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Y/E AUM figures should be released soon. Let's hope the market has got this one wrong.

Thanks for all the feedback guys. I've held BLU for quite a few years now so I think I'll just sit tight on the basis that the Dynasty stake will put a floor under the current SP. Who knows, I might even buy a few more if I've got some spare cash somewhere.

Hopefully that is a "kitchen sink" RNS with all the possible bad news included to be followed by some more positive news when the shares start trading again.

It's anyone's guess what the SP will be when trading recommences. It was already very depressed pre-suspension so hopefully it can't sink too much more. Or is that just wishful thinking?

Guys - as a long term holder of BLU but someone who hasn't been following the ins and outs too closely in recent months, could you help me be commenting on whether this synopsis is roughly accurate:

1. Back in the Derek Lew days we had a portfolio of 6-8 speculative investments.

2. When Tony resumed control he basically narrowed this down to two that had potential - Dynasty and Satoshi - and undertook to value and then sell these investments.

3. Informed speculation on these boards around 6-12 months ago was that Dynasty could reasonably valued at (very roughly) 0.15p per BLU share and that Satoshi could be anywhere from zero to 0.35p per BLU share (or conceivably even more).

4. Therefore BLU shares which were trading at around 0.15p to 0.20p at this time could perhaps be worth at least 0.40p (underlined by the share options granted to the directors at approx 0.35p).

5. Since then Satoshi/Pendulum (I don't understand the technicals of this) has disappointed and may not be worth much at all, particularly with crypto and blockchain out of fashion currently.

6. Dynasty seems to be doing well based on user numbers but not much tangible information is available and an IPO and/or BLU exit seems distant still.

7. Therefore BLU shares have fallen to arounf 0.1p which is basically a reduced Dynasty valuation component and practically nothing from Satoshi.

Is that a fair and objective summary? I'm not trying to wind anyone up here, I just want to decide what to do with my holding without reading through 1,000's of old posts, many of which I don't understand. Thanks for any comments you can add.

The RNS seems to be saying that the sale price remails as 67p, but only 60p is paid now with 7p coming a year later. This seems very odd. If the price is fixed at 67p why delay just 10% of this for 12 months? It is not normal. Or is it a hidden way of saying that the price has effectively been further reduced to 60p and the additional 7p will only be paid if certain performance conditions are met? The latter seems more likely to me.

Interim results were also released today. Things appear to be plodding on in much the same way as before. i wonder where the share price will end up if this bid falls through? Around 35p is my guess.

The RNS has just been released and frankly it's as clear as mud - a further extension and now a loan note is being introduced. God knows where this is leading! At least the potential purchaser seems to be interested still.

It's not out of the question that trading is good, the accounting issue is purely technical and that the shares will jump considerably when the suspension is finally lifted.

HOWEVER, I am less and less inclined to believe this. I fear there is something rotten within the company that will eventually be revealed. I'm not even sure the shares will ever trade again. I hope I'm wrong.

The results looked pretty good to me but there has been a fair amount of profit taking with the shares falling to 240p. Personally I am topping up at this price. The long term prospects look good and a takeover from a TelCo or similar is always possible.

It is difficult to understand. I tend to be optimistic as the share price has stayed pretty flat during this whole process, If things were going badly it would presumably have sunk back to 40p or less. An announcement is due by 5pm today (27/9). Lets hope it's not just another extension!

It's priced 55-65 currently. A huge spread. Not surprisingly there is almost no volume. But based on this morning's RNS i would think it's pretty much a done deal at 67p.

One question - what is going to happen to the 'non-core activities' not included in the deal. The RNS seems to be saying that Alan Kentish will buy these separately. So will there be a bit more cash to return to shareholders from this? it's not really clear.

You can still buy for less than 55p this morning which suggests there is still some uncertainty about getting the deal over the line though.

I thought you were talking about icing up a few bottles of champagne in the fridge Morbox!

Yes, this sounds promising. Hopefully it will all get confirmed on Friday. We've lost 3p from the original offer price but on the other hand the share is now ex div so that helps a bit. It's all good news as the share price had been stuck around 25p for ages and ages.

The extended 5 September deadline expires tomorrow. Further extension?

The extended offer is due to expire on Tuesday (22 August) but there is no share activity at all. What does that mean? A further extension of the offer deadline perhaps?

I wrote to them today - see below. The more of us that express our concern the better.

"I want to add my voice to the many, many shareholders that are unhappy about the much delayed 2022 audit and the seemingly endless share suspension. I increased my shareholding in HEIQ just a few days before the share suspension came into effect as the tone of your announcements suggested that this was a minor and temporary matter. Many months have passed with very little in the way of updates from management. What can we conclude apart from the fact that there is something rotten within the company’s accounts? You have a responsibility to keep shareholders informed which you are neglecting. Please update us without further delay.

It's nice to hear your optimism MMB007 but the longer this audit delay drags on the more it looks like there is something rotten within the company.

And now another 3 months have passed and there is still no sign of the audited accounts. This is starting to look like a very serious problem. Will the company's suspension ever be lifted or are all shareholders - myself included - looking at a total write off?

And finally we get some welcome news today with an expected offer of 70p. That is a very healthy premium to the 25p share price we have been seeing recently.

Great news! And it seems to be at a good price. Hopefully the offer will be finalised. Right now there is quite a difference between the expected offer (70p) and the share price (50p) so there must be some doubt around. I think I'll sell my shares if I can get 60p.

Yes. All very encouraging. It feels as if an RNS is imminent.