Member Info for tidd83

An update issued and as I expected sounding positive, it seems the quiet unnerved some PIs so a little silly the company left it so long to give a statement. Glad that they have and it's sounding very promising..

Respecting resistance, break above 309 should see a move close to 344. RSI is still in oversold territory so possible but decent rally..

13% down is a little OTT but all a patience game.. Good opportunity to top up tbh

Bloch I understand that but thanks for your reply I hadn't seen the updated RNS around the new 2992/1 conversion at the time of posting hence why I assumed people were mad lol.

Myfairlady, is that confirmed anywhere??

What I mean is, the RTO will issue a consolidation will be 1 share for every 1824 owned. The total shares in issue is to be 7,500,000 after RTO, there are currently circa 22.5Billion in issue meaning to get from 22.5bill to 7,500,000 would mean you would need a conversion of 3000 shares for every 1. Therefore you lose circa 40%

Bonker can you answer my question mate?

Share conversion is at 1824/1 current ratio is 3000/1 am I missing something or is this just an instant loss of circa 40% on RTO?

Now Darwin are out people are reluctant to buy however when they were converting and offloading they were filling their boots.. Oh the irony..

Looks like Darwin are fully converted, id imagine they would of forward sold prior to the announcement yesterday.. Lets see what happens.

Chuckkers I was actually going to say I wouldnt touch this until 0.002 was on the ask but I think that is pushing it until Darwin are out..

Shukan I'm not trying to bait you just generally interested as to what you were reading that I wasn't, no matter. Deltalo, only £100k yep not much. At present it will be about 20% of the MCAP by the time they've hammered it down and pulled their discounted conversion to sell straight on to 'you' the buyer. I'll wait.

Shukan, I've read it already. Just not sure what part you are referring to, can you be specific incase I've glossed over it?

Shukan, please elaborate..

Deltalo, no impact on the SP? Darwin?? Perhaps start by researching the phrase death spiral. Atb mate it's your money..

Milky Way, if that were true wouldn't you just take a loan and Max yourself out? Darwin aren't finished yet and any buys are just giving them the liquidity to forward sell their positions. Wait until they have finished..

Will stick bleed this company.. "Provided that any outstanding loan funds are less than £100,000, Darwin Strategic Limited has undertaken to agree to enter into mutually constructive discussions with the Company to resolve any outstanding loan funds which may include the entry into of a standstill agreement for no less than twelve months and/or the entry into of an agreement to reduce the outstanding loan funds on mutually agreeable terms." Under £100k, they can still convert 99.9% if they so wish, even at a 50% conversion rate that's still another £50k.

Kums was literally about to post the same thing.. Gold is on a bull run and should continue, WSBN are in a prime position to take advantage of this..

By smudge, picked some up here earlier, should be good for a run

There is no guarantee he's going to take it private, it's all speculation at present even with the buy back.