Member Info for robmasters

Rob they have another 4 weeks and they are exhausting all credit facilities. Wouldn’t say they are exactly flying lol. 4 more weeks of trading though is better than nothing

David they simple can not trade insolvent. FCA will not let them , or the exchange .. unfortunately they are down to days now , not weeks .. could even be suspension and delist this week. That means share holders lose the lot

Looks like a delist if funding isn’t sorted in the next week. Stock exchange will not let celadon trade whilst insolvent. Requirements of listing are 12 months sufficient working capital. So looks like either lose the lot or potentially double your money. Big risk

Yes possibly. But the credit facility only has £650k left on it .. it’s been extremely problematic to draw down on buy even if they did manage to draw down on it all(which is very unlikely) they would only have another 1 month before they needed money again. Unfortunately I think it’s the end of the line for this company as the cash burn is just to high. It’s nearly impossible to keep feeding this beast at a spend of £500k a month

No he was legally bound to give the rest of the funds that he subscribed to giving months ago. Not a chance in hell he would be combine money at that price unless he had to. Look I hope it all works out for you guys but be realistic. The company only has enough cash until the end of this month. That’s factual so no point in speculation for now.

Guys you do know that this only gives them another 1 week of working capital , they still only have enough until the end of December . Then it’s a delist as they will be trading insolvent

They are going to have to update in the next week or so about raising money. If they have not raised cash then it’s suspension and a delist. Shareholders lose everything. Their last update said they have enough cash until December. I personally think they want it to go bust so the management can buy it on the cheap out of administration. Unfortunately the chances of shareholders getting completely wiped out are very high now. I’ve been scaling out when there is enough liquidity. Any money back in my pocket is better than none. Good luck to all those left in , you are braver than me. Company cash burn is just to high ( half a million a month) the cfo new it was the end of the line , hence why he quit. If the directors thought there was a chance of survival they would have gone on zero salary until things got better. Them not doing that tells me everything I need to know. Over and out

Well it certainly does look like the End for this company. Had some real promise but directors taking every penny it seems. Investigations from the exchange and FCA pending for sure

Have to say I agree with you. Company is a gonna. No way to survive in this climate with a cash burn of 500k a month. Directors taking full salary and screwing the company. Shame really

They can justify a 5p fundraiser if it’s the only option. Where else are they going to get the £500k a month to pay their outgoings. Unfortunately shareholders in this company are doomed

Well

Had some hope of saving my money here but it looks like is firmly game over for share holders . Only way to survive now will be another fundraiser and that will probably get done around 5p area .. such a shame

Called this 3 weeks ago on here. Taken half off the table at 80p now in on a free ride up to 200

Looks like it’s ready for the next leg up now into the 70’s

Looks like the charge north with the share price continues

Looking allot stronger now

Do you know anything about this company ? The company and its share price was flying , then the war started so the share price started to fall . Hardly a pump and dump. The company still makes an obscene amount of money. No more time on simple posters like yourself. Do some research before posting please

Most uneducated post I’ve seen on this thread. How can a company making hundreds of millions a year in profit be a pump and dump. lol keep shorting and see how much money you lose

Trump odd on for an election win now. Expect this to pump to even 150p area on confirmation of his win. Back to 300-400 within a year or so then. Big cash is going to get thrown at FXPO to help rebuild Ukraine

Been banging the drum since 40p on this . Every target I have mentioned has been right. You watch this go way over 100 next week. People know what’s coming , and that’s a trump win , end of the war and a massive stimulus package to rebuild Ukraine where FXPO will be a part of . Good times are only around the corner for this company now

This in for my target of 80p this week. Volume is really picking up and in a lovely bullish upward channel now