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ticked up over 8 %
has share prophets article brought more interest from buyers .
*************
https://*************.com/views/73713/bsf-enterprises-time-for-a...
bsf enterprises: time for a statement re bailout fundraise
23 hours ago · is bucket shop shard readying its client bsf enterprises (bsfa) for the deeply discounted placing that it has already explicitly warned is on the cards. ... tom winnifrith (the
Https://twitter.com/hiblue001/status/1773290940041503077?t=Z8sV_4bgJ3xB2M_R1QLdng&s=19
Multiple sources have now confirmed directly with the management that there is no equity raise
I believe he has no idea if there is actually a raise going on, he just doesn't like the company and what they are doing so says they probably are.
The fact he doesn't know suggests to me there isn't one as he has a lot of contacts and would know for sure.
Thanks EarlyBird. He still seems positive about the future and quite emphatic about there not being a heavily discounted placing.
Hopefully will bottom out and increase on the back of next years ISAs.
Typed Sherriff of aim BSFA , heading in last 23 hrs .has any one access to latest articke .
Has any one access to the article from T W .
Https://twitter.com/MylesMcNulty/status/1773062712810987587?t=5fQHxrDHQqJlLeCX1AEvQw&s=19
I held a similar share to this in the past and like yourself emailed the company for various reasons. Inmv some kind of fund raise could still be on the cards. More likely with someone/s who attended the investors meet.
Almost worthless
I have been in touch with the company today and they have assured they have no plans to raise.
Also from his tweet it is clear to me that Myles still holds.
What ever u think of tom, no he has lot dislikes, but his often correct on company's, time will tell, as price falls lot panic sellers will bail out. Company could put out rns of no know reason 4 price fall and say no near term placing.
Myles admitted tonight he’s stepping away from small caps
He’s been smacked but hasn’t admitted he’s sold this yet
They may also be looking at an acquisition of some sorts.
I'm hoping it's just one or two distressed sellers who have had enough, maybe Myles is selling down, who knows.
I would be very peeved though if they are doing a fundraise as they should have enough cash to see them well into H2. This should give time for commercial partnerships or revenue from City-mix to materialise.
If they raise now that basically says to me they are not expecting any revenue making deals for the foreseeable.
I think all this selling Emirates from the investors meet.Two possibilities are.
They failed to impress existing and possible new investors.
They have even unofficial sounded out a possible fund raise. Which on both accounts has not been received well inmo.
Hope TW isnt right with his assumption. Anyone got access to the article?
https://*************.com/views/73713/bsf-enterprises-time-for-a-statement-re-bailout-fundraise
gulp
Only once he's finished selling. Thats the loophole.. so he could go to 0% before declaring.
Thoughts on if the bucket is being passed about at the moment?
He owned >3% so there will need to be a notification if he crosses the threshold
His out
Many don’t TR1 at all on exits
All of aim needs cleaning up on the regs side
Only once he's finished.
Well it would require a tr1
And see what he says :)