Member Info for Otherwys

"nothing more can go wrong in Zim" Those words might haunt you! What happens if there's an internal power struggle once Mugabe shuffles off? I could certainly see Zim getting an awful lot worse within a few years, which is why although I like this company, I only have a small holding (and it's pretty much a free carry too, so nothing to lose). GLA!

Based on what's happened previously, looks to me like this has gone up as far as it will (for now). I expect there will now be a partial retrace, unless there's new news in the meantime. In the absence of anything significant to report, I would speculate next update in a couple of months. And yes, I am hoping there will be a retrace as I'd like to stock up a bit more when funds allow... GLA :)

If a rights issue materialises I would be in for £10k.

That starts to feel worryingly close

Anyone know if there's a time limit on how long an AIM share can be suspended before it gets delisted? Thanks Otherwys

This may be the top - for now. What will the price do when the next trading update comes out? If they announce another upgrade to forecasts for the year, the 400's will be history. Based on recent history, I wouldn't rule that out as a strong possibility.

Count me in too if I can help in any way Chartered Accountant (Financial Services not mining!), not yet retired, experienced in change management and process simplification... spent 3 years just up the road from Dubai (RAK for those who know the area) MrP - I would suggest it might be worth getting your ball rolling before the Bondholders' meeting if possible; a negative outcome from that meeting might curtail options, whereas if bondholders are aware of "something brewing" that might have a positive influence on the outcome of that meeting. Good luck to all... think we're due some!

After going through the slough of despond with this share yesterday, reading your comments has brought me a slim ray of sunshine. Thank you both, even if your efforts on behalf of DCP (and us all) don't eventually bear fruit. I must say the vision of a DCP free of AMCU is very appealing... I don't have the connections you guys seem to have, but as ever if we can get through this I'd be very happy to be a part of the Phase 2 funding. Please keep posting on this board - your comments are invaluable to us all. Otherwys

Not quite sure I understand the logic of appointing a joint BRP alongside Deloitte at this stage. Can anyone shed any light on this? I may be clutching at straws, but I wonder why would they bother adding additional BRP resource into the mix at this stage if there was basically no hope of resuscitation...

I would tend to agree; although you could argue if AMCU win in this situation then they'll forever have Lace over a barrel. Of course, we don't know what they're asking for, and it may be offensively unreasonable... but otherwise, yes, must be better than going bust.

I agree. We are at the start of an exponential growth phase for this industry, and Blue Prism have first mover advantage. I work in Finance in Financial Services, and talk about Robotics is everywhere at the moment. In my view this will replace outsourcing/offshoring - it's cheaper, faster, easier for the company to control what's happening. The potential is huge - I expect PRSM to become a multi-billion pound company over the coming years. Short Capita, long PRSM - all IMHO of course, DYOR etc :)

I don't think we would see it if there was support from them; however there was support from major shareholders for the placing (apparently), so I would be very surprised if they would now be happy to let DCP go down the pan. I would be very happy to participate in a rights issue and I agree that if we signal strong support to the Board that may give them a little extra leverage. GLA

Feels like an imminent deadline threat hasn't had the desired effect, new approach is to take the pressure off a bit by putting in a "long stop". I'm guessing IDC don't like negotiating at the point of a gun. Also, probably cheaper to make a single change to listing date now rather than change it every few days. GLA

I haven't tried PG direct; I asked my broker and got the brushoff ("not for individual investors"). If you have any luck with PG I would be very interested to hear what the process for buying into this placing is... taking into account warrant exercise price, it gives an average share purchase price of 2.5p, well below my current average! GLA Otherwys

You're absolutely right and my original comment was at least a little tongue in cheek - I certainly hope he's not that stupid!

Given the RNS this morning, feels like there have been rumours circulating about whether changes in Zim have affected our cash receipts. I wonder if that's in part been the cause of the recent drop? As long as this RNS has squashed any fears in that regard, it should remove one downside pressure on the share price anyway. IanBowmer - agreed that insider trading is a crime, but given DR is in Zim, realistically if he was insider trading who do you think would be locking him up? I don't think the powers that be in Zim would care. Anyway, this is AIM - insider trading happens all the time - just look at share price movements pre-RNS in pretty much any stock. I'm not condoning it, just highlighting it happens and the regulators do nothing.

Not put off by Dana Roets selling all his shares then? Hopefully he's just buying a new house, not in the know about something dreadful...

Anyone have PL's direct email address? I'd like to send him a message of support. As someone mentioned yesterday, he must be feeling pretty low right now. Alligin - wish I could be at the AGM; just want to reiterate I'd still be willing to participate in any fundraising to keep DCP alive, and ask if you could (if opportunity presents) raise the suggestion noted in the article quoted yesterday - that we hire or borrow a drill rig to get us producing diamonds again well before the 12 week reconstruction period quoted in the RNS. Many thanks and GLA - we've had more than our fair share of bad luck here, fingers crossed the tables turn our way before it's too late....

Hi Alligin, Just thought it might be worth posting your suggestion on the other investment chat forums too (ADVFN, iii, any others?) - would probably bring a few more PIs into the fold. You've probably already thought of this :) Otherwys

Can anyone interpret that RNS?