Member Info for LtdAxis

I am quoted 0.064 now

It wasn’t me that said that . It hasn’t dropped today …in fact the bid has gone up slightly .

"This sequence of events did not occur as foreseen in the Settlement, however, for in June 2024, the Venice Court of Appeal issued its appeal judgement upholding the 2022 ruling in favour of CL17, with a minor exception of certain items of damages that were judged as awarded on inadequate grounds amounting to €105,412,19 while confirming the award of €6,083,562 (plus interest and inflation adjustments) in damages, along with overall €134,176 in legal fees accrued since the start of legal proceedings. Since, however, the Appeals court’s decision was issued before the trial court’s approval of the Settlement, the terms of the Settlement were not confirmed.

The Company is currently reviewing the situation with its legal team but retains the funds received to date, less the €170,000 payment to the Sipiem Receiver. Discussions are ongoing with all relevant parties to assess the legal and contractual implications of the voided Settlement."

"Not a massive decline on the share price though, considering the foreboding descriptions of the company being branded around today. "

It's lost 50% from a year ago ( ignoring the massive spike to 3.6p about 11 months ago).

Most people are in here hoping for another massive spike based on the assumption of something positive happening. The longer it goes on then the less overall interest and the gradual decline of the share price.

Not much discussion on the mess up with the court case settlement . That's quite important.

All I can see is that yesterday the ask went from 0.066 to 0.07 and the bid from 0.061 to 0.062. It remains the same today.

So it has risen marginally to sell and slightly more to buy

Good RNS here today 👍

No…. But always keep an eye .

Decent oscillate rns just out

£1.23 million based on current share price. Current value of investments excluding Aeristech,weshop, MODE ( R8) and CDT around £1.77 m

"On 9 April 2024, subsequent to the year ended 31 December 2023, the bank, the subsidiary of the company, entered into a contingent commitment representing the group, to pay up to £1.41 million on behalf of an external party, R8,to a third party (Ey LLP). The banks obligation to pay only arises if R8 fails to fulfil its payment obligations. The actual amount payable by the bank would depend on the progress and completion of the RTO referred in the strategic report. Payment would be due at the end of the project, expected in the third quarter of 2024, or at an earlier point if the RTO is aborted."

It's not been aborted.

Whats your tipple been this evening Jimmy? 😂

0.35 to buy now

Up 15%

🧐

Going well today....although its not a large investment

A few people will be kicking themselves for selling early doors! I was yesterday when a buy order was triggered at 0.4.

Reduced holding. Which would explain why you can buy in at 0.066 now

Yes..it's now already comfortably at year highs ( and 4 x year lows)

MWE flying today ( 45p...was 33p not so long ago.)

ENSI also looks poised for a move north and US broker appointed today.

1 x £23 sell trade in 3 hrs says it all really.

To be slightly more positive. MWI, FIN and ENSI all up this morning.

SKL is in profit now at 47p ( 37p original buy in)

I'm toying with buying back in

I've said it many times Fleccy 👍