Member Info for thrashunreal1

RNS OUT

Big bounce???
Like Mandy Dingle falling down the stairs

We just need the RNS out

That's it. Takes time to follow regs and make sure everything is done properly. It'll come don't worry just takes time to get everything in order

Agreed Yvonne

Agreed wmsjames

I’m not concerned about short term as I have confidence in the long term prospects of this company

Oh and I checked the Bloomberg terminal before I left work and there is no other news or any extra RNS info on there either. These things take time due to having to meet the regulatory requirements and jumping through compliance hoops so Monday we should get something

Unfortunately I have no holidays left from work so I couldn’t go either

yes.....that is their job. You obviously dont understand what they do. maybe a simple google search would have been prudent before spouting an ill informed opinion

alwaysbeclosing

of course they are. their name is market makers so guess what they do......make the market.....therefore they manipulate the spread to create a market

especially when it was voted down only a month or two ago

"as disclosed in the annual report and accounts which will be published shortly, the Directors have a reasonable expectation that the Group has the ability to raise the additional equity finance required"

ability. Not necessity. As i've said before theres more ways to raise finance that equity issue. And again as I said before this was voted down at the EGM. If they needed equity finance then this would have been approved wouldn't it?

Or am I being stupid?

there's more than one way to skin a cat

and why would that require them to issue and equity placing when they explicitly voted this down in the EGM? The Sheikh has also said that it is not his intention

There will be, its just a quick one after the votes to let us know the results. more detailed one to come

all resolutions passed

RNS is in

They will if they feel like they need it. The Sheikh isn’t stupid and it seems like appointing a CO that has a good track record of securing equity finance for companies shows that. If we need finance they will get it.
As to the question of a placing, it won’t happen. They don’t need to issue more to get equity. It would make the point of consolidating the shares redundant if you further dilute the shares. I think they are looking to increase the SP to make it more attractive to companies and fund managers. I know it also plays a part in listing on other exchanges too so that may also be a factor.
What we will get tomorrow should be hopefully good news about the latest shipment, some idea on direction and updates on potential business. If it’s not good I’m not too worried as the company has only experience positive change in the past few months and it can take longer than that to reverse the garbage that Stefan has produced

reduced to nothing and given the boot would make my day :)

My guess its one seller thats been selling in traches of 20k once the price hits a certain level.....been going on for about a week now