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I am invested here be it a small position, looking good here and gaining momentum too. I would like to suggest a tip to you. please check out SYME also in there too.GL
With a mcap of c£9M, cash balance of £5.6M and an ever increasing profit stream, currently £1.5M per annum, I believe this is a gem of a company.
The 150k “sell” this morning is actually my second buy into OCT.
Is anything going to be done about behaviour of Lenigas, Gun and Barby for allowing the ramping at 2x the upcoming float price. Investors immediately lost half their money. Also Lenigas said there would be imminent dividend. G and B etc cancelled that unilaterally which had effect of stagnating share price and interest in it. They then behind scenes used opportunity to consolidate their ownership of company above levels that would have been permitted at RTo by rules AND now can take co private at any time they want. In my experience shareholders should not trust that such people in this position will not do so. The idea that shareholders are ever part of a team is completely foreign imo
Forgot to say most involved are tax avoiders which is reason everyone else pays more. Austerity put up my bill 33% but due losses here that turned into 50% plus ongoing with fines and interest. Something has to be done to protect investors. Banning tax avoiders from any directorships could be long overdue start
Revenue up, Profit up, Cash up..
Dividend happily received over the past few years.
Final results where to be end October.
Maybe Monday then????
I thought they were granted an extension for 3months to file accounts ... 31st December is deadline?
Although the end say they were hoping to publish end of Oct.... they are not breaking any rules for missing October deadline
end=rns
Maybe it is being investigated because it was damn suspicious. Investors will be compensated fo all losses incl from extra interests or injury over past 4 + years. Separately Lenigas who has taken out hundreds of people in UK may survive by repeating he loves HMQ a few times