Member Info for jpsherwin

Tuda, There are some very informative posts on here, Robbie1424 being one of the more knowledgeable and LTHs. Scroll down a couple of pages, you'll find him. Click on his name and read through everything he has written. Also take a look through the RNS's, of note: 19th April - Strategy Update 07th June - Final Results 29th Sept - Half Year Report GW has a significant stake in here, both Lee;s have holding RNS's against their names respectively (%) is disclosed within them. The RNS today reaffirmed what we all knew, that is, that as at tomorrow the 12th Oct at 1630Hrs (technically 0730 HRs on the 13th) if the RTO is not complete, INFT will be suspended. This can be up to a further 6 months or until such time the RTO is ratified and disclosed. I do not profess to know everything, I like you ,should research and invest on that basis. Best of luck

Come tomorrow at 1630 Hrs.

this will be blue come the end of the day..... I hope :-)

Nothing has changed. We are in the same position we were in at the start of the day. Crackers !

Robbie, could this be from your call to Cairn lol So nothings changed, suspension as at 0730Hrs on the 13th, then they have 6 months to ratify or it's done. There is no "Rest my case" we knew this. If the RTO was done there would another RNS say "RTO complete"

In what respect Latino? The RNS is clear, the only date to work to is the 12th, the objective has never changed and per the rules if it suspended there is a further 6 months to ratify the details of the RTO. Everyone, me included know the risks. If the risk is to high, there are other investments you, me, everyone here can look to for a little more security. I, and others, possibly yourself have invested because we believe the risk is worth the reward and if it doesn't then it was the wrong decision. Simply put, invest or don't but please don't ask what the man himself is up to when what we do know has been debated, discussed and researched. I'm working on 6 months from tomorrow, anything before that is an absolute bonus!

Reverse Acquisition - On 19 April 2017, the board announced that the Company was investigating a number of potential reverse takeover candidates in the oil and gas sector and was focused on completing a suitable reverse takeover transaction as soon as possible. Given this decision, the Company became an AIM Rule 15 cash shell which requires the Company to make an acquisition or acquisitions which constitute a reverse takeover under Rule 14 of the AIM rules by 12 October 2017

Am I right in saying that cash (net) equates to GBP 959,782 as at the last report?

in UK Methane Limited, held through Gas Exploration Finance Limited. The Company has recently raised �1.1m in equity from new and existing shareholders and its outstanding loan note has been converted into ordinary shares. The Company therefore has approximately �1m in available cash resources, in addition to its �150,000 investment in UK Methane Limited, held through Gas Exploration Finance Limited.

Let's see what can pull together, that's when I think the market will allow the real re-rate. For some it's an opportunity for others it's to recoup, either way let's hope it heads in the right direction.

OK so Step 1 almost complete- On sale of assets, I would like to see it back above 9/10 pence

Only time will tell. I base my investments on research. Believe me I've called more wrong than right but I'm getting there. I'm sat on a loss but believe I will see profit before year end. All the best

On sale of assets, I would like to see it back above 9/10 pence. On refinancing as long as terms are reasonable I see 13/15 pence. They need to restore faith in investors, the market doesn't like the negative publicity. Give it time (not to much mind) IKEA contract is the start of a reverse in their downturn. I note there was negativity on the merger earlier in the year but as I understand it some passed comment that Menzies walked away, the way I read it and understand it DX walked away as the terms weren't favorable... makes perfect sense to me and they have shareholders interest in mind, would we want them to negotiate at a pittance, most certainly not. All in my opinion of course.

Where did my messages go?

Sale of assets circa 4.5 Million Refinancing package.

Sale of asstes circa 4.5 Million Refinancing package.

Good to see news is filtering out there. Interestingly and I quote "Securing a refinancing is key to DX as it said last week that it had identified a "near-term material funding requirement", over and above the company's existing resources, to address a working capital shortfall caused by the company's recently reduced levels of profitability, and to provide funds for the planned investment into improving the financial performance of DX." Further to this; Liad Meider, chief investment officer and managing partner of Gatemore Capital Management, which has been highly critical of the group up until now, said "This gives the company greater financial and operational flexibility. setting the stage for the refinancing."

on sale of assets, the retrace makes no sense in my opinion..... Let's assume 4.5 Mil for the assets, 2 Mil borrowed from Gatemore 19 Mil per year contract for 3 years with IKEA 10 mil per contract for 3 years with AVON Strategic distribution hub retained Major distributor 201 Mil shares of which only circa 71 in circulation hmmmmm come on MM's - What gives???

REVENUE BREAKDOWN % Parcels and freight � 51.8% Mail and packets � 39.1% Logistics � 9.1% I'll take a look over the weekend and establish what contracts contribute to the % above

Gatemore Capital Management LLP 47,799,591 23.84% J O Hambro Capital Management 18,219,838 9.09% Ruffer LLP 15,613,276 7.79% Hedley & Co 11,596,607 5.78% Hargreaves Lansdown Asset Mgt 9,783,986 4.88% Chelverton Asset Management 8,775,000 4.38% Interactive Brokers 8,599,538 4.29% Hargreave Hale Limited 7,924,302 3.95%