Member Info for ToS1963

Yeah, but your holding is worth circa £89 grand, and my deramping has earned me a salary of £360,000.

(For anyone new to this board, both of the above statements are untrue).

You do realise you are unlikely to have any say in the matter? You’re insufferable. And breathtakingly lacking in both self awareness or knowledge of how these things work.

Setanta, whilst I agree with the sentiment, particularly regarding AIM, could be they’re caught between a rock and a hard place. If recent weather has slowed or even stopped progress, there’s possibly not a lot positive to say, so if they announce a delay, SP suffers, and if they announce nothing, SP suffers. I prefer transparency, but I’m hoping they are waiting until there is some tangible progress before saying anything. All just my speculation. I’m very hopeful they should have a lot to say this year, and most of it will boost the long suffering SP

Yes, I’m really jealous. Wish I held 1,236,000 shares in a company that had lost 75% of its value in 2 years. What a prat.

As a paid deramper (according to BBG), can I just say that I’m very pleased with the £360,000 I’ve earned on this board since BBG started posting.

4 years ago, yes 4 WHOLE YEARS AGO, almost to the day, BBG posted these pearls of wisdom ...

“It’s completely obvious they are negotiating in the background. The auction has commenced and the bidding parties would have sought non disclosure by Mather and Solgold. Happy to sit and wait

There would be no other reason for the news blackout. The news blackout has gone on for too long.

Hold those shares all! Many grubs on here want you to sell them!!!!”

For those posters on here who keep banging on inaccurately about “those pesky auto bots” when referring to automated trades, here’s an explanation which hopefully puts it to bed, recently posted by another contributor on the LGEN board.

https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html

Did anyone here read the 2nd Feb 12:19pm RNS? How can you read that, understand what is says, and still claim the drop is overdone? The board have admitted they will shortly need another raise, recognise that as things stand, they would not be able to, as any raise would need to be at less than the face value of existing shares, so are seeking an EGM to split existing shares into 0.9p and 0.1p face value shares. They know, and have announced to the market that a sub 1p, and discounted, share placing is on its way, subject to shareholder approval. Therefore, they either get that approval, and there will soon be an opportunity to buy discounted shares we’ll under 1p, or they will go under. How can you possibly be surprised at the subsequent price action? At least (unlike many other AIM stocks) they are being transparent.

Look on the bright side. I suspect you will soon own 10 times as many shares as you do today.

Sorry, the one before today’s. In particular this bit.....

As the Company is not permitted by law to issue shares at an issue price which is below their nominal value, the Company's ability to raise funds from investors is limited due to the proximity of the mid-market price of the shares to their nominal value. Whilst the Board's objective is to achieve the highest possible issue price for the Company when issuing shares, it is cognisant that, given current market conditions, the Company may be unable to issue shares at a sufficient discount to their market price in order to attract further equity investment into the business.

In order to enable the Company to issue shares at an issue price which exceeds their nominal value, shareholder approval is being sought to complete a Capital Reorganisation.

The Capital Reorganisation will involve:

· each of the existing ordinary shares of one penny each will be subdivided into and reclassified as one New Ordinary Share (defined below) and one Deferred Share (defined below);

· each New Ordinary Share will be an ordinary share in the capital of the Company with a nominal value of £0.001 (0.1 pence); and

· each Deferred Share will be a deferred share in the capital of the Company with a nominal value of £0.009 (0.9 pence).

Mrmag.... read the latest RNS.

Top locks... I read into yesterday’s RNS that the board are more or less resigned to raising more cash, in the near future, at sub 1p. I’m therefore pretty convinced they will go down. Your point regarding a big player looking to scoop up the brand is a valid one, and if that happens whilst I’m out I will miss the boat.

I did sell yesterday, and do intend to buy back at a lower price if one becomes available. Don’t see the reason for your confusion? And if you look at the timings of my posts yesterday, I decided to hold and forget PRIOR to the second RNS, which prompted my sale.

Porkies? Grow up.

Hi, I invested my better half’s SIPP for her, and she was keen to avoid “sin” stocks, so I ended up choosing Baillie Gifford Positive Change. I’m reasonably happy with the performance there, so another one to consider.

RobDog.... you say below

“ This is heading south at the moment, so why don't you sell all your holding then re-visit in say 6 months. If it's dropped to 0.5p you can then buy nearly twice as many shares for the same money you have invested at the moment. That's got to be better than sitting on the shares and worrying ”

This is exactly my plan.

Sea tank... I find the quieter the board, the more successful the share on here! It’s probably not too bad an investment strategy to seek out the boards on here with less noise, and make a portfolio of them!

Fill your boots, and good luck.

Apologies for all the typos and grammatical errors in my last few posts. I was multi tasking, frantically trying to offload this dog.

Take that back. Eventually got out. This is going sub 1p in short order.

..... and guess what. I cannot eat quote to sell on either AJ Bell, or HL