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.
Two giggles in a week gooner.
Https://youtu.be/9fVF-FAaZDM
I have emailed the above directly to Adonis today. Fingers crossed we have some action soon.
KB. Back in Dec 22 the lady of the house here suggested that a webcast was organised to present the details of our finalised GSA ….
Here we are July 23. Not exactly the luckiest or smartest AIM investor! 😂🙈
"I’m going for a 19p+ finish today :-)" Whimax posted on the 14th of April🤪
Wow, imagine that. Share price going Up and Down (traded) while we wait for news!! 😱
Kind of feels like our recent rise has been noting more than a "blip" created by ST's article along with a helping hand from Rampy Grampy, who unsurprisingly is nowhere to be seen today🤔
Xel123,
"They must have have agreed or very closer to agreeing something with the potential parties,.."
FWIW, my thoughts are, an agreement HAS occurred between parties and has been signed off as far as it's legally practical to do, both parties are now waiting on ONHYM to 'rubber stamp/brown envelope' before it can be announced !!
As for AGM on 7 September 2023, one would hope all this uncertainty will have been put behind us, one way or another.
aimo & dyor
Agree with you NewKotb,
They must have have agreed or very closer to agreeing something with the potential parties,
Why do they have their AGM in most expensive part of the London and in a most expensive hotel.
If they short of money, don't think they will spend like this
"The Annual General Meeting ("AGM") will be held at The Mayfair Hotel, Stratton Street, London, W1J 8LT on 7 September 2023 at 11:00am. Please can shareholders arrive at 10.30 am for a 11.00 am start. Once the formal business of the AGM has concluded, management will go through the latest version of the corporate presentation which will be followed by a Q&A session and refreshments."
NewKOTB "CHAR must have something pretty goddamn strong in terms of an offer/s," - We can only but hope.
"otherwise surely they would have done a raise PRIOR to the release of results." - Perhaps they were concerned yet another raise would not be received well?
"pretty poor mgt of their current situation otherwise." - Sadly that is also a concern for some of us, which is not helped by missed deadlines, present and past, eg nearly 7 months now since the GSA was "allegedly" agreed in principle yet not even a mention of it in the latest RNS.
🧍 by waiting for the 🫙 to fill up with jam😉
CHAR must have something pretty goddamn strong in terms of an offer/s, otherwise surely they would have done a raise PRIOR to the release of results. By default it would of mitigated need for the "corporate overhead until Q4 2023.." statement that would of spooked or at very least made investors 'sit-up and take note', pretty poor mgt of their current situation otherwise.
aimo & dyor
Both statements are matter of fact and as such are as important as each other😐
Thanks for that .... although it also states :
"Based on the offers received and the significant historic and ongoing investment on the Anchois project, it is anticipated that the Group will recover a significant portion of past cash expenditure in the second half of 2023.."
So take you pick, fund raise or massive cash injection from one of the offers received in NEXT FEW WEEKS or so.
If funding, then I would expect it to be no more than £7m given where we are in the 'offers' process, which is currently ~5% dilution .... I can live with that.
AIMO & DYOR
Page 23 of the Final Results 2022 "In the event that neither a partnering agreement or alternative financing is concluded, the group has sufficient cash to meet its corporate overhead until Q4 2023".
My use of the word confirmed might confuse matters but what can be implied is if there is no partnering agreement or alternative financing then they won't have sufficient cash to meet their corporate overheads post Q4 2023. Q4 starts October 2023...
Under the going concern statement buried towards the bottom of the final results, they mention that they have enough funds to meet all corporate overheads until Q4.
Where exactly was this specifically 'CONFIRMED' !!!
Buys being reported below Mid-Point .... ie shown as SELL
Shouldn't be a raise as Char made that clear in their recent presentation although they also confirmed they are due to run out of money in 11 weeks...
I hope it's not a raise, the silence and constant delay is gonna drive this down
And so the decline continues,ffs!!!! Another poor week and nothing in news...No wonder we are at these levels when the silence is deafening..Think its why the markets hasnt responded to anything thats been spouted as news☹️☹️
ICB what's your positive spin on todays start? SP currently 16.30p...
@ICB888 Thanks for your morning's input Rampy Grampy👏
Currently showing Up 8% on the back of an AT trade at 18.28p. It will soon change on the next AT trade but hopefully indicates today’s direction of travel.
Pontac, if you can get on your Telegram PMs, you’ll see I’ve put a link on there for you. Click on that and you should be back in a jiffy
Good luck !!!
I'm not a tech head - no idea how to do it - but will ask
Hi Nordell, its Pontac from the telegram group im having trouble with my phone so could do with the link to the group again, any chance you can assist? thanks
I always like a good formula and think I'll buy a couple more dozen shares now. My window cleaner uses such stuff with his 4 big screens making £thousands a day. Gets bored with it so gets his bucket out for a relax! I need to catch him when he has a mo' so he can show me.
The VWMA formula is as follows:
VWMA = Sum of (Closing Price x Volume) / Sum of Volume
As shown in the formula above, the calculation involves multiplying the asset price for each period by its volume. The values are then added together to find the cumulative total. That total is then divided by the total volume.
Trading platforms like TickTrader provide an automatically calculated indicator that you can apply to charts without having to do the calculation manually.