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Oh I see, seems like this is a (in their opinion)comparable company so 0. Strange to release an RNS phrased that way.
Sorry for my ignorance on this RNS but it's causing my head to spin trying to work it out, how much value does this end up at for CRV based on the $267m?
In reality, Craven Industrial has always been tardy in updating, even before de-listing.
I've searched for news more widely, but found nothing. Therefore have assumed that nothing worth writing home about has happened. That is an OK reason for not updating.
I believe it makes good business sense for the company to keep shareholders informed; there certainly does need to be better information about the share-dealing mechanism, which is currently completely non-transparent.
I wonder again if anybody would be interested in putting themselves forward as a non-exec? The directors could benefit from a new perspective, to help with this sort of issue.
Thank you for your kind reply.
Sadly there is little comfort within it for anyone.
The question is now 'what can be done?'
I sense we are up a proverbial creek...
There is no guidance I'm aware of.
There is also no update on what's happening at Craven Industrial.
The website's last news entry was in June.
This is obviously a very unsatisfactory situation, as Craven Industrial is a public company -though it has no quotation.
Could anyone kindly tell me, and I would imagine other long term holders, how one can establish what the offer price would be on our shares should we wish to sell?
If I have understood the other helpful postings on here one needs to make a blind offer (which is a stab in the dark) that will be assessed at a monthly reckoning and you may or may not be fortunate???? Surely there is a more scientific and transparent method or am I being daft?
DLC current value 0.16 Canadian $
The fact that Gyllenhammer is now also involved with LMFA is a real positive for that company.
He must know something that isn't immediately apparent from the public documents available.
That's true, but much more interesting is that Peter Gylenhammer also bought a lump of LMFA shares 674098 in fact. I'm sure it is just a coincidence...It would seem Pajak and Gylenhammer are mates, that makes one friend Pajak has, which is one more than i thought.
A 13D it is.
Craven House North America filed 13G in LMFA yesterday. 150k shares.
Thanks, Steve, for the information. I appreciate it.
Personally, I'd also like to know how and where we follow the "market" in CIH.
Very prompt reply from Mr Pajak here with the information for anyone interested;
"In the event that you wish to sell any shares in CIH or acquire further shares please email info@cihplc.com stating the number of shares you wish to buy or sell and the price at which you are willing to transact. Buyers and sellers will be matched on a monthly basis with sellers who have been waiting the longest and willing to accept a buyer’s offer being matched first. In cases where there are several sellers stating the same minimum price, sellers will be prioritised according to how long their shares have been listed."
Has anyone had any correspondence with the company regarding this? I've just enquired myself but interesting to know if anyone's already had any response.
A note to my post below: a listing only makes sense, if the money raised is invested in a viable business.
The sub-sector Rosedog is projecting to work in is horrendously competitive with corresponding wafer thin or non-existent margins.
Thanks very much, Karina, for drawing attention to this.
The listing will be on the Oslo Börs Merkur list, which is a junior market, with less regulatory requirements and costs than the the main Oslo Börs.
Ocean Skin is a subsidiary of Rosedog. It's only product, currently, is a very-high quality collagen- based product for skin rejuvenation.
As with Rosedog's other high-quality products - fish oils - they are entering a saturated market with intense competition. It makes sense to differentiate themselves through quality.
The listing is a positive step forward.
Still no news I'm aware of from Craven Industrial Holdings.
Never mind above, I was wrong.
Thank you, but is "Ocean skin lab" really a part of CRV? Can't recall t hat name from any filings.
Hi RTG. follow the owner Cato Crogh on Instagram. Much more informative than Pajak has ever dreamt of being
Thank you Karina - in what way did you receive the update? Much appreciated if you could give some further information.
Yes. One of the Swedish companies is being listed on the Swedish exchange next month
No doubt it will be announced by RNS soon. Ish
Anyone heard any news from the company? That is, from Craven Industrial Holding.
Nothing so far. There was supposed to be an auction notification each month. Unlike Pajak to miss a deadline.....
Anyone been able to trade in the now unlisted Craven Industrial Holding?