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Novykluk, none of my post was meant to be discourteous at all, and a good response.
I agree that the potential dilution is probably necessary on the whole, no matter how distasteful, yet just irks me when anyone sweeps it under the carpet as if it is immaterial. I just think people should be balanced in their view like when they list what is imminent (not you) They put all the positives on there and ignore any imminent negatives, even if they are only short term. Then after it happens they say always expected that to happen. I also disagree with pointless posters like Learnertrader, saying placement at 30% discount, with no reasons or explanations. If he is so sure he would just sell and move on.
Believe me after showing years of patience I wouldn’t describe myself as short sighted when it come to investments.
Not bothered that he has stepped down as he has been useless and new blood can’t do much harm. I do think if leap was even close he would of wanted to see it realised before he jumped ship.
Pointless being too positive about the new investment because it happens every time, and then when it fails same investors will just say never liked it in the first place. GLA.
Novykluk, you put ‘Knowledgeable and discerning shareholders are very well aware that George Roach KNOWS his latest proposal to raise the share cap to the level stated in Friday's RNS, will NOT be voted through by shareholders, UNLESS there is some material change in the company's situation by 4th June when the Special General Meeting will be held.
That is clearly written as though it is a FACT, which it is clearly not, so your post is ridiculously simplistic I don’t see how it could be anything else? Again I don’t mind you making stuff up, but why don’t you just put at then end that it is your opinion as you’ve got no proof of any of it to back it up?
Again everyone seemed to ignore it, but do you think GR was disrespectful to loyal shareholders to release RNS after hours?
Novykluk, I am not saying you’re wrong and certainly hope you’re right because I have been here a long time and got a considerable amount invested, and I wouldn’t hold any share for a second longer if I thought long term it wouldn’t go down in value.
I think the problem people have as I have explained before, is that you have made wild assumptions in your post and try to pass them off as facts.
You say GR knows people will vote against the possible dilution, where is the evidence for this? It happens very very rarely with companies. Even the biggest derampers on here have conceded that we would have to vote with him. Then you say he’s done it because he knows there will be a material change in the company situation, again how can you possibly know this?
If someone wanted to put a different slant on this you could say if GR knows it will be voted against, he could sell off an asset and say well I did want the extra headroom to fund it but you voted against it. That way putting the blame on us for what a lot of people have been worried about him doing for a while. I don’t think this is what he will do by the way, it’s a wild theory, but at least admit it’s a wild theory and not make out it is set in stone.
Just because someone questions your ridiculously simplified post, doesn't make them against the company. And I am sticking with my hope that we will see .3 in the next couple of months. GLA
My average is around 12/13p so well underwater and got a considerable investment here, but not worried about it and willing to give BOD some time to turn things around, as you say hopefully a slight shift in investment strategy from the company which could see us moving in a positive direction.
Will give it a few more months and if we aren’t any closer to around 10-11p will probably cut my losses and move on. GLA.
Charlie, hopefully the headroom will be to assist in getting more funding to move current projects along. But do you actually think the share price will not react badly to this RNS, just because it might take 3 weeks of course the possibility will be priced in, you are gambling on the future prospects of the company when you invest, not the past or everyone would be millionaires.
I don’t think anyone on here thinks there will be 6.5 billion more shares in issue tomorrow morning, but not naive enough to think it won’t affect their investment. As I and others have mentioned if it was such a good RNS, which I accept it could turn out to be, why did he not release it first thing Friday morning? Do you think that sort of thing is disrespectful to long term loyal shareholders?
I would genuinely like to hear your view on that Charlie & Co, GLA.
Mattyboy, I didn’t say you had put all your eggs in one basket, I said I wouldn’t put all MY eggs in one AIM basket.
To ‘diversify’ into a number of other extremely risky aim shares isn’t really diversifying at all, you might as well pick the one you feel has got the best potential and stick it all in there as it’s a gamble anyway.
But I agree it is refreshing to see people admit losses and not just brag about profits, have been on the end of a good few losses myself-which is inevitable for anyone when they gamble on aim.
GLA and I will be over the moon if we can just touch 10p this week.
Anyone expecting any news this week?
Also, I am willing to lose any money that I invest on AIM anyway, that’s why I would be happy to vote against more dilution even if it means more short term problems for GR. Anyone who invests money on aim that they aren’t willing to write off deserves to lose it anyway.
Profil40- I didn’t actually mean people like you, I’ve got no problem with people being negative towards the company, GR gives people reason time and time again to do so.
The problem I have got is with rampers who say everything is rosy and won’t hear any reasonable discussion unless you’re saying ‘imminent’, ‘this Friday’ or ‘this is definitely it this time’. Then after we get shafted again with more ‘potential’ dilution they come on and say they expected it all along.
Gooze is probably privy to what’s going on with the company before it happens as well as others. And I haven’t lost a few hundred quid as I’ve got a substantial holding here, and ‘luckily’ my average is around .08 so still sitting on something of a profit for now.
And when rampers sell off 20 minutes before a harmful RNS is released, we are expected to believe it is a coincidence?
Then new accounts will start to pop up who have never posted before saying they’ve been here years, and it’s all still part of the master plan and EPO will be here imminently, and expect us to believe it and for us not to know that it is the same people setting up new accounts.
Laughable.
Yes but the problem is, as soon as anything like this happens there is always people who come out and say I fully expected this to happen. Didn’t see them saying it before hand that it was about to happen. Also if I actually believed this morning that my shares sat at .12 but would fall back to .08 at some point in the very near future I would obviously sell them and buy them back after the fall.
So easy to be an expert after something has happened.
Degrasse obviously the market will price in the possible future dilution on Monday before the market opens, or everyone would just sell up and buy back in after it dropped. That’s why the RNS got released after hours so we haven’t got a chance to make an informed decision.
If he wasn’t trying to shaft shareholders and he actually believed it was the best thing to do for the company why didn’t he release the RNS at 9am when the market was in full flow?
Should be illegal to release an RNS out of market hours anyway. Only reason for it to be allowed is to pull the rug from under the small investors and not allow them to react.
Jessel, Moljen can be annoying but at least he is consistent in what he always says, unlike the rampers on here.
Just hope some of the rampers have the humility come on and hold their hands up like I suggested they should do earlier this week, at least then they might have even a little bit of dignity left on this board.
If any of you try and put a positive spin on it then it is clear for everyone to see that you have an agenda.