In the unlikely event that anyone was thinking of going to the meeting on Monday it’s been cancelled due to lack of interest. Just as well I found out as I nearly bought a train ticket to London which is about the same price as a flight to Spain.
Mr Wardle also has 18500000000000000 shares exercisable at .004p . Sorry lost control of the noughts. Really hard to see what’s in it for ordinary shareholders. I’m feeling all the support this company has got over the years from ordinary shareholders and now being screwed to hell. Thanks Nige . Top bloke. Don’t bother asking if I would recommend to friends. I would not have any if I had.
One of two outcomes here, either N4p is the most undervalued company in the history of the stock market or we could get taken out for 1p. Or they are genuinely going to build a company with long term development and revenue.
Dont we all wish we’d never heard of Nigel. Anyway we Anyway we seem to have gone from a one man band to full orchestra. Maybe the man from Testra can make some noise
This company always was a complete joke right from the IPO. The first founder Yani left because of Covid dumping his 12 million shares on the open market which crashed the stock from £1.30 to 80p . A more selfish bunch of losers it is hard to find unless of course you count Bitcoin. Hope none of these useless directors are ever allowed into a public company again.
Bit of a crazy mixed up bag. On the one hand the outlook is uncertain and tops sensitive to forecast . The ceo thinks cash will run out before the end of July and the chair thinks it will last at the least to the end of July. Do they ever talk to each other I wonder. I suppose it is placed with all the usual caveats, but it doesn’t half look like a conspiracy to make sure the moving average is as low as possible for the placing.
RE: Article in the FT featuring Vinanz29 Jun 2025 17:06
Zak Mir predicts a lot of things solely based on momentum I.e lemmings. How much does 5 million of bitcoin coin cost? Certainly not 80 million. After debt, management fees and share options I cannot see how this stacks up against simply buying your own bitcoin. Have I Horribly misread this. Can’t see what I’m missing apart from 75 million.
RE: Article in the FT featuring Vinanz29 Jun 2025 16:06
So £5 million of bitcoin for 78 million market cap. What a bargain. Sounds like a Lenigas, smells like a Lenigas, probably is a Lenigas. Yes extremely over bought. Share options are hilarious too with debt as well. How can I resist? Easily
Yep. I thoght that number was not impressive. I did mention to PH at Vox that I wasn’t sure about her maths ability. He say a lot going on behind the scenes so wait and see what emerges in next RNS. They are a client of his, so he won’t say too much till news is out
Director purchases are quite cautious at the best of times . The Aberdeen bird was quite dismissive of the company being taken over saying ‘well nobody has come forward yet’. I imagine they lost quite a bit of money on this. Lord Lee is absolutely sure this will be bought. Sure it will need careful consideration no one is going to blindly jump in. Next trading update not till October. The buyback will certainly help reduce the decline in EPS. Balance sheet is strong and on the more positive side the expenditure on regeneration the move away from sugary drinks and tracking the market’s new health trends should bare a lot of fruit. Again it’s not going to happen over night , but if it does go to plan they could be back over £4 in twelve months if not taken out before then. A lot knee jerk reacting in the market at the moment patience required .
The first mistake was taking approval for granted last October . Then she said it wouldn’t hold up the company progress, which may be true to some extent , but not being able to invoice for 8 months clearly dried up their income despite cutting running costs to a minimum. Will the results come before or with placing news. Obviously broker will be privy to this information. Don’t think getting the placing away is a problem . It’s how big the dilution needs to be and at what price. They have had precious little time to show how fast cash generation is increasing . If it’s being maintained or increased on 68 per cent we should be ok. At such an early stage in commercialisation it will be hard to prove its true valuation and if projected forecasts are believable.
There is a privacy disclosure from one of the biggest clients about to expire. Quite why it was there in the first place I don't understand. Paul Scott touches on it in Vox market interview. For me it’s worth keeping your hat in the ring as it is very volatile . Any significant news and it will be hard to get in. Likely to be quiet for a few more months until they get the new lease equipment they own in production at the moment.