Member Info for LordSnooty

Are there any rules on the CSE about having to make an offer for the company if single entity and consort party together own over a certain percentage of that company? On AIM I believe it is 30%.

over on the Twit implying new information? Or are we seeing a warming over in the microwave of old chips on the Yooya/Factom plate?

Watch closely how the MMs play today, particularly towards Friday close, when in the absence of anticipated news they normally sllow the bid to weaken. That will give an indication as to what they are expecting next week.

still 187,500 available at 10.3p with IG, so just more MM machinations.

in the FFWD sky suddenly....

there's another 50k sell just gone through, so perhaps someone else is selling too?

cumbrian lad - good of you to inform the board. I only hope your selling, now finished, will not prove contagious.

of the clockwork key last week, coiling the spring even tighter. Which news will be the catalyst for a long-awaited move up?

over trivial matters are a feature of many boards. Who, reading this nonsense day after day, is motivated to buy?

has smacked our bottoms again, I see. Someone really doesn't want us to move out of this range before news. I wonder why?

if this continues to the close, this will be our third blue day since February 8th.

Squid's day?

It's an impossible question to answer. What we can say is that the stock, without market maker intervention, is currently extremely illiquid; compare the paucity of trades on Monday, when I believe there was little MM activity, with yesterday, when there was probably both buying and selling by them, judging from the ten-fold volume increase from one day to the next, with nothing apparent to stimulate it. However, nothing happens in isolation, so any day's trades are a different composite of traders - and nobody really knows who is doing what when.

to the usual buys-in-advance-of-sells near the close I see; market makers keeping things steady.

did recent posts go?

Well whatever the figures, it's all theoretical until we get concrete news.

My figures come out slightly differently. We are talking here of a possible IPO of EMMAC. We now own 2.6%, which as you say with a £400m IPO would give a total value of shares to FFWD of £10.4m. According to the FFWD website, there are 161m shares in circulation, another 5m in Treasury, so taking the first figure, I get a per share value of EMMAC at £400m IPO of 6.4p. Happy to be corrected if I'm wrong.

He's a VERY naughty boy!

At £400m, the IPO could add around add5-6p per share to our NAV.

Ah yes, this:
"A medicinal cannabis start-up is eyeing a London float in what could be the first in a wave of listings amid rapid deregulation.
Emmac Life Sciences is believed to be working with broker Canaccord Genuity on a listing that could value it at £400m. Led by Antonio Costanzo, who previously worked at the Toronto-listed cannabis producer Nuuvera, Emmac was set up last year and aims to become Europe’s leading supplier and producer of the drug."
Thanks Robbo, I had forgotten.