Member Info for rickmeister

At The Market. Its a form of new share issue, I believe

This should not have been a standard spike and fall back, read the RNS of 26th June it details 2 separate agreements with LIlly (then Globalco) and a developing relationship and use of their resources. Lilly spend $5b per year on R & D, if Hemo need some funding then no doubt Lilly will be first place to ask for it.

Monty. I agree with you wholeheartedly. Dish's target market are smaller owner run outlets, cash management will be crucial as they restart. Small businesses are often very loyal to suppliers and trades and maintaining existing and picking up new customers now could pay good dividends as restaurant business, hopefully, improves. Fingers crossed we avoid any serious second wave.

If it was them then it looks like they are managing the info flow more conservatively. 4 days before the 1.2m buy is posted. Any TR will probably not be until tomorrow or Wed.

Lilly are a sizeable company. Revenue in 2019 at $22b (£17b) and spent $5b on research and development. GLA

The current BoD, who are getting more criticism than is strictly fair, realise that the funding arrangement with EHGO is not a good one and are keen to steer the co out of it and into more traditional forms of raising funds, either debt or equity. The former preferred, if pos, as it avoids further dilution. Their main focus is to restore the balance sheet and improve the income flows. Any income is an improvement as the last BoD achieved diddly squat in this regard. The current BoD took on this company in a truly parlous state and frankly if they achieve a turn around they should get investors congratulations. Each investor will be in a different situation. LTHs may never see their investment fully recoup but more recent traders could realise profits from day trading or a longer term view. Everyone invested here must, by now, know what the company has got into with the funding from EHGO and that it will be a while before they have exited taking as much profit from the share value as possible. Stay or leave is everyone's prerogative but there is little point is complaining about the situation as you can't change it. The value I have left is so little I'll stop for the ride.

Actually you can book from 1st August-the date they have said since mid June is when flights will start again. Lets hope that they can re-start a service then as the co have stated they have enough money to survive, without additional support, until end August. Its tight but fingers crossed. I can't see that it is in either SA or Zimbabwe's interests to let this service fail. I'll hold until the picture gets clearer.

Cant see why they would stop now. Can't be a bid for the co as too many shares in individuals hands. Maybe they have had discussions with another shareholder. I'm going to stick around to see what unfolds.

Moob

This is a company were a substantial no. of shares are held by a limited no. of people, some directors, Mr B Thompson, who via one of his companies lent CTEA £150k earlier in the year and now the HIggs who have amassed a 6.9% holding in 2 days, starting on 30th June (before the rise). I haven't worked out how many shares remain for free trading by others and I haven't checked out all the TRs but my point is that of the 213m shares issued a considerably smaller no are available for free trading.

Can we have an exit of ehgos?

Where are all the naysayers now, posting poor info last night. Are their shorts on fire?

There is some very poor info going out on this board. It is not a placing but an exercise of warrants at a pre-agreed value (4p). The warrant holder can sell or hold the shares. May well sell for a profit but as 10m share are just 5% of the co. it is not a dramatic no of shares. If, as some suggest, this was stitch up, its a poor one as the RNS would have been better released on the day the warrant issued shares could be traded. If, as has been suggested, the price may drop to 4p or less tomorrow how does that help the warrant holders-their shares will be worth less than the exercise cost. If the company has a genuine track and trace app and can sell it worldwide today's price will look modest.

It looks form their website that they intend to start flights on 1st August

With all the interest in this company the MMs will work it for all its worth. Like TILS we need patience. Bad pun.

All that said it seems unbelievable that we have an excellent RNS today, 3 speeding tickets and still a subdued price rise. Not even on the leader board, it just don't smell right.

Wouldn't get too excited about the pre-opening prices in the US-they have a habit of changing as the day goes on and we get nearer the bell. I think our SP will push on as we get nearer to their opening, however.

Now seen. LSE can be very slow with posting RNS's. Roughly 15m new shares issued for no cash, about 4% of the shares in issue. Business update expected around 4th July-enough cash til end of year but new money will be required but BoD says unlikely to need a new share issue so assume looking at loans.

Quelle surprise, 5 days before pubs and restaurants open the SP quite dramatically drops on no news. Do I smell MMs cooking some books? Revenge is a DISH served cold, I'll hold.

Can't see a 2nd RNS on their website but there is a press release relating to the earlier RNS