Member Info for roger65

Can’t imagine a private client being very happy if they’ve been persuaded by Peel Hunt to buy £500k worth of shares at .45p only for Peel Hunt to take months and months to sell them at between .47 and .48 plus the transaction fees.

Not persuaded by this scenario. Any savvy investor would not chuck half a million quid into a struggling company to try and make a profit of 2 or 3 % over several months, especially if there’s only an MOU in place ie no guarantee yet the company is going places.

Far more likely they’ve been in direct communication with VDTK and know exactly what’s in the pipeline. Still no guarantees of success but if they were convinced by Rob Richards that in 9 months time the factory will be up and running and they’ll increase sales in every territory and that the sp will get back to over a penny and they’lldouble their investment in about a year and be happy to hold, not dump every share they’ve only just bought.

Actually it wouldn’t surprise me if there’s another issue of shares to creditors as they approach D day. Creditors will want to be reassured they’re not going to be left high and dry if the new Directors can’t put something together.

These new Directors are leaving it late to release any teaser RNSs. Far from trying to generate interest they appear to be doing the opposite and are keeping things very tight lipped. Now hoping it drops further as it’ll then be tempting to put another couple of grand on the table. Including today there are only 12 trading days left before this stock is suspended. Feeling hot under the collar anyone?

This is going to sink the company. Sp tanking and it’s already 80% down from only a few months ago.

Disastrous investment this one. Hey ho

Ah Maximus20 you just beat me to it.

Sounds promising. Hopefully when the Interim results arrive they might be accompanied by some other positive news too.

Maybe not then…

A lift tomorrow hopefully.

Fantastic news for GDR share holders.

New man cannot possibly do any worse with sales. Some vision and skill in this area of commercialisation and we’re off soon is my guess. Budd should have gone after last AGM when he was nearly voted out. I am almost certain RF will have been behind this. We now see the drawdowns recommence too…

Are you sure it’s Peel Hunt?

Seems very odd for a market maker to buy quite so many shares where daily liquidity is almost zero. At this rate it could take them half a year or more and they’d most likely have to sell at a loss. The profit from transaction fees would be fairly negligible. Just doesn’t make sense imho

?? Having just bought a 20% stake in VDTK at a whopping 40% discount why on Earth would they instantly look to shed a load of shares for slightly less money and well before any progress can have been made on the the MOU.

I’m more persuaded by the argument they will hold until the sp is back at 1.35p+ before Offloading a third and then put themselves on a free carry. Unless of course things really do start to hot up with Lindab and RTG sales. The sp was at 1.75p only three months ago and other than this placing and the dilution the company has actually only had positive news as far as I can tell. Wtfdik

Hope you’re right AHS

Down 25% in a week isn’t a good look.

Don’t think the UK has the balls to lead the pack and will doubtless drag their feet . Missing a golden opportunity. As usual these days with the UK financial sector.

Earl - ‘ could be the next EUA style rise coming

EUA did 30 bagger from 2018 to 2021’

I was in EUA from under 2p then didn’t sell when it hit 40p

Biggest mistake of my life. If POW does the same kind of thing I’ll try not to repeat it!

For now, I’d be pleased just to see this back above 1p but if it stays at current levels I’m seriously tempted to put more in. News on discoveries seems to have had a little positive impact and hopefully there will be more news of this ilk from various other properties owned by POW. Uranium could end up being the ultimate gold for this company.

How is Del’s list doing these days? Have the company achieved anything?

We are entitled to a TR1 but sadly not an explanation.

If the time to get things up and running in the new factory is 9 months from when a decision is taking then it’s looking like we’ve got months to wait until Rob Richards and his team can try and turn this company around.

Hopefully sales figures from Lindab and Metrotile are actually going well and will provide something positive for once.

So, by Eminem’s leave I think that means everyone should sell and come back in a ‘few months’.

Idiot

It’s happened before many times, and with Peel Hunt especially. Dubious way to operate but they’re in the City club so no one will ever look into it. They can delay the TR1 by 6 weeks I believe (happened with a small shell AIM outfit ITSARM) and totally designed to wrong foot pis and the market in general.

The BODs here are starting to look seriously questionable the way this is being handled so deliberately under cover.

Gl then Jimmy

Hedge - I say that in the context of the sp appearing to be very stable these last 10days or so. If it jumped to 1.8 suddenly on no news I’d put that down to another pump and dump. We appear to be fairly solid though which makes me think people are now set and willing to accept the risks. We’re too close imho to Sept 28th to jump in and out . News might land. It might not. I’m in now and not bothering with any more quick trades and, whether or not people believe me or indeed care, I’ve got over 700k riding on this. Profit to the brave (or foolish?h .

Gotcha.

Can hardly blame creditors for wanting at least some of their money back but the sp is nowhere near 1.8 so they’re going to have to wait a bit!

Jimmy, we don’t know the 1.6m were awarded to Zeus.

How do you know they are trying to sell shares at 1.8?