Don't think you've won the jackpot - this is company manipulation, since they can think of nothing better to do.
It's a sad reflection on the state of a sp that had been over 1 (when rec. by IC !) and the gradual slide to penny status and DW has other interests it must be.

This stock used to be fully listed and PEP-able then gradulaly it fell, went to AIM and - - - My holding is practically worthless - - - but bear in mind many will lose out as their holding cannot be "exactly" consolidated.
Grr!

MDY were completely aware of the Ransom situation when they invested.

The problems at ransom are what caused ransom to go for the JV and change their exec team in the first place - they had a strategy problem that the JV will solve

PW can you explain how you knew this? -
-- for my interpretation is that Ransom's downfall was mostly due to failing an Inspection and this was Reported some while after the JV...indeed I'd be surprised even MDY would associate themselves with any business with such a black-mark(as Ransom has now, IMHO) - - MDY may be judged incompetent, but not stupid, eh?.

Still, I note that MDY is on-track to halve punter's investments for another year. Grr.

june08- fine words ann an improvement and sp rises....er, but it's a loss isn't it?
Leopods and spots....this is still nowhere near (return of ) shareholder value.
jn07 sp 100p.... sp now 45p . . . . that's worse than a halving.....oh well...

(([RNSM] about 50p.June/July07.... now 9.5p - grief.))

Wht has MDY disappeared?????

lol

75pence watch out yeeeeeeeeeeeehaaaaaaaaaaaaaa!