Evening chinner!! With the current funding deal as it stands, if flf didnt go through with the 28p funding they could potentially buy us out at 15p per share, if they go through with the 28p funding then the 28p sets the benchmark for the next 12 months if they buy us out.....
Think of it this way though, would the investors that put 10 million in last year be happy to take 15p per share after all the stress koovs has caused?! I don't think the would go for it!!
Id happily take 20p but i know that leaves fellow investors under water so i would take it but also fell for others losses so itd be a double edge sword!
Just got back from holiday and jet lagged to fook lol!!
Chinner, talking of high averages etc, the management here have done us all without using any lube!! Even people with what i class as a good average of 10p like myself are sitting on big percentage paper losses now, these cretins came to the market begging investors to buy shares at 15p and have treated those investors disgracefully, if Waheed had one shred of integrity he would have been buying heavily on the open market at 8 to 10p, to offer some support to the share price, everything that has gone wrong here from day one falls into Waheeds lap, what kind of person does a placing and then sits and watches a 70 percent drop from the recent 15p placing price?!
Every single investor in every single placing since ipo has been battered!
Waheed floated this stock at 150p and it rose to over 200p,he then sat and watched it fall all the way down to 50p before buying anymore shares!!
Had he believed that this would be an overnight success he wouldn't of ipo'd it so early, he only ipo'd it so he could risk the markets money instead of his own money!!
At ipo this had an mcap of 36 million with under a million in revenue ffs!!
He fooled the market by constantly mentioning asos and even going as far as saying that koovs was experiencing "asos like growth patterns"
Chinner, the cfo is an absolute clown, he knows nothing about how listed companies work, its his first role in a listed company and he is out of his depth.... What he lacks in knowledge he makes up for with arrogance!!
These scum bags have cost us all money
Ultimately the blame lies with the chairman Waheed Alli, he should have stepped down years ago.... After the ipo failed spectacularly he should have gone, Waheed told the market that the 16.5 million from ipo was enough to get to profit yet here we are with total losses of 100 million quid 4/5 years later!!
All i can surmise is Waheed/Biyani need the share price low for some reason?!
To be honest Koovs need to release an uodated funding rns as the ht media deal is now clearly dead and buried after one tranche (there should have been 4)as the shareprice is so low its impossible for them to have more shares, Biyani won't allow the dilution!!
Diamond i think your opinion is on the money about kishore
Me and putney and a few others here have actually met face to face at the egm and then the agm.... Putney has actually attended both the egm and agm.... I could only make the egm and not the agm sadly.
At the AGM it was also stated that if shareholders continue to post on social media then the company would ignore all our emails, they said if we no longer post on social media they will answer one email on rns days only