Fox Marble Share Discussion Threads

[epicwarlock] 25/5/2023 14:24

10m would triple market cap and be a 3-bagger It's very risky, but if they can get (or settle) every 5m would be a bag

[christopher logsdon] 25/5/2023 13:22

They won't get 170 million they'll be lucky if I get 50 after they've paid all the pen pushers

[mn100mobile] 25/5/2023 11:49

Are they going for £170m (195m euro) in damages? Am I correct is saying that is around 40p per share? (£170m / 417m shares)

[johnjames876] 22/5/2023 16:13

The ones who got in on day of rns milked it whilst pumping the whole weekend sold at 2p and run away

[john doe1] 18/5/2023 17:34

Also read the Admission Document, is this really a new board (a few additions I grant you) but those resigning seem to be coming back as advisors including CG on £8k a month.

[john doe1] 18/5/2023 17:11

This litigation claim will go nowhere. When did it start, 2019? It hasn't progressed anywhere since then, nor has this Stone Alliance initiative. It is all hype.

[kemche] 18/5/2023 12:30

Classic treeshake as Barry collects all the cheap stock in the background.

[epicwarlock] 18/5/2023 12:09

Any other views? .....as don't see this potential upside reflecting in current trading patterns

[epicwarlock] 17/5/2023 10:56

I'd tend to agree believe that litigation against Kosovo govt would be a hopeless cause........ but in this particular case, as another poster has already mentioned, the NED Dr Shala was previously working for the govt of KosovoSo even if they agree to make it all go away for a fraction of the claim - say 10m (Vs the 195 being claimed) to avoid protracted and expensive legal costs and remove the risk of a successful motion for a much higher sum.....well, that's a multi bagger alreadyIt's risky and a long shot, but the possibility is certainly not zeroSo overall - huge upside, with practically no downside

[mrsd1] 17/5/2023 10:03

Have put in a few grand. I think it has potential. I think the litigation result might surprise people.

[paulscb] 15/5/2023 15:22

"I would say paulscb is about to get burned being short , what a muppet"oh how we laughed, hi de ho

[doog94] 13/5/2023 12:24

As a long-term holder of Fox I had got to the point of fearing for its very survival but now we can start again with a totally different proposition. One of the major US investment banks identified modular housing as one of its 10 significant investment themes for 2023 and that is precisely where the ECO deal takes FOX. Anyone with a close involvement with the building sector will know of the frustrations of materials supply, costs and construction times. Yet with ECO, the main element of the structure is made in factory, pretty quickly, out of material which is very cheap and easily available throughout the world. It should revolutionise the way large scale housing projects are constructed.

Of course, the new management team has to perform and only time will tell on that.

And then we have the interesting litigation situation. As was made clear in the 5 May RNS, the record date for entitlement to any net proceeds of the litigation is 6pm on 26 May. There are therefore still 10 trading days during which FOX shares can still be acquired which will acquire these rights. The litigation is against the Government of Kosovo which may have thought FOX, then capitalised at around £4.5m and looking all but bust, as simply an irritation that would eventually disappear. They are now faced with a company with a Cap potentially at £54m based on the Friday close which is a premium of 41% to the pre-suspension price. I suspect they are going to take FOX/ECO a lot more seriously now, especially since the new board has Dr Shala as a NED given his previous role as a member of the Kosovo Government!

All in all, a very interesting situation..............

[tomboyb] 11/5/2023 09:14

Dumped a few here for a punt -

[effortless cool] 11/5/2023 07:38

EpicWarlock,

Setting aside any speculative upside from the court case, the RTO involves one worthless company buying a second worthless company with payment in the form of worthless shares in the first worthless company.

Therefore, perplexed as to how you arrive at a value of 7.5p per share?

[epicwarlock] 10/5/2023 19:44

Friends, can we remind ourselves of the rational of the investment case here?Based on a quick review of the RTO, does it not stand to reason that the value of the diluted shares should be around 5x what they closed at today? ....before taking any speculative upside in the court case ?If I've misunderstood the fundamentals and/ or this maths is incorrect, please adviseIf however it's about right, then this one should multibag. Not without risk,but the risk/reward equation looks very good indeed to me Would love to hear thoughtsEpic

[firestorm911] 10/5/2023 13:54

not good people. Run

Regards
F911
RMC

[toolsmoker] 09/5/2023 14:53

Just buy AST

[oapknob1] 09/5/2023 14:13

Where's this buying then ?

[stockhunters] 09/5/2023 13:25

if new market cap is £38million on relist where does that leave holders?

[christopher logsdon] 09/5/2023 13:13

Bought in all the lows Yes of course you did.

[christopher logsdon] 09/5/2023 13:01

Did you forget your been diluted, 50 to 1

[mn100mobile] 09/5/2023 12:38

Bit late but joined at 1.8p

[dorset64] 09/5/2023 11:38

Yes mate, will keep going for a while I think. Also bought only a few more on that dip. All a gamble but let's see where it goes.

[firestorm911] 09/5/2023 11:23

We are buying all the way to 3p close today, then we are going to put it in orbital tomorrow morning to 5p+.

Hope this helps.

Enjoy !!!

Regards,
F911
RMC