Member Info for KNIGELK

I am not saying a company cannot buy assets and in time be worth billions (it's rare). However usually debt or share issues are necessary and there are risks (if carry significant debt etc). Again just teasing from the holders - no answers or debate. Btw I am not a troll. Google the word. A troll is not someone with a different opinion or a non holder. A troll "makes offensive, personal or provocative comments". Maybe most have been guilty of this occasionally, so are we all trolls? Enjoy your day all.

Sorry but if you keep repeating the same comments again and again and again - and quote possible NAV 20x higher than current share price - I call that ramping... of course you wish to "support" your investment - but NO shareholder appears to wish to DEBATE do they? Sammy C - name the companies then? All I am asking is "how do you get to US$2 billion NAV without issuing shares or debt?". Dilution is coming here at some point imho - oh, and there's an army of shareholders ready and waiting... the "team" has had over three years to prepare any deals - so why wait- get them out - lets see what's so unique about Whetstone - then I might buy ok?

Been here 2-3 years... unlike YOU I am open minded... I am pleased shareholders have their free shares.. some see no downside... others see no upside... daft positions imho (real news is needed not wishful thinking imho)

BTW how does this happen? Do they borrow US$ 2 billion and the asset is worth US$ 4 billion? Do they borrow US$ 500 million and the asset is worth US$ 2.5 billion? Do they borrow zlitch and the asset they are gifted for nothing is worth US$2 billion? As I just said... thinking hats on... some here seem to think Whetstone can buy something for nothing.. that a NAV 20x current share price is around the table.. Quick question - were has it happen with a cash shell before? Name a company... thanks

I do love repeats -- seriously, this must be the 10th time you have copied and pasted that post... can we put out thinking heads on please? Why is Whetstone on Britdaq? Answer: Because no exchange/market would accept their listing - NEX declined... So sorry - surely a deal (or two) need to happen before Whetstone has a better chance of listing on a main market. NO market will accept them while the only asset they have is a small amount of cash (sorry but the fact).... of course a listing can happen... so can a deal.... but we can only talk about the here and now... not various butterfly effects in the near/distant future....

Did you click "strong sell" in error? I don't find finding yes in a future EGM - providing any share issues are not at a sharp discount to the share price at the time - also perhaps ask us "normal" shareholders if we would wish to take part in a placing next time??

To be fair though... it's hard to believe that every single Worthington/Whetstone investor are "sophisticated investors" and of "high net worth".. perhaps most... but surely not all (and no one would fill in a form incorrectly would they?)

We know news is due... most expect a decent update.. most who post here are holders... so lets just wait instead of attacking one another...

It is strange and worrying why the share price continues to fall... perhaps a 1p placing is in the works? Definitely valued at below cash held so company needs to update asap imho

Well news may come any time .. some even suggest today! (elsewhere).. lets wait and see. However, many here will be maxed out - will already have significant exposure - so any share price rise will either depend on a) shares issued at a premium or b) deferred payments or c) NEW investors adding ... imho

We might have a target for fair value here but don't forget two points 1) market makers appear to have a big effect here and 2) there will be profit taking and re-traces. So the share price rarely matches NAV value..

Apologies - it's how I read it ... and of course not everyone will be in profit or will forget easily that they had no access to their funds for over three years. Others wish to move on and focus on Whetstone - I guess not all shareholders are the same and have slightly different experiences/opinions of what has happen here although like Sharegryllis says - this is unique and you will have the option now of getting some/all of your money back - depending on your Worthington book cost. I do detest however the "boom time" comments and "this is gonna soar" because NO ONE KNOWS THE FUTURE - remember guys, it's your opinion - it is not actually a fact (because for a start it has not happen yet).. it really depends on how deals are funded and Britdaq is perhaps not ideal to pass the message on and ensure a significant re-rating - we will see.,.

..well LSE is probably 80% pump & dump posters with the minority holding long term or considering taking a position with CLP (or any other share).. so debate is not the usual here (tbh)! As for the first creditor - I guess there was no debate because most of us know/agree of the significance of this fact and how much CLP will benefit...? Re the shareholding.. will have to think about this (did they sell the shares immediately?).. but I know I had to contact a company were my holding was over 3% for TR1 notification and ask for the form - then email it back - then confirm when I went back below 3% - you would presume all +3% shareholders would act the same way!?

Well GumT may have made �200k trading Worthington because there were wild swings... I just don't believe most who somehow always buy at the bottom and sell at the top - because it's hard to always know when to sell (greed etc).. also to buy Whetstone at 5p you would probably already had a Britdaq account although it stayed below 10p for a few days so of course many will be sitting on profits.. It's strange that people love to tell us all how much money they have made BUT never when they lose money.. I am happy to admit (being an active trader) that I have had winners and losers over the years. GL with news here..

...I think he meant today's volume...

Why can't people be honest? How many have made a killing (yet)? Most have not traded until receiving their certificates... a few LTHs acquired shares early BUT I believe most are holding for the long term. So how many have actually sold out to bank a profit - and made a killing? Well? (Wulstan for one...) As for the trolls - what do you expect the shareholders to do? Turn away free gifted shares? Of course they are happy and positive as most a while back thought they had lost the lot so stop attacking them!! What they do with the free shares is up to them. What matters now is what the first deal is - how it is financed - and how easy it will be to complete while on Britda1 - so the ball is in the company's court now! I can totally understand why most will wait for developments...

Sadly most posters see only the extremes here... either everything has been brilliant OR it's been a disaster - the truth lies somewhere in the middle. The positives - this is unique - mirror shares gifted - able to trade - possible deals due soon - shareholders not lost everything - able to buy and average down. The negatives - Worthington suspended and in liquidation - share price was at 78p (Whetstone 28p) - locked out for over three years - TI apparent reason. So there you go - something is better than nothing imho. As for the best ever gesture ... lol who knows. Many companies have done stock splits - demergers - special dividends - so shareholders on other shares have had windfalls over the years - but agree this gesture was unique - although remember they did not just do it to benefit small shareholders.. they will want something out of this too..

Why do you think they went to all that trouble? Maybe because it was the right thing to do... (don't it also provides a) a way for backers to make money selling shares b) a pool of shareholders for possible future fund raisings and c) an ability to be noticed!).. other reasons? Agree though that for shareholders - the wait has been worth it...

It's a mystery... perhaps TI action was involved? Re 1p prediction - it's always best to admit when you are wrong... the speed of events here have been slow but no one can say that the boxes have not been ticked off one by one... so fair play to the team.. tbh can't see much share price movement until the first deal but who knows - enjoy the weekend..

Perhaps google the word "ramping" GS. If I said the share price - at the moment - is overvalued due to the excessive premium to actual NAV - is that deramping or trolling? (Yes..) So if someone quotes historic figures on another company to justify stating a target of up to �6 (30 times current value!!!!) I would call that ramping - end of - because the terms of any deals may have changed after so long... Once a deal or two are in place - that's the time to give out share price predictions... remember some of the deals have performed better than expected .. I would therefore presume they may cost more to acquire... I will be happy to be proven wrong. Good night.