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Someone here got narky because I suggested the price would pull back due the placing & the amount of shares in issue. It was 1.40 at the time.
Careful who you listen to.
Lets wait and see if that is Miton out. Lombard and Gravendonk won't sell at 1p. Anything under that price will be taken up.
Could be wrong and we find out next week.
Ha ha, BSB, you’re so chippy and paranoid, you’re not going to talk this share down, you’re only going to get more upset.........
The 30mill sale is the start of a fire-sale - all must go. No point trying to rationalise it and discombobulate with garbage conjecture. The company is in the mire with nothing to sell, nothing to use to make something to sell (no workable plant), billions of shares held by ex-creditors who want out as fast as they can. It is sell time. Whoever said the days of 0.4p were over?? That is exactly where it is going unless there is some real news. But there won't be will there? There will be announcements of something in the future that will never happen.
Poor old Bolgie with his non-committal phrases. Must admit Bolgie, you are good at it. "it could be our large holder"; "quite possibly fits the bill. If we look". Always the same ramping language that says nothing at all. No research, just conjecture spin with 'maybe this' and 'maybe that'. Are you going to change your view all of a sudden Bolgas like you did with RedT?
Straight on the accusations of being someone else I see. Can't win an argument so go for the poster. Clever, but as it happened so quickly from 3 of you minutes after I posted it is obvious who are the same people. Bolgie, and such an accusation coming from you too. Say hi to OldTramp for me.
Aladdin, Seattle - you seem to have posted within minutes of each other and just after I posted. Wow - that would be a coincidence if it wasn't so easy to work out what happened. The chief ramper turns up a few minutes later. Crazy coincidence - well it would be if wasn't so easy to work out what happened.
All three of you watching the board on a Sunday afternoon so you can post your attacks should anyone say they think the share is underperforming.
Below a penny per share (true penny share). Every prediction all one of you have made has been wrong but you carry on.
Seattle, you haven't answered my question. Do you work for AEG, St Brides, or SP Angel? Are you paid by AEG, St Brides, or SP Angel?
Nice to see we have the same number of bitter posters here as usual, one departs promptly replaced by another 3 or 4, all seemingly interbred.
Anyway, looking at Friday's trade sure it could be our large holder but then why would they suddenly choose now to dispose of some of their holdings, they have had plenty of opportunity to do this prior and when we had greater volume of traded shares, it makes little sense. Further they have paid 1p per share, they could have elected to take cash rather than convert if it's one of the other bond holders, again that makes little sense.
We do have a TR1 holder who's been clearing out, Miton as per recent RNS, who paid 0.6p per share and have of late been buying a graphite play in open market, quite possibly fits the bill. If we look here they had just shy of 40 million when last reported, going by a few extra dumps it could well be those exited the building. Who'd blame them reading this board, it's a total disgrace IMO.
https://www.morningstar.com/stocks/grey/atgvf/ownership
We have a new TR1 holder just notified who have paid 1p a share for several million pounds worth, our largest holder has increased substantially and we have progress reports showing what's going on at ground level.
Sure share price isn't quite where we'd like it, we must be due a little news soon enough, going on past performance this can easily double or quadruple as we witnessed early January.
Good luck all genuine holders.
Thanks for the compliment of reading my posts over the years .Unlike you I do post on other companies . I am not sure what the relevance of quoting Sir John Betjeman , but I do have a copy of Continual Dew in my library. It was published by John Murray and their previous Poet Laureate was Lord Byron. Interesting as you call yourself Royal Banker that Byron,Betjeman and John Murray all banked with Coutts .
Regarding your other comments they are all nonsense .
I look forward to tomorrow’s trading.
So BSB returns under a new name, how amusing, especially given your track record of accusing people of having multiple user names here..... You’re a sad little man, now go stand in the corner of the room until you can behave yourself!
Just ignore him Chip. This guy has been ramping this dog for years. All the 5p 10p guff has come from him and now we are below 1p. Did I spot an 'I was wrong' from Seattle there along the way? Wonders never cease.
Just go back and see his out and out ramping over the years and laugh. He has got 100% of things wrong.
Now he trying to dig at you Chip with bad jokes and long words because your assessment of the dog share and his ramping was correct.
I fancy myself as a bit of an English buff Seattle. My favourite poem is a 1937 poem by Betjeman that is called Slough. What is your favourite? It doesn't have to have the word discombobulate in it.
The other year Seattle spent time denying he worked for St Brides, AEG, or SP Angel. Is it still the case that you don't work for St Brides, AEG, or SP Angel there Seattle? Are you paid by any of those? You were very keen to publicise the SP Angel marketing communication the other year and even offered to post it to people's houses. What a thing for a so called 'private investor' to do.
LSE won't publish those things here you know. Do you want to tell everyone on here why that is the case, Seattle?
Who are you Seattle?
Dear Aladdinsane, thank you for your supportive post. It is disappointing that ChipMan is so discombobulated by rudimentary Stock Exchange terminology . The recent AEG RNS concerning the Convertibles must have been a complete mystery to him. However his name maybe very apt as he appears to be level headed by having a “chip” on both shoulders . The traditional rationale for a convertible investor is to hold them, keep cutting the coupon ( in AEG’s case 8% pa ) until such time as the dividend on the ordinary shares exceeds the coupon and then convert into ordinary shares . However in AEG’s case the large CUL holders were also holders of the equity . Hence being both a CUL holder and equity holder myself I decided along with the other larger holders that it was in the best interest of AEG’s future for them all to be converted in one go. Credit to the BOD for executing this .
Thank you for your post Seattle, sounds like a very plausible explanation to me and helpful that you posted it here.
CULS - Convertible unsecured loan stock, found the meaning on google in about 5 seconds!
What makes you so certain it wasn't the tip of the Gravendonck iceberg or another larger shareholder? What is a CUL? Google that 'knows everything' says it means 'derriere' in French. I don't think you have a clue who sold those 30 million shares yet so quick to comment. I've been here years watching the misinformed and unfounded banter going to and fro, yours included. I understand you're trying to steady your ship, but please stick to stating facts and providing supporting evidence, otherwise possible false narratives may lead people to continue buying this because you led them to believe this was not a problem. Your use of posh words makes the innocent more likely to believe you. The posts by PF were excellent, fully supported by links, RNSs and so forth, this is factual commentary, welcome and enlightening, particularly for the new buyers coming in. You saying that this was nothing, is unfair, you don't know who or what that sale was or you would have corroborated this as fact. This leads me to think that perhaps there is more to that sale than meets the eye? One unarguable answer could have been that it's totally irrelevant, as ONLY 30m, now that we have 4,000,000,000 shares give or take in circulation. In the grand scheme it's small beer now. Unless its the first of a multi-day share dump which would be a whole different matter.
I was wrong yesterday about the 1p being broken but it took a 30m sale to do it . I am aware that one or two of the CULS holders were income funds . Therefore to stay within their remit they needed to sell to reinvest into another CUL etc. It would have been better to place this 1% stake with another institution but it easier to dump in the market . In the long run it is history and we move on to the next announcement . Have a good weekend everybody .
30m sell a bit of a whopper but it’s history now so in the price. Those that have been here a while are used to the Rowan effect but we do believe in the product and know the big placees obviously saw good presentations. It could go up from here
Some large buy ins today at this price.
Is this basement level.
News is good.They’re cracking on.
Big order to fill soon