Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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BUY BSP instead of PGB-
TAKE A LOOK AT PGB BEFORE IT POPS
Its 6.0 to sell so not moving at all up.
Moving up now, expecting a good push now they've shaken as many nervous pi's as they could.....
After the incredible day yesterday you have to expect some retraction today and to be honest after yesterday 11% retraction is not bad at all. Hold tight it will stabalise by mid afternoon and from tomorrow you should start to see steady growth.
Riddler where are you he may undertand this all.
check BSP out...i posted this same thing on CMG about 10-15 mins ago and look where the price is going. IMP atleast another 50-75 % rise
What happens to the £2m worth of convertible loan notes, since they can't be converted until 18p, when/if it doesn't reach 18p by Oct 2012? Does that mean they will get the loan back in cash instead? Like I said yesterday the news doesn't make any sense at all to me so I bailed out early doors yesterday. GL to all still here though.
Bottomed and rising thank ****.
Me neither tbh
I didnt expect this big a drop ,could it be mM games or have we missunderstood the deal,whatever im stuck here for a while now.
Going down some
RNS RNS Number : 9943W 8th February 2012 Timeweave plc ("Timeweave" or the "Company") ACQUISITION OF CONVERTIBLE LOAN NOTES Timeweave announces the acquisition of £3.068m of Convertible Loan Notes in DCD Media plc, the AIM-listed independent TV production and distribution group. The loan notes have been purchased from Gartmore Smaller Companies Trust, Standard Life UK Smaller Companies Trust, Barnard Nominees, Universities Superannuation Scheme, Rockmore Investment Master Fund, Artemis Investment Management and Henderson Global Investors. Total consideration for the acquired debt, which has been satisfied in cash from the Company's existing cash reserves, is £2.087m. All of the acquired loan notes have a maturity date of 1st October 2012. Under the terms of the loan note instrument, the debt earns interest at 8 per cent per annum, which is rolled up; £2.093m of the loan notes are convertible into ordinary shares in DCD Media plc at 18p and £975,000 of the loan notes are convertible into ordinary shares in DCD Media at 1p and conversion of the loan notes, if exercised, is possible up to a maximum of 29.99% of the DCD Media plc issued share capital. David Craven, Chief Executive of Timeweave, today commented: "This investment is consistent with Timeweave's strategy of growth and delivering shareholder returns through investment. We have been following DCD Media for some time and took this opportunity to acquire the majority of the Convertible Loan instruments. We will update Timeweave shareholders in due course regarding this investment."
it may not happen straight away but in a few weeks time maybe
similar to here - contract win worth similar % wise to mcap.
wrong board was meant for dotd board sorry everyone.
what a lovely share this is i think i need to just stick to finding nice steady growth companys like this,it's so much better for the heart,what a day,i lost loads on tly ,then i did a kamakaze purchase on buying into cosalt and lost loads there,why did i buy them don't even ask,then i bought dcd and sold at a good profit and ended the day making £50 out of those three,now £50 is not much but considering how much i was down before buying and selling dcd that was a major result,i really want to find more shares like this where it is pretty obvious with a bit of patience you are going to do well,sxx was one of my best patient investment from 2p,i must get back to my roots now and this is a good start by being in this share.
What a great day.Now WFCA on the move as well.
The RNS below, stating 'looks forward to a meeting'!! If it is takeover, what price does anyone thing the company is worth? The Board of DCD Media, the independent TV production and distribution group, notes the announcement today by Timeweave plc ("Timeweave") that it has acquired £3.068m of existing Convertible Loan Notes in the Company. The Board of DCD Media looks forward to arranging a meeting with Timeweave in due course to seek to understand better Timeweave's rationale and intentions in making this investment. A further announcement will be made by the Company as appropriate
Late buys lets hope we continue up tomorrow,i think we could see 10p very quickly.
2 x massive buys after close!
Tomorrows opening could be interesting. Thoughts?
Bought 200,000 for 16K
This coming out at mid-day must have helped a lot! http://www.proactiveinvestors.co.uk/companies/news/38745/DCD%20Media%20soars%20as%20racing%20group%20buys%20up%20debt DCD Media soars as racing group buys up debt Shares in DCD Media (LON:DCD), the company behind TV programmes Bridezillas and The Slap, leapt ahead as racing broadcast group Timeweave bought a big chunk of its convertible debt. Timeweave (LON:TMW) is best known as the owner of 50% of Amalgamated Racing, which broadcasts live pictures from 31 of the UK’s racetracks. Its chief executive David Craven said the investment in DCD’s loan notes was consistent with its strategy of growth and delivering shareholder returns through investment. “We have been following DCD Media for some time and took this opportunity to acquire the majority of the convertible loan instruments,” he added. Conversion of the loan notes is allowed up to a maximum of 29.99% of the DCD Media’s issued share capital. Timeweave bought the notes for £2.09 million from a group of institutional investors at a 32% discount to their face value of £3.07 million. They pay interest at 8%, which rolls up to the maturity date. The loan notes bought by Timeweave mature on 1 October with £2.093 million convertible into DCD shares at 18p while a further £975,000 convert at 1p. Gartmore Smaller Companies, Standard Life UK Smaller Companies, Barnard Nominees, Universities Superannuation Scheme, Rockmore Investment Master Fund, Artemis Investment Management and Henderson Global Investors sold the notes to Timeweave. DCD had £4.3m worth of convertible loans outstanding at the end of last September. Shares in DCD Media rose 1.58p to 5p.