Endeavors Share Discussion Threads

[gogoneko] 04/8/2008 22:18

If it comes to the chop it'll be interesting to see how much the IP was really worth, maybe enough to repay creditors or preference shareholders (if any - can't be bothered to check) and leave a penny or two for distribution to regular shareholders? Nah! Probably not. Can't someone hurry up and buy the company for a few £m and get all the patents? :)

[gogoneko] 04/8/2008 08:51

I would expect they'd need shareholder approval and may be obliged to repay creditors. If they're still a going concern they could be delisted and the shares traded on JP Jenkins I think.

[gogoneko] 02/8/2008 12:06

They're not finished just yet, and the few k I picked up were based on SaaS being a good market to be selling into and the best hope, for as long as I've been sitting on the sidelines, of them finally making a profit. They were also making the right noises so I'd hope they'd be given the opportunity to continue.

Ultimately though the company may have been overstating the prospects - as has been a perennial problem with this lot, so I certainly don't hold a grudge against anyone having second thoughts about throwing more money at them even if it's cost me a few quid in the process - I'll just be more careful in the future.

At close of play the market cap was £5m and I think that any vultures circling and hoping to pick up any of the pieces following a potential collapse will be playing a risky game, i.e. why not offer £7m for the co. so as to get everything (tax breaks, IP, skilled workforce) then dispose of the surplus in an orderly manner, instead of hoping to cherry pick with no guarantees you'll get anything. If the company really doesn't have intrinsic value nor potential then of course it's just as well that it goes under now and there's no further shareholder wealth destruction.

[gogoneko] 01/8/2008 11:19

I'd like the first option please. Thanks in advance :)

[gogoneko] 31/7/2008 17:30

big bolleaux

[mikestamp] 23/7/2008 11:45

Very good lord, but are they going bust ????