Member Info for Welshshark

On the bell recovery underway

.19 for £5k worth

The cash fees of up to US$6 million that Challenger could receive are based on two fee agreements signed with the new owners of Starneth and are calculated based on the incoming cash receipts from the developers for these projects. The cash payment of �1.25 million from Challenger is completely contingent on these projects commencing and paid only once Challenger starts receiving these cash fees.

Can’t go wrong from here

Owed £4.5m and have £2.5m in nyw,plus Texas wheel investment.

The Starneth sale agreement stipulated that Challenger would receive certain payments upon the closing of at least two major development projects by Starneth prior to January 2019, including the Giant Observation Wheel project in Jakarta. Challenger could receive up to US$6 million in fees less a payment of �1.25 million related to the cash payment that Challenger was due to pay to the former Starneth vendors from the original acquisition.� One common equity unit of New York Wheel LLC will continue to be pledged to the former Starneth vendors until this payment of �1.25 million has been completed.� Following the sale of Starneth, Challenger will retain its equity stake in the New York Wheel LLC, with a minimum of two equity units and up to three equity units depending on the closure of at least one project by Starneth prior to January 2019.�

Could be Friday,2day mediation event begin held,unless they announce at the event?

Could be much higher remember current mkt cap &1.1m,our stake in nyw is worth £2.5m,the texas wheel will be worth £££millions.

55-60 full ask to buy

Later today and 1p Monday

Mark Gustafson, Challenger's Chief Executive Officer said, "With a US$3 million equity stake in the New York Wheel Project we look forward to, and have every confidence in full construction work recommencing again in the near future. �We believe that there are significant vested interests to see the NYW Project become very active again in the short term. We look forward to providing additional updates in due course."

our share on nyw is worth 3xmkt cap

Anything like it took it down to 7.5 to collect stock

9.6 to buy £2500 worth mm at their best

Mm games??profitable company mkt cap£14m

Today superb news

@6.98p just in time for news

exceed the earnings expectations, of 0.8p and 2.0p per share for the first half and full year 2017-18 respectively, as indicated in December.

9.7 to buy

The Company is becoming more focussed on dealing with large, complex global organisations. This has led to a need to keep a proportion of operating cashflow e