Member Info for JimPrice

Janus probably wishing they had waiting a few more weeks now, could've got double their sell price. They also missed out on the Gabon news and potentially even bigger news ahead. One thing is for sure, they certainly were "not in the know" about a thing.

They had two £100k contracts come through a few years ago before Martyns Law got tabled if I remember correctly. FM will be the ambassador for new business. I think winning business is inevitable, just the quantum which is unknown. It's a good bolt on to have particularly if DRC and Gabon get off the ground. With mcap decimated and confidence in management at all time low, could be a mighty turn for investors if the deliverables come in. I'm going to enjoy the journey

Sounds a bit like Airbnb, Reddit and Deliveroo.

That's a biggie. Explained why the price moved up yesterday.

Welcome to AIM. It's a great place to be for CEOs of any company, standard practice. Whether it's WSG or else - I think Peter will have earned his dues if these two MSCs kick off. As an investor we judge by the share price and at the moment the board is failing on that front. It is priced in as misty points out, investors don't like the fact the revenues have yet to materialise. I take the same view as pantheon, this will change big time. AIM investors are forgiving people, when the fortunes turn and paper losses convert to large gains all will be water under the bridge.

Exit? Pete is doing just fine. He's earning a packet, his family is all involved in the business, I'm sure he has built up a decent pension package. He has a fair amount of stock and options too. Not too many years left in him i'd say.

There is zero benefit in taking this private unless it is a cash cow. Pantheon will know taking this private when it's high risk, non cash generative is financial suicide. I believe they have good reason to be confident but the risk remains high until the revenues are realised hence why the mute market response. If and when the money starts rolling in the market cap will rerate dramatically. Pantheon are in for multiples no doubt and they wont be stupid enough to propose delisting until the risk is off and they're generating serious cash.

So what incentive has pantheon got to take this private. If it's a loss making enterprise doomed for failure what is pantheon going to do with it as a delisted enterprise. They'd be shafted, having the responsibility to fund it themselves and no prospect to sell it on for a reasonable price.

I don't think there has ever been an institution with a 25%+ stake here or anywhere near it plus 2 board members. Big show of support and confidence, after so many years of failures one would think this is a BIG avoid. Pantheon don't seem to think so

Pantheon must be one of those numpties having invested over £2.5m here. That's a lot of money to lose.

Yrabs, i wish I had a crystal ball and could see how things would materialise, would certainly have saved a few pennies off my current average. The market is (rightfully) sceptical, nothing is actually priced in here. If PF can buck the trend and get the revs coming in then it'll be happy days for all. Pantheon won't be in for a gamble I'm sure. There level of DD is not the same as your average pi especially having coughed up £2.5m of family cash here. It does feel different to me but I could be wrong

They're putting up a second board member and have taken 28% of equity with warrants and CLNs to convert more at various price levels. They need to be able to recover the levels of cash they're investing so surely see something beyond what the market is reading otherwise it would be suicide to dive right in without a clear route to profitability. I don't think they'll be keen to pump money in here only to keep the lights on, they'll want a hefty return on investment.

Misty, I said to you previously Pantheon buying more would be a strong show of confidence for me. This isn't a bucket shop placing. You have one holder in with a decent stake. They have 27% to shift and will need a liquid share to do it. I think they're well aware of what's coming hence the skin in the game.

Be happy misty. It's good news. You'll get depressed and die and early death if you're always this grumpy.

And Pantheon increasing their stake to 27%. That's a sure sign of support. Goodbye Janus. You can expect that to be sticky cash with Gabon nailed, DRC still to come and another big news item to follow, AIHO.

99% shares on AIM go down. It's not difficult to call a share and wait a few years for it to drop like a stone. Calling a few bags is where the real investment skill is. I think we'll see that with WSG from these levels.

you'll be more puzzled when news lands and the share price starts moving. how on earth did "a proper investment company known the globe over" **** up so badly.

"Janus is a proper investment company known the globe over ffs". misty, we didn't hear you saying that when they bought. You had a good four years to share that with us but as soon as they sell you jump on it. There is no case we can make that will please you, WSG could be kicking off £100m annual profit and you'd still have a reason to talk it down. Hey ho, each to their own. Good news will be coming, I am hopeful of it

"It is strange when ii buy into a company there is euphoria yet when they sell its merely "distressed" lol.

It is not always distressed when they sell. This most certainly bears the signs of it. Instis often put in order and sit on the bid, arrange sale through broker, contact the company - Janus did neither. They sold well below the all time low in one single dump. Their sale is not a premonition of bad news which was made out as fact by many on here. When instis buy they do so after considerable due diligence but that's not the case when they sell. Pantheon selling now would worry me as they recently bought and have a member on the board too. They seem to be holding

It's ok Misty, its just based on my opinion. They're out now and sold very low down. Instis don't sell like that. They could've spoken to the company ahead of time or negotiated a price through broker but it was sudden dump through a market maker. They were not privy to any bad news IMO and I believe shortly we will see news to the contrary. I could be wrong but I'm merely connecting the dots.