Member Info for Mailgirl1

Thanks for that summary Highside. I agree a well organised shareholder group will hopefully go a long way to holding them to account. Cjen and Bricks look to have started this and I hope it can continue and grow. I know a few of you have direct lines to the BoD and you all certainly have much more experience than I do with this stock. I hope that the shareholder group will grow and if there is anything that i can do to help make this happen then please do ask me. I do have a vested interest here too, all be it smaller than most of yours, but still an important part of my portfolio. I'll keep checking in here now to make sure I don't miss anything else.

Grappa I sincerely hope you are wrong there. I'm no lawyer but I'm sure that if they held back bad news to raise cash they would have ventured into criminal territory. Incompetent maybe. Arrogant maybe. But LR doesn't have the kind of face that would fare well in a jail :-)

Thanks for your feedback. There's something just not adding up in all of this to me. Maybe I'm searching for something that isn't there. I totally agree it's absolutely abhorrent that they should do this fundraise when Toral didn't need it and to pursue "other projects". Someone even hit on the fact that maybe Toral could be imminently sold or JV and LR is trying to hold onto his job. In the 3 years or so I've been doing this, any stock in any sector rallies like mad if there's a slightest hint of a buyer/JV. This has done nothing. Zilch. Zero. I have never ever seen that before. This is why I think I must be reading something wrong.
If there is an interest in Toral I can understand why LR can't say as much, but normal companies would issue an RNS to say they are about to enter a period of negotiations. In fact, thinking about it, if they are talking to someone about EUZ taking on another asset then they should also RNS that. To just say we're raising some cash to buy something else, is somewhat difficult to understand (I'm trying to be kind and not use strong words). Clearly, some of you here have done your homework and there have been some exceptional posts. In fact, if the board of directors had acted as professionally as this chat board, we wouldn't have the issues that stand today. I do totally agree that LR, at best, has displayed a level of incompetence and failed, in parts, in his duty to shareholders. Is it just LR or are the rest of the board aligned? So, if LR is gone would he be replaced with someone better? I'm 100% in agreement though that we shouldn't just let them get away with this, and clearly direct emails don't appear to have any impact on them. If he was an employee in any other business he would be fired for misconduct.
I'm also in 100% agreement about Resolution 2 - unless they actually justify this.
One final thing I do want to say. Here we are of the belief that our votes wouldn't be enough to see the removal of LR, but hope to stop further dilution. Don't underestimate the combined power of us private investors. I've seen 2 examples (probably missed 20 more) where the pi's votes came as a total shock and resolutions were voted down. In one case the company was delisted and everyone lost everything. Look MTFB. Yep totally rubbish stock.
The chances are if we vote enough to stop further dilution, then we'll also be voting LR out.
I really appreciate the huge amount of effort some people have put into this, it's made it much easier reading for me than having to trawl through the legal documentation. I'm with you 100% on this and I share your frustrations.
It's still all rather strange behaviour from the BOD

Sorry guys I've been away from this board for a few weeks and just catching up. It's only that I have been too busy on other "life issues" so my limited time available has been used on, what I'd call active stocks. I'm somewhat shocked and saddened at the posts. I think BricksSA really hit the message home because he has always fought the corner of the BoD. (I think Shed must be a diplomat by profession :-) ). I'm so sorry to read your losses they read horrendous! I'm not going to post my status with it as that wouldn't be fair. I came to the party quite late it seems. First purchase was 0.03p then some more at 0.01p (they were the days) and I've always creamed some off on a spike, then bought back in on the support point. I just manage my own pension so am extra careful. Again I don't hold anything like as many shares as you guys do, I have just a smidge under 600k held through Hargreaves Lansdown. I must confess I haven't bought any more since consolidation as I have yet to see a SP that bodes well after that happens. I've always respected the majority of well informed posters here and I'm very happy to instruct HL to vote against all the resolutions. Before I do though are we absolutely certain that we won't be the proverbial turkeys voting for Christmas? Do we have an ideal replacement? What would happen if all of the resolutions were rejected? Sorry if I'm been a bit thick here it's just a situation I've never been in. I do agree that this last placing is most strange and irregular, and I agree about making a stand. Apologies if you have already covered these things, there's a lot to take in from the last couple of weeks.

