the real stan
13 Dec 2017
$557 debt write off Restructuring is game changing. Mood at AGM today was very upbeat. $557m debt written off in exchange for shares worth approx £140m (2bn at 7p)Cash interest reduced by $92m per annum.Shareholders get diluted but company is now secure for the foreseeable future.
charlus
13 Dec 2017
Jokers Love the second to last line that says if proposals not approved "the equity may have little or no value"Have these jokers looked at the share price recently? The equity has little or no value right now!I have given a hold because I have written this one off entirely and just holding for the entertainment value of statements such as that above.Cheers,Chozza
Accypete
12 Dec 2017
Spiral of death Continues Continued spiraling down of share price, how long can this carry on?Vultures must be circling, maybe some one buys it before the final pitch into the murky sea of oblivion.No joy in seeing it go, just sadness that a good technical solution to global Internet access has not lived up to expectations.best of luck all.
charlus
07 Dec 2017
Re: -99.03% Re: New CCO - anyone care at 6p? Do we have a winner?One can only hope the BOD might have a look at this board occasionally so they can see how they have impoverished the "owners" of this train wreck of a company. Better luck next time folks.Cheers,Chozza
RichardLY
06 Dec 2017
-99.03% Re: New CCO - anyone care at 6p? believe it or not - cut and paste from my III portfolio page...
KarlMar5
06 Dec 2017
Re: New CCO - anyone care at 6p? 98.4% loss and also found AIM to be a bad place to gamble/invest.
ijmbob
06 Dec 2017
Re: New CCO - anyone care at 6p? I was offered a job by Avanti several years ago. I didn't take them up on it; but rather naively I decided they were excellent judges of character so I invested in them instead.I'm now down 98.65%. You win Chozza, just. (or is that lose?)Truly burnt. Every cent I've ever put into AIM companies has been a bad bet - never touching it again.
charlus
06 Dec 2017
Re: New CCO - anyone care at 6p? Not me. Now down 99.02%, can anyone beat that?I gave up on this lot some time ago, shame really as I think potential for anywhere broadband comms across EMEA should be huge if properly executed. Sales performance has been truly awful as half empty satellites confirm.Live & learn (sigh).Cheers,Chozza
Clarence Beaks
05 Dec 2017
New CCO - anyone care at 6p? [link] might as well delist this duff business.
Clarence Beaks
07 Nov 2017
Re: What's going on? Picked badly and unlucky.
vb6
02 Nov 2017
Re: BUY BUY BUY GCCR GCCR, are you really still here.You've been pushing the buy button since this was £7 and that was 6 years ago. Now 7p.I think your opinion may be a little discredited.Yours Incredulously vb6
once a week
26 Oct 2017
Re: What's going on? Utter rubbish Clarence.Either you have picked badly or been unlucky.The AIM market has gone from 3000 to 5200 in 5 years - not bad.
Clarence Beaks
26 Oct 2017
Re: What's going on? you certainly do get a lot of failures in business as many of my shares have taught me past few years. ive had some massive learning lessons which i'll probably never recover from. I have learnt that AIM really is a waste of space. anything in AIM apart from one or two business will probably fail and lose you money.
AD-M
24 Oct 2017
Re: What's going on? you're completely right. this is an utter dog with finance costs exceeding revenues. The only reason that this can be justified to keep running is if there's a tiny chance a competitor will buy it for the assets. And they haven' t so far with the share price sub 6 pence. I keep watch to remind myself to do better due diligence in the future....
Clarence Beaks
23 Oct 2017
Re: What's going on? Looks like pump and dump. at the end of the day, 0p is not far off now, sales poor, debt hideous, share price crashed, bond holders take all, nothing to invest in.who would buy shares in this now seriously?
