Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Next wave coming
Market likely to be mightily relieved as Cook has a decent CV & our new Board have faith in him.Those buying today may have an early return.
Has been booted as well now - so a totally new board to deliver
Lol. Just noticed this today. Remember posting with truth a while back when we were saying they were Finished when they were trading at over 15p. They had given so many false promises. I thought they are out of business. They got into trouble for misleading information to shareholders.
That's two trades of that amount.
Trade gone through.
Yes your right, now that the board have got in at bottom, itll rise soon to 20p....
paid. might go on a good run.
but Roberty Keith here. went to almost 20p last time. 1.75p placing. who knows where it will go from here,.
Strap yourselves in folks. A new board installed by Robert Keith (he of MOS , GFIN , SLN , Eidos fame to name a few). @ 1.75p this has its market cap in cash , millions of tax losses and new direction to deliver the failed promises of the past. In its hey day, BLUR had a market cap of £350m, only recently it had a market cap of £12m. A price of 3p is only 4m. Now that Robert Keith is pulling the strings to deliver the empty promises of the previous board, this has all the hallmarks of a multi bagger as the free float is very small. Buy and hold for the fireworks that will happen when they undoubtedly unveil a contract - and remember that Wandisco's record contract is c$5m and they have 5 bagged up to a market cap of £250m.
Another board member jumps ship.
I hope so you are right.. as the Aim is full of examples of such kind of shares..
It was all their plan to get in lower...
Like i said before all this seemed to lower the sp and get it cheaper and that's what the board did. Now that they got in at the bottom... Watch this rise...
David rowe now chairman. David Rowe is the CEO of Black Green Capital, a Venture Capital investment company based in London specialising in disruptive digital transformation. Companies in the portfolio include http://levelupmedia.tv/, hydro66.com, sendwyre.com, and message.io. David Rowe was CEO and founder of Easynet Group, a UK listed global Enterprise Cloud services business sold to BSkyB in 2006. David Rowe subsequently headed up B2B at BSkyB. David Rowe has conditionally subscribed for 8,571,428 shares in the Placing announced on 7 July 2017.
As I've said before in previous posts, this has always been his baby and consequently he had to trouser a junk of his shares to make this viable, so at no time was he ever going to plough any of his gains back into BLUR to bail them out, save to say he doesn't give a monkeys toss about investors. Mr Letts, when you do go you'll have more time to spend on your new venture and vet any prospective investor who comes to stay, making sure they had nothing to do with your company
At least Letts will have somewhere to go..... http://www.devonlive.com/exeter-tech-boss-opens-his-country-estate-for-business/story-30411876-detail/story.html
Yet another CFO come and gone.... "The board of Blur, which is based in Exeter, Devon, will stand down as part of the fundraising, as will chief financial officer Tim Allen who joined two years ago. Philip Letts, the founder and chief executive, will remain, although a source familiar with the situation said his position was also under review." Is the review -> Please go?
Why would the new board de list when they get more shares if the share price stays above 10p and then 15p av
Also note how much the new directors have bought in the placing - about £300k worth. And they have options for more if the company becomes ebitda positive and if the share price is over 10p and 15p for a sustained period. All this points to a company that wont have a share price of 1.75p and a market cap of 2.3m for very long.
I agree with you and hope hes right with this too..
Have a look at some of the other stocks that Robert Keith has got involved in. I can think of MPM (2 to 16p) and GFIN (4 to 28p). There are probably others. I think he knows his stuff. I reckon he's worth following cos he seems to get things very right.
Robert Keith has subscribed for 30,000,000 Placing Shares. Robert Keith is a related party of the Company for the purposes of the AIM Rules by virtue of his status as a substantial shareholder of the Company. The Directors consider, having consulted with the Company's nominated adviser, N+1 Singer, that the terms of the participation by Robert Keith in the Placing are fair and reasonable insofar as the Company's shareholders are concerned.
Will be resuming trading on the 1st of August if the Book build @ 1.75p gets the £1.5m required and the 2016 accounts are accepted ? once produced ? Holders will have to sit whatever and either ride out the drop to book Build levels or bail at a low price. Best Luck all..
blur Group plc (AIM:BLUR), the market-leading Indirect Spend Management platform, announces that at the Annual General Meeting ("AGM") of shareholders held earlier today, the resolution to receive and adopt the accounts of blur Group for the financial year ended 31st December 2016 was withheld, pending publication of such accounts. All other resolutions were duly passed.