We would love to hear your thoughts about our site and services, please take our survey 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.
The share offer would not be forced. It would just be an offer to existing shareholders to maintain their % ownership vs just the number of shares. Personally, I probably won’t have any spare cash to at the time. So I'm happy with a 50% dilution. In theory a £1 future price (in the next few years) at the current number of shares would equate to a 50p value if there were 50% more shares issued. That’s still nearly an x10 from current price. But I am not forgetting that there are serious hurdles to jump and a massive risk that this doesn't even survive. So, it's nowhere near a done deal and that’s why it's at 6p now. Only my opinion. DYOR
Like i said, whatever PIs cant take up will be bought by an institution.. of which im sure there will be plenty willing :)
I’ll be out way before this occurs in that case, dread to think what some of u would be paying lump sum with your current holdings if it is 25 p,
Bryn if I'm not mistaken the minimum price they can raise at is 25p/share?
My concern is how much are us existing shareholders going to have to fork out per shared to prevent our holidings being diluted?!
On a succesful scheme and material dilution you re talking about an Mcap at least 3 times higher. Give it 2 years and this will be 50-60p. What an entry point.
Absolutely,and at this price 5/6p it is a steal and who would turn down 47p to the pound compensation i know i wouldn't,we are in a much better position now as others have said on here before,its just a waiting and accumulating time at the minute but when it goes up it goes up fast as we've seen it happen here before so hopefully not long now.
I personally think you're right.
If the last court case is anything to go by, I might break even before the 16th. I reckon people will start to pile in very soon awaiting the hearing(probably next week, fomo 6p). I have bought a few more at this price, but considering how many i have accumlated over the last 2 years or so, it hardly brings down my average. Still confident the board can turn this around.
Hi clintek I've been here forever well it feels like it,i was here before jb was selling up and sunsetsupper and hillman was at it like cat and dog,i took a loss after the fca got a boot in but will gain it back this time round,all will come good soon enough.
Biglippy. I read you've been here for about a year, I've been in for 2 years, just after all this negativity started (I was look for a quick win). i'm about 40% down atm. 9.91p average with far more shares than I wish to mention. I hope you weren't one that got pulled in with he court case and vote.
Im already here ;-)
Not long before the FOMO investers turn up. lets hope it doesn't rise too much before te court case.
Good to have you aboard Algo Man. I am looking at a similar sort of figure here.
Am I going mad or have some posts last night been deleted. Seemed to be getting spicy, so I stayed out of it.
Remember, it was the rampers that forced a lot of reasoned and seasoned AMGO investors off this board at the last court case. Incessant ramping about £1 next week, "didn't the legal team do well in court", despite typing out every word (near enough) of the court cases - ISA is talking rubbish or doesn't know, etc, etc. Clear warnings were made on this board before the judge ruled, last time out and any factual reasoning was drowned out by people who are suspiciously quiet now.
Maybe they're on the Twitter group, maybe not. Who knows.
We've also had people with multiple accounts, people ramping whilst selling, etc, etc.
The derampers are no worse than the rampers and anyone who called the (negative) outcome before it came wasn't deramping - they were right. I am far more wary of those ramping than deramping. DYOR and all that and make your own decisions. People lost a lot here buying into the rises at 10p, 20p and even 30p and not one of those (now paper or realised) losses can be attributed to a deramper.
What we need now are people entering and re-entering because they value the underlying business and future prospects and will stick around. Hopefully the 'stability +/-~6p has shaken out the day traders and there can be a period of growth here. The increase in volume obviously suggests a seller but since the price is not dropping; someone is happy to accumulate in big slices. When the cheap shares are off the table, hopefully a reasoned and sustained move up will come.
GLAH, play nice and DYOR :)
Ha ha I am personally. But for the day job rules are rules.
Morning all. Our system has a 6.41 close trigger on this to start accumulating. Many use the same models so I expect to see some movement once we open/close in that territory. GLA.