Member Info for jock47

A takeover does not have to be agreed, only an approach that may or may not lead to an offer. So an RNS could come any time. I am sure the BOD are weighing up various alternative strategies. Individual shareholder speculation is facile.

A very good message from you Richardo. I have long experience in this game. A takeover/ jv is imminent, Twice as many buys as sells today is the first signal. Shorters should be v careful now.

Excellent post from bots. This is the view of a pragmatic investor, not short term trader. Long term I believe this will come good with some form of partnership, financial or commercial, or alternatively a take over. Patience will almost certainly pay off.

There has been a lot of interesting comment this morning on how the market makers are playing the private investors but not much discussion on the fundamentals of the business. It seems to me that the business is growing steadily with a strong revenue growth. A regular flow of new games and updates plus some interesting commercial relationships in Myanmar. Also a financing CLN which converts at 3p. All in all I see this as a great level to invest. Time will tell but whilst day traders may be disappointed, I have a feeling long term investors will be rewarded.

Why does the company need cash so badly? The IPO was les than three months ago and all involved, including Nomad, reporting accountants and Board signed off on 12 months available working capital. It feels to me like a heavily oversold share.

I cannot believe the market capitalisation is less than �5.0m. Strong management, contract wins and renewals and in an exciting market space which is slowly getting better known. Also reasonably well funded. A clear strong buy in my view.

I disagree with many of the comments. This looks to me a good issue of CLN�s. Zero interest rate and any warrant dilution can be offset by early redemption at the company�s option. Free money to advance our expansion. A couple of contracts RNS and we�ll be flying.

Fascinating RNS today. At last the prospect of break even in the near term. Strong revenue, at higher margins and recent contract wins. Good names on client list, highly incentivised management and cash just below current market capitalisation. Remember the IPO at 60p? I think we are on our way back up.

This one is flying under the radar. Great piece in Directors Talk. Very interesting company.