Member Info for MarkLong

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But why isn't that trade showing on all trading sites. And the Stock Exchanges own shows nothing. I guess it could be because it was several days late they only show current data but it is odd.

Interestingly not all the Trading sites are showing that transaction, it's also not visible on the stock exchanges own site. Odd? But the fact there were some big unloading going on yesterday and it didn't seem to move the price much does indicate a good appetite for this stock. All the technicals screen "Strong Buy"

There is the possibility this is has become a hostile takeover. The notice of the sale was delayed. Might have had to pay over the odds to get the shares secured.

Its not showing anywhere else. Is it an error?

Is this when Cowed eats his words? This investment is in the toilet. Whilst i'm sure they are going to blame covid19, no other software company in this sector is having a problem. The company does not have enough momentum and ongoing revenues. They are obviously very weak as they are having to cut costs and ask for more funding. I also do not think they have a good offering. Their product is overpriced when compared to others. Their customer base also appears weak. Risk management is currently a hot issue, made more so by covid19, if anything the current climate should be aiding these sales.
I think they are failing to close deals because there are much cheaper alternatives with companies who are obviously much more resilient. After all the last thing you want to do is buy a solution from a vendor that's about to disappear. I sold my shares at a massive loss but something is better than nothing.

Well, despite some big sales the price is staying put. Seems resilient to the profit takers. Could this mean some news is imminent?

Looking at these guys further it looks like there softwsre is really expensive and it also sounds exactly like the Symbiant system. Are they connected or have krm copied them? Not sure what the USP of this company is. They are new and don't appear to offer anything unique. I guess the MMs have maybe lost faith in them.

Looks like they are having major financial issues and hsve run out of money with a huge debt to service. Not looking good for mr Todd and co. Took on too much debt. Bad business model.

Interestingly those big sales made little difference to the share price. Does look like something is close.

Actually at the current market price he could buy up the parent company. It's totally bonkers that 1 of it's subsidiaries was about to sell for £35m and now the whole group is valued at less than £20m. This is a company that was valued at about £100m a few months ago.

Ahh.. well he certainly isn't a great dane....

I think if the market makers were desperate for stock they would be offering more. Just seen the last sell trade was .3333

I think it could be several weeks before any announcement is made. They are in no rush to bag a deal this month.

There is very little floating stock available. If you try and buy a 4 million shares it won't complete.

My take on this is, MG is providing funds for the company to move forward. I think there is a target in play, otherwise MG would not be giving up the cash. I suspect MG also has an interest in the target but that may not be the case. I don't think MG wants to take the company over, this, i would guess, is purely an investment on his part. His reward is the raise in the value of his stock. His position was staggered, which may indicate a cautious approach, see how things are panning out. But whatever, most people who who have looked at this think 0.5 is very likely. (as a minimum)

A buy or sell order?

Looks like the price is back on it's way up

Another consideration is the fact the main institutional investors are holding on to their holdings. I guess they are aware of the plans and believe there is profit in it.

What do we know about Mark Greenwood, other than he is the biggest shareholder in Richland. By my calculation the company has over £600,000 in cash. Just over £250,000 being what was left from the sale of Capricorn Sapphire, the rest from the sale of shares to MG. So unless the board are trying to give the illusion of an interested party to artificially inflate the value of the company, which obviously would be fraud and prison time for those involved, we have to assume a purpose for the company to continue is on the cards. If this is a new mining venture, the purchase of a new mine or a vheicle for an exsisting company to reverse in to, is currently unknown. Is it worth a punt. I have 2,363,366 of share that says I think so.