Member Info for Ironic

Dec2018 accounts £14.6 million cash .....April 2019 cash £16.5 million they made £1.9 million since the accounting period ! .

Let the traders move to other shares and get diluted by random placings . Bobby won’t place as he holds the most shares more than the other big holders put together . Bet there are no free shares now .

Even if that is the reason ...great we have a CEO who wants to move the SP . What is wrong with that . I would rather have a CEO who gains “””MORE””” from the SP rising than constantly skimming out cash and diluting . MORE highlighted as other BODs have a Tolkien gesture holding given to them but make more taking money out than if they let the SP rise and their holding gain value . How can people be un happy with a CEO Who has a interest in success .

Don’t forget the M Cap was 5 times that when the company was no where near as big as it is now . So much has improved in such a small time span bring on a £200 million m Cap . What is the formula ten times earnings . Revenue at least £88 million . Probably £100 million now ...Bobby knows what the Revenue is now ! .

Yes YingYang it is strange to see a CEO who wants to look after every one even him self , so strange . Your obvious thought “why has he done that where is the trick” says a lot about the market you trade ! It says you know that The average BOD are only there to rip you of and keep skimming money out as fast as they can for them selves . Think about what you are saying Bobby did SOMTHING positive and you are not happy ?

EQT just landed a contract worth £40 mill to them then they gave 2,777,777 shares to a service provider , out of the blue another BOD dilutes 15% of a business when things couldn’t look better . Lucky I was out of both at the time but was bob smacked ! At both ! . So feel free to day trade leaving a proper company with a CEO who has a big the biggest vested intrest who gets diluted more than any of up . To be robbed when you pop into one of the BODs cash cows at the wrong time which is random ! . Just gave 2 examples of totally random dilutions .

99.9% of other CEOs just see investors / traders as mugs who are their meal ticket , especially mining and oil ! . They just keep placing and spending ...Bobby has not spent a penny ...Placing was for £12 million giving £11.6 million in March 2018 , we now have mysteriously got £16.5 million . The BOD have not taken your money to the races for a day out like the other 99.9% do ! . Investing is a mugs game but once in a while you get a diamond in the rough . The traders will sell for 15-20% and get robbed when they put it with the average BOD . BLOE making a million a month just placed typical oil no one saw that coming . Keep clear of oil . This is a proper company .

You mean a CEO who is interested in making the SP go up instead of down . A CEO who gives a dividend even when the company is on its knees a CEO who cares about his investors ...how cynical . Lol .

AIM rules any one reaching 30% or more has to make a formal offer for the rest of the shares . Permission to exceed 30% can be gained ...my guess his permission is around where he now is . There was slight dilution from a few warrants/ Option shares so maybe they diluted his allowed purchase target and he has gone to the max again . Would a company share buy back be allowed as this would alter his percentage . Nice one Bobby .

A few days ago We were sat at cash level ( turns out we were sat below cash level ) because people thought the FCA might close them down . Now we have a clean bill of health from the FCA and nearly/probably double the Revenue at least £88 million and cash £16.5 million a few months earlier it was £14.6 million ( magic ) . Debt free , yes no debt , no debt at all . Strange for our markets . The CEO still holds 53% of the shares . Can it get any better .

Speaks volumes every one accepts and expects a full year of falling on the U.K. market but most don’t exspect two days of climbing and certainly don’t exspect to see three days in a row . Why do people trade if that is their perspective of the market . I am addicted that is my reason but why do others buy shares when they don’t think 3 days in a row is possible ? .

Great point ...this has fallen for one year , now we are in a far far better position than before the fall began , better in every single way possible . So I exspect more than two days rise to compensate the full year of falling .

We all know there are very few shares available and no chance of a placing for years and years with that obscene amount of money being held back for a rainy day at the start of summer . So we just need to wait . I can wait .

Bobby might only be allowed 53% without additional permission . But the company could buy back any shares since the £10 placing . Hand full of warrants and staff shares . That would keep him within the possible agreed perimeters and we could say exact same number of shares as the £10 placing . That would be nice Bobby and cost next to nothing .

The MMs have made shares here rare as dodo’s . So a Holdings RNS or a Share buy back announcement tomorrow please Bobby . You with your 53 % holding will benefit most .

Nice free ride . Good luck .

The official free float and what we know are available are slightly different creatures . But I agree .

I think they deliberately held the £11.6 million in case the FCA went the wrong way . Plus power deposit was £3.5 million now only £2 million I think . So old deposit and placing money added up to roughly cash held . Now FCA happy we have got £££ spare buy back some shares .

A share buy back announcement would go down very well tomorrow morning ! .

Even with a few large sells there really are next to no shares not accounted for . Add to that debt free and £16.5 million cash earning interest the MMs could have no shares at any point . All it will take is one small holdings RNS and the whole market would know this is over sold .