Member Info for K3VMC

No speeding tickets today!

Looks very strong, either way.

Well done you holders!

:-))

FOMO into close.

Just IMHO

MaverickD

Pause for breath.

A very good day indeed.

On the offer at 2p.

A very good chance of getting past that now.

Just IMHO

MaverickD

“ Well you can only tell some people your view and I like you see this an outrageous buying opportunity……fully expect a strong rebound”

I’ve noticed several times that we seem to have the same views on the same stocks. I’m with you on this one now. I didn’t care much for the hype of last week, but the doom and gloom here today makes for a cheap entry. I’m sure the bod didn’t pot in 800k on the toss of a coin, so let’s see what they come up with, after the dust settles. Should be good for 15-20% from here, by the end of the week.

Just IMHO.

Naggle

How many are you selling? I’ll give you mid price.

Ianbeej

“ For those posting that this is good news and all doubt has been removed, if this was the case why do the placing at such a substantial discount, surely if that were true the placing could have been done at market levels and still had appetite from investors?”

Of course it was done at market levels! It’s a huge raise and there was no point in doing half of it. They had to make sure it all got away.

Nomlas

“ Why 4.8p and not above the closing price??

LTH's shafted again!”

The truth is, GGP doesn’t get to demand what the sp should be. They tell the nomad how much cash they want and the nomad sounds out the market. Obviously, there is risk / reward to work out. In this market, they were never going to get top dollar, for such a massive amount.

If they wanted £50m to buy some kit, or whatever, they would have got a better price. Just market forces.

There will be other placings with bigger discounts, for sure. Anyway, GGP is set to hit the big time, quick time, so be happy!

I couldn’t resist that. I’ll probably regret it, but there are other opportunities.

GLA all holders!

Thanks mate!

It’s a mistake. My maths were ok, just doing it on the wrong stock!!

InvestAce

“ Hmmm where did you get the 10% dilution figure fromK3VMC”

Oops! Definitely my bad. I was looking at another stock, which was £4.5m market cap and my poor old brain carried that over to ENET. Really sorry about that!

I still go with my original, and hopefully correct comment, that MMs will have to buy in the stock they are currently selling to bargain hunters.

InvestAce

“Cash raise/dilute not SP raise lol... I'm surprised it was as low as 0.30p though!!”

I’m surprised it was only £600k. Roughly 10% dilution doesn’t justify a 35% sp drop. That makes ZERO sense.

On the face of it, MMs have sold £120k shares more than they bought, so they have to walk the bid up, to get that stock back in.

Sit back and relax.

DividendNomad

For some technical reason, unknown to me, you have to send your email from an AOL account, or it doesn’t reach them. I sent a copy of my passport and a recent utility bill. The new cert came back in about six weeks, I reckon.

Tgtd

“ Good luck there is far more downside risk than upside here!”

Thank you. I’ve sold and taken my profit elsewhere.

If you can get the sp back down again, I may be back.

Nice to see the gang is still here, but they have lost ground since I bought last week.

Must try harder.

:-))

Jimbob198

Really? Maybe you should spam that on another 6 or 7 boards?

Oh, wait…..

Nice video. Shame they spell compliance as “complience” in a large bold font.

Youf of today, I guess.

Tgtd

“ You’re living in the deniel the market never lies!”

True. SP is rising.