Member Info for LWHL

It was the level of debt reduction, combined with the strong performance in this challenging climate, which caught my attention. The dividend return was only the icing on the cake, as far as I was concerned.

Anyway, took another couple of small tranches in the 107p range, in case it does not remain range-bound for much longer. Not adding more meaningful amounts until I do that research, but not going to get the chance during trading hours.

If it does not pull back, then so be it. That would be fine by me :) GLA.

Looks like the change of name has not tricked investors into parting with any more of their cash!

Maybe the BOD can put their hands in their pockets again and buy a decent amount this time, rather than the chump change as per the last RNS.

Ultimately, it looks like the market has got wise to these types of outfits.

Sorry to hear that. I hope it is a loss that you can overcome.

Fair enough. Ultimately, time will tell on the asset value versus m/cap opinion.

FWIW, I too took a similar approach to ignoring the red flags of management for a while, convincing myself that any failures/weaknesses were offset by the assets.

I gave the management a lot of support and benefit of the doubt long before this pragmatic change of investment strategy. So it was not an immediately negative opinion.

IMO, it is a bad strategy to take! For a trade, sure, in some circumstances. For a proper investment? Certainly unwise. But just my opinion.

Anyway, hopefully Ashton will share his thoughts. These chat boards are a waste of time without a variety of opinions.

While I think he is mistaken here, for various reasons outlined before, that does not mean I do not enjoy reading, and take stock of, his (and other) thoughtful posts. GLA.

CC: I agree it is good that the RNS involved some warm words from K.

And better obviously than if the RNS had said K were discontinuing the partnership/exploration etc.

But shareholders have nothing else but those warm words right now, as far as Disko goes, unless I have missed something?

You still have nothing to hang your hat on, as far as the vital question of cash runway goes.

None the wiser on the chopping and changing of various assets that are for sale, then some not seemingly for sale.

Why this strategy change etc? Basically, a lot of those sensible questions that Ashton posed recently.

And that is without even covering some of the other valid points, criticisms and observations of some of the 'bear' posters here, like enuff.

As to redknight1's post: Good question. One I have heard, and thought of myself, in many stocks, including this one, in relation to Dundas, a few years ago.

The answer is almost always the same and rather obvious, when you think about it.

Anyway, GLA. Bulls and bears.

Exactly my thoughts, dare2. IMO, we have a confirmed break below the 50 DMA here now, so 112p - 120p or so might be a trade opportunity that comes into play.

Obviously, and as usual these days, the Fed will move the markets. So not sure I will jump in with a side pot, even if we see 112p, before JP speaks tomorrow.

Also agree with you from the longer term POV, Mary. GLA.

Well, I liked the update and so have taken a small, maiden position here, this morning.

I assume the potential institutional overhang, as mentioned by others, is probably the reason why this is not up 20% today.

I need to do a lot more research here first of all, but plan to add further tranches if we remain in this range.

Am hoping for a retest of the 200 DMA in the days ahead, but think that might be wishful thinking.

A more realistic scenario IMO might be a revisit of the 101/102p ish perhaps. Subject to said overhang.

Unless we see a big market sell off, of course.

Will take a view if/when 140p arrives. GLA.

Great point. Hopefully there will be a sustained money flow back into UK small and mid caps, not just temporarily.

From a macro perspective, we need it. GLA.

80%? I think you are being a bit too pessimistic actually.

But we seem to agree that today is likely to be a not insignificant red day :)

Sure, if you are short, maybe! Lol.

HarChris: Like you, I see nothing in this update to justify the optimism shown by a couple of the other posters.

It is, however, consistent with how this operation rolls though.

Still very much on track to end up how I suggested this one is likely to.

Did I miss the part about what action they have taken against that third party, who they previously blamed for those false prescription numbers? Or has it all been forgiven and forgotten? Lol.

A zombie outfit, to all intents and purposes in my sincere opinion - but this is AIM, so who knows, the SP might have a spike.

Around that, yes, IMO. Then stronger resistance at the 200 DMA.

Not looking any further ahead than that right now, personally.

Why this rise? I mean, great to see of course, but it seems to be an out-sized move and not simply sector specific, as far as I can tell.

I am more worried that our idiot politicians might copy Sleepy Joe and try to introduce a tax on unrealised gains, as he is looking to.

At least their constitution will probably save the people from this policy being implemented. While I am generally supportive of us having an unwritten constitution, I do wonder if this might be a problem at some point.

But generally agree, the geopolitical landscape is right now unstable and getting worse.

To make one final negative point...failing politicians have a history of taking their people to war when they run out of things to put the blame on.

IMO, here and across the Pond (and the EU) they are all pretty much the same. All in it together and we are not invited to their party :)

As for the less important stuff (when compared to the above)...I have a small buy order in place here. As always, not going to chase it, but if it hits, I will let you all know. GLA.

Because options can, and do, expire worthless on a fairly regular basis.

Based on what I have seen over the years in plenty of stocks.

Companies can, and do, simply award a bunch of fresh ones periodically. No big deal. And often at ever lower strike prices, if indeed any strike price is attached at all.

If the BOD were only taking salaries in the form of options at elevated strike prices, your point would stand.

For the reasons I mention above, IMO therefore, it does not.

Anyway, good to see an update on Disko.

Not so good (but not a surprise either to many people) to see that drilling has been pushed into next year now, as KeithOz cites. You still long here, Keith?

Hopefully. But in the meantime, I continue to delight in this lovely little trading range here.

Have left a few in the pot, in case it does break out of resistance this time, but if we revert to 80p or so again on no specific news, I am going to add them back I think. GLA.

Apothecary: your posting history here suggests that you forgot to post when you sold, before this 15p repurchase.

Excellent timing though and looking forward to your sell notification, lol :)

I remain on the sidelines, although watching the SP action with interest.

I had (and still have) no idea how this is going to play out prior to suspension; watching to see what the shorts list looks like this evening.

Good luck to those still here and those adding/trading it right now. Hope you make some good money.

I have been pondering this as well. Enough short interest that may not wish to be trapped during the period of suspension, so might that keep the SP at a higher level than you would otherwise expect? For a bit anyway?

Glad to be watching from the sidelines regardless. If they can come to a resolution that does not simply mean the bond holders take the whole cake (and shareholders get totally wiped out), then I would not entirely dismiss a return once the dust has settled. No rush though, IMO. GLA.

That is a sensible list of questions. Now we are virtually into the month of May, perhaps the BOD have almost had enough time to complete the tasks in question, lol.

IMO, you should have had answers to several of those questions long before now (not least the cash runway question), but it is good that you seem to be keeping their feet to the fire.

Like a few of the other posters, I obviously think that your optimism and faith is misplaced, but as long as the company is a going concern, I guess hope remains for your holding here.

Until the next company update, I wish you all good day too.

Should be good for the SP if it comes to pass.

Politicians need to leave adults alone to make their own choices. But it is the hypocrisy that really annoys me most though. The green agenda scam while they take private jets to climate conferences, feasting on the finest food and drink flown in from around the world etc.

Like our ones trying to introduce that smoking age law that just looks incompatible with...well the fundamental premise of the legal system itself I guess. Pragmatically, just a rubbish and unworkable policy anyway.

These tools all fiddle while our various Romes burn. Ah well.