Worthington Share Discussion Threads

[roydyor] 02/3/2020 11:57

The NAV was based on the RAP share price being higher than the previous year but if you look at the RAP chart, the price in both instances was only at those prices for a short period and is now below half of that value, assuming that it would be possible to get rid of so many shares at that price even. I would put the NAV per share at closer to 0.1p and not the near 1p claimed in the audit.



Edit
You need to load the two year chart individually as it does not carry over with the link.

[davidkip] 02/3/2020 11:32

Well done, better late than never.

Stated net asset of 0.0085p/share. And a yearly cash burn of circa 20% of the net assets (and with a statement in the report that they can sell down the assets to meet their liabilities - mainly paying the investment manager and directors plus legals.

Last trade on Britdaq was 0.03p or some 3.5x over-valued compared to NAV.

[knigel] 01/3/2020 12:40

Well the team holders do dance around the subject of their two investments being suspended. The latest episode being the Whetstone missed deadline..

[philobeddoe] 01/3/2020 09:06

Which one is Johnbri4?

[davidkip] 01/3/2020 08:42

If you miss a Feb 29th deadline do you get until another Feb 29th occurs to file?

[sweet karolina2] 29/2/2020 11:37

Maybe the accounts will be filed electronically today and we will be able to see them on Mon.

[spikeyj] 29/2/2020 11:35

... high liquidity?

[knigel] 29/2/2020 09:02

Next leap year?

[davidkip] 29/2/2020 08:51

Looks like Companies House has a problem, I can’t see the accounts. I know S Wales got badly flooded, perhaps the paperwork is floating in a puddle somewhere?

[spikeyj] 28/2/2020 23:02

.. one day left to publish those whetstone accounts ...?

[arthur_lame_stocks] 28/2/2020 17:58

Now it's 2020 does anyone else remember Aidan's WHET predictions for 2019?

I seem to remember it was something like a market cap as high as WRN's at the peak.

Nice one Aidan.

[jjw fan club] 28/2/2020 10:31

It wouldn't take your weight fatty.

[knigel] 27/2/2020 19:17

In South Africa?

[spikeyj] 26/2/2020 23:51

Copperwindow EUA 44362, just for the crack.

[jackjackjack1] 26/2/2020 20:11

You need to come back sort your awol GF out and rack up in court and show us all you got and tonight she is awol lol massive can’t wait for weekend . Come home mate and we will all rack up in court for what I don’t know but I will be the one grinning also with a tan muppet

[knigel] 26/2/2020 19:46

..you just haven't bothered posting for over five years...

[jackjackjack1] 26/2/2020 19:35

This thread is about wrn and yes I have shares but DD you should see Jj dumping quicker than you can dump flagship what a catch

[jackjackjack1] 26/2/2020 18:43

Jj is the the GF she loves to be called it. DD please tell us how we are all going to have our shares back at 2.10 2.40 or 0.87 please you keep telling us you have this information