Member Info for Lowrisktrader

Think that is overly pessimistic Rifleman. The sums needed to get this project going are a fraction of the possible and likely revenues. I am presuming that right now work is going on setting up operations in DRC through existing funds while they finalise extra funding. Would be surprised if they need much more than £2 million to get operations started by 1st July as stated in RNS and I have reasonable confidence this will be achieved without dilution and without burdening the company with big interest payments on debt

I think one thing that is not being commented on is that the seed investors are all out of their locked in period and are showing no interest in selling. This should be a base for the shares.

Closing price ( Mid).. on Friday 31st May. No prizes,.. no charity donations,.. just 'bragging' rights for then next month. If you fancy having a go, add your punt,..(say 0.1 incrementations to keep it sensible)... cut and re-paste for the next guy/gal.

___

4.0p MikeGP

4.1p MasterBaker

4.2p Ian.B

4.3p Malcolm

3.8 PS

3.7p HHA

2.7p AH

3.1p HAH

2 SFU

Can you copy and paste article? It is subscription only

Closing price ( Mid).. on Friday 31st May. No prizes,.. no charity donations,.. just 'bragging' rights for then next month. If you fancy having a go, add your punt,..(say 0.1 incrementations to keep it sensible)... cut and re-paste for the next guy/gal.

___

4.0p MikeGP

4.1p MasterBaker

4.2p Ian.B

4.3p Malcolm

4..00 PS

3.7p HHA

2.7p AH

3.1p HAH

2 SFU

I like your enthusiasm!! Just a word of warning. That is £100 million over 10 years and is turnover , not profit. But yes. Share price not reflecting this deal at all!! If funding is clarified in a way the market likes I expect a re-rate.

Agree . Look what people should be focussed on is that this company is now going to properly profitable . If there is £10 million coming in From DRC airports in 12 months I would be surprised if costs are much more than £5 - £7 million. WSG to my knowledge have never been properly profitable and being so will be a game changer as to how they are viewed . So by all means carry on your negativity about Fowler but watch others profit from the turn around.

I'm guessing that 4 million trade was a sale. I reckon it got worked through with the buys coming in.

One has to choose the right moment to invest. It looks like they are getting things right now. Not promising £1 but there is genuine promise here of sp recovery. Crucially the contract was signed publicly and is in US dollars . No back room deals. I know that representatives of UK Export Finance were at the signing. Government backing always takes time but looks like it could be on the table. The company has managed finances well recently with £.85 million in the bank and so it can start the process of getting the infrastructure in place right away.

Back on topic . Yes - the news was excellent and the future looks very positive. The clincher for me is that all fees paid come from the airlines straight to Wsg bottom line . So they won’t be hanging on for payments from some drc bank . Add in the possibility of cargo charging and domestic flights the £10 million per annum looks conservative.

Another libellous post .

Note to misty;

I have reported your message to Peter Fowler. "Peter is a liar and this will end in tears but you can still make money on the way."

Disgraceful thing to say and I suspect you will regret putting it in print.

Just no interest in NEO at the moment. literally nobody interested and a few people bailing at record lows.

Aiming High; Some sort of personality disorder ? Last post said; "For my sins I’ve added post the RNS and am (already) massively overexposed. But after being wrong for a decade I’m also hopeful." And now you are de-ramping. do you need a shrink?

I'm pretty sure that 4p is nailed on tomorrow. bed wetters sold today with the retrace. News is so close.

Brilliant

I do not understand this weakness. All major shareholders topping above current price . My only explanation is people locking in losses before end of tax year.

Correct me if I'm wrong. Most of the investment was at 0.75% - over £4 million. The seed investors at 0.2267 ( same people ) was first £367K. So spinning this is if all original investors are sitting on massive profit is not correct.

From prospectus ; A subscription and placing will occur in several rounds: at an effective price of 0.2267p per share for the first round of subscriptions, at 0.75p per share for the second round of subscriptions and at 1.25p for the placing. Completion of the placing is conditional only on admission, and irrevocable commitments, conditional upon admission, have been received for an aggregate of approximately £4.9m (gross of expenses), comprising subscription (first round) commitments of £367,500; subscription (second round) commitments of £4,328,625; and placing commitments of £161,500. Of the total net subscription and placing commitments of approximately £4.4m, approximately £1.3m will be allocated to the Company upon re-admission, and the remainder (being approximately £3.1m) shall be paid, and a corresponding amount of shares issued, within 13 months of the date of this Prospectus. For the avoidance of doubt, the acquisition and re- admission contemplated by this Prospectus will not occur in the absence of the placing contemplated by this Prospectus.

Seems NEO have a lot of work to do to get investors interested- pretty decent RNS today and four trades!

How about understanding what is being talked about here!? The only new bit is the warrants at 10p; keep up! No SP crash!