Member Info for smudgedan

I think most of the sellers at this level have probably done so. As we move into September and people getting back to their desks I ham hoping to get some positive news on the refinancing. Let's see if Mr. Stoller's comment about it being a 'great day" for R4E cones to fruition.

Dunno mate. Been a couple of months now since the last news, so would have hoped progress has been made, but given the holiday period then maybe not. If nothing heard in next couple of weeks I will drop them a line.

Over here. But it was like that at MAC before today. Is this one next?

Indeed, fair okay to the company for issuing a statement so quickly. The fca could easily nail the culprits here as there were not many trades, so a quick investigation would be able to find out who is responsible. Dangerous game to play for a few quid return.

FCA should get on to this market abuse and investigate the IP addresses of those involved. Anything to do with scoop it is inevitably a fake article.

Give these people oxygen. Absolute scum out to to con the naive. Also distorts the share for original holders.

upon reflection, I think that is probably the ghost buy from earlier. In any case a confident sign.

buy just gone through. Somebody definitely knows something

It will get there. Haven't sold a bean as looking for multiples of current price

of sells there.

It will depend on the issue price of the share issue. The nominal value of the shares is 2.5p so that should provide a firm base. They have said that the deal will restore shareholder value to a positive and give them cash to re-invest. My feeling is an issue at between 5p and 10p a share, but I don't have anything to substantiate this, just guesswork.

Copy of my post from a couple of months back. I don't think this is exactly right a bit of reading material. "As part of the refinancing they issued the following statement: 1. AIB will convert an amount equal to £5,155,000 of the outstanding principal debt due under the Existing Facility into new ordinary shares of 2.5p each in the Company ("Settlement Shares"), with the number of Settlement Shares to be equivalent to 12.5% of the fully diluted issued share capital of the Company as at the Completion Date. So if we say that £5,155,000 is equivalent to 12.5% of the shares in issue and there are currently just shy of 75,000,000 in issue, does that theoretically mean that the new shares should be issued at a price of 47p being the price per share when you gross up £5,155,000 as 12.5% which equates to £41,240,000 for 100%. With the additional 12.5% shares this would result in total shares in issue of 86,135,000. Sure I am missing something here or being stupid, perhaps they will do a consolidation and that will explain it, but I can't see them issuing shares at 20 times the current sp!"

Thanks mate. Not sure what is going on here, but reckon there is a big background buyer given the moves on nothing yesterday and today. Ties in with the refinancing which should hit shortly and the debt for equity swap which works out at multiples of the current price

Yep, got to be a sizeable order in the background.

up again on no trades. Something afoot?

Trending up nicely here.

again today with the bid raised to 2.25. Reckon there is a buy order in.

Featuring R4E today. Targeting 4.5p from a technical perspective

Day today, reckon tomorrow may be even better. Might even get somebody else to talk to on here!

Great call here and still below placing price. Note to self. Don't sell too early!!!