I also think a takeover is the most likely return on investment for us. Due to the 'drag-along' clause they've put in we won't have any say in the matter - but we should still get a very good price, better than waht Rox are offering. But not as good as when they list on Nasdaq.
Anyway good luck all, I doubt we'll hear much more in the short term other than receiving our certificates.
Well I only said this flippantly back in April but TIA have just bought MXC's stake in CLCO. What do folk on here make of this? Seems an add one to me, although hopefully (for me) it means there's still life in CLCO.
MXC out. They obviously had no hope of recouping their investmennt in a timely fashion. They had to wind up their business anyway so perhaps they just had to call it quits. 70 million shares dumped, so who bought them as I don't think the volume has been that great - unless Riddler orchestrated the pump and dump in aid of MXC.
Seem to remember he's a bit of a chancer who doesn't know what he's doing. He has a habbit if taking a big stake in a company and then aggressively selling it down when he gets in a mood.
IF they can reach the £10m revenue at cash positive then the sp will be much higher than this. Also waiting to see what they can do to expand the business. However I'm not expecting any news for another 6 months and on the last day again.