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I’m registered with the FCA so I think I know what I’m talking about
I would wait for the FRP report first to be honest
The difficulty is the company has been actively pursuing a cash raise of c£4m for at least 8 months and raised nothing. All made public.That is the defence-nobody could invest with the balance sheet in a mess.
I doubt there will be any stewards enquiry but good luck with it/you will have to pursue the directors for redress
Just my opinion but you cannot disagree that I called this car crash correctly-
I’m not bitter/I can’t believe some of you have fallen for this one.Read the RNSs again with an objective mind
I agree-it’s like a new wave of lemmings happy to walk into the trap.
£6m market cap and NO assets
That leaves 8 weeks-I can’t stop laughing
I can’t stop laughing as you are right
Why did nobody want to support the £4m raise?It was hawked around for months.
So deaf you didn’t hear the warnings
The RNSs written by David Brent?
Sticks and stones…
I’m going to wait for some concrete news-not on Tick Tock, X or Instagram.Also for the appointment of new auditors , a board of directors and someone who can write an RNS without block capitals
That would be you Joe-your words of wisdom have crashed down around you and now you’re crying like a baby.
Morning Joe
Stop talking rubbish this early in the morning
I’ve just looked at my emails and see that the deck for the £4m was issued to me in mid June 2023.At that juncture, Arena held all the cards and frankly the raise was stacked in Arena’s favour to get them out of jail.I made my position very clear-Arena need to convert as part of any fundraise.
Meanwhile Joe, you plough your own clueless furrow.
In summary, this company was uninvestable from June 2023-and here we are.I very much doubt there is any subplot.
By the way, I didn’t invest at IPO due to the extensive and heavy liabilities atttached to the IP-you should read the Prospectus at IPO for more info
You should have listened to me Joe-instead you chose to berate me,criticise and flail around like a seal pup waiting to be clubbed.I take no pleasure in pointing out that your deluded petulance has cost you.
As for your laughable campaign, get over it.
I repeat-AMTE tried to raise £4m for about 7/8 months.Myself and many others pointed out to WHI that the convertible made cash injection impossible and by the time they sorted that issue out, the genie was out of the bottle.
Meanwhile you continued to spout your ‘trust me’ and bile rubbish in equal measure.It should be you that is investigated for your ridiculous ramping
I can categorically assure you I’m not deramping to buy in cheap.I would buy in if the company delivers a contract and shows me how it’s going to work.Until then dream on-
I may be wrong but when did a war torn government last provide an oil field to a two big company with no assets-it certainly wasn’t Kazakhstan as that was the last plan
Wake up all-
It’s got NO assets at the moment-if anyone disagrees, show me where please