Member Info for oldabutnowisa

Lord S is perfectly correct. I hold a 'Flutter Fund' all on AIM and none are anywhere near their underlying asset value, even when they have given out an RNS stating they are about to sign a transformational deal. In fact, a good rule (learned by bitter experience) is DON'T 'top up' (i.e average down) just because the SP has fallen, without asking yourself why this market has priced your share down and why should it not mark it down further? Sure you might miss out, but look differently before slinging in more cash. At last I try to think like that.

My opinion on the little pouches under the hat is that they are likely to be free samples for your pot - definitely not edible!

...for a leak. IMO the deals would be in the M5 plus region. Hope I am wrong though and the deal happens like...now!

Total market cap at this price Twelve million Pounds. Cash in bank, capital stock and equipment worth much more. Resource in ground in for nothing. Don't listen to the derampers here, hoping to tuck more away at even sillier prices. And by the way, I am just a frustrated LTH, not anxious to increase or lower my small holding.

Tomcorvid is 100% right. Could be our last chance to top-up in single figures!

Could be any day,week or month, unfortunately. May still be time for SP to fall back. I hope not but keeping a bit of dry powder in case short-termers get frustrated.

I am sure Giles is quaking in his boots!

Tricky to know what to do now. If there was interest in a bid it would have already broken. Don't think L& G will give us a premium, but loathe to sell now when there is still a good business there and in a flourishing business area. On the other hand, they are lumbered with c£30m interest bill per year for the new Bonds and CFO and CEO bugling off in quick succession. Reasonable to expect a lousy set of figures and possibly more financial regs later in this year. It all points to a sell. If SP drops Tuesday, then with reluctance the brain says cut a loss! But maybe that's just what the possible bidder wants - lower SP so they can pitch the bid low and dirty.

Looking like my hunch may turn out right and this new(ish) Fund Manager may be gently turning KIT around, largely by going for unloved invs. Early days but starting to perform.

,,,,how anyone would want to be out of 175000 of these (showing up after the close) on a long weekend, when the deal could be announced 7.00a.m Tuesday?

...I have sold out at last. Good luck to all who still hold.

Glad 4 u,Bythesea, but make sure you have adequate cash and if that means cashing some now, do it. If you can avoid, my plan is to sell down if/when it hits more or less 20p so that I then hold a balance at 1p each. I think that will be c70000. I won't sell down further until at least 30p, G-d willing! Good luck for us all.

We have a valuable easy to extract asset. If sales start slowly, not too worried because we still own the asset. Next set of results will need careful analysis but this begins to look like 'another nibble soon'.

Decent flow rate.... 10-12.5p. Award of RFP 20-22p after some top-slicing. Y not?

...made by Eyeguy at 07.41 this a.m. Points up the massive potential for SP to rocket once ink is dry on JDA. Beats me why not more punters getting in at this stage and actually mugs still selling!

and then we'll see if I hang on or ditch these.

I do not like this chart, even though SYNC does not appear to be doing anything wrong. Today's sharp -8p to under 250p inclines me to say goodbye tomorrow if there is not a sharp move back.

....before the second lab reports on the JORC? They have had a month.

....don't hold your breath! This is IMHO going to need more than a 'following wind' to move the SP!
Positive cashflow would be a good start. Great ideas co and when it does happen, SP should rocket but not one to expect much from too soon.

....about the small secured loan. It is from a related party and therefore (one should assume) friendly. If Jim wanted ,he could sweep us all up anyway with his majority holding and he hasn't (yet). You are right to question the need te repay the syndicate as they did but we suspect they were dodgy and the Board were concerned ,I think, about getting California licence renewed. My view is that we are entirely in the hands of Big Jim. He will time his Out to suit himself and we either trust him and wait or cut out. While the states are legalizing online betting, he is likely to sit back and watch, so, for me, this is another bottom-drawer job, but I don't think the worst will happen.