Michael Edelson, serial director, and amongst other current directorships on the Board of Singer & Friedlander AIM3 VCT plc, has been appointed to the Board of WRN to assist Joe Dwek, current chairman, holder of over 17% of the equity and currently ubderwriting WRN's term loans, in seeking to merge, acquire or reverse WRN into a new business. WRN already has valuable property assets which have Change of Use potential, so the company might readily appeal to a private property company seeking a full listing.
The shares are thinly traded and have already responded to this recent appointment in anticipation that a deal will not be long in coming. The right deal should make this stock motor.

Now up 62% on the day! There's money to be made in........... the short term!

Just can't bring myself into buying this......I reckon a crowd of barrow-boys that have set this company up.....sharp suits...ties....bollocks bla...bla...bla....and here you are...there in all the quick buck schemes...still I wouldn't mind making a bob or two out of this...but .....

If you want a laugh have a look at the LSE (London South East) discussion board!
http://www.lse.co.uk/ShareChat.asp?page=1&ShareTicker=WRN
If you want to make a quick buck, then best get in & out quick first thing in the morning.
Just try and not get sucked in to the banter from a load of people who either have their own agenda or who have absolutely no idea what they are doing!

RF, well, don't. The company doesn't need short termers. It's anyone's guess whether the deals will prove good or turn sour, and if you are going to be nervous all the time, just move on to something else.

did you need to be quite so waspish?
my own view is that this company is best avoided
though it may come good, and there are a number of spivs who reckon it will, the gyrations of the share price do nothing to instil confidence

Rf is always nervous.......all of the time! I remember him in the days of the Falkland Isles drilling. Most of his trading is done because his twitchy finger hits the 'Buy' button by mistake!!! ;o)

Steady on guys !.....my problem is that I can't watch all the time, so jumping in to these companies that rocket and crash makes me nervous....the Falklands will be back on the agenda next year big time !....along with the Atlantic margin (Irish west coast) it seems....

rf - my advise to you and all others who don't want a roulette-type gamble, is to steer well clear

Cynic, was it me you thought was being waspish? I just think that if you haven't got a strong appetite for risk then these are the sort of shares to stay clear of.
Anyway, I have just bought a few more although that isn't yet showing on the trades.

See RNS this morning. Suspended at company's request under Rule 5.6 - temporarily. Should be quite a salutary moment for any who have shorted this stock.

You assume that the news is going to be good.

Is that police sirens I can hear ?...

I think rule 5.6 is about voting rights but would not be surprised to see this return from suspension with another deal as well. A Friday suspension would give the whole weekend to finalise it. May be wrong but it could be tactical.

lol rf that made me laff :-)

could be sharesure - several rumours flying around

gla

17th October2014

Shareholding notification
The Company received notification on 10th October 2014 that Liberty Capital Ltd, (in liquidation) ("Liberty"), a British Virgin Islands registered Company, had disposed of its entire holding of 1,980,000 ordinary shares in the Company. Bearing in mind that the company was notified on 3rd September 2012 that Liberty no longer had a notifiable interest in the Company, and had received no further notifications from Liberty, the Company has undertaken a verification exercise to ensure the authenticity of the notification. The Company is now satisfied that the notifications received on 10th October 2012 are correct. The Company has not been able to establish whether the shares sold by the liquidator of Liberty were held beneficially for Liberty or not.

Commenting on the news Doug Ware CEO said: "It is good that this finally draws a line under the involvement of Liberty as a shareholder of the Company, and that this legacy overhang of shares has been removed. We welcome our new shareholders, and look forward to a bright future as we continue to build the Company into a large scale international investment Company, we will be making a further announcement in this regard very shortly".

Apparently a Q. and A. with Doug will be up on the website today.

Q. and Answer is up!!





http://worthingtongroupplc.com/ceo-questions-and-answers/

Apparently due an RNS later in the day if all signatories have agreed. Whether it is worth striving for a re-quote right now in this market is a moot point. I would rather that is left a bit longer - to coincide with the rare earth metals project issuing a positive update? Or a court case settled?

Apparently not!

StockMarketWire.com
Worthington says it is making good progress in its negotiations to acquire substantial new investments.

It is anticipated that these negotiations will be concluded shortly and that any associated fundraising will be completed at a significant premium to the company's share price at the date of suspension - reflecting the radically enhanced profitability and prospects of the company resulting from the transactions in question.

It has also been agreed that once the suspension of trading in the company's ordinary shares has been lifted in London, in addition to the commencement of trading in Frankfurt, the company's ordinary shares will also be traded in Stuttgart until 9 p.m. GMT each trading day.

This is in keeping with the company's policy to increase the volume of trading in, and therefore liquidity of, the company's ordinary shares - thus enabling the company to complete progressively larger transactions.

Chief executive Doug Ware said:"Having worked extremely hard over the last two years to secure the company's future and provide a platform for rapid growth, we are delighted that we are entering this new phase in the company's development. We are confident that the transactions under negotiation will not only radically enhance the company's prospects but, in terms of scale, allow the company to acquire and finance even larger, earnings enhancing and growth accelerating, investments over the coming year.

"I am very grateful to the Worthington acquisition team, headed by David Winduss, for the sterling work they have performed negotiating and progressing these investments and associated financing. We expect to be able to announce details of these transactions within the next two weeks."