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Is the day the 100 for 1 consolidation will show up on the exchange ... so expect it to be up 10,000% on the top risers board and draw a lot of attention from others who are still in the dark.
If .033p was the mid closing price on Friday, that will become 3.3p., but with the late news on Friday and further RNS's on Monday, I anticipate this will be a lot, lot higher.
The name change will also follow too ... it is still to be confirmed at Companies House (in the next 5 days from Friday), but is showing as a done deal in the overview...
Could there have been a stand-off between the long-serving Chinese and The Sheikh that resulted in the 3 resolutions to be not accepted ... there are still a number of Chinese major shareholders who are no longer over the 3% threshold, but still have a considerable stake if they voted in concert... did they gang up?
Exactly that. Shoot the proof reader. Ha!
So have I ...
"here" instead of "there" in the Investors section .... missing the "t"
We miss very little on this board.
This will be a billion £ capitalisation, i expect it to be moved to the main listing..UAE is expected to move into energy and financial services big time and Uk will be their favourite ground..they no longer will sit and get outbid by Qatar... IMO
Yes, it is. But there is a typo which I have kindly pointed out to them.
It’s disappointing that we haven’t had the update promised ‘shortly ‘ following the failure to pass 3 of the Resolutions.
This could mean that the BoD was taken by surprise. As far as I am aware, they only required a simple majority of the votes cast, whether by proxy or in person, but that would suggest that there was a consensus among the large shareholders to oppose the Resolutions. It could also suggest that the new shareholder is flexing his muscle and S O could be in for a hard time. I suggest he doesn’t travel to the Middle East
I haven’t seen any contribution to this board from any shareholder who attended the Meeting; such a contribution could be revealing. Were they sworn to secrecy?
I am very optimistic about Monday’s opening, but an RNS before 8 o’clock would be helpful
That's slick. Very professional
Once HH Sheikh Ahmed has been ensconced, will our esteemed leader be concentrating on his latest project and moving on to pastures (of Cannabis) new?
Take a look at this:
NATURI VITA is looking to create brand value by building direct distribution capability into the rapidly growing European CBD products market.
Expand via acquisition and further real estate purchases both in Italy, France and other European locations.
Seek future listing on a recognised stock exchange with a dividend distribution strategy.
Stefan is an experienced CEO, who has a history in financial structuring, M&A and stock exchange listings. Stefan started his city career at Cornhill Capital where he operated as a corporate broker, running hundreds of predominantly AIM listed transactions and listings where he focussed on raising debt and equity for companies in natural resources. He left to set up North American Petroleum in 2012 which he sold to a US onshore oil company in 2014. He then went on to set up MX Oil PLC and raised over £25m in equity for the business which invests in onshore and offshore upstream oil projects. Stefan’s ambition is to grow Naturi Vita into a vertically integrated cannabis business with a view to either selling to a larger entity or listing onto a recognised exchange in the medium term.
Andrew Frangos is pulling the strings (as per usual) in the background.
Looks a billion dollars
looks sleek and highly professional
this is going to do really well next week, no doubt the rns on monday will be the announcement of the new website, looking at it shows that he wants adm energy to be a global company, also looking forward to the announcement of the new board of director. June is going to be a very exciting month
website very very nice, what a vast improvement, good bye old website and board of directors, hello new company and board
Interesting to know that the second largest shareholder has less than 7% compared to the Sheikhs holding of just under 30%.
Whatever he says will go - this is despite what people were muttering regarding him maybe clashing with the board. There's no way even if they clubbed together would they have the voting rights to compete with the man himself.
Also nice to see well publicized the fact that planning for phase 2 of AJE is well underway
All things looking very good indeed
I really like the look of the new website - very sleek and professional.
I think it also goes to show that they're on the ball, often things like this are a bit of an afterthought. A cracking platform to present information to investors and the likes
Yeah first link was just showing that there is something active then I found the beta site. Maybe it will go live soon.
New website is working for me now off that link Jadele
Correct. Because,... the market cap is the market's current assessment of what the company is worth. Assuming sentiment doesn't change because of the consolidation or other news released at the same time, the market cap on Monday morning will be identical to what it was on Friday evening. Without a consolidation taking place, that's another way of saying the share price would open at the same price as it closed (because sentiment hasn't changed). With a consolidation (at 100:1) the price would open at exactly 100x the closing price. In practice of course, the market immediately nudges up or down on any day, and the coming Monday is no different. But 100x Friday's close is the base point against which it moves up or down.
I've only been through one consoli before and that was 18 years ago.
As far as I can remember the value of your monetary shares / investment should not diminish (initially on the day), just the number of shares you hold. Of course the value will then rise and fall in line with the actual SP performance from there on.
If you were to start losing money from a consolidation then no one would vote for it. As i said its been a long time and Im rusty so all the Sensai out there feel free to let newbies and returnies know how this works..........
There's no way they'll just be banking on the AJE development, I can see them quickly getting 3-4 different developments on the go (through acquisitions or otherwise), which will allow for a more sustainable base to grow from.
As for a price to slice at, I've not really gave it much thought. I'm in a fortunate position that I'm happy to let my investment sit for the medium term and see where it goes. I see far less risk here than trying to play the AIM game and get burned.
The fundamentals here are very strong, so looking forward to sitting tight and see what the sheikhs plans are. I think it's a given that he'll want high-impact developments - he's not here for just a few thousand barrels a day for the new few years - that's for sure
In current line with SP, obviously.
Can someone explain something to me?
So it’s 100-1 consolidation from 0.01p to 1p.
So say for example I have 1,000,000 shares that would mean after consolidation I would have 10,000 shares.
Now if, hypothetically, my shares are worth £3,000 before consolidation at 0.03 does that mean post consolidation I would have 10,000 shares at 3p each or would I have 10,000 at 1p each?
I think what I’m asking is does the consolidation happen in line with the current SP or does it all go to 1p?
What are you thinking Quitie? Got to be a price to slice at, it's not going to go up in a linery way.
agreed, post consolidation with'll only take the company increasing in value by 200%.
A confirmed development plan for phase two of AJE (which all the partners continue to say will definitely be happening) along with a couple other high impact announcements and this'll be well clear of £1