Member Info for LWHL

Well, perhaps, but I have seen plenty of AIM outfits do exactly that over the years.

Which then expire worthless. Then a new bunch gets issued (often at a far lower strike price than the ones before), or without any strike price attached whatsoever.

Not saying this will definitely happen here, but just to offer a counter to your post. GLA.

I have joined some of you in switching some of my profits into this one from TTG.

My position will represent 'weak hands' if this name decides to go in with a much higher offer than the one(s) that the TTG BOD did not seem to even bother to acknowledge.

Even then, the additional debt that this potential purchase would likely involve, is one that I am not entirely comfortable with.

In the circumstances, I would probably rather they stepped back now.

Based on the half year report, they seem to be doing very nicely, and I would prefer that they looked to reduce the (currently manageable) debt pile.

Either way, I get the impression that this BOD would conduct extensive DD before agreeing to any formal offer.

Subject to the obvious caveats, including some of the above, I will likely add to my opening position here if we see low 290's. Otherwise, it will be one I leave in the bottom draw and review down the line. GLA.

And yet they bought a huge amount of shares. Far more than they needed to in all probability.

This buys faith. They still have mine, and I am backing them to deliver.

I also think another bid from somewhere might not be far-fetched either. As I touched upon the other day.

I am open to either scenario of course, but they have time, as far as I am concerned. GLA.

I am not sure that it is going back to the 70's and it may indeed run up further...but I am out as well.

It feels churlish to complain when I have made a pretty material profit, and in fairly short order too, but I do not appreciate the lack of a company RNS yet, in response to the one we got at 7am from the bidder.

Had we seen some significant inside buying the other day, I would have been willing to give them the benefit of the doubt.

As things stand, we have to believe that they have not even taken the time to reject those offers, let alone have the respect to tell us of those approaches, and the reason for why they are not even going to give them the time of day.

I do not think they have justified that right, given the ongoing issues which are clearly yet to be resolved.

I will keep a watch here naturally, but if this is around the bottom price now, then I wish good luck to those who remain here and hope the BOD either accepts a better offer (assuming one comes along), or prove PDQ that they were right to take such an aloof approach to the offers previously tabled.

I look forward to hearing from our own BOD, now they cannot continue to ignore this offer.

An all cash offer would be better, but I would accept what Volex has tabled if given the vote to do so.

If the BOD come out and formally reject this...they had all better put their hands in their pockets and buy a huge amount of shares immediately.

Nice RNS to open on a Friday :)

As I understand it, you have various potential support and resistance lines. Some are more notable than others.

20, 50 and 100 DMA's, and similar for SMA's for example. So, so many other indicators as well!

We might get a small bounce, but IMO the upward trend has been broken. For now. And only on the balance of probabilities. No 100% sure things, unless you are in positions of power, lol. And only, of course, in the opinion of some. I myself have no such opinions in either direction.

Would be happy for this to play out differently and for us to see another crack at the 800p level before Xmas. A strong Santa Rally and who knows?

Just being somewhat cautious, especially as the DXY is still in an upwards trend, the VIX is low but looking like that might change...and keep an eye on the bond markets too, in the weeks ahead. GLA.

Pretty low bar comparing it to PFC, but you make a fair point nonetheless.

And if the independent review gives confidence and a clean bill of health, then hopefully it will see the ship turn around quite quickly.

IMO it will not be a quick turnaround, because the jury is out on the BOD here. And the CEO in particular in my view.

I have had some good trades in this one and it was once in the investment basket.

I would like to regain confidence that it can become so again. Which would likely be at a materially higher price than now, but that would not bother me, insofar as the investment basket goes. GLA.

Assuming the email is legit (and to be fair, it certainly looks like it), then it is bad form of the employee who shared it in the public domain, IMO.

But putting that aside, I agree it is not really anything to get excited about. You would expect bullishness from the boss in these circumstances.

And while I do not say the following to suggest similarities...I can tell you there were a few company bosses who wrote assuring emails and made great speeches to staff, during the early stages of the GFC.

Many of these turned out to be worth less than the paper, or even the electricity, used for the emails.

Nope. I was not one of them given false hope, nor lost my job during that time (although my workload certainly increased!) but I certainly knew a fair few who were/did.

Anyway, just another anecdotal experience to add to the mix. GLA.

Fair enough. Every other point still stands though. And nothing suggests an extra few months of cash will be to the benefit of shareholders, although time will tell, as it always does. GLA.

It has been a while since I last looked at the accounts here, so do not take my word for it naturally, but I thought at that time, it was probably more in the region of autumn 2025. Perhaps I was being a little on the conservative side though.

But I could of course be wrong about that altogether, and no doubt they will clarify the financial stuff on the call.

None of which changes the fact that, without Stal payment, or new deals that come with upfront cash, then how are they going to avoid needing to go to the market for more money during Q1 of 2025?

IMO, it would not be good custodianship to leave the runway less than six months at an absolute minimum. Ideally longer to my mind, but that is subject to investor or bank appetite, the latter of which (again, only IMO) is extremely slim.

Not long to find out, so will park the speculation for the time being. GLA.

