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I also contacted IFC and Tim replied. Since my email it is worth noting that their website has now been updated and mentions their appointment to aid BOU in an RTO and re-admission.
ML did not speak to me direct, as said 2nd hand. To a degree it makes sense. However, who knows maybe the BOD have been able to renegotiate, or looking over other targets. Matters not really, we just have to be patient and await news...... I for one very much hope that something suitable is acquired.
Jace, it wasn't spoken in confidence and it was regarding a comment that Martin Lampshire had made to someone else, i.e. 2nd hand.
Hi Jace, it was me who posted. I was talking to someone who knows one of our Board members here, dealing with that acquisition. I was told that the company they were looking at, was too expensive. You do not have to believe me, however I do believe it.... I'm in here more than most, so I am looking for a positive outcome.
I think it was, but as mentioned it was a snippet of a conversation with someone who knows one of our BOD and so it was 2nd hand. I couldn't really dig! Was feeling much the same, at least something going on in the background. Patience required......
I'm assuming that is/was the case, at the time.
I did pick up on the grapevine last week that one target the company had in mind was too expensive. No more detail than that. Perhaps they have continued to renegotiate, perhaps they have other targets in mind? Like all, awaiting further official news from the company.
Up again, probably just a temp thing/server issue......
Who knows? Fingers crossed, perhaps they are updating ready for an announcement!
Simonthezealot, given what you wrote previously, I think you owe people apologies for your double standards?? 15th Nov “sp could go up circa 7 times from current levels. Invest 5k in now and you could be looking at 35k. Who would want to not be in this by close of play today?”
15th Nov. “Don't be one of those investors sat there on the sidelines waiting for an opportunity to get in. We are consolidated at the 3p mark, so where we are right now is where you need to be. This is a perfect storm and when and not if the rns lands in due course, do you really want to be the investor who said 'I nearly invested in EUA before the rise'? This is a very rare share on AIM. What we have in exclusive. Don't be the nearly man / woman. You know it makes sense!”
16th Nov. “You all had your clues last week imo. Can you hear it coming in the air tonight, because I certainly can!”
Fingers crossed BOU comes out of suspension reasonably and we can make use of some profit to purchase more SNT.... Otherwise patience again! :-)
My guess is that the free float is now less than 30%....
RNS has left me intrigued. Very much a brake on price run, but unclear why. Thanks to all for recent input. Not sold a share, topped up on way. I'm looking after a few % and I suspect a few others are, which I think makes the market for here very tight!
Companies more suited to crowd funding you mean? Hoping for an established company/s with good margins and potential profit growth..... preferably strong, or niche/growing market place!
Could see some media coverage, given its the H&W site.
From the RNS:- "Fresh capital has been raised in the period and the Group is now moving forward with confidence, unencumbered from any ongoing liability for its past loss making, and cash consuming, activities." & "The Group is in a good position to achieve its long term investment plans. Discussions are progressing towards reaching a decision soon on the investment and we will keep shareholders updated."
My interpretation of "investment"is not closing down a company? The early part of the RNS mentions tidying up affairs, ready for any investment? Yes, of course, slightly nervous at this time, but also no sign of larger investors leaving and so my take is that the company is progressing slowly, but surely......
Great to see strong news flow. Will be very interesting to follow. Have been patient. Topped up a few more this morning ...
Did say be patient.... :-)
I think its great news. I brought a couple % and I for one will not be selling in a hurry. The company is profitable, has some new long term holders and is growing. I Shall look forward to further updates...
My understanding is that an old business of Antos, probably based in Florida, is or was linked to the assets. Not sure what physical assets were left in the business here, but I'm pretty sure that he wanted to buy them, might be even just sentimental? Despite that he still seems to be keen on supporting BOU, otherwise why take up warrants?