As ever, it's interesting to compare the puff & bluster of the bulletin board dreamers with the actual reality of the price and its movement upon relist. As is generally the case, the eternal optimists have missed the mark by a country mile. We're back on to 'jam tomorrow' stuff now I see. It's almost as though they don't really understand what they're on about...
"Extension of Longstop Date"
Well, it wouldn't be Challenger if they actually managed to close a deal on time.
Wow, so he has. Two or three years too late, but there we are. It's a packed field, but I think StarSanctum has to take the top spot in his 'greatest hits'.
I'd completely forgotten about this pup, until I saw the shares on one of my dealing accounts and realised that it was still suspended. It would be impossible for any new venture to make more of a hash of things than the CEO did here, so good luck to them; it's the most consistently useless performance I've ever seen from one supposedly senior individual. Looking forward to the relist, when I can finally dump this once and for all.
Wow, some coherent discussion on the CHAL board. I genuinely had double check that I hadn't opened a different board by accident.
The CEO has failed to execute a single successful project throughout his time here, so I have significant doubts about his ability to find a suitable RTO candidate before the company's ever-dwindling cash pile runs out. Time will tell anyway. One of us will be right!
There is a book's worth of reasons why one might be negative about this company, but I haven't the inclination to write it (nor I imagine, does anyone else to read it).
I think we're all agreed that this company has nothing to do with wheels or indeed any other kind of project any more. It's now a zombie company running on fumes. They'll either manage to find a RTO candidate before the music stops, or it's game over. If the results are any guide, it's almost out of cash now. It's a punt, as we all acknowledge.
What irritates me is the kind of rampy rubbish which gets thrown around on shares like this, which is clearly designed to fool the gullible. All this 'can't buy a single share' drivel is easily disproven by putting through a dummy trade. You can buy as many as you want - tens upon tens of thousands of shares at any time. There's nothing wrong with saying 'I'm trading this dog share as a punt'; just cut out all the lies.
Lol, you can buy as many as you like. As always. One thing this company isn’t short of is shares in issue.
People say stuff like that a lot on Twitter, to create the impression of demand.
Iain, you haven't posted here in months! Good to see you're still clinging on.
Exactly that. Nothing at all wrong with admitting that this is a punt. With casinos currently closed, it's the next best thing.
Based on the burst of Twitter activity it seems like the pump squad is having another go at getting this going. The last attempt was only a week and a half ago. Not difficult to tell which of them has shares to sell from last week's spike.
Why do you think that the market cap is so low? It's because everything that this company has ever attempted has failed. That isn't an exaggeration for effect - literally all of its projects have failed. A wild RTO punt is all that remains it seems.
Yes, that made me laugh as well. Stretching optimism to its very limits. No one could possibly be pleased to deliver (or indeed read) such a shoddy set of results.
'The remaining balance of US$25,000 is still outstanding and being pursued by the Company.'
I knew it. Exactly as I've been saying for months now. They've been stiffed on the last payment and presumably don't have the means to chase it through the courts. What an embarrassment.
That might be the worst set of results I've ever seen from any company. 'Final results' is an apt title, as I can't see this dog being around when the next set is due.
Some people learned some tough lessons yesterday by the looks of it. They're now either sitting on a big loss, or trapped in a worthless share.
Welcome to our new LTHs, who got spiked in to this yesterday and are now trapped here. You're in for a wild ride.
Limp finish to the day. Hardly surprising given that the ramp was based on thin air.
Yes and since that time, every single project or investment the company had has failed and it's sold all of its viable assets. The company's consistent record of failure is why the share price is now where it is.
Pump squad has moved on to other ramps already, it seems. This just two days after one of them referred to it as, and I quote, 'the safest of investments'.
Dearie me.