Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
Now showing beacon energy plc on h and l
RTO completion next week then?
jonesrichard.
You're loving it!
GLA
I’m skint! Lol need funds so a nice few bags from here asap would be very much appreciated!
I have a grand here it's worth about 40 quid now so I need some sort of miracle to ever break even. Hopefully some lads get to recoup serious losses
Would be interesting to hear from one of the many
Experienced posters here about how they see this
Ending up after hopefully re listing ( how long is a
Piece of string I know )
I’d need 1 pence to break even after he1 and here
Last jan , slim chance I know but hey we can but hope .
GLA
Could presumably get an update any day now as meant to be completed by 28th November
Never works out that way I'm afraid.. There will be significant funding needed in a placing if and when the future plans are revealed.. Thus creating imo alot of dilution depending on the current sp at the time.. Then what generally happens is a consolidation of shares 100/1 later then a further raise as time trickles on then its fully funded and good to go lol.
Again all depends on what's in store and if they carry on being an exploration outfit. If they can generate income then it would avoid half of that scenario.
Could be worse though it might be a write off in the future /administration
Hope I'm wrong but from experience this usually happens.
If your a holder from pre drill days your probably chasing rainbows if you expect a good return in the next couple of years unless they strike lucky.
GL
The directors wouldn’t vote to dilute their own holdings too badly though surely?
Personally I’m expecting the worst but hoping for the best.
If it’s the worst we’ll know pretty soon; but if it’s tge best, ( some sort of recovery) then I guess there’ll be ample opportunity to “ get in” or increase holdings.
I’d probably punt with a doubling of current small holdings, but that’s all.
Until you see the terms of the RTO nobody knows.
People who were in from years ago probably will loose out. People who got in just before suspension might do well.
The directors bought at 0.08 and I doubt they will want to see that cash disappear.