Member Info for Lottohopes

Okenia: I've only been investing for two years now, so still lots to learn. Initially I was scatter brained and put small amounts in several companies. As time has gone by, I realise the point you make: better to focus on few companies and do a thorough job of it. Hopefully if this clicks, no more rainbows to chase :-)

Lol you lazy? No chance! I read a few of your tweets occasionally (I m not on any social media but I can see how informative it is) you always do your research, I regret not getting into ggp, but hey it's the eternal dilemma: spread wide or focus on few stocks....

Cash: the RTO clock started ticking on 14th Dec 2016 as per recent RNS, so my guess would be Wednesday 14th June 2017. If that's the case, we have only 3 more trading days before suspension. Exciting month ahead i.e. July. Good luck all

Did anyone else get the impression the suspension will be just a short time i.e. 2-4 weeks from the proactive article?

Okenia: makes complete sense. Otherwise a raise of 6 million would be 300 million plus shares. It's made things even more cheerful knowing dilution hasn't got a necessary minimum level. Good luck all

Cash: the money raised has no context unless the amount of dilution is mentioned, and also DL has described trying to get stakes in projects at compelling valuations. In other words, we may pay say 2 million to get 35% in a distressed asset, but it's value may be much higher. The market may (or may not) attribute this additional value to our market cap. So there are far too many variables to decide on market cap presently. Sentiment is a big one anyways, and given we are on the cusp of suspension, election week, fed rate decision etc there's an element of uncertainty anyways (that's just my humble opinion)

Morning all...last full week before suspension, and what an eventful week with elections ahead. Cash: no idea on capital raise, sheer guess would be 10 million initially

Okenia: completely agree. The drop was ridiculously overdone. It should go back to its old range now...

Just realised, only 8 trading days to suspension. Should be very interesting.

It's a dilemma as ever for those getting in now. Knowing it's going to be suspended: will there be a further crash due to an exodus, leading up to June 14. I m hopeful the announcement of some news may stem that. And indeed reverse the trend ie a rush of people buying before the suspension, knowing there's news coming. Lol otherwise, I might just top up if it drops significantly below 2p.

Hi Del, yes movement on very small volume. I wonder if it means they have run out of shares sold by panicky investors?

Of course having invested heavily and carrrying any perceived risks here, I would be an utter fool if I sold when the plan starts taking off. So a bit of top slicing near 10p is what I intend to do. Here for long term plans.

Del: at 10p I chop half my mortgage off....hope it happens in next 6 months

Thank you Okenia, just what I thought. So the meeting arranged on 16th June may have these items to be approved, then re-list on main segment few weeks into suspension, then obtain assets shortly I suppose

Phew relief! I thought you had cleared out Del :-)

I heard one or two key messages in that interview, short as it was. As Levi mentioned, that he has been doing the background research and diligence over the last year, even as he was looking for a suitable shell vehicle. Secondly, he acknowledges the conundrum faced by investors: how can we invest in a company without knowing the assets. Patience needed. It's a fund.

Okenia: just wondered, the listing on the main market can be done BEFORE acquiring the actual asset/s, but after capital/share raise, am I correct?

Thanks Okenia...Not bad my guesstimate of 4-6 weeks from last week. I reckon news of some progress will create a small recovery. It's not pretty looking at 30-40% paper losses, but in hindsight, these prices may end up bargains.....good luck all

Chaz: honestly not fussed, who leaves and who enters, I merely mentioned it as my route in. Luck and timing. It matters big time. It's impossible to sift through hundreds of opportunities and decide which to choose. I always do my own reading and trust my own instincts, as I m certain most folks here. Good luck all

I was directed here by Screech, when it was a PJ asset, so complete fluke for me too! Screech appears to have disappeared, has she sold following recent news?