Member Info for Pugg1ey

is this why it was released at the last minute. I know going concern statements for AIM companies don't always read the best but this was the last bit.

The Directors have concluded that the combination of these circumstances represent a material uncertainty that, if they were to transpire adversely, may cast significant doubt upon the Group's and Company's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the ordinary course of business. Nevertheless, after making enquiries, and considering the uncertainties described above and mitigation strategies in place, the Directors have a reasonable expectation that the Group and Company will have adequate resources to continue in operational existence for the foreseeable future. For these reasons, they continue to adopt the going concern basis in preparing the Annual Report and Accounts.

I think you may be over egging the pudding with your definition of a spike:-)

rabbit still to come imo

Do you post here?
I see you like to keep MWG management on their toes:-)

I reckon that rabbits is on its way, but then again as a holder I'm biased:-)

Maybe but I'm going to keep hold of my stock here. Good recovery play plus positive news could drop any time. Will be interesting what they do regarding the open offer as at this moment they are not going to get many takers....

I'm still in. I think there is a rabbit coming out of the hat from Sunup plus Gibraltar is still ticking along and they are being paid for the work. Nowhere in the going concern funding requirements did they mention about equity funding.
As for others, AIM traders eyes will always be drawn elsewhere as it is so short term for most (with some justification)

the initial market actually marked the price slightly up this morning. A net of 300K in sells suggests a few PIs believing they can make their money work better elsewhere.

what I am assessing is why Sunup has put up £500K of its own money at a premium to the SP when they would have seen the books, added to the fact they have the incentive of warrants at 13p.
Looking forward to the jam here:-)

at least they can't sell on the news.....

play the game of matching yesterday's trades with today's to see which greedy (stupid) day traders lost money. An early contender has lost £1300 for a days work

you are Mr 35K trader. Do I win £5?

I think the poster misheard some advice
They thought they heard
'Buying Kellan is a no brainer' when really it was 'Buying Kellan is a no, Brainer'

I think you need to stop trading shares

this is the trouble when you have a large shareholder (62%) in an AIM company.

interesting to note on 10th July they did a premium placing with a potential JV partner to raise funds. Now look what has happened this week....just saying:-)

Agreed again. Can't see Sunup P**sing away £500K for a laugh.

Indeed. I'm surprised Mr 35K trader hasn't come in for another try today :-)

Otherwise 11p share offer seems a pointless exercise

perhaps OPTI should give a trading update for the 3 months post results. That would let investors know how things are going at the present time.