focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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.
Hi Sooz. The brokers’ notes prior to the fundraise may have gotten more people interested and pushed up the sp prior to the fundraise, which would have given us a better chance of raising the funds above 0.61p. See what I mean? Certainly no chance of the sp rising now, due the brokers’ notes coming after the fundraise. If we’ve only managed to raise at 0.61p, people are likely feeling that 5p right now is far too optimistic.
Can you see now why the timing and order of these brokers’ projections it’s important? They should have come before the RNS re the fundraise, to raise confidence and give the sp at least a chance of rising prior to cash raise.
I know the Court ruling being awaited is suppressing the sp, but Ed has dropped a massive changer while we are waiting. Then another one, as we seem to all feel, with both the ill-timing and derisory target price for the BoD’s Options.
Anyway, so we wait for hopefully better Sooz.
Afty. x
PS And being the people who already know, we were only able to stump up between us a bit of what was needed. So the brokers note is there for people who don't know and it keeps the momentum up for the next time.
Toph1...We got it from Andy, I didn't read it as a hearing but as a return to it as a matter of process, here it is, thanks Andy:
"Yep, being brought up by the court at April 25th and then probably a few weeks until the final ruling, so most likely some time in May."
And for the sake of just saying...why would the broker's note be better before the fund raise than after it...as Wots has said, we already knew that, sort of? I was too mean to pay for it but I've read it now... it's pretty good.
Do we know if the court ruling is ongoing, or is it just hearsay ?
I've been searching online, but cannot find any reference to it......
When i read the brokers reports i actually wondered what was new and why we hadnt had this some time ago. But as you guys said, definitely pre fund raise
PS And it could be giving us some action rather than just ticking over which isn't what we want.
Evening Eric. That could be right or wrong...they might have been desperate and its always best not to wait until you are and that could be because the decision has taken so long. So far as those annoying options is concerned... we could buy 'options' now for under 0.70p, if we wanted to and/or if we were made of money. And the brokers rating does give a 8x from this point. Just joining in with the pondering, as you say good to share, it's pretty nerve wracking.
Yes, Troaj lovely day today and it was magic to be out among the new green leaves.
Summer is a cum.
Nighty night x.
I’m also sure that we could have ticked over until the Court decision and then raised the funds.
The brokers’ projections aren’t much good now, they’ve had no impact, and precisely because Ed saw fit to raise money at 0.61p, with no attempt not to. Why didn’t he try harder and arrange for things to be RNSed in a more appropriate order? Brokers’ projections first.
The suspense is killing me :-)
Anybody heard anything, at least that the hearing has started?
ADF, you normally have the inside track on what's happening in Sweden, any rumours?
If you don't know, just lie and make up something positive hahaha
Evening Sooz. Yes, it’s quiet. No point in pondering what I’ve been pondering, but may as well share. We’ve recently had the two BEM brokers giving a projection of our worth, and as it stands it looks like the sp should be around 5p. What the pondersome point is, why on earth didn’t Bowie arrange for the brokers to issue this information prior to notifying us about the fundraise? My feeling is that it could have made a difference and the company could have then raised this last amount of money at a higher sp, over a penny, keeping our nominal value status intact.
Why these broker projections after the derisory fundraise price/event?
I’m peeved and bothered by this, because the only reason I can currently think of is that the BoD wanted to ensure extremely cheap Option sp targets when they can trigger their buys. Ensuring also that they could give themselves many more Options each, by way of volume.
The brokers projections have, in my opinion, come wholly at inappropriate time, after the fundraise.
Anyway, it’s a bit negative, but I can’t trust Ed I’m afraid, as he has already mentioned funding in the positive, wuty various avenues to pursue, and yet has raised the cash at an all-time low sp.
In my view only, he's really quite useless, for shareholders that is, but not for himself or the BoD.
At least the weathers cracking,makes a change suz.
and the birds,are starting to make nests
Hello Eric. Yes, sigh! Quiet isn't it.
Evie eve x
Glad you spotted that as well. x
Yes, Wots, very interesting, various opinions and various motives. :-}
Always interesting to hear other opinions
Forget the fake 5p Wotisworth, that will not be until after at least two more fundraisers. And, i am quite sure that there will be a fundraiser coming in a month or two.
Exactly Wots, I’ve decided to sell my house, car and invest my life savings in to BEM. A solid investment with zero downside or risk. As you state “who isn’t investing”
This time next year (or next month) Rodney :-)
Wodman, didnt you read the analyses. That stuff isnt porkies, its real.
We should be over 5p. Sure there is the Court Case overhang but the real question is "Why areant people buying"
Wasn't that little windy.. nice top up GL :)
The question is, who's buying, and why?
Obviously I say 'very good' in loose terms as the SP is diabolical lol.
Very good day in Sweden for a change, rubbing off over here. Must be something to do with the start of the court hearings...