My advice would be to listen to some of the previous ones. Then get ready to check list phrases like 'value accretive' and similarly well worn buzz words :)

Presumably 'ongoing positive dialogue' with Stal or some such fluff will be mentioned as well. No update so far means that it still cannot be resolved, or they would have to have released an RNS by now, I would imagine.

Still, if I get the chance, I will listen to the recording in the evening. Will be particularly interesting to get an update on the cash runway. GLA.

More downside ahead, IMO, but I do not think we have seen the ATH in gold yet either. 2024 perhaps, but not 2025 or beyond.

I think a return to the 2400's is quite viable, from a chart perspective, and silver is looking weaker still.

It did not hold the level I thought it might, so 28's would not surprise me now. And a proper crash whenever the next 'black swan' is publicised.

But, as I have said before, I see both PM's going much higher in the years ahead, with silver offering the more explosive move to the upside fairly soon after its next crash. Based on history.

So I am holding fire on repurchasing Newmont for now, and likewise adding more here. Probably until mid-low 5's, similar to Mary's thoughts. GLA.

CFO retiring, after 10 years with this name, and with an orderly handover period up until September 2025 if needed, is not a red flag.

If he had left 'with immediate effect' then I would absolutely, 100% agree with you.

Anyway, waiting to see if the CEO puts his hand in his pocket, before I add anymore here myself. GLA.

Bottom end of guidance. I can live with that, but no idea whether or not the market has already priced these results in.

You would think so, but not long to find out.

Inside buying will IMO speak louder than words. It usually does. So I want to see at least the CEO put his hand in his pocket.

CFO retirement with an orderly handover should not spook the markets.

As was the case before, assuming they can fix the North American issues, then this should be back to triple digits in 2025.

Or some boardroom changes, with people who can. Potential bid target too, IMO. GLA and see what happens.

I would not take comfort in that, Showjumper. A brand new, all time low print, from a fairly high daily volume.

Relative to the volume this one usually sees, anyway.

At some point, somebody will come along and say this is trading around cash in the bank levels, or a similar thing.

As if these types of outfits ever return a single brass farthing to ordinary shareholders when the lights out RNS hits.

None I am aware of. And I have seen quite a few now. Even had the misfortune of having been in a few that went pop.

I see the same thing happening here quite frankly - but just my honest opinion and not meant to lead anyone else in their decisions. Which should never happen regardless.

And to repeat from earlier - I could of course be wrong. Those of you still here think so, and that is fine.

Most importantly, it sounds like you are only playing with cash that you can afford to lose (however much none of us likes losing any of it, lol).

Not sure why you chose this one after Aston Martin, out of the many AIM and main market names.

Especially if you do not want to give up those gains. A risk, IMO, considerably higher in this name than the vast majority of other stocks at the time of print.

This one did not even manage to have a meaty run during the covid bubble, when just about every AIM tiddler in this space multi-bagged, give or take.

Not sure how long the cash runway is at the time of print, but if you are confident that Stal will come good, then maybe it will be a moot point. Good luck to you anyway and I hope it does for you and any other LTH's here.

Hopefully the authorities will be able to speed things up. Looks like they are trying to. As I said before, nothing the BOD here can do really at this point, beyond what they are already doing, no doubt.

In the meantime, this remains a falling knife, IMO. I had no idea where the bottom might be last week, and that remains the case. So remain on the sidelines for now.

Glad to have not done my usual thing of opening a book mark holding, because I would probably have added to it, in spite of the above.

As for the poster who makes these declarations about people selling him cheap shares and other general hostilities....that style of writing seems familiar.

Fairly recent account and only posted on a few stocks so far. Primarily on this one to date.

But it was the HARL ones that got me thinking it might be a new username but not a new individual.

Apologies of course if I am mistaken about that. No apologies for calling out your tone which IMO is not really in the spirit of these chat boards. GLA.

Not to mention they do not seem to need any help in doing that already, lol.

I hope it comes good for you shareholders.

Agree with the bottom draw plan. Too early to say whether it is the smart money buying, selling or holding right now though, lol.

As long as they can maintain the current dividend, then the risk/reward is worth it, IMO.

Especially as rates will likely continue to fall in the months ahead.

Just need to avoid another banking crisis or another, similarly unwelcome event, in 2025...GLA.

Would that not be around half of what the SP was when he took the reins though?

Had plenty of freebies in that time as well, if memory serves correct. None too shabby a package either.

In that time, he has overseen a fund raise and I cannot remember the last time he put his hand in his pocket to buy shares.

Obviously good to see WB buying lots more again. He certainly leads by example, in my view.

Anyway, the chart looks like it has broken the neckline of a head and shoulders, so I am sitting back for now, even though it is tempting with all those WB purchases.

And I could be wrong with my TA of course. As I have mentioned here before, I do not fully trust my chart skills yet.

I see Boohoo has announced a raise. It will be interesting to see if any retail take up the offer, which is at a 3% premium to the current SP.

No doubt some will and who knows? It might be the first stock since the Covid bubble period where the SP does not go materially below the raise price in the weeks ahead.

I see some posters on that one are talking about MA potentially paying a quid to get a majority position. Dreaming IMO, but as always time will tell.

GLA here.