Member Info for Spikeyj

of course not. c u later, no doubt.

not me, lol

mike, i have no connection with TW, nor with any other pis posting on lse. you are punching at shadows.

why do you imagine that anyone would be helping me?

& a smidge.

sorry meant, by buying quob shares at £10.

"in addition to the funding options outlined above, QPE has discussed with DS&C a £2m bond that can be converted into DS&C equity at any time over the next 5 years. This conversion is proposed to be at a price of 1p per share, or lower if further equity is raised by DS&C at any time during this 5 year period. FCA approval would of course be required prior to any conversion, but not prior to issue of the bond. The bond may be combined with either of the other two funding options or can stand as an independent deal. The bond would be for the sole purpose of enabling DS&C to take up their previously agreed option to purchase QPE shares at a price of £10 per share, to a total value of £2m. Considering that the most recent circa £4m of equity released by QPE is priced at £15 per share, to not take up this option to purchase at £10 per share would obviously be a wasted opportunity for DS&C to generate potential profit. The opportunity to take up QPE’s bond option shall shortly lapse if not taken up by DS&C." .... weird .... so although dan is clearly strapped for cash and is meant to be cost-cutting and focusing on turning its core business around, in the meantime quob is also trying to encourage dan to borrow an extra two million pounds, not in order to develop dan businesses, but simply to give quob an extra two million financing by buying quob shares at £2. would have thought shareholders here might be better off having the company wound up, so they have have their money back, if there's any left over, then make their own choice whether or not they want to invest their cash into RTs quob park estate. the other proposed financings via equity from quob seem to rely not only on FCA approval, which probably should not be relied on, but also on those currently holding debt in dan agreeing to give up their debt in exchange for equity in dan at 1p price. i'm unclear why a debt holder would want to do that, given that at present they are ahead of the shareholders in the queue to get any monies back.

(presumably, another company that already has licenses, already has its own technical team, etc, but is distressed because it has run out of cash to do its drilling etc. would be primarily interested in how much cash GWIK brings to the table.)

show.me 08:31: "A public listed company comes along with access to cash.. " ? but just how much cash does GWIK have access to at present, without issuing a whole bunch of new shares?

if the medivation thang affects sentiment here?

investing in this lead balloon been doing ok for me so far. perhaps it's an exception to the commodity downturn?

your share price prediction of 0.3 on a £5m or £6m mcap seems to be based on the idea that there will be no change to the number of shares currently in issue, since £6m divided by 2,200,000,000 = 0.0027 approx. but you haven't offered any explanation about how GWIK would acquire an asset worth several million ££££, to bring mcap up to £5m or £6m. ( - presumably no-one is going to give them such an asset for free?) so unless you think a tiny micro-cap cash shell AIM company can raise a lot of cheap bond debt, then they will have to fund any asset acquisition by issuing a lot of additional shares. ..... so when you calculate / guesstimate what the future share price might be, you would need to divide the mcap by the likely number of share in issue at that point, not the shares in issue now. ... unless you have some other financial basis for predicting a share price here of 0.3p after an RTO, and then two 'whole pence' by xmas. otherwise, it just looks like rampy guessing, as the clock ticks towards share suspension.

sorry, my apologies, 2.2 billion shares at present, not yet trillion.

from both sharepuppets & quob about DAN plans.

in particular, i don't understand how you think this company would pay for an RTO taking it to a £5/6 million pound mcap without issuing a lot of extra new shares... it looks like you get your guesstimate post RTO price of 0.3p simply by dividing £5 or £6 million by the current 2.2 trillion shares in issue. but surely, GWIK would need to pay *something* for the RTO asset? it's pretty darn unlikely that anyone will sell them an asset worth 5 or 6 million simply for their current cash. do you think that they can acquire a significant asset within some serious dilution from new shares?

well, good luck to you. your predictions do seem pretty fluid ... yesterday afternoon, 15:37, you were predicting about a 4000% rise by xmas, up to a price of a couple of pence, but now you seem to be talking about a mere 'whole pence.' what changed over the last 24 hours to make you cut your target prediction in half? .... personally, i would have thought that target prices should have at least some connection to the value and prices of the asset(s) that are to be acquired. your predictions don't seem anchored in any kind of financials. presumably, this company would have to pay for any asset(s) acquired with something .... so in addition to speculating re mcap, probably should also consider shares likely then to be in issue.

but what is your prediction based on? i.e. what assumptions are you using re the size, nature and price to be paid for the asset being targeted? ... seems to be out of thin air.

-- given this comment: "As our current position is a cash shell we don't actually have anything whatsoever, zilch, to promote other than an intention of using the cash in the bank to use as an investment strategy of a RTO..." and given that the nature, size & price & of the targeted asset(s) has *not* been announced, then what is the evidence to support mike's claim that: "definite multiples on re-listing from this sp and a couple of whole pence by Xmas" ? (i appreciate that those who have decided to hold ahead of possible suspension are choosing to be optimistic, that's fair enough & GL, but i'm a bit baffled how posters are coming up with specific price predictions when it's not known what size and type of asset might be RTO'd, & very crucially, it's also unknown how much GWIK would have to pay for it/them.)

.

wouldn't rule it out, though no big rush, 90s by dec will do? selling some in 70s, but some for £1+.