Member Info for Jimbo666

He’s referring to the likely destination of the buyers

Adam Reynolds is sitting pretty here and wins either way, a shrewd and somewhat tactical move which I suspect was engineered by him. I’d be seriously concerned if I were in pennys shoes

This isn’t some backwater estate agency it’s a commercially driven company owned by private equity with a value of 10bn plus.

Do you honestly feel boots would pull the tests if penny was given the elbow? Not a chance

You can call a GM and propose she is removed would go down to a vote. If the current sale is rejected it’s likely her position would be untenable

Nobody can say for certain but in my experience this is often declared in the initial RNS. Low risk here with good upside given the 5.7m in cash should the sale conclude

No carrot for the larger shareholders here this is getting voted down IMO a opportunistic smash and grab attempt by the BOD

My advice is sit on your hands at these levels there is a very strong chance the sale will get voted down

Also open to rival bid, lots still to unfold

Via shares in the open market to assure the vote passes.

To some very interesting rns holdings being lodged imo

Looks like a reverse into the sea salvage. HMS Edinburgh was recovered in the 80’s with 400 gold bars worth 40 mill back then. Very interesting concept

3 million at .21p to chew through first. Ouch!

Check out Nasdaq listed CRML now 1b Mcap x7 sp in 6 months - rare earth minerals based in Greenland many parallels

It’s the placing shares being held by spread ex that need clearing as they are being sold on news

As previously stated I re-affirm bitcoin pivot here, new investors will be entering via intro from Bowsprit so expect placing news in the coming weeks

I don’t see it as a stitch up. More a strategic move to create more value from the sale of the company.

Just sit tight they should recover and possibly exceed closing SP from Friday

The vote shouldn’t be an issue as director holds over 50%

2 keys take aways from circula,

Company almost at break even and will be in profit post delist without AiM expenses.

Very interesting they are seeking to sell the company within the next 24 months, I expect substantially north of here and potentially to one of the large multi national partners recently announced on their website not rns’d