Member Info for Unclejim

It might not be very festive but the decline in SP is down too our clown BOD only. The markets have not been great but their attitude and any lack of director buy ins shows the confidence they have in their own ability.

If you add our CODE, ENSI and money in the bank together then it's probably not far off 2.6 million. So at present the rest of our investments are adding nothing in value to our SP. To be fair some of them are worthless but that could turn around at anytime. Even AZ1656 mighty one day actually be worth something.

ENSI over 90p and still only a relatively small rise here. Very odd as that one investment has added a good bit of value to our holdings.

Strong buy? Not sure about that but it's nice too see us blue for a change.

Haha, buy on the dips. Considering this has been one long dip then I am not sure exactly when you would hit the buy button. The SP has here has not even gone up on the recent rise of ENSI. Nobody, including the BOD is investing in this turd of a share.

Yes, let them crack on buying cheap shares or giving themselves freebies whilst earning a considerable wage. They are paid for results and so far all we have is a possible deal that is yet to be signed. The jury is out.

I am sorry dickie3times but UFO is my biggest holding and I agree with Steveomining. I think today's RNS is a massive kick in the teeth for us shareholders. He has already managed to buy cheap shares and now awarding himself even more potential freebies. Don't forget his first task as CEO was a placing. The deal with AA is not a given and is taking longer than expected. Not really impressed with his first 3 months in charge. Certainly won't change my Xmas with my family as its only gambling money but Rod McIllree need to achieve much more in the new year.

Easy to invest huge chunks of your own money when you are getting a massive discount to the SP at the time. The SP would have to drop a long way for him and others to be under water on their share purchase. What is Rid McIllree salary at UFO? I think it's a big reality check for me not to get emotionally attached to any share. The BOD could not give too hoots about the humble PI.

Since Rod McIllree has come onboard we have had a placing when we where previously told further dillution was not required. He has bought shares at a discount to the current SP and now awarded himself let's of freebies. Yes, we have a potential deal with AA but that's all it is, potential. Nothing is signed yet. We are still waiting on any news from EH and the SP is hardly flying. Time for the full BOD to start delevering share holder value not just freebies to them selves.

Not impressed. Its just greed, they are already being paid handsomely for doing their jobs.

Our SP is not far off the value of both our CODE and ENSI holdings.

They will probably buy back ENSI at 76p

I didn't say it was not made up or I believed it. The post could be true the post could be false. I am just pointing out you are clearly wrong claiming Jordan was answering your question. I am not particularly intelligent but I can tell the time. He clearly made his post before you asked the question on here.

Wenstland. You asked the question at 10.13am about the 121 meeting on this BB. Jordan had already made the post on the telegram group at 9.59am. I am hardly a detective but it's quite clear he could not be answering a question that you where still too post. It may be rubbiush it may not but you are certainly wrong on this point.

No, there will not be news on the Laiker share sale. Brent has already answered question on the subject via email. As far a Vela are concerned it was nothing to do with them and everything was done legally. In Brents words "you need to ask Mr Laiker"
I predict the next RNS will be the next quarterly report and the SP will be at sat around the 0.015p range.
I will be taking bouncers dreams advice and switching of for a while. Best of luck to all Vela holders.

The drop too 0.02p has been completly understandable due to the incompetence of our BOD and their failure to report anything. Add that to Laiker getting 0.04p and the missing money and I get why the SP is at rock bottom. I do not understand the drop in the last week though. One of our investments has added a decent amount to our value. Surely that warrants an increase in SP not a drop of 20% ish.

The BOD also met with ENSI in the last quarter. Well I was wrong with my delayed reaction. Looks like we are heading back down to the 0.01s.

Might get a delayed reaction from the ENSI rise today. Great timing as ever by the BOD selling some ENSI before the rise. Hopefully we still have some left.

4% down seems a little harsh when one of our bigger investments is flying.

In fact I will take back my last post. I will not be buying more Vela and that is the reason why. The chumps in charge don't bother to inform us about selling investments because they deemed the amount insignificant.