Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. 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.
no thanks
Current mcap only £3m, As at 30 June 2015 $6.1m cash, Net assets $28.9m
good volume buying coming in
Does that mean no one is selling :)))))))))
and on both days the total volume has been less than £75, so should be taken with a pinch of salt.
It closed at 4.55% yesterday. Currently 8.7% up today
Nairobi are closer to the action, its moves have precursor'd moves on AIM a couple of times. Good to see it up. Will keep an eye on it.
http://www.wazua.co.ke/investor/livefeedfull.aspx Not brilliant but gives a rough idea I get the volumes from NSE at close of play
does seem strange to give such notice of a proposed fund raise. news before hand who knows? camkite im only in recently and at a lowish entry compared to some of the LTH Can you post the lies and ill have a look at them. I know they started as support services in oil and gas and that area is currently down trodden and they are now saying they are going into potash until O&G recovers?
Was up yesterday too. Which site are u using to track the Nairobi exchange? Thanks.
Buys now showing as sells
No! You misread. I'm in today at 0.60 with HALF I intend investing here. Will buy 2nd tranche later this week...just holding in case it dips slightly more, but doesn't look like it will so anticipate a similar trade price.
would wait until outcome of the general meeting. Shareholders should be challenging the constant vagueness of communications (the recent JV announcement with orchid a case in point) and demand a clear business plan before supporting any further fund raise.
The company may also announce a contract win first before raising funds
8.7% in Nairobi. I'm expecting significant news before GM
Absolutely ,should have been brought to account then,totally untrustworthy ,I got caught out with that presentation ,the bid new all along what was happening once again treated shareholders shabbily
How "kind" of you to share. Basically you are waiting till this drops further then.
...holding *some* back in case...
Was waiting to buy in at this level. Whilst any placing isn't good news on the face of it, if the JV it's financing generates cash then it's a means to an end and in itself it will re-generate the value. I'm in today at 0.60. Appreciate fully that those already in are sitting on big losses today and sympathise, new investors should not be put off though - this is a good entry price imo with further details about the JV coming. What I've done is go half in now and holding back in case this drops further.
I recall all the same posts when afpo did a fund raise at .30... doom gloom and derampers........ then it 10 bagged. i just put my afpo in bottom drawer waited for the news and made a fortune. Hoping to do same here. No one likes a fund raise but depends what its for. choice is there sell at a hefty loss or wait and see whats coming. The company has already rns,d that they are going into potash which is Africa's gold. I can wait.
That's right. Its basically a source of funds if and when needed. XTR did something similar, UJO have done it waiting to take advantage of an asset while the price of oil remains low, lots of other examples. It is not going to be the case that volume suddenly explodes whereby all the shares are forward sold in good old AIM corruption fashion driving the sp into oblivion. Could actually be quite favorable short term if they have their eyes set on a revenue generating asset/venture already.
Any smart alex would of noticed this just based on the price action. ...they have drifted lower from one month ago They stated in their rns they will be left with just $2m -$2.5m by year end 2015. Co's need to raise further cash to grow and expand.