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There should be an announcement of any change in status of options.

I am still waiting. But share consolidation has been done, the directors have bought, and cash from the sale of Tax should be with MXCP within about a month. Should Liberty Global acquisitions be structured in the same way as SICL, and ignoring other cash/facilities, MXCP will then at the very least have funds at their disposal to take part in acquisitions costing up to about £90m.

Castleton's position within the thriving market seems straightforward. It has recurring long term revenue, so the main risk comes from the potential of new entrants winning existing contracts with better solutions. That risk is minimal, given their now established position as a focused major provider with a full suite of fully integrated products, in-house product development, and given the barriers to entry and the cost to contracted customers of switching from satisfactory services. Castleton seems to be progressing steadily, and must continue to anticipate and satisfy the future needs of current customers, it's model being based on the existing large customer base and cross/upselling, and attracting new customers over time. One must remember that it has only recently gained full referenceability arising from complete suite implementations, to secure the larger and more lucrative fully managed services contracts. On future bottom lines, after next results, Castleton ends licence fee payments of £600k per year for the popular Agile mobile this month ( with no additional final payment as per original terms ) whereupon it comes at no cost to Castleton. I anticipate steady progress will be shown over the current financial year, and for future periods there will be a significant amount of free cash when set alongside the £617k operating profit in the last 6 month period. That is probably at least partially behind the announced intention by RNS but not yet formally declared to pay a (small) progressive dividend for the current full year.

I try not to guess at such things. I believe that many of the larger trades here are brokered between parties off market by FinnCap , and then notified. I do not think transparency directives are always followed.

It did not print, but I intended to add that I am entirely content that Castleton now has the right staff, abilities and structures in place to compete well. It has been documented here. It just has to do more of the same, and keep doing it.

Thankyou. I recently read a piece during which the point was made that despite the uncertainty surrounding Brexit in other sectors, investment has been flowing into social housing, with associations locking in capital markets' investment rates. It is a thriving marketplace, and beneficially to my investment is here to stay.

I cannot see a special dividend as likely, or as creating interest to non shareholders, whilst appreciating that long term holders would perhaps not wish to inject more cash into what has for them been a poor investment. Having spent 9 months in limbo, I still await acquisitive steps that I believe will create shareholder interest ( something that realising gains has failed to do ) Should MXCP reach £1 ( perhaps more ) this year, that will I think represent a satisfactory outcome for more recent investors, with hopefully a recovery to previous levels.

With the cash they have, and the ability to bridge if required, and structure deals, they surely must move on. They are at least trying to signal they are working towards that.

This is the first notification to shareholders - it was previously published on the website, and has taken some time to bring it into the company structure. Headcount has increased by 5 since December, and I read into the RNS that further expansion is anticipated.

It might. But I have no idea what they have in mind. Liberty and Mxc co-investors would need to consider the outstanding loan notes to Mxc and others. But they have something in mind. I am pleased exposure to Adept is now relatively low at £600k or so, with 'strategic options ' whilst holding the fort being considered.

They have invested heavily in Ide. If Ide reaches 4p this year, and 50p longer term, as you suggest is possible, as an MXC investor I shall be very happy.

It is almost starting again. Very broadly, when it receives the £22.7ml. I think the company will have better than twice the cash position it held 'at the beginning' plus the assets in Ide and associated arrangements, Adept, and the private concerns and whatever may or may not flow from those. It has reverted to being well positioned from a forward looking perspective. There are the partnerships with Ravenscroft and Liberty Global (SICL acquired) and they are seeking more. There is no point in the Liberty Global buy and build sitting at one buy. The 'bad' news is likely out, and it is a matter of what happens next. The owners want to increase their personal wealth, with shareholders hanging onto their shirt tails. They need to move on. But it has not paid to hold one's breath.

I trust the company will now put the cash to good use and persue the Liberty Global buy and build.

Recommended cash offer.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=TAX&ArticleCode=tbqj9y69&ArticleHeadline=Recommended_cash_acquisition_of_Tax_Systems_plc

It is yet early days as year end approaches. Results will be additionally sweetened with that small dividend for the current year.

That finalises the promise to Ide. The focus is now back on Tax, with I suggest Mxc Capital's expectation/hope that Bowmark/Newco will notify a firm intention to make an offer at the possible offer price of 110p, by Thursday end. Tax buyers have positioned themselves, in the belief that there will be a sale at that price.

Mxc appear to be trying to push this along. Their irrevocable undertaking/firm intention date being considerably earlier than the firm intention date required by the code.

Mxc is doing in this case what it professes to do. Buying, and selling at a profit. The sale will bring cash for future prospects and current promises. There is a way to go yet, but Newco has been formed to shepherd the process. The firm intention last date and the AGM coincide, with consolidation effective the following day, 15th. Feb.

More to the point, it is widening the shareholder base, at no cost to other shareholders.

One assumes there is major investor involvement.