Member Info for ontarget

Don't understand why you're copying and pasting huge chunks of text on here? Hopefully everyone will read the actual documents.

http://www.mercomcapital.co.uk/aim_9Jan2017.html

Documents regarding the GM etc are now up!

Yes that sum seems to add up to the amount of trades at 50p we've seen since yesterday, so maybe the 618k wasn't a misprint. Director got 18k someone else got 600k.

I reckon that 618k was a misprint, should have been the 18k.

Director buys!!!!

Maybe they are real buys and the lack of movement is a daring bluff by the MM's to get people to sell under 50p?

That's what I thought initially, but the RNS said those options can't be exercised for 6 months.

618k now. That can't be a straightforward buy in the market as it appears can it??? Something to do with recent placings/options?

Does anyone know how nominee holders (i.e. most PIs with online accounts) will receive the circular? The company doesn't know our postal addresses? Hopefully they'll put it on the website as with the AGM circular.

It only seems unbalanced if you've been in a bunker the last 3 months. This rise has been fueled as you say by institutions buying. Zorbas has effectively been forced out by these institutions who have effectively taken over by force (to the great benefit of PIs).

Looks like someone had a little £50k top-up there at 50p.

This is nothing to do with Zorbas - do some research!!

This stock isn't a tumbler that's for sure :)

62p close today I reckon.

Yes, previous RNS said further details on the management's plans to be included in the GM circular. Should be very interesting!

Confirms warrants not listed but didn't expect them to be.

Resolutions passed! Warrants created and the expiry date is 24th August.

That's before my time sorry. I would have thought your broker would be able to tell you how many shares you hold and what they are worth though?

Actually that's not quite true, technically they will still be worth something during the 180 days even if the price is below 80p, based on the probability of the price going above 80p during the remainder of the 180 days. Afaik these warrants won't be tradeable though, although I could be wrong about that - it would be nice if they were.