Member Info for londondan

At the rate it's dropping this morning, they won't have to wait long for those historic lows to be hit again. Over 5 million shares dumped already and it isn't even 09:00.

Notwithstanding the laughable claim that anyone is 'shorting' this dog, I think most people would have closed their shorts by now anyway, given that the share price has collapsed by 99%+.

Yesterday's spoof seems to have died down again already however. Everyone got their trades in yesterday, while only 'Ironic' still seems to be trapped in here.

A skyscraper! Lol. Well that's certainly a tall tale, I'll give you that.

Placing probably isn't a bad guess actually. How this pos is still going is anyone's guess.

You have to laugh. Smallcapprick and his ramp crew having another go at this, having lost a fortune on previous ramping efforts. Credit where it's due though, this one has worked. 100% rise on a couple of completely inconsequential director buys. Still no news, no revenue and no viable projects.

Another shameless pump & dump. A whole new set of people trapped in this dog. Every time you think you've seen the last P&D here, yet another one comes along to surprise you.

It's been consistently hammered by the CEO's inability to generate a single pound of revenue since the business floated. Not to mention the consistent investments in projects which subsequently fail.

Glad to be able to correct you there Jessie. Hope that helps.

Lol at this dog being pumped on no news, yet again. What a shambles.

https://www.silive.com/news/2018/12/auction-date-for-new-york-wheel-parts-has-been-set.html

"To further cement the demise of the New York Wheel, an auction for the parts of the ill-fated 630-foot tourist attraction has been scheduled."

Not that it matters to Challenger now of course, but worth a read nonetheless.

"The only way to improve is get rid of the CEO, find something worthwhile to invest in and then raise finance on the back of that"

Impossible, as I see it. If I'm not mistaken the CEO is currently taking just £1k a month in salary, because he's destroyed the company's cash position so dramatically. Also, since the Chairman left the CEO has effectively been marking his own homework. Who is left in the business to 'get rid of the CEO'? It's basically a one man band. Even if such a move was possible, who is going to take a full-time CEO job for £1k a month, when they could earn more stacking shelves in Lidl? It's one of several reasons that this company is all but finished.

On a separate note, the board is just an ocean of 'This message has been filtered, please adjust your filters to view' messages for me today, so I assume Jetski has had a busy day...

Indeed it is. There's a bit of a ticking clock here isn't there? Because once the drip-fed handouts from Star Sanctum stop, there's no more money left here. The CEO will either need to demonstrate a meaningful, sustainable plan for the company or it's game over.

I know what my guess would be.

It's always the last resort of desperate, underwater rampers on any board. They think that getting critical or bearish posts removed will enable them to entice others to buy in to the dog they're trapped in. The current sp here is evidence that this approach is somewhat flawed.

Well said Flightman - at least someone understands the situation. The ignorance of some other 'investors' is telling.

Very true TL. Another 5% rise today, seemingly apropos of nothing.

I think the only thing we private investors can do is try to ignore the noise. Nothing has changed regarding my personal investment case here, namely that I think the share is fundamentally worth more than I paid for it. With that being the case I'll continue to hold, irrespective of some of the game-playing which is clearly going on in the background.

"there's talk of a RTO"

Yes, from one of the other Twitter rampers. Those people have never once been right about the direction of this company, so I can only judge the credibility of their claims on past experience.

That said, a reverse takeover is probably the only way to salvage even a shred of value out of this otherwise worthless company. I can't envisage any lender looking at the CEO's record here and saying 'yep, we're bound to get our money back if we lend to these guys'.

The fact that we've now got to the stage where we're saying 'maybe flogging it as an empty shell company is the answer' demonstrates just how much value has been comprehensively destroyed over the last couple of years.

And just like that he's deleted the tweets. Always amuses me when people do that, when screenshots are a thing...

Safe to ignore the Twitter ramp crew I think.

That's certainly an interesting one. That is the character who has been telling blatant lies in increasingly desperate attempts to ramp this - he was the one with a 'source in NY' who had 'confirmed' that everything was fine with the wheel. As we all now know, that was total rubbish.

Given his apparent propensity for telling massive lies, I don't know why we'd believe him this time. However he claims to have 'sold the lot' after speaking with the CEO. Another one bites the dust.

And down she goes again. Welcome to all the new LTH's in CHAL! You'll be delighted with your new investment, I'm sure.

Look at that spread! A new generation of traders locked in to CHAL. I hope they'll pop by to say hello.

One of the last remaining rampers on Twitter recently claimed he was about to pass the 5% threshold and would therefore have to declare his holding. Of course, that was days ago and it hasn't happened. Funny that.

This was however the same character who also claimed that he had a source in NY who had confirmed that the NY Wheel deal had been signed and it was all going ahead, so... yeah.