Member Info for NickRubens

Hi nidgeyr, Yes I agree as will everyone else here as does the SP valued roughly at it's cash or a little less. What I'm saying is we don't know what they are doing in the backround (aside from nothing much as many would argue). What I mean is, it's possible a corporate deal like someone bigger with serious clout might come on board for an equity stake. I've no inside info and it might never happen, but if it does, the market value will jump. It's a risk holding, but I'm just sitting on a few to see if anything like that develops. It certainly needs something of that type. If I stay on the side and wait for the assurance of that, then I'll have to buy in at potentially multiples of this valuation. You could say I'm a dreamer, but it does happen sometimes. The directors have been buying and that could be an indication of some change coming? Good luck whether in or out. These markets are tricky and hazardous to one's wealth. One thing for sure in the markets, Share Prices do generally move up ahead of news when it's good, but sometimes the market is taken by surprise ie SP static on a low and great news lands out of the blue.

If we could get today's price with tomorrows news (if good), we'd all be wealthy with no risk involved.

PS I own some LEK for a 'dream punt too. Big squabble developing there over the mismanagement.

After hitting record lows from 1p pre lockdown, it seems to be gathering pace again after director buys. Current Mkt Cap of around £7m for a Port envisaged on this scale is very minuscule. Of course the market has just about priced in complete failure at this level, but some interest is coming back and with some good news it could really make a comeback.

Obviously everyone has to decide for themselves but something in the corporate back round might be around the corner to get this port on investors radars once again and operating in the future. Of course the director buys recently were very interesting and I wonder if there is more to come.

I see a few sells came in later. Not surprised as it's tempting if you are uncertain and/or might be struggling elsewhere in the market or may have made a quick buck. Financials have been good, covid is on it's way to being kept in check with vaccine roll outs, so it looks like the market is coming back for this one. I'm sure volume has picked up recently also which is a good sign.
Some shares do recover, so hopefully this is one of them.

OPG is moving and this thread is very quiet. It seems most investors (and traders) have overlooked this one at the moment.
Dividends to resume and financials looking robust on last few RNS's.

Just wondering what kind of level this could rerate to. Obviously as long as there is no unexpected hiccups, but it does look promising.

"Will the AIM listing be cancelled tomorrow, and if so, to whom does ownership of the Company pass to?
Surely its the shareholders, not the Board of Directors....???"

Yes, shareholders still own it. Can't trade the stock and doubt if RNS service available either. Needs a determination from the Board to get a relisting in the future and that needs a Nomad too. If they haven't got one today then I suspect something isn't quite right about the company in it's current state.