Member Info for Mekas

I think this could easily recover to 60p range. It’s been very quiet, somewhat due to being tricky for some to buy. Patience is key.

Can’t get too excited, managed to sell at break even today to pay for wife’s car. Still believe in company long term, could see me rebuying at some point

If they had sold ensillica at 70p plus they would have looked shrewd.

Mode the first investment in the list, with a link to a non functional website. I never liked the Mode investment to be fair, I wish i'd let it put me off this share! Still I have faith that this will go up at some point, just a waiting game I guess.

Agreed, could have been much worse. Got excited for a second when they said AuM had increased, until i realised it was from gains and ignoring that its still a net outflow :/

Yes, felt bad my questions were a little grumpy but felt they handled them well

I think it would be prudent if CDT spikes at some point to cash in the marketcap of vela! At least that would slow the rot.

I agree, I'm disappointed they tendered for a low price, tendering for a higher price but a lower amount of shares would have been much better recieved i think.

So they went down a route that I thought might be the best approach but have screwed it up imo.

They should have offered more money for less shares. Like 5% at 50p, or whatever the maths would work out as.

Instead I get the opportunity to sell at 24p, where the reduction in shares might make the price go above this, seems like a rubbish joke. Especially if you have an average price of 26p in the first place.

Fair enough. It’s already a high percentage, so concentrating on future growth seems sensible

Thats a lot of recent cash generation, wonder if we will get a special or dividend increase.

I still think this should recover. Although had to laugh when the news last month had "Soar" in the headlines.

At least its maintained its price at least. I wouldn't consider this soaring until it was 1p plus again.

This came up on my radar, so have got some in my SIPP. They seem to have good dividend cover and growth. What is the downside/risk here? They seem pretty solid

Yes, the ideal scenario would be a partnership deal with an up front cash payment.

Very slow recovery, CFO has resigned.

However if the trading update due this month is positive enough it will recover, will just have to see.

Not sure the reason why certain providers don’t offer certain shares, it can’t be found on hl either.

I hold them on ii platform

Its amazing just how much he appears to have got away with it all. Straight up lies and dodgy dealings here and at MSYS. Leaving myself and many other PIs shafted. I do hope Karma catches up with him.

Many investment companies are currently way below their net book value. It seems like its the state of the current market and the issue with volatile or illiquid investments. Saying that, I'm continuing to add here.

I ended up biting at 44p a few weeks back, so far so good....., i'll probably buy more around that price if/when it falls again.

I know what you mean, I bought a tiny bit more, but have enough shares already.

Year and a half ago they promised better communication, its not really happened has it?