Member Info for THGambler

Value you win through eventually, just too many who have been burnt on this share before getting out.

I make our investment portfolio worth roughly £7.2m, our current Mcap is £4.5m, still a loooong way off fair value.

someone wanting to take this over could get a bargain and sell everything and make a tidy profit!

Looks like everyone has given up. Nearly 3 times more sells than buys

Yeah, this is very VELA. CSFS up 20 odd % today we have over £4m in CDT and we are level for the day with basically more sells than buys.

Tell me if the BoD was any good we would be roughly 40% below the fair value of our investments? Its the lack of trust in the Board. Lets see how the AGM goes...

It's going well so far. I don't have L2 but once the buys are printed there will be some chunky ones in there.

This will be one of the hurdles, the fact the BOD let the SP get so low mean there will be a lot of traders selling into any rise. We already saw some selling on Friday for a quick 10-15%. If we had a higher base this would go a lot higher. But let's see. I'm hopeful for at least fair value and an SP 0.04 but if CDT rises further before we sell our shares this has legs to go further.

Will be interesting to see where the BoD put the money.

Because your chart said so? Look, I don't believe charts but have respect for people who do. I hope you buy back in on Monday as no doubt that would mean you think the price will go up accordingly.

I know your charts don't take this into account but we have circa £7m in investments which is not reflected in the MCap . The SP should be in the 4s if it were to reflect fair value.

Good luck to you whether you buy in here or not.

CDT has gone up and we have exercised the option. Hardly rocket science. You also told us we were obsessed with getting an RNS. But look what happened after we got an RNS! I wonder why the SP went up, was it because we got an RNS basically saying we have £4m in in CDT or was it because the chart looked good?

Whilst I agree with the numpty discount. We have a live investment value for the SGSC investment now, Previously this was a non current investment and no way of pegging it's value.

I don't mind, just added some more. Bargain price currently, now we have a value for the CDT shares.

Spread is dreadful which isn't helping. caught the MMs off guard.

Monday will be the real kicker.

3pm on a Friday not the most ideal time but will take it! gives the weekend for people to see the value in VELA now.

At the time of writing the rough value of VELA investments (current and non current) is £6.9m. our current Mcap at current SP (0.24) is £3.9m the CDT investment alone is worth more than that!

Exactly, any north movement on CDT is pure profit for VELA. Cant help but think the RNS being late on a Friday will go missed by a few as the SP is not anywhere near where it should be

SP should be well into the 4s for this to be fair value. Long way to go still. Value for new investors alike.

Well done to those who stayed and were vocal in what the BoD should do!!

1,015,760 shares at the current SP($4.99) = £4.2M well over our MCap alone

More shares than we thought as well!

Boom!

Msuk.int makes me laugh. Your charts won't help us without an RNS! no way this goes higher without confirmation. We look at the fundamentals rather than lines and curves. An RNS confirming we have 976k share in CDT and the SP rises. An RNS stating we can't exercise the option as the BoD have messed up and the opposite happens.

SP responding to the silence accordingly.

If we get no confirmation the option has been exercised the only logical explanation is they are not able to. Which means they missed the boat when the vwap was over $5 when the CDT SP tumbled. If that is the case the BoD have zero control on the situation and we are left hoping the vwap gets to $5 or more.

This is not good as we have effectively gambled £2.7m that the vwap will get back >$5 as we did not exercise the option when we could have.

This is MY opinion based on what facts we have been given by the BoD so far. There is no other reason the BoD have not exercised and show a healthy return on the investment. But i did say logical explanation and not much has been logical with this BoD, one only has to read an email from Brent to see the standards.

Will be another rollercoaster there today then!