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Ah, I take your point. Well, I no longer have to worry about such things as these days all my investments are within tax free wrappers. My shares are worth circa £60, less £6 barclays commission if I sold them.... nah, not worth it, I'll take a chance on the paper certificates.
Yes, I noticed yesterday's rise. Leaky, leaky!
You're more forgiving than I am Jatw - after all, the sp was over 40p a year ago and again just two months ago.
Certainly hope those small cap funds shove some money VLG's way as it's been a frustrating wait.
No worries, but I don't get your logic. If the shares are essentially worthless, why sell them?
Yes RichWG, if they do manage to turn it around and bring it back for a profitable exit, experience of IPOs has taught us all that the correct strategy would then be to cash out within the first few days after the re-flotation. Long shot, but what else?
I keep looking for a reasonable exit for this dog of a share but it never comes. How I wish I'd sold out a year ago when Ashley and the Alliances were fighting it out and the price spiked to 42p. The Alliances are rich and they have effective control of their baby. There's no incentive for them to change the management or shake up the operations or even flog the company to a smart operator who will extract value. As it is, nobody can do anything. Company won't go bust, but I can see a long, long life in the doldrums. When founder/owners are a negative in a company's existence.
One can request a (paper) share certificate via your online broker. That's what I'll be doing with Barclays. I'm not sure if it means it drops out of my tax-free wrapper (ISA) or not, but it makes little difference anyway, as there aren't any profits! Once private, the company may (or may not) provide limited 'over the counter' trading facilities, but the chances are one will be holding and waiting in the hope that the company will re-list at some distant point in the future... when everybody's forgotten it all....
Exiting an investment by bringing a company to the public markets is absolutely the main way private equity make their money, so I think there's a good chance, *if they are able to turn the company around*, that they will bring the company back to AIM, though it probably won't be called Loopup....!
Obviously no guarantees here - very far from it - but given my shares are valueless now, fwiw this is how I intend to play it.
Interesting how HEIT has had a good few days while GRID continues to fall.
Yes, he's the founder/CIO of Harwood Capital, the outfit behind a number of well-regarded investment trusts. I think he also resigned from the board of TRLS recently. So, resigned from the board but invested in the company. I'm not sure what it all means, if anything, but there could be something afoot..
I see Mr Mills snapped up 12.7% last week, per an RNS released after close of play yesterday. Can't be a bad sign, can it?
A perennially disappointing share. Why do I fall for these recovery stories? Three years and waiting...
In the results they say it's a key element of their strategic plan "to drive operating margin growth over the medium-term to our target of 5%". Says it all really. A low quality business in a tough sector. Whoops!
Paid for content - hence why Vox is full of dud companies that desperately need promotional help.
Reading the last few RNSs and nothing clarifies. I read a significant Director buy, but then I realise its the new Chairman and it would look real bad if he was shareless, so of course he has to buy. Then I read a significant TR1 (+5%), but then I realise it's Canaccord, the new Corporate Broker and I wonder are they really independent? I read of a couple of contract wins, but they are small. I'm a shareholder, I want to be optimistic, but I keep finding qualifications to every bit of 'good news'.
However, the real problem, as Im increasingly seeing it, is this company's tiny market cap of