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I think its far too early to punt on this and the flurry of chunky sells late on yesterday bears this out. Vaping isn't a good look given the modern trend to healthy living and better to quit the smoking habit completely and save the money for other things. LTH's are largely wiped out and there are numerous better companies around to invest in at far less risk than this one.

Predictable commentary and the figures are pretty dire and concerning.

I agree. Usually a bad tactic to jump fully in on a spike like yesterday's as miners are a long-term play so drip, drip buys on any drift backs usually works rather better.

My apologies. I shall cease commenting from now on but i just hope that any readers of my previous comments were moved into selling their holdings to avoid incurring escalating losses here.

If investors weren't worried enough already they certainly will be more so now!

That's odd. iii trade immediately 99% of the time in my experience

The investigation might take a fair bit longer to conclude as it shouldn't just address the current one/s but would look back over the past 5-10 years to see whether other significant transactions were unreported etc.

Looks like this is now a non-runner as who would want to pay that price which is almost double the current SP.
Today's update of incoming funds will help keep the lights on at HQ and to fund the CEO's salary plus Wicks' monthly consultancy fees.
Management has let the company down badly so, a la THFC, should now give the man at the top the big Heave-Ho.
Its tempting to hope for better times but with the same top guy on board one can only really expect to see the same results.

Great post. Action has been take.

Ah, thanks for that. I like a bit of delving being a forensic accountant myself. IF it was that transaction then someone or someones are probably not sleeping very well right now.

Do the published statements name the buyer of those plots as it might then require just a quick check on Companies House to ID the related party?

Company hoping to raise money at a SP 50% ABOVE the current price when investors are already bailing out. Those who might wish to buy at 10p are probably those already heavily invested so thinking this top up might be there only hope of salvaging their existing pot. Why take such an enormous risk, the future here is very bleak.
Plus, those related party matters are still unclear. Surely they are pretty fact based so can be disclosed now to reduce the worry a bit that some insiders have been doing some naughty things.

Aged 74. Hopefully he'll be aware of the related party relationship laws. No news yet on that front.

Lots more news to come....

Get some discounted shares today

The company had better get this sorted pronto with suspension due next week. If Wicks is involved in one of the undisclosed related party issues it will probably rule him out of consideration. Too risky a punt now until there is more clarity here.

As I've always claimed here, the company operates as if a private vehicle and now with the unreported related party transactions issue, it is a proof of the pudding. This has probably been going on here for a number of years so a LSE investigation would be correctly due to look at each transaction to determine for whose benefit they were as if not primarily for the company then the directors would be culpable. The company is now Un-investable until the answers are known and all people brought to account.

4.6 million shares sold in a trade today for £5k. A decent sized punt sold for just a few £ profit perhaps, enough to pay one gas/elect. bill just about.

0.115 buy was for £85 of stock so can be ignored for now until some bulky trades materialize on positive news of ongoing operations

and what do you know, its shot upwards...!

Fortune favours the brave, as the saying goes

If the current board members cannot retrieve things sharpish then Administrators might be in order to secure whatever value remains here for the creditors.