Member Info for steve58

Both.

Another suspended share I hold suspended since November just had a placing and 100 to 1 consolidation. Hope the same happens here soon.

Good evening to you. Hope the rto happens. I'm sure they are sorting out the finance in order to become the controlling shareholder. Quite a few bits going on with various shares at the moment. Hoping for good news here very soon. Hope you are getting more sleep now.

Say 10x would equal 53 million Australian dollars. Exchange rate 2 to the £ so about 27 million pounds or .90p a share about 35 x current sp. Of course the earnings figures quoted are only estimated they could be double that if sales exceed expectations.

I feel the same. This deal if it happens will boost the value for shareholders. I await news with anticipation.

Good morning . Imo if rto happens the sp will rocket. Of course it may still not and will be stuck on the launch pad. Interesting months ahead.

I think the rules state that as long as we have a controlling stake that will be good enough so 50.1% but please correct me if I'm wrong. So about 1.5 million pound investment required. Share consolidation rights issue probably required or may just be loan notes from major shareholders. Interesting months ahead.

Has trading recommenced? Would expect everyone rns to confirm .

If this happens as looks likely the share of annual profit could exceed current market value of Leed. Imo we could be looking at a share price many times the current one. I am glad I kept my holding and look forward to further news in due course. Looks as if the board have had this in mind from the start.

Seems that company could call a further meeting to change investment policy. Tried reading the rules but lots of pages so may have read it wrong. Let's hope it gets sorted.

Trading still being done. Must be suspended from close of business today. I certainly won'tbe selling at .00188.

Should be going ok.

Should be going ok.

Congratulations hope all going on. They grow so quickly. Such a shame about suspension. I think the board got their dates wrong. Imo they and the major shareholders will raise the money to increase their limestone stake to 50% or more. I certainly hope so. Hope you are getting some sleep. I have had all that up at 4am every morning for what seemed like ages. It is all worth it.

Sorry should be leed.

Good morning to you. Agreed. I think peed intention from the start was to eventually be a majority investor in the limestone company. I think the aim rules state that the shareholding has to be 50% or more. We already have 18% on conversion of the loan notes correct me if I'm wrong. So only 32% to go.

Welcome back. I must admit I completely forgot about this 12 month rule. I honestly thought the limestone investment was all that was required. So a bit of a shock to the system this morning. Having come this far I will see it through to the conclusion. I cannot believe the two large shareholders will let the next six months go by without not getting involved in implementing the companies investment policy.

Big ern. Agreed. That last 12 months just flew by. That's a sign of getting older. I could sell tomorrow but it's only money hopefully well spent. I will keep my fingers crossed for me you and all the other investors on here.

I hold 20 million here. I have the same opinion that they will implement the investing policy. As I said before the major shareholders will probably have something to do with it.

Maybe they should buy the limestone company. I can't see any other option unless they can raise money, a bit difficult if shares are suspended. Probably be by way of a direct investment by one of the major shareholders. They want to be able to recoup their investment and hopefully make some profit as well. Don't we all.