Member Info for testpack3

KYK. The spread is the difference between the buy and sell price.. This share today has a buy at 70p and sell at 65p, and the spread is 5p or over 7%. That effectively means the share price has to increase by 7% to break even. Most shares have 'tight' spreads of less than 2%.

The situation is very clear. Copied from rns 7 Nov. As at 5 November 2014, the Company held cash resources of approximately £17.5 million. The Company estimates the costs of the disposal and/or winding up of its remaining subsidiaries (including staff redundancy costs) at approximately £0.6 million. Allowing a further £0.9 million for contingencies, the Company now proposes to make an interim return of capital of approximately £15.9 million (subject to the Board being satisfied as to the Company's solvency position immediately following the Extraordinary General Meeting and the making of the Capital Return) equivalent to 18.5 pence per Ordinary Share, as further described in the Circular. In order to be entitled to receive a payment under the Capital Return, a shareholder must be registered on the register of members of the Company at 6.00 p.m. on 25 November 2014 (a "Qualifying Shareholder"). Capital Return payments are intended to be made to Qualifying Shareholders on 2 December 2014. Following completion of the Capital Return and in the absence of a suitable alternative course of action, the Company intends to put itself into a members' voluntary liquidation as soon as possible, and in any event by 31 March 2015, to be followed by a final distribution to be made at the conclusion of the liquidation. So, if it still has the £0.9M contingency on 31 March 15, or any other amount, it will pay that amount to s/h on completion of VWU soon after 31 March. £0.9M is equivilant to 1p per share, and so that's why the sp is 1p now. As has already been posted, the co is an ideal 'shell', still with a listing, and if you are still holding your shares, you need not do anything, there may be an upside to the 1p if the company is the subject of a reverse takeover. If you sold you shares after 25 Nov, or still have them, you will receive 18.5p ps on 2 Dec.

Yes, know u know, due 2nd, 3rd week Dec. All rns to date have been very upbeat, and significant increase in turn over. I am expecting a really good set of figures. Will wait for a day to buy back in when the spread is tighter. GL

I sold some time ago. In view of present sp, and 'decent news' rns's, am looking to get back in. Does anyone know why there were large fall in sp first week in Oct. and then 1st week in Nov., without any rns releases? Cheers

As a SOU holder. not in favour of this offer. Does anyone know what %age of voting rights is needed by the BOD of Antrim to make the offer accepted unconditionally? Cheers

There is certainly no stock in yr comment Nottspie. You have obviously not gambled on this share. The price you see above is in Euros.. Xchange rate at say Eu1,25 =£1, then Eu0.13 = c 10p. so 100,000 at 10p = £10k = Eu13K. Do not leave your present location, do not attempt any share transactions, do not reply to this post. For investors here, I am intrigued by the holdings in the co., and some notable investors taking a punt. This maybe a shell co with the objective of a reverse T/O to get a listing for a co with 'market potential'. On the other hand, it may, as per RNS's, just invest in what BOD's see as growth cos in new technology to increase shareholder value. My 2 main stocks for this are FLOW and ILIKA ( not ramping, fact)., and R Griffiths in invested in both. I will add, at this juncture, if anybody is still reading, that I was in both stocks before Griffiths, and would therefore suggest, that BOD are not investing in present listed cos, but is a shell for a reverse T/O by a new player. My gamble is modest, but with the no of shares in issue, could be very lucrative. I have also thought that Griffiths has invested, what for him is 'small fry', and below the %age holding forcing a T/O of the co., that he maybe on a ego trip and using this 'shell' to bring to the market an idea which has been nurturing in his brain for untold years. It's a punt. Follow the money. Who cares. But, Nottspie, You now know, in GPB ( and Eu), what you will have to fork out to have a stake in the company. I'm not suggesting you buy, and I do agree with your final sentence of your posting: ''Dont think you can put a lot of stock on the info on this particular board''. I would add, with my own consent, or any other board, on any stock. All in MHO of course, One final comment ( yawn), its 3am here, just returned from night out, is always expect the unexpected.

surprisingly did not have the market buying ( except for algos), on what is a v good announcement. There were a few rollover ordinary trades after hours, and hopefully, with a bit of news in Sunday papers, a push on to 580p next week would be due reward. All in MHO of course.

The MM's marked it down 20+% first thing, and as at time of writing, less than £80k of shares have been sold. It's is not a mass exodus. The MM ensured that. Nothing too bad in rns, The interim rns stated a cash pile equivalent to 64p a share. There will be no need to draw down this cash, even if 2015 t/o figure is 13% down. T/o should still be c£80M and at 35% margin = £28M. Co will have the alternative of manufacturing outsourced goods which it ceased earlier this FY. Some commentators disbelieve the co accounts, esp. the cash pile. The FYR will again be interesting, and no doubt, these commentators will see today's rns as being the first warning sign that the co will not pay a final divi. Indeed, if that becomes the case, then red flags will be all over this share. To try and get some clarity on the cash pile, I have asked the co to share buy-back all the shares issued under the scrip alternative. Scrip offers only dilute the shareholding and completely negate the divi. I would urge all investors to take the cash divi at 2p. With the export restrictions, and self-imposed import restrictions of Russia, I would have hoped the co is trying to export to a lucrative and friendly ally? I have also penned this question. The final divi is of paramount importance. IF it maintains at 2p, then even if buying-in price is 60p a share, divi is still a v healthy 6.7%pa, and at todays sp would be over 10%pa. A 2p final divi would only cost £1,5M, and if it does not pay, jumping ship would be my decision. All in MHO of course.

