Member Info for pablo2

The BoD have had no success doing anything for this company, except winning their leadership battle in January, in about 3 years. They surely weren’t so stupid to think they could re-build this company from the depths they had taken it too by January. Presumably they did think that way or why would they have given their loans for a few months? But looks as if they’ve realised it’s game over now.

Not sure whether going private will happen, funding won’t. If they manage to go private before administration will current shareholders ever get anything from it? I doubt it

They’ll need to issue a Holdings Rns anyway going from 3.82% down to zero

Thanks for that heads up on that 33,333,334 Sale - if it ain't good enough for Chelverton, it ain't good enough for me

Where are you reading that 33m was Chelverton's exact holding?

On our website Riverfort (closely linked to Chelverton) had 6.9% which equates to 60m

Yep, been reading the RNS's back for about 9 months and not happy reading in the past. Before suspension because of accounting discrepancies and then Wincanton failed offer it was 80p or more.

Besides obvious increase in trucking business of late, what do we think could be disclosed? Did all the accounting woes bring this down from 80p to 10p?

Welcome back - the whole world has changed but we’re just mulling along, making good progress, very apprpriate mgmt team well experienced to the general area we’re in. Results in April, funding needed but very unlikely any placing.

Looking good and reckon you’re lucky with your new entry price

Great news for shareholders. We all know Italy moves at a snail's pace but looks like our's has just quickened up.

Any out-of-court settlement will speed this up by years

Thanks for posting that you'd recently met the now acting CEO. Your confidence in her and the lack of impact DB leaving will have is reassuring.

They're still waiting for some bureaucrats in Togo to dot a few i's and cross a few t's - should be any day though, only taken about 6 years !

With that fairly mini-funding of about £300k, does that mean we've already got the remainder of the $1.5m for the expansion plant? Not sure myself, anyway fairly upbeat update.

Haven't been posting since demerger as in heavy discussions with mgmt about some CAI shares we feel robbed of by Selling down our holdings on Nov 20th. Hopefully reach some amicable solution one day

Unfortunately, there doesn’t seem to be much future but surely besides the BoD voting for themselves, there must have been some reason to vote for them?

A lot of folk like you are Selling out so it’s no wonder what is happening to the sp but I think I’ll wait to see if I can get a little better price

Thanks you two for responding. KoK I am in contact with Dan so hope to join that group but like to keep something going on LSE after all these years

I'm afraid a lot of disgruntled holders have felt to exit, and no-one can blame them. I'm holding to see if there is anything mgmt can do to engineer a little spike at least.

Surely they need to hire someone up with the industry to try and at least show some purpose

Not a very chatty board so far yet quite well traded today.

Was wondering how normal such volume was and what’s driving the Selling?

Taken a decent position, for me, now and optimistic about the company

I heard a recording of the minimal allowed Q&A after the vote at the EGM.

Tatnall said about three sentences including, "get the gas site funding over the line and cemented and formalised despite slight hiccups in the previous 9 months"

So, hopefully, he'll get over his hiccups soon, though I doubt it

Deal me in

I worked out that out to cost even less but now see you are right. Obviously, the sp would go up with such Buying but we get the gist.

Difficult to see where this company is going now : Hire someone who knows the electricity business to try to replace Lazarevic; get some immediate funding to keep the directors afloat( lol ) ; and presumably whitter on about we're nearly getting massive funding sorted for our fist gas-powered sites.

Presumably, those few who voted with Tatnall and Longley must have some hope/idea for our future. We've lost our main, or is it our only, source of income with losing Rockpool mgmt contracts. Whether we will actually push on with some sale of our 45% ownership of our diesel sites (probably at firesale values) is quite possible.

Unless we can get another GM later this year and a new BoD there is only one way I see us going ------ UNDER.

Well miffed about today's result and daft how major players could not purchase more to influence the result. Bottom drawer looks like for quite a while

Our wonderful BoD are voted to stay in control of this wonderful company going nowhere

Just in case anyone's wondering who made that massive trade today of 510 shares, look no further, it was me.

Pretty well doubled up my long-term 'holding' if you can call it that as it's been decimated, consolidated and basically thrashed through the years. Hoping for a better 2020 and get this funding done.

Can't see how the finances are ever going to work out here. We owe Eufingest so much and we've just got a **** poor price for Mediapolis Land - what, beside all these 'new ideas' (ForCrowd, crypto ) is our main asset? Is it the planning rights on Mediapolis land?

Been here so long but only think about it a few times a year, please enlighten me

You're going to ask Tatnall and Longley to defer their salary until the sp gets moving ?? Good luck with that.

It is good that you haven't joined the herd and offer some reasoned advice to question the newcomers but I think you are giving the current BoD too much credit and leeway. What has been achieved in two years, absolutely nothing that I can see. This company needs funding to progress and I believe the new guys can get that funding and also they are on much better terms with Rockpool who the current BoD have completely fallen out with.