could push the boundary and say what about the trading update due end of January .... that is more than 30 days away so the directors can still trade .

The big holders with millions invested are not selling . They will have been in talks and have a better picture than us .

£11 million cash in bank , Debt free and about 96% slashed of the SP . A TR1 buying or NO selling TR1s would be interesting . The BOD will know the new contracted agreements for 2019 have they passed £100,000,000 yet ? . They will also know how the water contracts are progressing . The Big holders will have had talks .

There are fees and costs so £2 million is probably fairer . Nether the less we are cash heavy at this SP . Then the £67 million already contracted for 2019 3 months on What will the new figure be for 2019 contracted accounts ?

More cash than market value . NO out standing debt , £11 million in the bank as of 3 weeks ago . Figure that one out . Trading well below cash .

So they are burning £ 250,000 a month . No debt out standing . Cash in bank is more than current M Cap , restructuring fees and review fees could be a million or two million if they are paying redundancy’s . ( that will keep the Shorters happy more people on the dole Shorters goal achieved ) . I shall hold , it will be a bumpy ride . Obviously I have lost money at this point but my wounds are not as deep as the staff who are losing their jobs in the restructuring . Shorters will continue to gloat at their success and continue to dilute businesses throughout our failing system . Good luck to the staff .

Could be correct could be wrong , he knows the same as us .
The comfort I see is the big holders have not sold in 6 weeks . Now they will have had chance to ask questions .
If we get a flurry of sell TR1s then I will be very very concerned .
As for now the lack of professional selling is the only clue any one out side the loop has got ! . Reporters included ! .

As you say you shorted it and constantly posted negatively to chase of potential investors . No wonder the country is in such a mess . Shorting destroys business , it creates dilution and as such devalues .

I don’t disagree .... I have bought more as a gamble because the risk / reward is huge . Unless your shorting the risk reward is always stacked against you on AIM we all gamble on AIM .