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Are we witnessing a new wsg ?
Hard to believe it's now almost 3 years since they raised cash (june 2021), it would seem Lunghi, short term Ghana & these many smaller tech contracts have got them through despite all the doubters (me included)
£40k of shares bought by directors around 1.8p
reduction of capital toward end of 2021:
"The effect of the Reduction of Capital is to create distributable reserves and to eliminate the accumulated losses on the Company's profit and loss account which, amongst other things, would enhance the Company's ability to pay dividends and/or to make other forms of distributions to shareholders in the future"
and now DRC finally ratified
I can give you a couple more names from the past:
DCI Tosh, probably gave up, think I might have met him briefly at his golf club, I took the cash in his fantasy football league hehe
Blowster - not sure, doesn't show up as a member, but remains my adversary in the aim fantasy football league
Jakethedog, met him once, went off the rails since and became a massive conspiracy theorist (in everything lol), appears as a new poster now and again and submits garbage before he's once again banned - made his fortune in EUA
I always said I would reinvest once they gained another multiyear contract, not the crackpot ones they achieved with the ferry and Ghana - now they have it, they just need to manage it well now like they have West Africa, they'll need funding but wording of the rns suggests this will be a bit further down the line, hopefully at a higher price