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Yes I’m still here and probably will be for a long time to come, what’s the word I’m looking for... infinity maybe?
Yep - I think the people who know me would say exactly the same thing - well deduced Dan. Perhaps you're not the fool I took you for after all......;-)
MTB shows real dedication and loyalty
Yes Brad. Did you not get the invite.......? :-)
Have we adopted another chat room folks?
Not yet , i expect the price to remain 0.12 for a long time yet - 12 - 18 months ? even longer .
I see the indicative price is still 0.12p and I haven't seen a different one yet.
mad here as well, lol. I lost about 17k and i was not going to sell at 2p. Rather took the gamble and see what happens next.
Honestly I wish you luck and good fortune but the bond holders hold all the cards and the PI's none at all. There will no doubt be another restructure at some point which will kill off the remaining small shareholders. Ive seen it numerous times before. Stockholders get all the upside ( rising share price and dividends ) when things go well and nothing much when it goes pears shaped. We live and learn but it can be an expensive lesson. Xcite energy was a classic example. Someone else now owns the Bentley field in the North Sea and will start to pump oil soon. The previous owners bled everyone dry ( high salaries, smart offices etc etc ) and the PI's killed as the share price dwindles lower and lower to zero. A friend of mine had £400k in that and he is now nursing gaping wounds..... Story stocks are the end of a lot of peoples wealth. Good luck
Good to you still reading the posts SS. On the substance of my post - do you see the possibilities further out such as illustrated by IQ-AI ltd for example? The D for E people will get their money back in due course, is it not best to hang onto their coat tails? and have a bit of the action, which I am sure will come. All part of the master plan that robbed smaller invertors of the possibility to enjoy the rewards of many years of investment. There is value here surely at he last price quoted?
fat lady is off the stage and moved on . She has sung her song.
Ah thank you Foldsmobile. I though I was on my own. Tuck away and forget really. I wonder what the % of the equity remains in small shareholders hands. I guess less than 10%, like you I topped up to 100,000 just before close, must be others. At that price a brave person with circa £1000.00 would have a quite big holding. For me I need a price of 15p or so, past that at the leverage is big bucks. Sure gambling, not investment - it only takes a couple to shine to change ones portfolio substantially. Case in point - look at IQ-AI ltd (I am a holder) have recouped all my losses way back from the Flying Brands days and more recent buy ins, now in positive territory, one never know show far this could go on corporate action. Same situation with AVN, harder to trade but not impossible. The fat lady has not finished singing.
I hope we are not mad! Having taken the decision to 'top up' to 100,000 shares on the last day of trading, that brought down my average to much less than the issue to swap debt.
My thoughts align with yours and I hope for a reasonable return in the time frame suggested - maybe by way of dividends when cash flow turns positive.
If one signs up to Companies House then kept up to date with what these are up to. There is plenty of activities. Once the share register is sorted out I expect a consolidation to get shot of any small holder (define small of course), perhaps a 1000:1?, who knows. Then further out the big holders will sell to recoup their investment when the D for E was one. This could easily be a listed company or perhaps they might re-list . Not going to happen overnight or in near term but 2-5 years down the line? That is when I hope to re-coup my investment.
I know I could have sold, but decided to stay in. My share are still held in dealing account to await the day when/if I do a "matched bargain deal", more likely waiting for a corporate action. They wiped out small holders, they have a plan, I can afford to play their game. Nothing may come of it , something might.
Anybody else left on here mad enough to still be holding?
Good link Tyche.
Nice to see Avanti mentioned in the same paragraph as, coca cola, microsoft, mastercard, google..etc.
now i wonder if it will ever reflect on the ever diminishing share price...
Tyche , very exciting to see us 2nd in a list of prestigious companies, until I saw they ignored THE and had them in alphabetic order :O)
It is good we are getting recognition from a few places under Kyle.
Hi Brad. Was also some news yesterday which could lead to lots of funding for future education contracts.
Has anyone tried selling/buying shares?
Jenkins AVN guide price is showing as 0.12 and no trades are displayed.
Avanti and Arabsat agree spectrum resolution
FOR IMMEDIATE RELEASE
Paris, 10th September 2019 - Avanti and Arabsat have reached an agreement that will allow both companies to operate their respective satellites – Avanti’s HYLAS 2 and HYLAS 3 and Arabsat’s 6A.
The resolution follows successful inter-operator talks in Cyprus concerning HYLAS 2 and 3, located at 31E, and the Arabsat 6A satellite located at 30.5E – as well as the associated networks in the frequency bands 17.7-20.2 GHz and 27.5-30.0 GHz.
The respective communications authorities in the UK and the Kingdom of Saudi Arabia, Ofcom and the Communications and Information Technology Commission (CITC), have notified the agreement to the International Telecommunication Union (ITU), which settles the dispute amicably. This was done on the basis of a range of engineering and spectrum usage solutions.
The two operators can continue to provide vital communications to their customers, free from interference. The news comes at an important time for both businesses as they have recently launched new satellites – Avanti’s HYLAS 3 and Arabsat’s 6A.
The ITU process played a crucial role in the settlement. Avanti and Arabsat want to express their appreciation for the efforts of their communications authorities (Ofcom and the CITC), the ITU Radio Bureau and the Radio Regulatory Board.
Avanti’s CEO Kyle Whitehill said: “Avanti and Arabsat have been working together constructively since the start of the year, under the auspices of the ITU, to find a solution that enables both companies to serve their core markets. The agreement with Arabsat on HYLAS 2 and 3, combined with HYLAS 4 – which was unaffected by these discussions – puts Avanti in an optimal position to continue to serve its existing customers and to expand confidently in the future.”
Arabsat’s CEO Khalid Balkheyour commented “Our teams’ coordination meetings were held in a very professional way that resulted into a productive agreement.” “We are looking towards more future business cooperation and partnerships.”
To see 0.12p as the sp use this link
Avanti home page
Tyche - possibly the worst case of sour grapes I've ever seen. Sure you understand the industry, but you don't understand Company balance sheets and the effects of leverage. You were repeatedly told by me and others that the debt would eat the equity holders for braekfast, but you sought to argue with HITS over insignificant tecnicalities.
Buko - 'Played by Mattthebrave'? I think you'll find that people on this board were 'played' by the constant bulls. All I ever said was beware, which turned out to be very sound advice. Shame you didn't take it, eh?
Saga charge £11.95
Quoting the frequent trader rate in such an article is wrong.
Jarvis charge £5.95 on their X-O accounts.
I cannot find out who is free to deposit share certificates with, except AJ Bell, but I saw one quote that it it is usually free at good brokers - pretty useless statement unless you are good at bartering.
I dumped ii because of their horrible maintenance charges. Inherited them when they took over TDW!
Wanted the ability to access ASX, TDW were the best, IG is now, imho.
I am not saying use Saga (I don't) but they have a few suggestions here .....
If you hold the actual share certificate , but want to use JP Jenkins matching facility , do i need put shares back into nominee account / Broker ? i use ii.investor normally .