Member Info for Worzel

Whats the chances of this lot raising at least £6m ? Bearing in mind they aren't making any money.
Or is it all just a smokescreen for the company to be taken out for a bargain eg 1p a share?
Seriously has anyone any thoughts on this or are people on this board just here to try to make a quick buck without really having any knowledge of the existing set up.

I dont think anyone on this board has a clue about ESL, no clarity, no results. What even is ESL? How much cash at hand? How much debt? They have already said they wont make a profit this year. So many questions, answers welcome

So let me get this right the company has around £250m of debt and expects to make a loss this year, cos if that is the case this is going to the wall. How much cash balance is left?
Where are the results/interims ?

IAG just put out a statement and it seems no one has a clue as to what may happen to the SP tomorrow. Could be anything from -25% to +15%, personally I think it will be hammered tomorrow but wtfwik. Shares in American Airlines doing well today.

If you look at the charts 20p by Christmas I reckon

Fill yer boots absolute bargain

Just seen a convoy of Eddies, tried counting but lost it after being overcome with emotion. 40p by Christmas

This bit concerns me, have they no clue what's going on regarding company performance or am I reading it wrong?
"The Company notes that, at this stage, no conclusion can be drawn as to the potential impact of the exceptional volumes highlighted above on the profits or losses attributable to the Company for the year ended 30 November 2020."

For a SP by Christmas competion?

Oh... Eddie,Eddie…… Eddie,Eddie,Eddie,Eddie……..Sto-obart. :)

I hope your right Longwait, I have put my whole pension pot in this after reading your posts, 40 years worth!

After reading a few of LONGWAITs posts, I've decided to buy in, only half my pension pot for now, I'll put the other half in if it goes down :)

Didn't read about the giant squid in an rns, it's got coronavirus as well! that's not good

Thanks for your replies, and for the reminder LW, you win some you lose some, no longer holding BTW :)

Why sub 15p then

Have HUR ever made one and if not when are they expected to?

Cracking update, glad I bought more at 7.40

From what I've read elsewhere, expecting something this week. Although they may wait for any contract news to provide an update. Certainly would expect something this month, hopefully with a few new contracts to push back up over £10.

TBH I can see further drops here, maybe as low as the 60's. If keeps dropping then questions will be asked about debt servicing, market cap. Profits havebeen deteiriorating for a few years now with no sign of a turnaround, momentum building of larger profit losses, this could be decimated this week. Hope not cos I'm in at £1.01 and £1.12.
May be afew year to get my breakeven but nice divi will ease the pain.

Sold out today for a decent profit hopefully I wont regret it, seems like a decent company here, look to buy back at some point