Member Info for THGambler

What exactly has been priced in Joe?

There is absolutely no way any of the £4m has been priced in. More like the £400k we stand to lose if the merger doesn't go ahead has been priced in.

MURF sp is very volatile.

Still not a lot of movement in VELA and CIZ!

Yeah Murf on the move, hopefully all going well!

Not the best trade! lost 10% by not having the patience to wait a day!

We did. 5th September RNS

Exactly so by close of play today, you are either in or out. That could be a good or bad thing! I think there will some positions being taken today but this is vela so we may have a very quiet day!

If VELA has taught us anything that is nothing is a certainty! If the merger doesn't pass the vote thats another £400k hole to fill. You would like to think if it does though we should see some uplift here and CIZ.

Ouch!

Can only assume you are invested in enet Joe, the amount you go on about it.

Insightful words as ever Postman!

Anyway $10.82 now Joe!

Its now $10.29 Joe so.......

Very broadly speaking (I used to be able to have a better idea of our investment value but since the BoD decided to stop notifying us of any disposals it is far more guess work) we have broadly £2.6 value in live investments plus the non current investments of SGSC (£2.35m) and Aeristech (£350k) giving us an investment value of around £5.3m which when added to the cash in the bank (0!) we should be around 0.032 but we are currently valued at around £3.1M. If the merger comes off and we have the £4m in shares the SP should be around 0.04. It may be that investors want the certainty of the merger before investing which is fair enough given how long this investment has taken to hopefully see a return.

Because that is not guaranteed to happen.

Exactly, stupid comment Joe.

Stop being dramatic Joe ffs.

Seriously low volume/interest here in VELA currently

Yeah agreed Ltdaxis. Decent contract award should see some upward momentum there.

I think Andy is getting at the fact MODE have changed the name and its up....

I know its in jest but when you look at MODE which is one of VELAs biggest losers and people are still happy to invest in it with literally no fundamentals or news but won't invest here with the fundamentals and potential Option exercised says a lot really.