Member Info for Retour_du_Renard

This could look like a hat shop by the end of the week.

Definitely 3 but murmurs of TSB are abound too.

What ever Lloyds offer. Vernon will come in higher.

Just keep that in mind.

By the end of this week.

Vernon is allowed (under rules) to show his hand this week.

Just keep in mind there has yet to be any denials of speculation in the media about bid considerations.

The longer this goes on the more institutions and financial units are likely to be linked.

Although I kind of agree this is nonsense. This stock just keeps surprising, wouldn't be surprised either way.

Also, looks like they are not reducing the interests rates either this week.

Just keep that in mind and with the Lloyds and Clydesdale (Virgin) hardly falling over themselves to deny the rumours, Vernon is going to have to put in a pretty tasty offer to scare off the opposition.

Lots of news due this week.

Vernon Hill is allowed to make a bid / buy more stock in 2 days time.

JTM - Disagree as the story indicated that Lloyds were pondering an bid not that MTRO had received one. So eat onerous of denial is with Lloyds.

Also, you don't run a story like that without some serious sources in place, otherwise you could lose considerably credibility and not only get sued by both parties for perpetuating a 'rumour' but also a slew of other allegations.

I think we are about to see more hats being thrown into the ring and these 'ponderings' being firmed up in the next few days.

So surprised people trying to make out this is fake news.

If you have any experience in the city then you know fake news doesn't last long. NO ONE HAS COME OUT AND DENIED IT.

Don't listen to the shorts panicking and bricking it on here. Lloyds have had all weekend and this morning to quash the story but have chosen not too.

It's customary for both a listed company to issue a denial as soon as possible (they are often asked by the FCA to do so if false). I highly doubt a journalist/financial in a position would risk their career printing a story without verifiable sources.

I wouldn't give SP any creedence at all.

All they do is look at popular shares and trash them with Click-Bait titles int he hope investors are dumb enough to pay for a subscription.

Look at their tweets, hardly anyone responds and their website stats show people are not visiting anymore.

Set to ignore.

I think some folks think I'm being tough on them (I do still hold here) but these guys need a kick up the a55.

There are 8 of them no burning cash and to put out unaudited results and a rehash RNS with a 10 minute facebook page is deplorable. If you been here since the WDC days then you'll know just how many promises have been broken.

Frankly , they need to call a shareholder meeting.

Pommy - Facebook - My gran has a facebook page. I'd suggest also that the gay community don't use FB.

Hardly groundbreaking progress, how long did that take to set up 10 mins?

The claim that GSN Ltd made £500k+ in revenue last year is a little dubious to say the least. They closed into liquidation in July this year (a few days after gay pride month !)

A quick check of the site and you can see they don't run adverts and are 'sponsored'. The site hasn't even been updated since July, not even a 'coming soon' .

A look at the Companies House financials below give a pretty good indicator as to why they needed to close.

https://companycheck.co.uk/company/07719609/GAY-STAR-NEWS-LTD/financials

No Contracts
No website
No share holder List
No update on prospectus
Very low revenue
No director Investment in the company
David Sefton (!)
90% drop in share price
Angling to borrow more money to keep the lights on.

Step back . Which ever way you cut this, it's terrible.

The only thing I would say is, I can't believe that after so much volume over the last few weeks that we have not seen a TR-1 either way.

They are the Buzzfeed of Financial media.