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I agree that it probably wasn't the best investment in the world, but to be honest neither was my investment in New world Oil and Gas even before a certain MR Reynolds appeared on the scene. My £15,000 investment now doesn't even show on my portfolio! But just think isas we could be 100% into Big Sofa, what a let off that turned out to be, at least there is still a slim chance we can get something back out of this mess.
I see that our astute bod's re-investment of £100k in BST has become 22k.
Does anybody including the bod really have a clue what’s going on here ?? , is all lost ?? Lack of comma is quite frustrating.
the board are just hanging in there for their salary from this. when the money has been sucked out dry they will abandon the company and close it down. No return from here folks unfortunately?
It makes one wonder what was the rationale of our bod to pay premium price to get this junk- they must have been offered favours in kind surely- even a drunkard would not so stupid.
What's brewing in the pipeline is a placing at Big Sofa but not at a premium this time?
and now the Sp is between 11 - 12, looks like a terrible decision from the outset unless there is something brewing in the pipeline.
That was extremely generous of our bod to convert £100k into the BST stock @ 17p, when the price was hovering @ 13-14p. Why do this- know it isn't your money but thought they would have some scruples apparently not.
https://beta.companieshouse.gov.uk/company/11321836/filing-history
See the latest RNS !
I think going forward that is the intention..may get some money back one day...in fact I am certain we will
Pay back loan today Shame we are not still listed
Just spoke with Halifax re: this, if you haven't requested your new shares in paper format then you won't receive any certificates by post, there will just be a record kept with Halifax should these ever come back to market
ok thanks, guess I'll keep an eye out for the postman this week
Received shares through the post....
@jerseyjohnnie.....do you mind if I ask how you received these shares? electronically or through the post? cheers
Anyone know whether these shares will be Transferred Automatically ? , Got quite a few off these !! Thanks in advance ..
Thanks GheeBhee,just sent mail.
Email shareholders at eridgecapital dot co dot uk and ask to join the shareholder info list.
Recieved 2703273 shares today in Eridge capital,havent a clue what they are worth thought all was lost and have not kept track of whats going on....
We have been shafted, the company has no assets to print out.
I still have these in my pf since 2011 Bill Kelleher era. Can anyone shed any light on the current status?
to our shares? we were mean't to get them by now
The shares are not listed on any exchange and neither is there a matched bargain service being paid for by the company. Some holders have been able to do off market transactions with people they know or have been put in contact with. The progress recently made, at a cost of about �70k not counting director fees, has simply been the cancellation of registration in Jersey and the re-registration in the British Virgin Islands. To get a very very rough idea of how much each share is currently "worth" on an asset basis simply divide 4.75 billion by 1 million. The answer will be in pounds..
No idea but unfortunately it doesn't mean they will be available to trade, at least not in the immediate future (unless I'm reading the info incorrectly)