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accumulating big time and getting ready for action....you will see a lift up and then they will make an even bigger gain....unlike most of day traders here that make 10% or less....a bit of patience would do wonder to sp...
at open at 0.3p buy...first time i see this on Vela....someone has a buy orders in for more?
we will have the money from the land(or the land itself) worth 1.8mill euros,fees paid.First charge was 2.68 mill euros so the "top up" with cash from escrow accounts could go there.10 villas in Sardinia.Company will have a plan for that so we should know soon.Ondaland to be sorted,Fortune cookies to be sorted very soon,sosushi and various other claims,too.B.h to exchange within now and Xmas.I think we can say that one big claim will be sorted by then and that is why B/h will exchange shortly.Only chance to recoup ,and possibly get a nice profit on their investements(consider that bondholders had,at max,8% interests rates and with the conversion in shares they could get multiple of that).Good enough reason to exchange,imo.Unuasual that mms are showing(even if it is not)a much bigger spread than lately......very likely they are expecting news following soon....End game is near.
well done,neil.Keep the faith in Vela,too.it will come good very soon...
will the 1.368 mill euros held in an escrow account of mediapolis ,be used to "top up" the money due from land sale,to get to full 1st charge of 2.68 mill euros?We should find out soon...also there is 8 mill euros due to clp as second charge....
and who is out,is out.....other possibility would be a nice 2 p dividend?
the others will do fast,as maximum amount of shares are not enough to cover all bonds,so first come ,first served....then will need to call an EGM to vote to allow(first time the shareholders will be very pleased to vote FOR)....but that will take at least a month and half,so conversion rate could change HIGHER....if eufingest will do first,all others will have to wait,so very very likely some small B?H will exchange next week or so,imo.....
at almost an RNS a day.....that should tell the story......lots to come out!and the press will take notice for sure this w/e
the moment they will exchange will be crucial one....how soon?we will know quite soon,imo,to anticipate all others B/H,as not enough share to be allotted.....by the time the EGM is called the sp will be above 3 to 4p,imo....
look at intraday chart....it shows the way is up....and will carry on next week,too...
what is coming....the "domino`s effect"....daytraders will regret selling so early
held in escrow account...will be the top up to the land money to reach the Eu 2.6 mill for first secured charge?Lots of things developing....
more to come and fast...imo
some major major news very soon...none exchange bonds at 5.5 times value premium without knowing why...
cookies?
that ondaland has been sorted?or the fortune `s guy is buying shares in clp?anything can happen with FG...
others?i tought hermaphrodite only appear in nature not in humans...
so,conversion is set for next 3 months.B/h will have 60 days to object but in case they don`t ,they run the risk conversion will be higher(say 1.5p x 500%=7.5p instead of 3.76p).In themeantime (pre Xmas) Fg should sort out the land,getting it or getting the money(latest expiring for farmer to pay is 23rd november 2018-120 calender days from auctio).This will revalue the sp and so the conversion bond`s rate.....Eufingest will go first for sure.The market will rerate the sp as soon as hear or rns of first conversion.....Should be a very nice xmas for all clp`ers.Not long to wait.,max.
court of Ivrea adjourn always on friday....
we still need to hear: vibepay to launch,more airlines to join AIRPORTR,,BTL licencees,,,,just in time for Xmas`s presents