Member Info for katstrangler

First offer, even if BoD are 'minded' to accept it, doesn't really depend on them. ii's will make the decision as to acceptable price.

i fancy 40p to guarantee it (only based on Sidara's desire to own it).

Get the BoD to validate the numbers and maybe even put a ticker on their own site, plus print onto X and whichever social media they prefer and all would be well.

noone's going to believe an anonymous poster 'extrapolating' as proof of numbers.

but if it comforts you...

Are now pooping, hard, watching their profits disappear.

gla.

I think everyone got the message, last week, that the sp was sliding but it didn't stop endless verbal onanism about how th company was going bust so maybe let the holders enjoy the rise and giving something back to the shorters!

🤣

I doubt it'll get so close without confirmation but can see 28 being hit in time.

The first shorter to close will trigger a nice bump, hopefully.

but it seems that 21 will be passed soon (even though thee seems to be a concerted effort to muddy the water with fake advertised spread.

But, also, that means they've lost near 95% of their value since then... and, in spite of being 'up' 4700% are still only sorth £40k.

what it tells me is that estimating the value of assets is nigh impossible and until there are verifiable published numbers for ALL aspects of their assets, it's impossible to even guestimate a 'fair' price for the share... at least, until the next update. and, without guidance between now and then, itll mean it's a bit of a coin toss as to which way the news goes.

Name one company with as many fingers in as many pies that has the scope that WG has, even with the sp at20p.

as if Sidara are going to start looking all over again and watch someone else come in and snatch this out of their fingers!

That makes 100million COAL tokens worth £40k. WE'RE RIIIIIICH!

Imagine that... picking the company for up to 50p and still having £800illion to spend tailoring it to suit and... and still having all the assets you bought for 35-50p/p/s and could get a substantial return on selling off what is no longer needed to add to your discount!

why on earth would you ask one, solitary and anonymous poster on this little bb when there must be hundreds of professional investors and advisors musing over the context of this company and its assets.

that's like asking a squirrel what they think of the chances of ****nal taking the premiereship!

It's moved just over 2%. christ, is that what is going to make everyone rich???

WG isn't going to just go bust. it's not Woolworths, ffs!

the bb is toxic for being a closed bubble of rumour that is like being trapped in a small cupboard in a very large building. it's amazing how trades by retailers can actually move the sp for the ii's to take advantage of.

averaging trading is about 20mill per day. 10 mill are sells. i reckon most of the trades are the same 2% of shares being churned over and over again, probably by pi's panicking and then rebuying.

the company will survive. not only that, it's got every chance of recovering. there just aren't comparable companies out there. 35p is a pish take offer... but still 60% up on current price. not that the news will leak, but i figure there's every chance of a better price to come. whether it's from ii's rejecting the offer and arranging the funding while removing elements of the BoD or from an improved offer, i'm frankly amazed the sp is where it is.

also astonished that holders are renting out their shares to trash their own position, unless they also shorted on the transaction.

either way, i suppose there'll be talk of shorts being squeezed, followed by another final drop followed by some rumour and, with the right hint, the sp moving back up.

watch how the bb bubble changes sentiment with the smallest hint of better times.

As an 'eff you' for having lost money here.

of course, it could go to 15p but it could also go to 35p!

if any of the posters here were Sidara or WG BoD i'd probably worry more about their opinions. but, if this was going down the toilet, why would it even hold 20p?

Why wouldn't one of the ii's just be selling much harder, having shorted it, even on an sb? and who's buying the shares being sold now?

there comes a point where bb's and the opinions expressed are just fantasy, based on the particular grudge or hope of the poster. little bearing on the facts as new facts aren't known, nor will be, until a new statement is made.

happy bh, all!

Aerry, i wouldn't bother expecting a civil answer with him. and, if you've got that average then you're fine to just hold on. i just can't see the sp heading to 1p (though i can see 1.2 but, if that's the bid then it'll still probably be just under 1.3 to buy).

i don't imagine for a moment that you'll want out completely and, at this price, i suspect it's already a bit late to be selling to look for a lower entry for more shares.

all comes down to how much spare cash one has... if i had limitless cash i'd buy larger sums with every 15% drop (but if i had limitless sums i wouldn't be wasting my time with anything but blue chip).

and the price has dipped so much, at some point (unless it really IS just a big ol' dog share like many others), even dogs have their day.

still can't see better than 2p without some stellar news but

i still half expect a slight dip but bought some last week, just in case the rise starts early. guess we'll see what happens from tuesday.

gl with your plans.

It's be a fair point, except for the fact that companies' net assets are rarely reflected in sp. only have to look at other rns' about net assets growth to see it rarely moves the sp.

plus, i'm not holding much store by Semnet's value, for previous stated reasons. i even wondered if Semnet haven't merely been given wider contracts to supply their services to GST, including a couple of servers for their needs! that'd be a shocker, eh!

Aside from pi's panicking each other and literal fisticuffs on here, the quicker the belief that there's confidence that the deal is going to go through then we'll start seeing talk of possible rival buyers.

the talk here makes it sound like this is some piddling microcap company, with no history.

there was good reason for sidara wanting in before. notwithstanding the sp and the significant errors in accounting, i just imagine RR during covid and where it is now.

While i'll be happy to take 35p+ ill be even happier if there's rumblings of another company seeing the potential of the company, with new management, being an absolute bargain.

as a private company, the money needed for debt is just a by-product of salvaging the company and something that is more easily done without having to answer to investors.

Thankfully, Aud, my holding in this and the lowering average of my holding prevents me from taking umbrage at the insult.

But if folk are looking for another 9-fold increase in revenue and (now) profitability then x9 would mean £20million revenue and if they can't have made at least £3million in profit (again, x9) then, with all this added revenue a bought client base, what exactly would good numbers be?

no good just saying 'better' as it needs to be better than... what?

as for Semnet, i suspect it's just a wee bit bogus as i don't seriously believe their cyber profits will be big, in spite of the 'amazing' $36mill deal several months after buying it when the previous declared profits were £250k from £4million revenue. there's too little transparency on their dealings to have significant confidence in them... which is a revision of how i felt during the ramped run into December last year.

I'm not even sure anymore where the bottom is but i still plan to buy on any further drops, if they happen. But only on the basis that at least it's now a know volatile share so victim of ramp crews so, as soon as the bottom is hit i don't doubt that it'll get picked for a revival of Nasdaq/cyber/crypto/pillars/bake/Wellesly/HongKong superlatives that pushes the sp higher but, does it now break 2p or not just on ramps? And will July's results get any clues beforehand to prime holders to get back into their [10p by Christmas' mantra?

but, no, don't feel idiotic, at all... not with the sp down at 1.3.

They surely can''t short themselves into profit on this so have to deal, as per retailers, on what is the best solution.

Sidara, having walked away once must at least be thinking 'if we'd bought at 230p we'd still have the same issues but we're getting them at 12p in the £ now' so would they make more money by buying it as sole interested party and breaking it up themselves rather than waiting for possible liquidation and having other companies looking?

very few interested parties could come in at this point, without some substantial understanding of the company so how cheap does the company have to get before resolving it themselves becomes the right choice (beyond a fait accompli, if Sidara decided to live without them) and just how feasible is it that the ii's who have sunk significant funds into this at much higher prices would add to salvage the company and steer it back to a reasonable sp over coming years?