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Sickly minnow becomes terafish (CLY)     

squidd - 14 Mar 2005 04:07

Interesting scenario over at cly. Share price crash - boardroom squabbles - evictions - new landlords with city cred, and cash up front move into derelict shell, crooning about specialist finance house.
Somewhere to stash away some of the profits when the gaming plays run out of steam? Pity about the spread, but having a nibble anyway.
sd.

squidd - 08 Apr 2005 00:26 - 2 of 6

After a period of hibernation, a rising volume and sp suggests that CLY is coming to life. Hope that there are others watching.
sd.

stockdog - 08 Apr 2005 23:24 - 3 of 6

With Terry Ramsden as their largest shareholder and the largest shareholder of their main subsidiary I would not touch these with the proverbial barge pole. However,, I must be somewhat grateful for TR's failure to stump up his promised investment in FDC last summer, leading to this latter taking on a completely new direction as FAO up 100% since re-listing as an oil explorer and up 40% since I got on board.

SD

squidd - 09 Apr 2005 18:18 - 4 of 6

StK9: Thanks for the warning about TR. The news-flow implied he was active in the boardroom squabbles, after which I thought he had sold out and moved on. But I see he still has a 9% shareholding and an option over 35M shares @ 5p up till July. Presumably this will effectively cap the SP. All this might help to explain the curious similarity in the chart pattern to FAO, mentioned earlier and which still continues, though the African lion is certainly in the lead, and in my view is infinately preferable to a terafish.
Sd.

stockdog - 09 Apr 2005 19:00 - 5 of 6

squidd

I don't think TR has any holding in and certainly no management connection to FAO.

SD

watcher - 11 Feb 2009 10:48 - 6 of 6

wow is this sleep minow coming to life....fingers crossed
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