Member Info for lymie

It's all over now. Only sales now. Don't think they are not paying enough, just think we paid too much. Gla

I have held these shares for over 12 months and am at breakeven at this price. However 2 months ago they were in the 3ps so shall be happy to get out ahead. If others want to hold them until they are back at that level then doesn't make much sense to me.

What is the company worth. It is valued at 45m. Let's give it a notional p/e of 15. Gives us required earnings of 3m. It last made a surplus in 2018 of 180k.
Take the money!

My point is that most institutions will not and often are not allowed to buy penny or in this case less than penny stocks. The share price after consolidation will stand on the merits of the company. After all it's mv remains the same.

It is difficult to give much credibility to this company with it's present share price. Surely the new CFO should consider a share consolidation.

Couple of big sales this morning. Should clear the way for an advance.

now 16%. Disgusting!

one of the reasons this share is under rated is that the turn is an excessive 13%.

Its about time the bod informed the shareholders what is going on and whether the company has a future.

The board and the companies advisors should be looking at a share consolidation. There are many institutions that cannot invest in this company whilst it’s share price is below 1p.

My sense of smell deserted me on TRX, but my nose has started twitching here and I have quickly got out.

Surely all the testing being carried out must have a spin off for EKF.

Great news at last. A major increase in the company’s markets.

Looks to me that this is a good way for the boys to take money out of the business. I would have thought the company could have raised finance on better terms than this.

A couple of good sized purchases after hours on the last two days.

Having got out of this share after the accounting scandal, I thought I would have an update and was surprised to see that Mr Briffa has been awarded £130,000 of nil cost options on terms to be announced some six months after the event. Some reward for having signed off accounts that he should have known were inaccurate. Where is the corporate governance. One year ago I valued these shares at 50p - not far to go.

i think that at some stage the company will need a big brother to achieve its ambitions. Either Shell or Chinese/Japanese investment most likely.

I don`t think the negligent parties should get away with this. There are investors who paid well in excess of �1 for these shares on the basis that they thought they could rely on accounts prepared and audited professionally. Who is going to reimburse them?.

No doubt the auditors will be next.

Perkylad, I cannot see how this would have been recognised in the books if it had not been invoiced. The implication is that it was accrued, in which case both the FD and auditors should have been aware.