Member Info for K3VMC

I sold the last of my holding atround 14p, when btc was around $21k, so it looks to be a decent buy at 12.45p - 12.65p, with btc 50% higher.

Trading above the 20dma for the past eight days and looks like crossing the 50dmathis week, or early next week, so leading Iup to the famous golden cross.

RSI has risen from 30 at the beginning of April to 45 now and trending towards 50.

Looking good to go, imho.

Sorry Victorcobra. 25p puts me in the Seychelles.

Added at 6.19p. Under 5k, but it get my average down to 10p

Any decent news here can get us to 10p, fairly quickly.

SpArmada

“ Directors bought when someone pointed out the low bar of their LTIP”

Yes. They bought shortly after a post criticising the LTIP. That wasn’t even a good reason for them to buy, never mind the real reason. As a complete stab in the dark, I would say that they knew the sp is about to recover, big time.

Zak reads the chart the same as me, surprisingly!

8p next target.

RSI up to 50, crossed the 20dma, 50dma and has gapped up twice.

Directors all bought last month, before any indication that this drill will succeed, obviously.

All we need now, is a tiny bit of news.

There will be a RNS on drill success very soon imho. Or lack of it, of course.

I should have dumped these for a massive tax loss for 2022/3.

Too late now, so I will hold until we get some form of words in an RNS.

No comms, no PR. Not good enough.

PAUL1DEANO

“ That is a very short exert with much of the context missing.”

Agreed. I don’t have the original, but I have seen it and there was significantly more braggadocio than in the shortened clip. If you have the original, please share it.

'They ALREADY tried to invade all of Ukraine and ALREADY crossed the Dnieper.'

“Yes at the start they made a feint on Donetsk and they are closing off the Black Sea to Ukraine and are pushing through to the Russian part of Moldova.”

I’m telling you they tried to encircle Kyiv and occupied Irpin and Bucha long enough to commit heinous war crimes that have been filmed and documented. No feint. They invaded and got their comeuppance after mutilating and murdering civilians. The second best army in the world was a disorganised, vodka fuelled rabble of degenerates and they are now being justly and systematically reduced..

“Odesa not being in Ukraine and under Russian control is problematical and certainly a line the Russians would be wise not to cross, we wait and see.”

Odesa is a part of Ukraine.

PAUL1DEANO

“ 'The move has escalated fears among Western nations about a Russian invasion of Ukraine.'”

Perhaps you missed the march on Kyiv that was stopped in its tracks my heroic Ukranian resistance? Or the Russian atrocities in Bucha? The massacres in Izeum? The repulsed attacks on Kharkiv? Indiscriminate shelling of civilians and civilian infrastructure throughout the whole of Ukraine, even up to the borders with Poland?

They ALREADY tried to invade all of Ukraine and ALREADY crossed the Dnieper. What stopped them was bloody resistance from Ukraine, supported in no small measure by HMG.

The second most powerful army in the world got stuffed, and will continue getting stuffed until they depose Putin, go home and start paying reparations.

All IMHO, of course.

PAUL1DEANO

“ You believe Putin wants to impose some draconian ideology on our 'Western Values' and Ukraine is the starting point and if we don't stop him the rest of Europe will fall like dominos ?”

It’s very clear what President Putin wants. Perhaps you should hear it from the man himself?

https://youtu.be/N2sfJjl7_Zk

Described by my broker as a s h 1 t show.

Let’s move back up.

:-))

I can sell 1.5m at 1.9p.

Happy holding.

Tonlin

I just had to top up your recs to 50. You deserved it and we both deserve a result here, to make up for the debacle elsewhere.

:-))

asi

“ In this instance the scheme of arrangement is with regards to the acquisition, changes to the structure of the business and the conversion of shares to DCU's which also involves a change to the rights of shareholders. These need court approval after confirmatory approval from the shareholder vote.”

Ok. That makes sense to me now. The scheme of arrangement to release cash for the special dividend, that was conveniently not paid, is over. Done and dusted.

A new scheme of arrangement would have to be approved by a court, because investors rights are being subverted, or “changed” as the bid would prefer to call it.

asi

“ Because it involves a 'scheme of arrangement' so it needs to be ratified by a court.”

The scheme of arrangement was for a reduction of capital, which the board said they would return to shareholders. After that was granted, and the bid decided not to honour the return, the cash is now released

Is that not the end of the court’s involvement? Genuine question.

Upped their stake to 1.08% today with another 1.6m shares. It seems they see some value here.

asimpleinvestor

“ Not according to the information contained wi9thin the offer. It says there that the BoD will be removed.”

Does it explicitly stated that none of the current board will ever serve in future? In the alternative, does it state that they will never be hired by Prax in other capacities
.