Theonion has reality on his side. Let us assume the consolidation sp is 0.4p, following cons. of 10:1, one share is worth 4p. IRGS stated in the rns this would lead to much less volatility of the sp - wrong. Eg, QPP. I know this is a shorted share, but volatility remains high. Accsys technology. A thinly t traded share has seen it's sp fall by over 10% in a month since a 5:1 consolidation. IRGS is saying the share is unlikely to drop from 4p to 3.6p (10%) than from 0.4 to 0.36. - definitely trying to kidd us. The only reason he wants consolidation is to raise cash. I do not think there will be a big (20%) drop in sp following consolidation, but it will certainly go South. All in MHO f course

It tells me links that Wisent O&G have got licenses to frack 1/2M acres for pocket change. The value to shareholders in this sale is <1/10p per share. 3L could have divested Lane, formed a shell company with licenses for 1/2M acres, and see what happens with other frackers out there. It is possible that there is no commercial gas/oil in the Polish shales ( Wisent have found dusters there before), and 3L decision to wind up may look very good for it's shareholders. If, however, Wisent do make commercial finds, it will rank with the decision by, whoever it was, not to sign the Beatles, as premature.

for E500,00, less than E1 an acre to a subsidiary of Stena AB, Stena Drilling. It has commercial fleets for off-shore drilling, and now it's moving into on-shore operations. Unless they are going to build the biggest RO-RO ferry terminal the World has ever seen. lol. Well done BOD, it must have been hard negotiations to achieve that price. Idiots.

wholly owned by 3L with a concession on over 1/2m acres in Permian play. Would be good to have rns on what it is doing with this. San Leon are drilling now in Permian, and IF they get lucky, then this concession will be worth 10's of £millions. DYOR etc, All in MHO of course

Exactly shake..... It was the same posters, on Thurs and Fri of THAT week after the rns of MEO who were 'buying' new cars, boats, houses etc, without doing a simple thing like reading all of MEO's rns's, which showed that it's ii's had sold their holdings in MEO a few days before. I made a few shillings by selling before the duster was announced, and posted to that effect, and was called an 'idiot' .lol. If this co can pull something out of the bag, it will rival the raising of Lazarus.

to 31 Oct due early Dec. I have every expectation that results will be excellent, with a significant increase in PBT. If co. decides to pay int divi, then I can see sp moving to 18-20p. Indeed happiness if it comes to pass. A good, solid company with no bluster and no tweets. Great stuff.

Unfortunately stuey, you said successful. The lack of market buying, and the last rns, clearly point to a revised version of sensium. This may. or may not, be having clinical trials now/ As a previous post of mine stated, the sensium the NHS was trialling, was also being trialled in many countries, and IMHO has a (few) flaw. If, or when, whichever version of Sensium, is acceptable to NHS, and ordered, then the sp will be 25p min. But always bare in mind, it's a 5p share on AIM, and is as likely to be a 0.5p in 12 months as 25p. If u have the time to look back at posts from the rampers over the past few months, you might draw the conclusion that it should be a 25p sp now. I'm not de-ramping, but await a rns stating 'approval' of Sensium, and large orders gained. It will not hit it's true MCap in one trading session. All in MHO of course. GL

And of course, they will tell you the truth? Previous rns's have stated that creditors acknowledge their debts, and that payments are being received. So what. ! The cheque's in the post. Wonderful. This is the major concern with DQ. They are owed mega bucks, and if everything is hunky- dory with this, I am certain the co. would have released another rns. sinice it is 'price sensitive', and the disclosure in the rns that stated CC was a problem, saw a big move S in sp. We all know the revenue stream is good. You can sell anything if your customer thinks it doesn't have to pay for it.! I'm down 40% on this stock, and my initial purchase was sub 8p! Topped up big time before the disastrous rns., and rather than selling now, even after the 'spikes', probably like others, waiting for positive resolution of debtors. This is a 'one trick pony' share, it's going N big time, or down. Where is your bet? We'll chat again soon with the outcome. All in MHO of course

ISIS controlling oil in ME. You are mad, sorry. The area in Iraq which produces 95% of it's oil, is in the SE. If IS got anywhere near there, thats where the Coalition forces would destroy. There's a glut of oil in the World. USA could be exporting soon. OPEC might reduce production to keep price at nowlevels, but not guaranteed. Saudi Arabia's 'cost' of extracting oil is about a $ a b. They might well squeeze the 'high cost' producers ( off shore) by allowing the price to fall even further. IS have been robbing oil storage tanks, and selling for cash .It's so small an amount I cant believe Mould even mentioned it. All in MHO of course

The rns on China is massive. However, as already been posted, the only rns that will see a sustained movement N for DQ is the resolution ( or not) of credit control. The next Trading Update is due on 18 Nov, and more light will hopefully be shed then. If payments received is again disappointing ( to be kind), then another move S, and return tp 7p. All in MHO of course

God punt V, and if you do some research, you will probably get a sp of £10 in 2-3 years. GL

Unless of course it's a present II, and will have to be reported, as will BOD buys.