Member Info for Midas3316

The shares that you hold in your Fantasy Share League don’t make you any money. You do know that, don’t you ?

One for you come on here and all YOU do is troll. Have you any shares here…..NO.

Liquidate the fund and let those LT Sufferers get out with 6 or 7p. Then at the same time those who want to stay can leave their money with Ed to manage. Win - Win. Everybody happy……………….though how will Ed get his £150k a year from managing a fund with ten grand of assets….so just sit it out again I guess.

They have a couple of big holdings that could give a big boost to the NAV. Though would the SP follow? If they did what they are paid to do - put shareholders first, they would liquidate it. Though that’s never going to happen.

I’m still holding a chunk for now Fatman. I really can’t face putting more in after years of failure. Even though I do think it will double from here in the next year or so. I just can’t do it. Lol. Curious to see their next move.

Hey less of that. Lol. It does open your eyes though. Down around £9m in just 3 of their mates investments. That’s not including my old favourite selling moon when they had months revenues of 10s of millions. To their mates for £500k when it was said to be worth £5m at the time - their mates then went on to sell that very same amount for £50m less than 18 months later. It’s a joke.

That’s what I believe LL. I think maybe Jim and Saladino and co have said to Ed. payment in shares, performance related pay or buy an equivalent amount of shares after the years of dross . So it’s in the region of a years salary. I think it was either receive that amount in shares or buy the same amount. This is the best option as he still gets his wages and the chance of a good return on his investment over a year. He’s never had any interest in buying until now. It’s like the regular £10k director buys you see in companies. They are given on a basis of wages - but you have to buy 10k in shares. All the companies do it.
You see it all the time

It’s funny to see those new to shares keep telling everyone this is a bargain with such a huge discount to NAV. Like those buying larger company shares saying hey this share is cheap its P/E ratio is only 3 or 4 and the market average for this sector is 20 and share price will probably not have moved in the next couple of years as there is a reason for the low pe. While those with a high share pe, technically well overvalued at say 60 could double in value in a couple of years and maybe still have a pe of 60 or even more as it’s a company expanding year on year, a company going places. Before diving in wouldn’t you ask yourself, why is this so cheap ???? Is there a reason why it’s cheap ???? Followed by the most important part “will this turn around ?” Or will it always be cheap.

Well at least it isn’t Red. Yet

I was hoping to be popping the champagne today with receiving the money from Leap. Lol. Seriously though, it will take something to move the SP. Everyone’s saying it’s so cheap………yea it is compared to NAV…..I can see this remaining “cheap” for a long time yet….

He said recently.

Leap payment could be the total £5m+ in one hit
05 Apr 2023 08:49
Do not be surprised if seed announce they’ve received the full payment of £5m+..

I thought we might have reached 3p with the money from Leap. Just wait for one of the large holdings to surprise us……hopefully……

Ohhh. And 5p is after 4p…..when for 3p then ?

When ??

A decent volume going through right now. Though I don’t think it will be quite as big as hoped. Oh well back to sleep until something amazing.

That’s why I believe Ed bought in after all these years. After all the failures it was either performance related pay or be paid in shares. Or better for him, buy in at rock bottom and still get £150k a year for a part time position no matter what happens and hopefully profit a little from his buys.

And probably get a better return. Lol

Well let’s see if it boosts the SP. I’m sure Ed will have something lined up already from either one of his or his mates. Let’s keep our fingers crossed that Ed is lucky and picks something decent.

I really do think it will hit 4p sometime in the next year and I could bring my average right down.....I just cant get myself to do it after all the failures here...... I'm thinking probably invest into something more tax efficient and something I could choose...not a pleb like Ed

LOL.....YEAH......I might be tempted back in after it drops again. It used to have regulars peaks and drops......just all drop lately