Member Info for threeputt

£18m cash in the bank too at the interims

blimey you take an early lunch !

"the Scheme must be approved by a majority in number of the Amerisur Shareholders voting at the Amerisur Court Meeting, either in person or by proxy, representing at least 75 per cent. in value of the Amerisur Shares voted"

I agree with Jimzi, probably plenty of cash in the bank currently so no need t raise, I think the only reason they might want to raise would be if they wanted to clear the cln £2m debt but I think thats unlikely and why would they want to currently ?

No I'm Spartacus !

Just Imo !

oops !

I've got a lovely blonde I can bring....
Oh that sort of dish, ok then custard pie from me

I can definitely vouch for JTD, truth is he only came on here cos I couldn't understand the news either !! Probs get more sense out of you lot !

For all who are saying this is a derisory offer, unless there is a counter offer then all those companies doing their due diligence didn't think it was worth more, how can that be the boards fault ?
While I was hoping for more I'm nonetheless not surprised at the offer, I don't however believe this is over yet.

To all the naysayers I see it differently, maybe I would because of my 12 average, but we could easily have seen an rns saying no sensible offers and the sp shooting back down. We have an offer above the previously mooted 17 and I can afford to wait and see if this starts a bidding war, it could couldn't it ? Could take a while but personally I have time on my side

depends if the market thinks there might be a counter offer, if it does it might exceed it, else it'll probably settle just under 19

Tricky Dicky 2 been moaning for the last 5 years in EUA, and look what happened there eventually, you're not him in disguise are you ?

you gonna raise or what ?
Tired of waiting !

never trust a new poster.....

Another fact, directors bought in heavily in January in the 17's, they must have seen worth at that level

Been upsetting my mate Kane I hear

" if like me you must always have the last word"
- you can say that again !
Give Jake a pat on the head from me

even Palace have got more chance of delivering :)

Indeed, not exactly confidence buys, no doubt a pittance of their annual salary.

But haven't you been saying the same risk reward on WSG for the last 5 years ?
Give Jake a pat on the head from me !

continued......

"In Note 12 on page 46, customer lists are shown with a value of £2.2 million. These are basically marketing costs which the company has chosen not to recognise as expenses during the period when they were incurred. This is highly suspect, in my view.

On top of that, there are another £580k in product development costs which have been recognised as assets rather than expensed.

Hat-tip to the message board users who pointed me in the right direction, noting that the company's reported earnings were questionable. I'll certainly be staying away from this share for the time being."