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The good news is NOVECK, the chihuahua, has settled in to his new home.
Now sleep well all....as I have been thinking about something.
I shall tell you all tomorrow.
Been bugging me all day long.
It's a good one !!
Even with a rights issue the price is now set low. It would have to be a loan, if necessary, to prevent dilution.
Hopefully it's not yet done. The loss is irreversible once it's completed Heid. More shares with less value.
It's done now.
Move on.
So much to look forward to.
If UJO done a rights issue to existing share holders that would sort it or pull the placing and borrow the cash or pull the placing altogether.
Now he WOULD call him what rhymes with a 'rucking stunt'.
Is it reasonable to assume that one of the potential funds UJO are considering, dropped the word to TW, or perhaps a Confederate of his? Hoping the SP would react as it has? Just a muse on my part...
Saint, selfish?
No. I would call him something that rhymes with 'rucking stunt'.
He has single handedly ruined what would have been an excellent RNS, which would have put the placing at a much lower dilution due to much higher SP.
I bet DB is livid and rightly so.
Annoyed me too. That leak has cost us £10m, plus whatever extra dilution there is if the placing goes ahead at a lower price. What a saint TW is. The shareholder's friend.
annoyed me
???? dude I’m definitely not Heid. I just don’t need to post every five seconds. I posted because what’s happened has annoyed me.
" How can that be stopped?"
Amazing that some other companies- EDR and even UKOG manage it tho
Three time sin a row - we all know where the leaks are coming from.
Welcome verbier Dave - on here since 2016 but only one post in the last 30 days and it's pro the BoD at UJO- AMAZING!
I see a great future ahead of you in your new ID Heid
I blame the source of the rumour to the twitter boards and chat boards which in several shares I've been in has been TW who think he is being some kind of bloody saviour but all he is doing is trashing the share price, if he had kept his big gob shut and let the company conduct it's business then any capital raise would have been done in the mid 30p area. instead he has cost a lot of people a lot of money just so he can look clever on twitter. Personally speaking I think he's a complete liability and really needs to be careful as in a case like this he's cost a lot of people a lot of money for no reason and he just doesn't know who he may have upset by doing it. For me I don't give two hoots (yes annoyed me) as I can handle the drop and it's not much of my portfolio however I'm sure that can't be said for everyone.
I find it highly unlikely that 90% of shares drop before a placing.
I would certainly like to see the evidence of this 'fact', but I highly doubt there is any evidence whatsoever. It sounds like a weak excuse to try and cover for Dave for his failure to prevent news leaking for a third time.
It is much more likely (imo) that 90% of placings are NOT leaked ahead of the RNS. Many may well drop on news of the placing being announced, depending on the reasons for the raise, but NOT prior to this.
fair dues no hard feelings even thou you rubbed it in my face
ill not. have a good one.
Sold them in the 30s for 1k loss
@mbudgen looking really good (rbd) where have you been old son...
Exactly, I have seen lots of shares drop b4 a placing. 90% of them do. Fact not fiction!!
Why single out ujo
Ribeye has , very credible I think
'leaked placings' as the reason for the problems here or blamed David Bramhill for them has actually submitted a way to ensure they do not happen.
When the company sound out a fund raise, they approach their broker to see what interest is there. At that stage, nobody has leaked anything. Only the brain dead posters on here go as far as to suggest the board tips off Tom Winnifrith or Brokerman Dan. This is obviously not true and I am sure after the last debacle they were very stringent in their approach to SP Angel/.Shard Capital.
As soon as they get this information, they nee to approach their clients. There is no alternative to this. It is from there on that any leak transpires. How can that be stopped? Quite simply, it cannot.
Until an AIM company reaches the stage by where it can raise funds within 24 hours of a sounding, the news will filter out.
So instead of blaming David Bramhill, how about try coming up with some solutions?