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Can't get a sell on HL for anything more than 99 shares.

Any idea why? Is the bid about to drop maybe?

I see something happened but I don't fully understand what?!

Always interesting though.

The way I read it is they will return £21M to shareholders when this reaches 19p, so about 4p/share return.

Is that what they are saying?

Presumably once that happens the company will be worth less and the SP could fall back again, and the discount to NAV might still remain.

I think the only way they will ever get the SP to reflect the true value is start generating profit and pay a genuine divi from the profits, then investors will take notice and the SP will rise.

Maybe.

Still watching....

Another 300,000 shares, increased my holding to 500,000 shares but also raised my average cost - not something I really wanted to do but hopefully it will pay off and reap some big rewards, help me to claw back massive losses elsewhere, all my own fault really.

Maybe I'll get it right this time?!

I think it's a trick - if you sell at 1.9 then try to buy back it then won't give the lower price, it places the deal at 1.935!!

Mental.

Been like it for a while...

Now 1.9 to sell, 1.851 to buy???

HL giving me a sell at 1.86 but can buy at 1.851???

Makes no sense.

Yes, the next time we will see confirmation of their revenue, debt etc. should be the results for year ended 31st March 2025 and should be posted late July, up to 31st some previous years.

That should be interesting to say the least.

No doubt there will be plenty of other news between now and then.

Nice post raharh.

SP drop this morning a bit disappointing and not what I expected or hoped for, but should recover well in Q1 '25 all being well so looking forward to that. I did manage to sell some this morning and buy back lower so not all bad.

Interims early this year, early Christmas present.

Nice one!

We should all be focused on the upcoming interim results.

Last 3 years they were RNS'd on 21st/20th/21st respectively. If we are to assume the same this year we should have them on or before Friday 20th.

Given the recent acquisition - paid for without any raise - and all the other building blocks they have been putting into place it should give us some idea of where this is headed. Up is my guess.

No reason why the SP shouldn't rise steadily into the interims then continue to rise when posted.

Looking good.

Hi eviking,

Sorry, not holding any here just now. I did but sold out - with a profit! Still watching out of interest but not sure if I will ever understand what's going on here.

Mind you, not sure now if I ever really understood what I was doing as it all went "a bit wrong" to say the least.

Still watching though.

Nothing showing since 12:26 today, is that unusual?

Just seems odd to me.

Thanks for civilised responses, would have expected loads of abuse for such a basic error!

Apologies again.

@ whistler51 - well spotted, my mistake, apologies all.

@ JiffyBag - yes, sorry, had HE1 page open at same time.

Apologies again to everyone. Shame, took me ages to work it out as so many 0's involved!!

🙂

1.4p = 1.8c = 55.55 shares/$ = 55,550,000 shares or thereabouts, so the 60M treasury shares would cover it.

Already 5.91 Billion shares in issue, extra 55.55 million = 0.93% dilution. I think.

This is from the 29/02 RNS re. completion of Semnet acquisition:

Further details of the Acquisition

The Company has acquired 66.67% of the issued share capital of Semnet for a total consideration of US$1.8 million in cash and new shares of no par value in the Company ("Ordinary Shares"). US$800,000 of the total consideration is payable in cash ("Cash Consideration") and the remaining US$1.0 million through the issue of new Ordinary Shares ("Consideration Shares"). US$580,000 of the Cash Consideration has, or will shortly, be paid and the remaining US$220,000 is payable four months from Completion.

The Company will issue the Consideration Shares on the nine month anniversary of Completion, or on any earlier date designated by the Company giving not less than seven days' notice in writing to the vendors, at a price per Ordinary Share equal to the average of the middle market quotations for a Consideration Share as shown by the daily Official List of the London Stock Exchange for the last five full trading days immediately preceding the payment date.

I make 9 months to be 29/11 i.e. next Friday. $1M worth of shares will be issued at whatever the mid-price is next week.

Calculators at the ready......

Maybe 1.25p per share = 1.6c/share = 62 shares/$ = 62 million shares.

Does that sound right?

Hi Bergcarls, do you think I had £670k to invest here, or anywhere? I wish!

My PF is so f**ked I don't have anything to invest, and everything I hold is at a huge loss so I can't even trade my way out of trouble. Too many poor choices followed by even worse decisions have left me about 70% down.

Not me I'm afraid but some brave soul. Maybe that Richard Griffiths chap trying to increase holding to force a sell off, return of capital closer to true value?

Still watching. Can't do much else.

Film your boots?

Yeah, why not?

🤣

Looks like it.

You'll just have to abuse, I mean amuse yourself now.