Large drop in revenue due to the Hotel and Tour failure (ORH Spa)NAV of the company equivalent to 7p per share (700% up from where we are)Only 2 employees with running costs for 6 months of 180k EurosRejected 2 offers which were too low or had restricted conditions which the board couldn’t meet?? (wonder what they were)Looking for a buyer in 2015Invested in Hotel and Leisure Fund (H&L) in 2014 and streamlining that for sale in 2015 ïŠGood News Also quote ; “On 18 March 2014, the Company announced that it signed a £10 million equityline of credit for a period of two years, with GEM Global Yield Fund Limited("GEM"). The Company will also provide GEM with 11.5 million, five yearwarrants at a price of 4.4 pence per ordinary share.†Also suing the local Piemonte region for 34.5M Euro, probably a red herring but who knowsCant see anything bad in the accounts for 6 months to June so I guess its more patience required and see what pans out over the coming weeks with the SP if people buy it or sell it
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For the DTM chaps.
DTM Early Birds is a discussion created by BuyBAO on 30 Jun 2014.
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