Member Info for mick-b

COULD explain the strong performance today.
Confirmed by an RNS soon......

https://uk.investing.com/commodities/gold

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TEST - IGNORE

Luke Johnson owns 37% of the company.

One veteran who knows Luke Johnson well confidently predicts the following: trading in the shares will resume at a fraction of their pre-crisis value, then he’ll buy the business himself for a snip.

Johnson will declare he can only save the company, and the thousands of jobs that rely on it, away from the glare of the public markets.

Regular AIM investors have seen this happen before. At recruitment firm Interquest, Johnson was an early investor but sold his stake for 53p a share in 2010. The stock shot up to 96p before hitting trading trouble, and Johnson recently backed a management buyout at 24p.
https://uk.news.yahoo.com/jim-armitage-afford-luke-johnson-124300282.html

Luke Johnson owns 37% of the company.

One veteran who knows Luke Johnson well confidently predicts the following: trading in the shares will resume at a fraction of their pre-crisis value, then he’ll buy the business himself for a snip.

Johnson will declare he can only save the company, and the thousands of jobs that rely on it, away from the glare of the public markets.

Regular AIM investors have seen this happen before. At recruitment firm Interquest, Johnson was an early investor but sold his stake for 53p a share in 2010. The stock shot up to 96p before hitting trading trouble, and Johnson recently backed a management buyout at 24p.
https://uk.news.yahoo.com/jim-armitage-afford-luke-johnson-124300282.html

GOLD back in the driving seat

🔵

JUST ARRIVED THIS RNS...

Without an immediate injection of capital, the Directors are of the view that that is no scope for the business to continue trading in its current form.
🍻

CEY up 8.5%

GOLD IS BACK

ATB FOR WASSATT

Savannah Petroleum

An update from Savannah this morning in which the company announces that it is extremely close to obtaining Ministerial Consent in relation to the approval of the Seven Energy transaction.

The company has submitted the the revised terms as announced on 20th September to the DPR and has been informed that the ministry has completed its due diligence in relation to, and is fully satisfied with the transaction. Indeed, the application is being processed and will imminently be with the Minister for final approval.

There are no added comments from the company, as one might expect, as whilst the deal is not yet rubber stamped it would be premature to celebrate early but they are surely nearly over the line. This has taken a lot of hard graft and more time than the market and investors had expected but it will undoubtedly bear significant fruit over pretty much any timescale. On a day when markets around the world are falling rapidly and the oil price has had a bad couple of days I am not surprised at the muted response but expect a significant rise before long.

VIX now at its highest for c6 months.

FTSE Futures c7,030 on IG ..... down c120 points

Down 831 points
hopefully GOLD will come into play

Sadly there may be only crumbs left for Patisserie Holdings (LON:CAKE) holders

994.34 −34.25 (3.33%)
10 Oct, 16:45 BST ·

Wolf can't secure funds and has recommended a winding up operation

Peeps often complain about frequent costly funding and it's inevitable dilution of their shares
BUT without funds it's far worst
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I have a good friend who was one of the last people working for Amex before the old mine closure. He knew the area very well and many of the foreseeable problems.

Three times he approached Wolf with information and advice only to be sent away with a flea in his ear. He applied for a job with Wolf on numerous occasions but never got taken on.

I invested in this stock against his advice. He reckoned it was doomed from the start.

Do you know - I think he may have known a thing or two.

We do have a nice new road to drive around though......

What happened to the much hyped BRIC's
Only China has really succeeded
With Brazil and Russia nearly broke
While India although growing at 7% has disappointed...as it badly needs infrastructure to succeed in matching China

I liked the one that CAKE had turned into a DONUT......with the tax hole