Member Info for roger65

Ha J-B. You're not the first to come on here and get all your predictions totally wrong. Cue system, Nissan, myself...in fact all of us.

I'm really not sure why or how people don't understand what's going on with RF and how they are going to make the most money out of GDR.

Step 1 - sell their initial tranche of 6.5m shares for as much as they can. If they don't make back their £2m for those shares then GDR need to issue new ones to make up the shortfall.

Step 2 apply for new issue of shares to make up for that shortfall at the lowest possible price (8% discount to the 10 day VWAP - tks for that jimi.

Therefore whilst RF still need to dump the sp will attempt to stay as high as poss but we've now got poor liquidity and also no news at all, both of which Budd said he hoped would be ongoing/forthcoming. So the sp is struggling badly.

Once RF are thinking of applying for new shares they will want to see the sp drop as low as possible and will doubtless have numerous brokers they can work with to manoeuvre it down for the 10 days needed. This is when I think we will see the sp drop below 10p. New shares distributed to RF and what will they want? Oh yes, the sp to climb as high as possible.

NICE are due to give out news on the stroke marker test mid December so I think, as we witnessed earlier this year with AIHL, we will start to see a turn in the sp about 10 weeks before that news is due. This will hopefully be a sustained and strong rise helped on its way by RF's various brokers. It may well go higher than we saw in March. At some point in December just as news lands I think RF will dump heavily, surprising everyone that the sp is yet again dropping on good news. Once RF are out the sp should finally recover once and for all. That's all in the next 6 months. It's also all conjecture but given GDR and David Budd's performance historically I think there's no reason to believe it won't go that way.

Yes HH. I wish I'd had £5k in when it was .2p... I'd have had to issue a TR1 but would have joyfully sold the moment the sp reached 2-. Don't think i would have had the melons to hold until 4p.

Well, we'll just have to see what transpires for ITS share holders from here on in. Have I mentioned squeaky bum time before..?

What? Like River Fort you mean? Lol sorry. Too easy

I'm inclined to agree but never say never...

the thing that sticks in my mind is how quickly this was turned around. Outgoing Directors happy to forego fees etc? Admittedly nothing on the line from the new Directors yet but if it's a slim outside chance of pulling something off then why bother? Craven at least is a busy CEO with plenty on his plate and just wouldn't need to waste his time with something spurious at best. Hence I feel there is something in the pipeline but no idea what. Anyway, got my holding and will risk it.

For all the 'expertise' posted on here I wonder if anyone can give me an idea why the likes of Black Rock might have dabbled here when the sp was at about 15p please? I don't imagine they are bothering to short ARB with a few £k. Just wondering...

If that much awaited bull run does happen and ARB are in its current state then the sp will climb quickly and many buying in now stand to make a hefty and easy profit. Just a question of patience and belief that btc will truly have its day.

Let's worry about getting back to 2p before ramping about double figures ffs.

Craven will know full well what Allwyn need though and they as yet have not announced any UK Listing, which is preferred and was stated when they were awarded the UK National Lottery. Most feel that's why they withdrew from the US listing they had lined up.

If they are going to operate the UK Nat Lott here in the UK then they need a UK listing as I understood it. Craven left on good terms so there's no reason to think he doesn't still have good relations and comms with the Allwyn powers-that-be.

Sure I'm leaping ahead of myself and will just have to wait patiently until Craven and Rohan decide to let the world know what they're up to, if anything. Wouldn't be at all surprised if there are some more TR1s due imminently which might also give us a decent lift.

Yes it is J-B. Probably in 2024 or 2025

Not sure it's stake building really. For some lucky buggers 3% of ITS is just punt money and worth the risk.

Hoping for news very soon.

Myles will have dumped by now

Looking at the timings of numerous events I’m starting to believe it could well be Allwyn that Craven has lined up for this RTO.

Apps - question for you as you’re well versed in this kind of market activity if you don’t mind:

Have you seen anything on a similar scale with a RTO before? Eg Allwyn with a mcap of over £7b reversing into a shell with a mcap of just over £1m?

Tks

150k chunky buy should set new support level @14p????

You really don’t have a clue do you?! Ramptastic .

I’m very disappointed there hasn’t been any confirmation of figures from DEVOTE funding and emailed the nomad to ask if we would definitely hear about this once it was known how much the funding package would amount to over the two years and the reply said it was likely we would hear in an announcement soon but only if the figures were deemed significant and worthy of notification.

That basically means if we don’t hear anything soon the figures are deemed insignificant and we’re still up to our eyes in the RF death spiral finance deal. By my reckoning RF still have 1 or 2m shares to dump before they can apply for the new allotment of shares. We still don’t know how the price of these new shares for RF will be decided on.

What if RF insist it’s at 8p? Will they or even have they already started to forward sell them at current prices? This is why this deal is so murky and eroded sentiment so badly. Couple of better days for GDR but we’re still sub 15p and not far off 75% down from the highs at the end of March.

Latino, you make it up as you go along and spout rubbish. Always good for a laugh though I must say.

Just traders and telegram/twitter groups having fun

Nothing to stop Allwyn going for a RTO now. Is there one available? Well, funnily enough….& Craven knotted the whole crew behind that company.

GLA

Stickpick - think you’ve hit the nail on the head & that’s why the sp keeps faltering in spite of plenty of buys. I suspect after hours there will be another of those massive delayed trades. Either today or tomorrow but mms working hard to help RF out by the looks of things. They’ll dump all they can at around 13.5 to 15p and then when the sp slumps afterwards they’ll demand their new shares and then, only then will any brakes be taken off to allow a proper rise.

Builder 12 - I’m deeply hurt you could do such a thing. Sadly for you though admin chose not to listen. Perhaps that’s because they’re fully aware of what AP is like. Don’t take a a genius after all given his track record these last few years.

Oh and we’re 3% in the red now aren’t we? Or are you going to spin that as a positive too? Lol

Bitocoin - sorry I don’t quite understand yr post pls explain.

MrM - sorry, yes I know that. I just meant in a hypothetical situation and in terms of confidence.

Alas that’s the risk involved here: when news lands it will be suspended and from that moment on the roulette wheel is spinning. As I’vesaid before though I just don’t see why Craven would bother with this if it wasn’t worth his while or he had something lined up. He’s a busy guy and surely earning more than enough so why waste his time and energy with something that might prove to be exactly that - a waste of time and energy? Squeaky bum time for sure.