The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
This was tweeted by wizardbattery on 27th May 21:
"Souce clowe to the case
In the last 5 miniutes its just been confirmed
In court settlement
5 million upfront
With a further 5 million coming within the next 18 months in installments
Anyone else picked this up"
I'll leave it at that. Have a food day all.
This is to those with a better understanding than me.
Now Story is exercising more warrants, does that mean that he would have to be noted as a significant shareholder if he holds these? 3% of share issue requires it being noted, which this is. And if he still has some of the previous warrant shares, he should definitely be over the limit for notification.
We suspected he forward sold the last lot, so assume it doesn't need notifiyng?
You haven't been laughed at for what you've been saying, you've been laughed at for wearing Cuban heels in an attempt to disguise your obvious small man syndrome.
See you down the discotheque, Hot Rod
Faces are going to pop up again, shouting loudly about the court case and whipping everyone up to a frenzy.
I'm sure there'll be movement this week, but looking at the bigger picture, there's far more at play here. The MM's will need sharp encils this week.
These are all useful things to bear in mind. If all goes to plan and these reach satsifactory conclusions in our favour, that's further funding for research, hardware etc.
Litigation is such a laborious thing, but there's always a bitcoin or so at the end of that rainbow...
Just in case you weren't aware Mike, QBT get 70% of any award, with the other 30% going to Sipiem's previous board.
Even still, looking around the £5m mark which is defintely not to be sniffed at.