Member Info for Suzy2

Yes, that's what it looks like, Sj, it's indecipherable.

Seems to be layer upon layer and a lot more than meets the eye... going to read it again a few more times...tomorrow.

Yes, there's a chink of light in that.

And they surely can't be confident they'll get the money except what's been underwritten..it needs a big leap of faith?

Eric...read it twice now and still haven't got it...changed my mind three times in the last hour about whether or not I'm going to take part in the subscription, have every other time simply because they needed the money.

What would it be worth?

Reading it didn't change my opinion of the situation and I'm not duplicitous. It wasn't the RNS I was posting an opinion on it was a response to the opinions already posted and not a disagreement, we're in a bad place today that can't be denied. I hope it will get better. and I don't care tuppence what you think of me...only a very sad person "baits" someone.

The suggestion that the UK subscription is preferential to shareholders just doesn't wash...it would only be preferential if demand were to exceed supply and that wasn't the case last time. It looks at the moment as though it's every man for himself and you might as well buy them with much less trouble on the open market.

Got in a bit of a tangle there...meaning there might be something in the darkness that we can't currently see in the light?

Eric...there's no need for us to quarrel. All the genuine holders on here want the same thing, we have some robust exchanges sometimes, it's only natural, it's who we are. And I think we're in the dark about some things which is very frustrating...of course I hope we're in the dark because the light isn't looking too good. Lol.

Darren...I think the court ruling will be game changing, it's been estimated in an RNS (Jan 24) that it will come in the first half of 2024. The time the appeal has taken from the Government's endorsement in March 22 has brought us to this point, unfortunately. I'm ever the optimist...but take care, and check out my previous.

And I agree with Pocko that the next six months will be make or break as a PLC. Did anyone know how long this appeal was going to take?

No, Eric...you're quite wrong about that, I wasn't trying to stir the pot, I was joining in, it would be odd if I didn't. And having read all the posts, reading the RNS didn't illuminate me much, a lot of it is too technical. How about this from the earlier RNS:

The Capital Reorganisation will not of itself affect the value of the shares held by Shareholders. After the Capital Reorganisation there will be the same number of New Ordinary Shares in issue as there are existing Ordinary Shares and therefore Shareholders will not be diluted (other than as a result of the Capital Raise).

We are all invested in this because we believed in it I assume.

Thanks Wod...you've made me smile. ;-)

...last but not least but now will do.

At the beginning of February we were top of the risers and I was toasting the fact that the sp had returned to the previous placing price...then what happened is just unbelievable. What they're telling us now is that they couldn't raise the necessary funds at a better price, despite the quality of the asset? And last but now least...being in the right place at the right time.

I'm also very naive in that I find it difficult to believe well paid, reputable people would have an agenda other than what they publish. Never thought it would be anything but difficult to pull this off given the amount of time the appeal would take and it's taken twice as long as I expected.

Eric...I've read it now and yes, I have considered that. We don't know why Kurt left that's a mystery and things have gone from bad to worse since. Disappointed you've accused me of snipping. I've read the RNS now and have to admit that a lot of it is meaningless in a bad way so far as I'm concerned. So yes, Pocko, you're very clever and I'm very stupid.

Well, Pocko has managed to find a positive...it keeps the lights on for twelve months, which is of course why you always need money. Just saying, I haven't read the RNS yet, seems a bit pointless given the reception it's got.

Yes...lol, I usually do, but you can't depend on it.