Member Info for KNIGELK

One may wonder why they do not make a takeover offer for the company - I read over another BB that if the warrants are exercised they will own 49.9% of the share issue! Perhaps they are trying to force the share price lower and are the ones making the big buys to make an offer in the near future???

Final point - when the warrants are exercised presuming share price hits 40p the conversion price is again 15.2p! I know which company I think has the better deal here.... still any drop may provide an opportunity to buy/add .. be interesting to see how the share price/market reacts GLA

It was the price when the talks started.. my point is that recently the share price has increased back to 30p and any decent management would not have signed on the dotted line agreeing to this conversion price without renegotiating a better deal imho but then when have shareholders ever come first?

Well I guess we shall have to get use to these conversion RNSs... will hold the share price back for a while as these type of arrangements usually have this effect - look elsewhere GLA

The partnership looks great but look at the small print "· Subject to Crawshaw shareholder and Takeover Panel approvals, Invest Co 1 Limited, a vehicle 100% controlled by Boparan Private Office ("BPO"), and Stephen Henderson, chief financial officer of BPO, are expected to acquire an aggregate of 33,794,490 new shares in the Group ("Ordinary Shares") for £5.1m, representing a 29.9% stake in Crawshaw (the "Initial Investment"). Invest Co 1 Limited will hold 33,594,490 Ordinary Shares and Stephen Henderson will hold 200,000 Ordinary Shares. These investments reflect a price per Ordinary Share of 15.2p (the "Issue Price"), being the market price of the Company as the partnership with 2 Sisters was being structured." Yes.. 15.2p!!!! Half the current share price - couldn't the company have managed to tell them that the share price had increased so the terms should be improved? Also LFL improving but still -4.5% in first 10 weeks of new year - although obviously the retail sector is having a tough time. So pros and cons here imho so not adding yet...

Nice positive day ... I wonder what's attracted new interest today? We do know news is way overdue so maybe some acquiring a stake before a decent RNS (I hope) GLA

82p look way OTT unless they know something the rest of us do not. At least TW appears to have taken a step back from the limelight (maybe forced to) and his website is less active so AVO and other companies should get less (negative) attention going forward. The director buy is good news though and personally tempted to add back at touch GLA

COME on Jilson - YOU can seeee the big trades today THIS is GONNA BLOOWW!!! :-))))))))) pmsl

There has been news ie. £ 70,000.00 contract (!). While still loss making I personally cannot understand the sudden interest and rise although not dishing it - trading the share as per usual. Sharp movement towards 1p will take something mega - small contracts will not do it gl (btw always nice to see several shares in ones portfolio performing well IOF-PIP-BIOM today so hope all have other investments performing well)

Welcome! Very happy with update and market reaction. GL

Well the trading update is quite positive - understand points below - plenty of companies have placings which only seen to be for paying director salaries.. but at least this company has products/revenue and potential ... and usually shareholders are happy if they see a gradual share price rise - which I think is/will happen here

Leslie "guess the real price of MIN shares when news comes? 5p? 10p? 20p? Higher? Lower?" :-)

My shrink would probably tell me I am wasting her time if I started droning on about how my shares have been performing poorly and that I need advice on how to improve Fitbugs' performance...

Most small companies raise cash on and off. It's when they do it and at what price/discount that matters. Eg. If the share price continues to ruse but then a placing is made at 0.10p I would be livid. All that hard work re gradual share price rise ended in a day. Rather they hang on and actually try to get a placing at a premium or near current share price for once and actually ask current shareholders to take part first!

Yes - interesting article and amazed no one is posting here considering the rise today. Held this share on and off over the years (it had another name 5+ years ago).. might be time to get back in as this COULD be a real money spinner!

Do you not have an exit price? The trouble with Fitbug is that it's hard to place a fair value on it. It will need quite a few similar size contracts just to break even and company has said it will need more funds and Lths like Harry now realise s/t trading has been the only way to make money here recently. Look at the 1-2 year charts...

OK - no idea why the share price continues to rise on a mere £70000 contract but got back in for a short term trade early today - get over 0.22p and back out - this is how I am treating the share from now on .. especially as the higher this goes the more likely the company will hit the placing button GLA

I guess if a small gbp 70,000 contract can cause a 50% rise you can only wonder what a large contract may do. Newbies please read the latest accounts first - this is high risk/reward and company will want more funds at some point...oh, and the fact 5-10 new posters have appeared suggest group action imho. Still always been a good trading share 😍

I did get the winner but did not put much on him (as did 5-6 horses). Also got 5th place but not paid out as in-shop! (lesson learnt).. maybe some more news here later this month? GL

Thanks - IF the company can get these contracts RNS on a regular basis - even for small amounts - it would prove 2B2 is the right move and that the company may have turned a corner.. also might warrant a higher share price.. we definitely do not want yet another placing at this low level - how about loan notes or even director loans for a while instead? New performance targets with options exercised at a higher price (say 0.5p) might also be worth considering to motivate the team.. as shareholders we should be helpful and supportive and not unable to have a moan about past performance - lets hope this year is the turn point. (and thank you for your Fevertree rec a while back - what a share!)