Don't worry about it. Go to the charts/technical ,January. The news started rolling in. Slight tick up every day then 13th SP dropped 7%. Then what happened after that........ :-) I was here then, I'm here now and I still will be the next time. Most of those sells today have been buys. Looking forward to next week

I agree with you whole heartedly Aucs. I said earlier I doubted the competence of the BOD but I sometimes wonder if it's the "intentions" of the BOD I doubt. In a private limited business you should share your plans with all shareholders and update regularly as to where you are at in relation to that plan. Same goes on PLC's. You only have to look at the main market stocks and they all give quarterly updates, good or bad. I did exactly the same as you and got back in when I saw the UK development. Goodness knows as a country we need this. For me, it's total lack of trust. In the years past this has been notorious for another share issue when the price goes up and I guess that everyone is wise to it now so just stay away. I'm sure if that RNS landed that said LC was stepping down and a new CEO was incoming, this stock would be priced at where it should be. Hey ho, maybe one day ......

I don't think you're totally wrong on your thoughts. I suppose a vision is how one see's the "end game". (Or otherwise known as the objective) A strategy should form part of the business plan that's been created after the brainstorm and should be followed up with tactics and full financial plans. And yes a strategy should have timelines, otherwise how do you know if you're achieving or failing. I like what Kibo is about but, like most, question the competence of the BOD. I have a small holding in this share and have for a long time. Decided to scale down a bit though on some of the previous spikes. I think I hold what I do out of curiosity :-)

Hi Richtrades, they went through the Aquis exchange not the London Stock exchange. EUZ are listed on both

For what it's worth Gordon, it looks now like ASC has turned the corner, that jobs/wages news seems to have done the trick. I haven't seen this action on level 2 for a few weeks now :-)

Physicist ! Now that's impressive, always useful to have one of those around in this game :-). I'm old enough too to very vividly remember that day. I was a young(ish) exec and I recall our MD walking into our main office and declaring his mortgage repayments had just gone up to around £2500 a month. He calculated mine to be around £900 a month, and on a £10k a year salary my blood ran cold. I never held any interest in the economy until that day. Another savage day on the markets today, but good news on the UK payroll news. I only started to take interest in equities around 4 years ago so all of this is still a huge learning curve for me. I find it all fascinating, probably to the point of obsession. Oh if only I had been so keen to learn when young, I too may have had an impressive career track :-). Thanks for the tip on the nuclear car idea.

Oh and just to add - roughly half of my portfolio is in a few of these speculative AIM stocks (OEX, EUZ, XTR, HEMO, KIBO, ALBA) long term, and people daily complain about the lack of movement in the SP. As you point out with ASOS, many of these bigger stocks are 50% down. I think I'm the only one who's quite relaxed about these stocks, they're not nearly as hard work as the others.

Hi Gordon, just catching up here after a busy one yesterday. (The delights of insomnia) I have Bloomberg on through the day and it's quite a scary world out there right now. Shipping costs up 700% in 12 months, staff shortages everywhere but also causing back logs at ports. Inflation running at 4% and China doing anything they can to disrupt the economies in the rest of the world. The cost of everything is going up. I'm wary on anything that's non essential. Even JDW under a tenner now. On days when the FTSE is down, it's down by + 0.5%, it's been as much as -2%. It isn't over yet. We are actually faring better than most other stock exchanges, which surprises me. We are on the run up to Christmas and the young ones (ASOS customers) can easy find work, so this could be somewhere near the bottom (I'd still watch for another day or 2, you won't be getting a 20% spike on this stock anytime soon). Rolls Royce seems to be the safest bet. They are working on these small nuclear power stations and nuclear power car engines. They are also dealing with their debt issues, unlike most other companies. It's trying to figure out what the next crisis will be (Covid, labour shortages, power supply) or if we are soon going to get some kind of normality. They're talking about oil been in triple digits by early next year (and a market correction), so I can't see much stabilisation happening yet. Cash is king right now Gordon or very short term trading. Good luck and remember these market makers are rich enough, they don't need any of your hard earned cash :-)

Hi Gordon. An OEX holder but not a huge poster on these boards. I've always appreciated your input on OEX so I decided to give you my thoughts on ASOS. I'd hang fire and watch for a little while. The issues I see are 1. Adam Crozier resigned to join BT, ITV never recovered their SP after he left there. 2. Boohoo buying up everything they can (much as I hate Boohoo, they are still a threat) 3. Lots of publicity about cheap throwaway clothes and big push to get the youngsters to be more environmentally responsible. 4. Where are their clothes made? (I genuinely haven't researched) but China is a dirty word and lots of consumers boycotting Chinese goods, I see that getting worse as time goes on. Just some things to consider. I have nothing against them. Kind regards MG

Yes someones here. Been watching for 2 weeks now but not yet jumped in. Wanted to see a rise like this, so will see what tomorrow brings and will possibly buy

Hmm - I pay and I get the same service :-( LSE went down yesterday totally. When they got it back up at about 10.30 it was without the RNS's so I suspect something in those feeds caused it all to crash. I like the clarity of the visuals on here though. That ADVFN is just "too busy" to focus.

