Member Info for Pugg1ey

someone is offloading a ton of stock.
I'm sure there'll be a bounce at some point
Just be careful you have a chair when the traders start bailing this afternoon

Thanks to Norbert C from ADVFN

https://www.modernwater.com/images/Post-H1-Investor-update---Oct-2018.pdf

the interesting bit will be who takes up the excess that I assume will now be on offer. My guess is Sunup will hoover up most of these if they can...

and they are a Director as well...

progressed well by cooking the books.
A fraud case if ever I saw one, especially with the CFO doing a runner

with lots of spare cash...

Wondering when MWG would get into SA. As always it is about the money it makes, but you have to be in it to win it.

The 11p OO was proposed in August/September. The 9p amended version was officially released in a RNS so I highly doubt it.

same OO just price reduced to 9p from 11p

I don't think munchbox cares about the dilution as they just want to trade MWG

Fair point.
It does look like Sunup are willing to support the company as they potentially see long term gains.
I suspect MWG thought something like Gibraltar would have been signed off by now but couldn't wait any longer.
I would see a plea for help as a bucketshop placing at 5p

Nah. They'll end up taking the whole lot at 9p.

hope so.
the undisappointing part is Sunup are willing to take up the slack, so if no positive RNS's they will be up to around a 14% holding in 2 weeks time.

and with the events across the pond the new price is now more than on the open market....

Ah I see they had to drop the price. Good to see Sunup becoming more and more involved (perhaps they'll buy the whole company.....) as I suspect the overall market is heading for 'choppy water'

ha ha yes indeed. must read the BB

If the placing is 'done and dusted' why hasn't there been a 7am RNS?

Bottom fishers of the world, unite and take over

these guys like to spend money.
After a year of including Yourgene, the £1.9million increase in gross profits was wiped out by the £1.9million increase in Admin expenses.

seems the battle with Illumina has taken them to the cliff edge. Talks of another fund raising soon after the one proposed today.
'The new CEO is currently leading a strategic planning process which is due to deliver a revised business plan in the coming months, when the directors anticipate that further fundraising will be required to support the execution of that growth strategy and also ensure sufficient liquidity for the business.'