Member Info for rickmeister

Read RNS 12th March - says they have enough cash to get well past anticipated restrictions. This is a Co which focusses on hygiene so new product is an extension of core business - not just a cynical plot as suggested by some.

Look at the news from ocado. Steady Eddie must be flat out as we!!.

Yep but unlikely to match NY

So was the late drop in SP by the MMs just a device to spook some shareholders? Surely they must know we can see what is occurring across the water/

13-14% up in NY. Which market is following which?

Thanks for the comments on spread. Narrowing sounds like s good thing?

Why does this share always have such a ridiculously large spread.

Appears to be a much bigger hit here than across the pond.

Today the new shares are showing in the total of shares in issue, all yesterday it was only 523m today 700m ish so even though the sp has dropped the cap val is now £13m, up from £11m. Not too shabby.

Nice idea but I regret unlikely. Periods like this, as did the financial crisis, tend to concentrate wealth to the wealthy. As asset values decline, as those less wealthy have to sell, the very rich acquire them cheaply. This was how Howard Hughes became wealthy as a result of the 1930's depression. The other day oil producers would have paid you to take their oil-if you had enough money and storage you could bank this asset cheaply for the future. I suspect the Jeff Bezo's of this world are buying stock at much reduced prices. Would be nice if history doesn't repeat itself.

Pocko. I can assure you I am just as frustrated as you, having been a very, very long term holder and you comments are well founded. As I understand judicial review it looks at the legality of a decision ( or in this case non-decision) but the courts cannot make the decision. All we might get from a judicial process is a ruling that the Government or CAB has not acted lawfully in not making a decision. Whether that, after the process, would expedite a decision we can only speculate on. One has to be careful not to lob a grenade only to have an Exocet returned!

My career has been in property development and having experienced similar situations (though rarely as long) I have some sympathy for KB. Once you press the legal button the politicians have an excuse to stand back from negotiations or a decision and let the courts decide. I have no experience of the Swedish judicial system but I suspect it could be protracted and expensive. With the current covid pandemic nothing else is going to done by politicians and it gives them the perfect excuse for doing so. Sweden's approach to the virus is coming under scrutiny, both within and outside the Country. The government coalition is somewhat fragile and if their strategy unravels it could expedite change, especially if it also fails the economy.

Surprised their trade price was that much for a large buy. Good to see no silly dip late in the day.

Don't worry some of us are back in. Taking into account the dilution but cash in the bank we are, in real terms, about 15% up. I'm genuinely glad it didn't dip, as I said I rate the company just hedging the risk.

Tried a dummy sell-electronic quote not available. PS not selling

Looks to be on the move.

I think Gfin is a co with real potential and I will no doubt be back. Decision is just tactical and may not be the right one. Laters

Cheers, likewise.

Thanks. Normally a Placing/Dilution would result in a dip in the SP but I'm not sure if this will follow the normal pattern. Wise views welcomed.

The placing is somewhat complex and involves new shares and warrants. Here is an extract from the RNS relating. Resolutions, on 23 April 2020 in respect of the Second Placing Shares ("Second Admission") and in any event no later than 8.00 a.m. on 7 May 2020 (together, "Admission").