Member Info for The.Italian

very interesting to see that level of detail. incidentally, perhaps you may have seen that a poster on the directa board has referred to a cenkos report as saying the revenue for directa from the whole project does not exceed 1m euro. i have not seen the report, so do not know whether the post is accurate and what the date of the cenkos report is.

sizeable purchase by the coe of Nordkalk.good to see.

oh good one.i burst out laughing at that.

morning bignose.erp makes cynics of us all,eh? now where is the news on the manufacturer?

got the old 10k buy in at the end again, i see

good to see.

very incisive RWT2.we shall see.

solid update. need to look at it as a whole, but pleased to note the comments on performance enhancement focus,improving EITDA of acquired businesses by 19%.

good find.liked harries's manner. enthusisastic but not bombastic.

i assume so,RWT2.it seems an astonishingly good deal from his perspective.i assume it doesn't work in reverse,so they have to reimburse for NAV falls? lol

morning bignose.well spotted.i have no doubt it is formal approval of the new manufacturer,for the reason you cite in your 10.37 post. it's not a" decision "as defined. completely agree that it is something which should have been notified to the market.personally i am not too interested in the niceties of whether an item of information can be construed as price sensitive or not. whilst i would have though it is blindingly obvious that this news must hav some element of price sensitivity about it, (supposing it had been refused?) a company concerned with keeping investors informed of positive developments would surely wish to announce it ,regardless of its technical states.surely they will have to reference it in the prospectus.

thank you,HH. i'm obliged

are you able please to elaborate?

positive trading update from ibstock today.

yes,i see my post was a tad premature as the largish buy came through almost as soon as i posted.perhaps i should repost it tomorrow morning lol.anybody's guess as to reasoning, but doesn't look like the usual 10k support buy. as rights issue is clearly going to be pushed back,im hoping they have to release some(positive?) news before it it completed.time will tell.

morning bignose.it makes for very sorry reading doesn't it..quite worrying that s/p down again and volume,although small in itself,more than average.doubts about getting the rights issue away perhaps.

not necessarily bothwell.imo all that has changed with the rights issue is the level of dilution.the prospects for approval by fda remain the same,but hopefully we will have a bit more cash to keep us going till then(not a lot i realise but at least something)also mellon is going be committed to a greater extent.iappreciale he could write it all off as a small change loss,but however you look at it it is still millions and i expect he will not want to give up without a fight(i hope!).so barring the dilution, we could view it as being in a better position.im hoping the dilution is not at the top end of the possible scale(just under 60%) but closer to 40%, but that's just a guess.whilst I've revised down my personal expectations as to the figure at which i might feel obliged to exit due to age etc,it's still perfectly possible imo to get there even with dilution by end of 2023 if fda goes well. my immediate concern is to see the rights issue go through,as its not a given,although i would be very surprised if they don't get it through at the end of the day. all just my opinion of course.

pleased to see there will be a trading update before the presentation.makes sense.last year they issued an update on the same date, but so far as i can see there was no corresponding investors presentation.anyway,all depends on what they say in the update.

morning bignose probably right,although when i looked at the waiver regs it looked as though the granting of the waiver was pretty much a formality if the shareholders approved it.i may have misunderstood though,so anything is possible.have to say im feeling pretty p'd off with all this today.

hope they are not having trouble getting the advice letter from the independent financial advisor!