Member Info for LtdAxis

What's the point of any of your posts JB??

They’re a lot nearer profit than when Csfs was at 6.5p JB !!

But the issue IMHI is the whole portfolio value against the current mcap .

Our CDT holding 5 mins ago was up 168k @£2.68m

The mcap as calculated by the share price times number of shares is circulation £2.07m.

So we are undervalued by around £600k assuming the other investments have zero value .

They do not …they are worth combined at least the same again .

Hence the SP is way under where it should be .

I understand the reasons why it has dropped ( poor communication etc etc) but I am merely saying it’s at a level one might take a reasonably safe punt, albeit still with risk .

Balanced optimism from ‘this level ‘….not blinkered nonsense JB.

Cornerstone is up 500% on year lows .

The market sector has been terrible but my point earlier was that at these levels a good return is highly likely . If you are stuck on a high average that’s a different story .

It only matters in relation to our initial investment and the exercise price of the option .

To be par on our initial investment plus the cost of the option CDT needs to be around $3.5, depending on the exchange rate . We exercised at $5 which was the most shares we could get . A CDT share price if $10 and we’ve trebled our investment . Even at current price it’s worth more than our market cap on its own !

No we didn't...in return for initial investment we have over a million shares in CDT currently worth about £2.5m

The general consensus I got was that many would be pleased to see the back of him . Depends why he resigned so suddenly . In advance of regulatory rejection ? Or knowing a move was afoot to oust him ?

It was 30p, and Cornerstone was 6.5p this last year. TSP has also more than doubled.SKL briefly was in profit but has eased back...but still up 85% on year lows.

Basically it's not great but a lot better than it was 6 months ago. So buying at these levels should in theory bring a good reward.

Not many to be honest but bid at 0.0122 is up 10% on what I could get last week . Cornerstone has just hit year highs again. MWE had a positive RNS this morning and CDT is close to break even on our original investment...and even a modest increase would bring quite considerable profit.

Assuming no shares sold.

Value of original investment (including purchasing option) £2.75m

Value of CDT shares @$3.34. £2.7m

VELA market cap: £2m

Looking perky today on low volume

It was the 24th I posted that they hadn’t filed it

I see they filed their confirmation statement yesterday after a little nudge 😉

Now up over 500% from years low

TSP/ENET/CODE/MWE and SKL also up significantly on year lows.

VELA currently at all time low. Doesn't really make sense....?

Shows you that patience can bring rewards ! Cornerstone was at 6.5p not long ago …now 37p

SKL now up to 35p...almost in profit on an investment!!

Initial investment £250k at 37p

Year low value £ 122k (18p)

Current value £216k (32p)

£6 top up? 😂 ( only buy printed today)

Picked up another ten million. Average now 0.0142

There’s a fairly logical thing to do here . Buy and wait . Excepting ENET most of the investments are not being played by the traders and have simply suffered from the general loss of appetite for small caps even though they look like good sound businesses ( SKL, ENSI,CODE,TRYB )….and not forgetting CDT !