Thanks for that Shed/Milnrow. I couldn't recall the name for the life of me. And thanks to whoever contacted LR for confirmation. I saw on another chat board (of a stock doing well) one of these trolls had said that a director of the company had bust 8 other businesses. When I looked at the guy on companies house he'd had more than 50 directorships going back 30 years. Absolutely normal and expected some wouldn't be trading for all sorts of reasons, but that doesn't stop people panic selling at losses. It's cruel but that's how it goes. We can't change it so it's best to understand it and work around it. I personally saw his (it's) appearance as a positive sign, and still believe it so now. 4p Shed on EUA. You must be feeling pretty happy with that now. A lot of patience there. I came into EUZ at 0.03p with just £500, then topped up more on 0.015 so I was lucky there. I'm happy to see this through to the end game, looking forward to being in the place where you are now with EUA. It's funny really but I have read books by investors, traders, hedge fund managers and no one ever recommends these exploration companies as a long term hold (same with the bio pharma ones). All consider them to be the highest risk going. I have seen so many FTSE ones totally dive as they are so vulnerable to anything, interest rate, inflation, political change, war etc etc, it's going to be interesting to see over a 10 year period which do fare the best. I'm really enjoying this journey with EUZ, I feel a bit guilty when I see a few here getting stressed on the dips.. Take care and have fun all

I hope you feel better for having the moan Jedster :-). It's been rather an exciting week, some action here at last. I can't remember the name of that deramper so have just looked back and all his posts have disappeared! Funny that isn't it! Shed did you sell some EUA? That was just a trade to me, they were too expensive (31p) when I was looking to add something new to my SIPP so my next investment went to Mr Bird. I got in on the drop last Friday paid 15.80p so a very happy bunny this week. I was going to see if I could double the money but it's Friday and cash is king. Next week I'd like EUZ to do it for me please. Hope you all have a good weekend

It could very well have been Valueit. Plus people trying to get quotes to buy and can't. Also you often see a small late afternoon hike in the price ready for tomorrow :-) My trading instinct last week was to buy some, but I have so many in my pension I dismissed it. I was busy with EUA at the time too. I only actually realised today that I can still have a flutter in my other account :-). Hopefully the LSE MM's will be talking to the AQSE ones and getting some supplies in ready for tomorrow. But, IF I'm right (and i might not be) it looks like theres only 300k shares, less what sold today, available, until some else sells in the morning. I know that insider trading is not legal, but this happens time and again. Sudden drop below support level, deramper shows up casting doubt, then news comes in. EUA perfect example. Coincidence? Hmm. Going to the local now treat myself to a nice glass of Pinot celebrate an exciting start to September. Take care all

I am very much of the belief that there are people paid to entice you to buy or sell. Much as the practice isn't technically legal there are loopholes to be found. It seems to be making a bit of sense here with the lunatic that joined us last week. His (assuming him) rants were trying to get people to sell as MM admits here, he almost did sell, and today we can't buy any shares from the market makers listed here for the LSE, having to go through AQSE. I noted on AQSE there was a big 300k sell at the end of Aug, so that will be what supply they have. In London MM's can trade shares that they don't actually hold at that time, so they buy them off each other later in the day. (That practice isn't allowed on the Europe exchanges, hence you will see lower trading figures on stocks that moved to Euronext last year). As EUZ really doesn't do much trading, it doesn't make sense for MM's to hold stock, so when it comes to news time it's a mad scramble for them. Glad he failed in his mission MM. Your combined research second to none, and your generosity to share it with each other is amazing. I don't know any other penny stock board with the quality of posts as this one. Trust in each other, you do have each others backs that's plain to tell. Anyone new comes on, make them work to earn your trust, and until they have done, that ignore them. They're just trying to earn a wage.

Hopefully Shed that news is on it's way. Do you have any idea how much financing people would be happy with? I did see a Colin Bird interview recently that said it costs about £130k to drill a hole. That's a lotta money