Another serious recapitalisation at 50p in terms of new shares...have a look at the rns for details
...have some breathing space now with c£5m in net cash (I think)...but my view is they need to get to breakeven pronto
...then we are talking lol (and would be the upside/recovery play we discussed several months ago)
..aaoo/dyor/no advice intended etc ect
atb
Jolly
half in lol...
...so not yet a Jolly jewel like GBO (need more visibility than Kachang offers...just call me Thomas)
...but in for more than some of my piddly punts (like the ?ill fated ABM)
didn't spot that! ...
...90K*200-350 net margin (after sustaining capex and tax at 1200/1300 pog)...doesn't change PoV
...AUE financed (nearly!!) unlike B... and has v little premium for its reserves...so offers better value than AMA imv
..aaoo/dyo
up to 310 on bid...MMs have little of this beaut imv...small buying pushing price UP
...DWHA is c£5...so still whacking 40% discount
...and the Dewhurst seem jolly decent to an amateur like me
...aaoo/dyor