Member Info for StillWaiting

Most cash shells usually have a small premium to cash whilst awaiting target details.

Fair m cap. Without a competing offer perhaps £2-£3m

Still good upside, I added to holding today.

The clients for her venture ?

She looked at investing at 2p+

I reckon she could pick up the whole lot for not much more now.

Interesting times.

says it all.

sellers mugged.

this time next year..

a few more for me..

thank you sellers.

#2019bigpicture

Added a few on the dip..

Big picture for me.

#2019

I think it's more about what will be going into abal in the future.

AF invested at 5p and will want a return on that. The other guy who stays is M&A background I think.

AF has plans for this..

It is anticipated that the cash to be received by the Company will be used to acquire another business(es) which the directors believe will deliver greater returns for investors.

Change of Name

To reflect the new direction of the Company, the Board is proposing to change the name of the Company. Under the Companies Act 2006, a change of name requires the passing of a special resolution of Shareholders at a general meeting. Therefore a special resolution will be put to the General Meeting to approve the change of the Company's name to:

"Abal Group plc"

The change of name will become effective once the Registrar of Companies has issued a new certificate of incorporation on the change of name. This is expected to occur on or around 31 January 2019. The tradeable instrument display mnemonic ("TIDM") of the Company is expected to change to AIM: ABAL effective from 7.00 a.m. on 31 January 2019.

Recommendation

The Board considers that the Disposal and change of name of the Company is in the best interests of the Company and its Shareholders as a whole. Accordingly, the Board recommends that Shareholders vote in favour of the Resolutions to be proposed at the General Meeting as they intend to do in respect of the Ordinary Shares which they control.

General Meeting

The Company is arranging for a Circular to be sent to all shareholders which includes the Notice of General Meeting to be held at 9.15 a.m. on 28 January 2019 at the offices of Marriott Harrison LLP, 11 Staple Inn, London, WC1V 7QH.

Interesting times.

Industry 4.0 increases the need to innovate..

Imtk as a global leader of innovation and change software could dovetail nicely with the next generation products for industry 4.0 such as IoT, AI,AR,VR, machine learning, automation.

we better all wait then to see what the company does..

you couldn't make this up....

mm's must have their fingers xx'd hoping for more sellers like that..

buyers paying premiums in the morning, sellers taking sub bid in the pm..

just hold more than a day, it's not hard !!

#doh

a good warning for the future there me thinks..

tightly held, hold for rerate and development news, once out very hard to get back in...

#bybysellers

anyone wanting a big holding in low pennies is really going to struggle now imho..

roll on news.

nice buy.

the main risk seems to be qty now..

if you read the results imtk confirm have had proposals etc and they are working through..

news can come anytime now.

here for £10m m cap minimum.

Could see 100%

Letting it go now.

Mm's out of stock ?

Expect a few shakes as a lot of company float bought over the last week.

Hard to buy now.

Even mm's realise it's too cheap down here.

They probably want to take it up to make more on the spread.