The admiral Sadly I missed the AGM - normally I am the only one who goes. I always object to holding the AGM 11 months after the end of the year but they shrug that off. My guess is they like to bring their wives over in December for Christmas shopping.....Still the Admiral bought some shares so showing confidence.
PUSHED UP QUARTER PENNY PUSH today after my Buy but its actually a 5 % hike,
Cash to come I expect a possible loading of debt and cash dividendtiger
Re: debt free The Company intends to make its final payment of $0.5 million on September 30, 2015.
Re: debt free I think they ruled out a cash dividend in the last rns. They talked about how they would invest the money in growing the business. I just have a feeling that the litigation issue could be resolved soon and whether they have put aside enough money for this or not, it may have a negative impact on what they are able to do from now on. Hence why the shareprice and market cap seems to be low. This is just my opinion and I welcome detailed thoughts of others. Not usually much discussion on this company.
Re: debt free Cash for dividend maybe?
Re: debt free Why have they put the debt free date out to September?
Re: debt free Far too much put away to cover that.tiger
Re: debt free How about the litigation issue? I guess that is what is keeping the SP so low. I know they have had to set aside funds for this but I have no idea what the likely outcome will be.
debt free September...........let the cash roll in then.tiger
impossible to buy the last 25k I bought just pushed it back to 3.p
todays Trades Dont get too excited the 2x100k sale/ purchase were mine, triggering losses for CGT !!!! Ouch that hurt £££££
Results out in the next 2 weeks and debt reduced to zero within the next 3 months. Looking good.Happy