Member Info for Kwota

We know nothing more than the last update last year....so surely the property should have been sold by now and we should at least get an update on the hydroponics. I did get an email a few weeks back to say there should be some sort of update soon.....Come next week I will be chasing them up on that update. Any whiff of some development on the hydroponics side and this should fly. With a £400k MC it can quickly move to around £2M MC which is a five bagger from here. My average now sitting at 0.17 after yesterday buys.

It does however look that there is a seller. Every time a few buys goes through it is used to offset a sizeable sell...same yesterday.

1st 3 were buys....they were mine. Sitting on 18m shares now. I'm either very brave or bloody stupid. Time will tell!!!!!

So once the stock has ceased trading are you going to come back to this message board to see if anybody is gloating i.e. them receiving 3-5p per share? Don't think so....so I would say nobody would care what is paid out once Friday comes..

This is not new news and known to the market for weeks....as such the price and value of the company!

It is now Tuesday and effectively 3 trading days left (incl. today). I wonder if the company will provide some further news on the fund left over for distribution to shareholders before it gets suspended.

The one thing I would say is that the trading pattern is a bit weird....A lot of small trades going through at once. The only other time I saw that was when IBPO was delisting recently. But then IBPO wasn't in effect a cash shell wanting to close down and distribute cash to shareholders......

A bit of trading going on now around the 0.35 mark, but not sure if that is buys or sells....

Is it realistic to expect that the BOD need to make some sort of announcement to say what money will be left to dispense amongst share holders before it gets suspended.....or will it be after?

I do. But the only value in these shares now is the potential return of £2-£5m to shareholders (what ever is left once everything is paid for). Purplebricks the actual company it was before has been sold and has nothing to do with this company anymore....

You do understand that what you are referring to as Purplebricks is not this company anymore?

As far as I'm aware the deal has already been done, on Friday

So, I've had some feedback from the company.

''Unfortunately, for reasons of confidentiality, it is not possible to make any comment at the moment, however it is expected that an announcement of interest to all shareholders will be made shortly.''

Make of it what you want......but hopefully something on it's way....

Just find it weird that if Lecram is interested surely the difference between making a 0.5 or 1p offer is pennies for them. It's wort what, another £2m. The real money would be in cash flowing the company once the take over has taken place, which would be a lot more than offering another 0.5p per share. And for them to have made an offer in the first place they must have had the cash flow facility in place or otherwise they wouldn't have offered....

Or am I totally looking at this the wrong way?

James, I think you got your figures wrong there.....definitely traded a lot more than 11m today

Happy for it to creep up, as I took a position at 0.75....hoping for a bounce.

It's almost like every trade is sending it higher at the moment.....

Not if the £5.5m is distributed back to shareholders. That is twice current market cap.

I think they are long gone.

Those TR1's are from April and they've had loads of time since then to sell out...

I was expecting it to drop after the news of the cancellation vote today (although we all knew it was going to happen), as the MM's like taking advantage of these kind of situations. But it didn't......not sure now where it will go.

Exactly....so weird. Why appoint someone to look after investors relations when you are not staying on the market and the main shareholder owns 85% of the company?

Something fishy going on me thinks....but not going into conspiracy theory mode just yet :)