Member Info for spike912

18 now, can see the panic sell off done with and LTH snapping up cheap shares. Imo 19p by lunch

Halifax no longer allow investment in rbd. Odd, fancied a tickle here!

I’m getting the impression that now FRR are a private company they feel they don’t have to notify anything. Morally, imo they should update just to let us know they still care, but on the flip they are now a private non listed entity. But what do I know!

@tsbs, that makes two of us. Mentally I’ve written off my 3.5mil but doesn’t stop me
Holding some tiny piece of hope. Hopefully we will know more next week if Cayman court notes are released post Tuesday

And the Saudi didn’t “buy” as in on the open market, he was given shares from dilution. Still an interesting move, but it wasn’t as if he bought them on the open market, and look at the price given. Just seems many at MXO aren’t actually investigating deep enough, just following the herd, but wish them the best of course, just hope 88E can bag also sometime soon! Come on DW!

Problem with MXO is it’s a herd mentality share at the minute. If you look at the financials, fundamentals and timeframes to a profitable business is way off the continuing rise. Some (imo) will get impaled there at some point.

Tsbs, for us that aren’t as clued up as yourself, would you be so kind to list (bullet point) why this may be? As for me this seems a rather new and important development? Thanks in advance and to all, please keep up the good work, as there are many of us, like myself, that read the board daily under the radar of posting, but find it incredibly useful for our own piece of mind and our own potential loss/gain locked up here. It’s certainly helping myself for one, so please keep up all the good posts

The Court finds that Plaintiffs are likely to succeed on the merits of their claims for Breach of Fiduciary Duty and Duty of Loyalty

So this sounds like case won...no? California? All rather confusing now but seems positive

Hopeful Kawley will issue his notes next week for further detail

From 18th in line with holdings: either way factored in now

Adrian not at all mate. Just finding it hard to see what most are ramping. Can you explain? It’s a classic sheep share, will likely be sub 0.20 by close imo

its not NT on Halifax. Buyers beware, seen this many times ramp, lies and fluff. Look at the facts, fundamentals and financials and make your own decisions

he was issued shares by dilution not bought on open market.....big difference

You need a profitable business and by all intents and purposes, we are looking at 2020 according to the information online. So where is the value over and above mcap coming from? No here to deramp at all, but its a valid point, rather than just ramps.????

Sorry guys but im struggling to see this re-rate on current news/RNS so far. Directors will start taking salary as of June again, we have an element of revenue but books not looking overly great at this stage (more likely 2020), more shares issues so the strategic investor could come on board but at a cost of dilution. I cant see too much 're rating' happening here short term, just feels herd mentality.
Sorry if I have misread the information on the company website, and I would welcome some discussion, but I cant see a huge swing based on the current fundementals and financials.....or am I missing something?(and adding a new board member isnt going to re-rate). Thanks

Also be careful of those saying hold whilst selling themselves ;)

Remember there is a 30 day timeframe for write up of meeting minutes so we may not get an official RNS until end of May/early June. Can’t see the company saying much until it’s written officially, so can see this level for some time yet. GLA

Wow that’s a lot of cut and paste again ;)

Nothing new to be fair that we don’t already know

I assume we will see the written judgements shortly (looking at court lists)? so this may well confirm our thoughts. Yet another twist in the plot. Have a feeling this may rumble on for a very long time! (sadly)

Thanks AJ