Re: ooh , right !! Volitile share can result in BIG profits!!
ooh , right !! so can someone tell me what actually going on here ?????? up 135% one day and the next day back well and I say well below the start price the day of the rise !! ????????????? ooh and yes im £6,000 down at the moment......bazaar!! ...unhappy
Well done ..... Me Yes , despite today`s vacillations one can expect a mighty 2p+One assumes they are trying to take this private ,eventually.And May
Of Interest New investorOn 7 July 2010, GBES Ltd. ("GBES" (a company incorporated in Cyprus) signed an agreement with ERD and with EGD to invest capital of approximately 9.2 million for 53% of the enlarged share capital of ERD (part of which was given as loan until the receipt of court approval) and to provide an additional credit line of approximately 10.2 million to ERD.On 30 June 2011 the district court in Israel approved ERD request for the debt settlement and the investment agreement by the company with GBES. During the reporting period, the agreement between GBES and ERD has been completed, following which GBES holds 53% of the issued share capital of ERD. ERD owns 100% of the issued share capital of EGD, which in turn owns 68.35% of the issued share capital of the Company. GBES therefore has an aggregate equitable interest of 36.25% of the issued share capital in the Company.During the reporting period the Company received loan from GBES in the total amount of 0.2 million, the loan was granted for a period of 6 months and carries a yearly interest of 6%.After the reporting period, GBES has reached agreement with funds managed by Heitman LLC ("Heitman" to acquire all of Heitman's interests in Arces International B.V. ("Arces" and ENMAN B.V. ("ENMAN". Arces and ENMAN are both joint venture companies currently jointly owned by Heitman and the Company. The aggregate consideration for the two acquisitions will be paid in instalments and it will include the assignment of shareholder loans provided by Heitman to the joint venture companies. Completion of both acquisitions is subject to a number of precedent conditions, and is due to take place on or before 30 June 2012. Some of the precedent conditions will require the consent of the Company.Thus KBE is worth ten times today`s MCAP .In another world ,the market may be right . And May
based on the campany's view get out - don't buy.Clueless BOD.
what the f* whats going on here now then ?worth a little punt of a couple of grand or not ??please anyone !!