Member Info for The.Italian

good to see them increasing slightly. seem to recall someone suggesting they were selling down!

£254k trade at 46.6p reported today from late yesterday.

it was a protected LRGS trade,so in theory shouldn't have affected the market until announced.obviously in theory, as it clearly affected sentiment when going through.,but if it was a two party trade then someone sells and someone buys.

yelnirb it was an off market trade,so most probably between two parties ,hence a buy and a sell.question is who was selling and who was buying?my guess(and thats al it is )is N&G selling as who else can make a profit at that price?

very helpful summary oogieflugal.thank you.

whilst my holding is unlikely to have any particular influence on the outcome here( it was fairly substantial in term of value on st valentines day, but is now of minuscule financial value)i have been reading the various arguments with interest over the last few days and have now instructed my broker to vote "no". I'm inclined to agree that this is a matter of principle and although it looks as though motif won't survive as a listed company without a yes vote I'm happy to see how it pans out if we can get a no vote through.

afternoon tommy.perhaps you can see now why it is beyond pointless to try and engage with booth.anyone who can take a standard risk disclaimer and seek to endow it with sinister significance is not going to respond to any attempts at reasonong or discussion. just ignore the monomaniac would be my advice.

no worries deadcross.i rather suspected that.gl

and dougie the options are exercisable at 13.5 cents, with a two year exercise period. beament takes over on 1/7/21 i believe.

yep. 0.88 ASD. was 0.10 not that long ago.whereas regent's s/p has, i think mostly fallen or flatlined.all very odd really imo!

true deadcross,but you can drive around in it and utilise it for its intended purpose.also do we really want to see naps flogging off trademarks ,brands,IP etc at the moment. further if any sale was deemed necessary or appropriate for commercial reasons, it's perfectly possible in principle to negotiate a release of individual assets from the charge with the lender's consent to enable that purpose.

hope my post is clear, as I've missed a bit of punctuation in a couple of places .typing is not my forte.

rest assured there is nothing whatsoever to cause concern in relation to the charge documentation recorded at companies registry. it looks (and is in a sense) quite complicated, but that is simply a reflection of the relatively complicated corporate structure, in which napster is now involved. technically the davis credit facility i being made available to rhapsody international (a subsidiary of napster group plc. the first charge joins in napster group plc as the holding company and the second much lengthier charge joins in rhapsody, melody vr ltd and various other subsidiary companies to provide security for the loan by way of their individual IP copyright etc. this is because all the companies within the corporate structure benefit potentially from the loan facility, either directly in the case of rhapsody orindirectly in the case of Napster group plc and all the other companies. it's very comprehensive to ensure that all the IP,copyrights etc are caught in the security net. nothing unusual and only to be expected. the negative pledge is simply a way of strengthening slightly the security position of the principal lender. it has no sinister or (apologies for this) negative implications or connotations over and above the simple fact that if you borrow money the lender expects to be repaid and wants security over assets to ensure that they are. indeed when we originallyspotted the charge registrations some time ago, it was seen as a positive sign as it suggested matters were moving forward. still no lansing davis appointment though.

i don't know how to find the original update, but if you click on fum share news here and scroll down thurday's news you will see it confirmed.

https://www.telit.com/press-release/telit-expands-latin-america-leadership-with-expanded-hi-mix-partnership-in-brazil/and a bit more .same comment as yesterday.will we get another interested party?

£1m trade at 23.7p?

whilst i don't normally pay any attention to posts on twitter(unless they contain clear factual information)i have noticed that myles mcnullty has just taken a very large position in Anic.only mildly interesting, but he does, i gather, have a fairly large following.

routine kevin and of no material significance whatsoever.

https://www.prnewswire.com/news-releases/interoperability-testing-unlocks-commercialization-of-telits-fn980m-5g-module-in-russia-301300011.html dont think this has been mentioned before.probably not of any great significance,in the absence of other interested parties prepared to bid.

actually just been looking at accounts to 31/12/20 and it might be of interest to look at note 5b, which details a reversal of impairment loss based on improved prospects for fortacin due to expected earlier launch.it suggests to me that the fair value is kept under pretty constant review,so perhaps it may be more sensitive to the P2 results than i thought in my earlier post.as always time will tell.