Member Info for Revelator

Can't believe no RNS re last night's sale!

http://www.hemscott.com/news/static/rna/item.do?newsId=111432930310208

Michael Danson selling for 13.5p, it's his shareholding.

Someone bought 30% of the co at 13.5p.... :O:O:O

Interesting research...

A bit excited by that news?

Sadly not. It's a very quiet and understated place, with a socking great river at the bottom. It may also please you to know I visited a similarly named town in Uruguay, called Colonia. Please note these were coincidences and not part of some sort of anatomically themed voyage...!

I was in Colon in April. No joking. Pretty town.

Seen it now....

All I can see is alot of RNS's from KBC Peel Hunt? I assume that means they're buying or do they have to release these due to being an MM?

C2Hill or whatever they are withdraw bid....with a nice profit on their 2.45 shares. http://www.businessweek.com/news/2010-06-30/urs-agrees-to-buy-scott-wilson-with-higher-bid-as-ch2m-bows-out.html

Get in!

What that 266 showing as a sell was...

Is another that may be worth a punt. Big inst's still buying at current price. I've reached my self imposed investment limit tho so can't invest till I sell, but arguably a better upside than here as SP is only 3% or so above latest bid, vsnow almost 10% here.

Why.

Is that they seem to have no cash, and burn alot of it.

And I noted they raised £750k in a RI at the end of last year. price was 1.125p, what surprised me was how quickly the SP went below that....normally it holds there for a while. not sure of the reasons for that. Looking at the segment analysis it appears illuminex has the best prospects, the other segments seem to be cost heavy and weighing it down. if this co was just Illuminex I'd be right in. Still tempted though, last year appeared to see a 30%ish rise leading up to results, so just on trend alone may be worth a try. But the co is still heavily loss making so, as you say, risky.

So I think 0.2 is a bit too high.

The SP has fallen in expectation of a large RI? This co seems to have fingers in too many pies... I am interested, though.

I listened to your warnings and sold at about 14p for what I put in, iirc. So thanks :)