Member Info for ojls

Time for an update and get back to trading. If they get the takeover right we should be in for some serious gains. Lets face it,,,,,,,, we all deserve it after this wait !

Just in case any of you have missed todays statement from Gatemore regarding the restructure: http://www.lse.co.uk/FinanceNews.asp?code=o80cbb60&headline=Top_DX_shareholder_Gatemore_welcomes_changes

The good news continues. MNZS happy to proceed with deal!

RNS confirms no further action regarding police investigation. Happy Friday!

DX need to sort regular updates regarding the police issue asap. The last RNS was so limited it could be about anything ranging from lost letters to embezzlement.

Sadly have to agree. Without the suspension this is the sort of RNS that could halve the sp in hours. Fingers crossed this proves to be a false allegation of some sort. As much as the existing BoD are not perfect a mark like this on the companies history could damage them for many years.

Another mad busy day for ECR! News cant be far away. Hopefully we will then see a little more interest. Still a strong buy for me at this level as will move fast on news flow.

I agree. I cant see it opening at ridiculous heights but hoping for a jump to 20p initially. My 75p comment was made very much in jest although I certainly wouldn't mind it!

What are folks predicting in terms of timescales for lifting suspension and the resulting SP given our new partnership with Menzies?

I am sure the BoD are well aware that existing holders are aggrieved however it takes more than 2 months to make big changes to the companies future. Your statement about the BoD wanting to liquidate the company is quite frankly ridiculous. No top level director wants to be known for ruining a company. Let's get out of suspension and see where is takes us. Big IIs on board plus experienced directors involved from Menzies could do us a big favour. 75p would suit me :)

H-hi - We have been through this before. I do not work for DX. In my opinion Gatemore have got a hold of the BoD and will be pushing for smart and effective decisions moving forward so they can A) win the trust of existing investors and B) Improve profit over a period of years. If DX was put up for sale the chances are we would get a very poor bid and current investors would take a real hit. If the company bounces back in partnership with Menzies there is a real opportunity for some big money to be made. As noted: The above is an opinion. I may be wrong but when I put significant amounts of cash into a company I stand by my decision.

I appreciate there are some long term holders that feel a little let down, however, complaining on this board and shouting that you have been ripped off is not going to help your investment. Gatemore backed out of the requisition. There is a reason for this!!! If they thought the company was being dragged down the wrong path (along with their huge investment) the requisition would have stayed in place and the BoD replaced. Instead, they know that once of of suspension is lifted they stand to make good money (along with the current holders) Be patient and await news. Even if you have a seriously high average there is a good chance you can average down and start making money again (out of suspension) .

H-hi: I can assure you that aside from my investment I have nothing to do with DX. I am just confident in my investment decisions! DX will come out of this well. Happy Friday all. Enjoy the weekend.

We are picking up a component of menzies with existing business/infrastructure. Its is not a big profit maker currently but thats why it isnt costing 3-4 times more. Yes the BoD have not shown great strength previously but they could well be forced out if they dont start making substantial positive changes. Gatemore have plenty of experience of forcing change and turning companies around (with the benefit of both them and us making profit) H-hi - I wouldnt advise you keep using the term Ponzi. I agree that the reduction in SP is not good but LSE admin will start deleting your posts if you keep using terms that suggest the company is running s scam.

I will check behind the couch........... Unfortunately I only have 59Mil to hand :) It will be interesting to see how this pans out. Only seen a couple of AIM takeovers and they both resulted in positive price movement on confirmation of the deal.

No trading until final agreement with Menzies has been sorted. Not likely to be too long.

Menzies deal constitutes a reverse takeover. Suspended until agreement is organised.

As a short term solution DX being bought would work but we would likely get an offer not much over the current SP (Not great for most current holders). If we can acquire profitable businesses and grow we may see some dilution but that should be offset by the additional revenue. The BoD now know there is no-where to hide. They either push the business forward or get promptly voted out! (Good news for holders who want to see a BoD really work for their salary).

Your posting activity is starting to look ridiculous. Every time news is released you are talking it down regardless of whether its positive or negative. Calm down and be patient. Interims are as expected and the BoD have an potential opportunity to grow the business by acquiring another business (part of).

As soon as news-flow slows for beyond a week the rainbow chasers move on and the MM's haul the price down. Loads of news in the pipeline so I expect we may see a surge in buying activity once it lands, driving us up towards the 3p mark.