Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. 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.
If Turner Pope manages to wrangle £1million of fresh money, the perception is obviously there's gold in dem dar hill, and gold fever could catch on.
If the gold rush drives the share price to 0.1p, on 10billion shares, the market capitalisation will be £10million.
If BIKWIK managed to pick up 10million shares at 0.04p, and then sell at 0.1p, that is £6,000 profit = £10k - £4k.
Rumour? Or a 150% bumper crop about to reach harvest.
Of course, Turner Pope may not raise a penny.
Substantial discount.
So let us say £1million at 0.02p, which is
£1million = 5 billion shares
That is not the end of it.
Previous Placings sweeten the deal by attaching warrants.
So the Placees will get 2.5 billion shares worth of warrants.
We currently have ~2billion shares in issue.
They will no doubt issue more options to pay off the back pay and fees they wrote off.
I see us end up with 10billion shares in issue.
If you own 20million shares, you own 1% right now, 20m in 2billion.
After the Placing, and after the warrants/options are exercises, you will own 0.2% 20
If substatial discount means 0.02p a share.
£1million buys 5billion shares at 0.02p.
Placing historically had warrants attached, that means 2.5billion shares more if exercised.
We already have about 2billions shares in issue, with warrants and options included.
They will no doubt issue more options to cover the back pay/fees they wrote off.
So we end up with 10billions shares.
If you currently own 20million shares, you own 1% of 2 billion shares.
After the Placing, you own 0.2% of 10 billion shares.
Even more dilution below 0.04? Oh shat.
A little birdie tells me that AIM-listed tiddler Alexander Mining is planning a share placing to raise up to £1 million. City sources say the mining and mineral processing firm’s stock could be placed at a substantial discount to its current share price of 0.4p.
It is thought Alexander Mining will secure £750,000 to £1 million from investors. As one of the smallest companies listed on AIM, with a market value of just £831,000, a £1 million cash injection would be a major boost for the company.
Oh well, guess I won’t be getting my money back anytime soon.
I can live with that.
Writer today says a little bird told him Aim tiddler Alexander Mining is planning a placing of up to a million pounds.