Westminster Share Discussion Threads

[justonetea] 26/10/2020 08:53

Levelling the playing field. This is the one guys! Start buying now! This share price will rocket before the year end....... Major investments from government bodies and capitalists in the US are looking to launder there money in overseas accounts and stocks to avoid taxes due at the end of the year!!! What better place to invest than this company that is clearly under-valued! Plenty of potential contracts on the horizon, especially with COVID 19 fears looming! (12p coming soon)

[dodge_city] 18/10/2020 09:08

Spot on, in other words Fowler has been lying.

[graham1ty] 18/10/2020 08:29

The purpose of the January fundraising was to pay down the Convertible Loan Note. They paid down £0.56m immediately in February However, since then, nothing.

Holders have converted ( so not paid down, just converted) £96,000 in June, and £112,000 in October, bringing the total outstanding down to £1.477m.

BUT, the Company has NOT used the fundraising, or the finance facility to pay down the CLNs. The smaller and smaller amounts getting paid by Riverfort must be being used to keep the lights on. At 13.25p WSG would be getting £150,000 per month from Riverfort. But at 6p ( there are commissions to be paid) WSG will be receiving c£60,000 per month only. And it goes on and on, with each month Riverfort able to sell another 1,200,000 shares, not caring a jot the actual sale price.

[optomistic] 17/10/2020 17:29

sohaa3 posts and it reverts back to dodge...what's amiss?

[dodge_city] 17/10/2020 09:42

Apparently flogging soap to prisons is going to make everyone millionaires.

[this_is_me] 16/10/2020 19:05

Seriously undervalued yet again.

[dbnout76] 16/10/2020 13:17

The question now is whether it will actually drop into the 4's??

[dennisbergkamp] 16/10/2020 11:28

Super frustrating!

I backed up my original play with more at over 9 and it just continues to languish... Any strength sold into...

Only light si the change of the debt into equity at 10p

D

[napoleon 14th] 16/10/2020 11:15

Db76 - same here, paid average 10.25p in May on what looked like progress.
G1TY has a biased point about sales not closing, as in turned into active contracts,
but some have, which he doesn't mention... WSG seems to only just limp along...
WTF?

[dbnout76] 16/10/2020 08:33

This is looking pretty grim! I actually bought back on on the back of the latest news thinking it would be the catalyst to get it moving again!How wrong was I

[dbnout76] 15/10/2020 17:06

They must be a complete disaster!

[deanowls] 15/10/2020 16:52

The vending machines must be smashing it.

[dodge_city] 15/10/2020 16:28

Still way over valued, 3-4p would be about right.

[optomistic] 14/10/2020 12:19

Well that' another 300K traded...all sells :-/

[optomistic] 14/10/2020 11:36

Just 2.9K shares traded this morning! they may as well go for an early lunch today...and stay for dinner as well.

[graham1ty] 13/10/2020 20:45

Just thought I would pop in to wind everyone up !!!

East Africa MOU, Nov 2012, delay 95 months
Asia MOU, Feb 2015, delay 68 months
"New country" MOU, Oct 2015, delay 60 months
East Africa 2 MOU, Dec 2015, delay 58 months
MIddle east 1 MOU, JAn 2016, delay 57 months
Border project MOU, Feb 2016, delay 56 months
Iran, MOU and LOI, March 2016, delay 54 months. “Signed” but not operational
Ghana TPA June 2019, we have still not had the final contract signed, so call that 16 months delay.

That "adds up" to 464 months of aggregate delays, Almost a 39 year wait !! Nothing new ( apart from Ghana) has been signed for almost four years, so that flurry of supposed activity either side of Christmas 2015 has produced absolutely nothing.

[dodge_city] 13/10/2020 14:40

Nope. I started looking at this company this year. The share had a tendency to spike quite high on news but not anymore.

They had a decent first half but have lost momentum and are now jumping on just about any bandwagon that comes along.