Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Someone is loading up here
Definitely a strange time to be selling with news any day.
I’m expect a load more late reported trades again tonight by the looks of it
Just a game of patience. Sit back, hold, ignore day to day fluctuations and await the developments. They’ve laid out the path to wealth with milestones..
We have known how MMs work here since the 50p days, nothing has changed with their methods, they set their pricing on a very narrow book and will move dramatically on very low volumes so in effect they are still treating TNT as if it were priced at say £5-£7 MCAP value and working their trade prices accordingly because true trade volumes are pretty small overall here. Look at the av daily trade volumes here over say the last 3 months, still 100k a day typically. This is still a very small volume stock in reality. Price will rise when buying volume rises but not until then and MMs will mark down the shares on any sell volume of any kind.
Take a 6 month view and revisit. IMO you’ll be a happy investor and may want to enjoy more of the journey
I am just dumbfounded how we are 11% down today. Wish I had funds to top up but went all in yesterday at an average of £3.22!
HH,
Note 21 of the Consolidated Accounts to 31 January 2021 shows convertible loan notes outstanding of £340k. As £100k has now been converted, there should only be £240k left so a maximum of 2.4m more shares I would assume. That is unless they have taken out more loan notes since then.
Yes, £60 sp would equate to around 20 bags from here, hopefully this year at some point if the company continue to deliver!
HH don’t know if that helps.
HH.
Issue of Convertible Loan Stock
The Board is also pleased to announce that in accordance with the Announcement, Tintra has received written notice of election to have £250,000 of its Loan Facility to the Company (see also the announcement of 15 July 2021), plus accrued interest of £6,990, to be repaid by way of the issue of £256,990 of convertible loan stock, which have today been issued. The Convertible Loan Notes have materially the same terms as those announced by the Company on 30 June 2020:
· Issued in multiples of £1.00;
· A maturity date of 3 years from issue;
· Convertible into the Ordinary Shares at a price of 10 pence per Ordinary Share at any date until maturity;
· Pay a coupon of 5 per cent per annum, which shall accrue until conversion or redemption, and on conversion, may be converted into Ordinary Shares on the same terms as set out above;
· Are unsecured; and
· Are not transferrable except in limited circumstances.
Share price for warrants I posted earlier was incorrect (taken from another post)
Once additional 1,148,511 shares from todays RNS are admitted on 31/01 there will be a total of 14,514,519 shares in issue
£250m MCAP = £17.22/share
£500m MCAP = £34.45/share
£1bn MCAP = £68.90/share
Why set these targets for the warrants unless you were confident these prices could be achieved? £2.70 close today.... top up from me first thing
Sorry all, forget my previous post. That was all comms a couple of weeks ago.
It was
Thought this would have been RNS before the press communicated it out. Never mind all good
There is a clear plan, and that plan keeps being delivered on. We have high net worth investors who have put money in at a significant premium to current market price - and they aren't doing it for love. There will be ups and downs on the way, but the trajectory is clearly upwards.
The plan is to raise between 10-15m usd.
Essentially bent as fcuk then.
It’s a MM slight of hand to keep it in a tight range by the looks of it.
Does that not skew the share price quite a bit though?
Simply because they can unfortunately
Why do they report them late…excuse my ignorance
It’s not the USA exchange. There’s no volume there and they’d be accounted for there. They’re simply delayed trades of size that the MMs report late.
Thanks Aiden…sounds a viable reason…very strange how many show up after close on a daily basis
one possible answer is that we trade on the US market, so those intra-day trades could be those - not sure though