The RNSM announced that it had sold its old factory site for ?8.575 million, which is way above the value shown in the company accounts. It looks as if this will increase the companys Balance Sheet value by approx. 35/40%. The companys Market value (based on the current share price of 42p) is under ?10 million, whilst the Balance Sheet value will be approx. 15/16 million.
This would seem to indicate a seriously undervalued (and cash rich)company.

In hindsight you are right; but time and time when I've attempted this I've missed the sell-point. With spread, it means I'm quickly negative...and locked-in another loser . . . . arrgh!
I cannot see why this stock is now worth 50% more than a few days ago.....( sp rise today)...it's just as likely there will be some news to dent the prospects - and whatever happens it won't be in good health for 12 months, maybe.

Bad fall again today ( due to Banking issues Worldwide), and so on. sp 9/10p with just 3600 worth traded - looks like a bit of a nasty cold.
/
Oh dear - mind-you better than the minus 30% for Pipehawk[PIP] which is a similar shambles.....and probably having even fewer customers.

The shares have been suspended pending a possible cash takeover of RNSM which was expected and way over due but the thing that really concerns me about the current situation is having to go to the banks for what is really money to keep them afloat.Because they sold the only crown jewels they had the Hitchin site they have nothing else to raise money against really without selling some possible brands,this is only my opinion could Tim Dye the former CEO be lurkin could be/maybe or neither but it is a oportunity to pick up a bargain he has contact's

Anyway in the coming days and weeks the mysteries will unfold :-)

Mega.........

Looks like a"goner" imho.

I have just consulted my Crystal ball and Ransom shares will resume tomorrow on the AIM market and this crystal ball also tells me they may have a buyer for the Witham side of things.I think they could just pull through with the new management and the changes that are happening.This is only my opinion.

Resumption of Trading= 7 Jan 09 - well and good, now let's see what the Market thinks of the rather-thin RNS. . . . . . . . . . . . . . . .
OOps A director buys 100k-worth....at the all-time low of 3.5p (ie immediately following the RNS declaring "..much more work is needed..." (or similar). Now, call me old-fashioned, but it seems to me that this should constitute (the start of)a closed-period for no-one can know what the news will do to "suspended" shares - - - as it happens this is his first purchase and the sp has risen about 2x so it's nice to know that Execs can prosper from bad times, even thought all their investors haven't.....Grr.


. . . . . I don't hold this stock, having little faith in the original businness or its management, sadly this shenanigans reinforces that view.
DYOR.