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Able to purchase on Halifax. Total punt on my part but my buy is shown as a sell. Assume most shown as sells are buys.
No issue trading on Interactive.
Exactly.. think i will stick with TASTY for now.. on a nice rise :-)
Still nothing on HL
Tradable on freetrade.
Cheers SM
I wonder if it's not allowed In a SIPP?? In HL
I had to search on google for DEMG Hargreaves. It's not showing on their own pages search for some reason.
Can't even see it on HL ??
Open on HL now.
Despite this bring restored, neither HALIFAX or HARGREAVES LANSDOWN are allowing you to trade this share
It's all very bizarre
Sounds good but it’s going to take a while to sell off 833M shares… it will hit rock bottom and the sell of has already started.. nothing to see here for a while..
The share has been restored with £1.9M now in the bank and a new product launch and Gov orders to fulfil
I notice the sgare was suspended. Is it possible to Buy now?
News seems good.
Deltex Medical Group plc (AIM:DEMG) is in demand after it won a key order for its monitors.
The company, whose technology is used in critical care and general surgical procedures, said it had received a US$200,000 order from a distributor in the Americas for its TrueVue monitors.
The two have been working for 18 months to gain approval for the monitors, which measure blood flow velocity in the central circulation in real time.
Initially the distributor purchased five monitors to carry out in-hospital evaluations and these trials proved successful leading to the TrueVue technology being chosen to fulfil an initial government tender in that market.
As a result, Deltex has now received an initial order for monitors to fulfil government-awarded contracts, with installation expected over the next nine months. Further monitor orders are expected later this year once more tenders are awarded.
The order will also result in contracted monthly revenues for the single-use probes, which are used with these devices.
New product release, Gov Orders, 1.9M Cash. Things are lining up now . .
Does that mean current shareholders will take a hit of circa 84%? I guess that's better than zero
0.20p per share
What is the placing price?
Looks good.....
Do you realise this share is currently suspended?
Looks good. like to buy some more.
Thanks for response. Yes, in hindsight that 250k loan was a red flag. Will I ever learn?! I read it as positive, Chairman confident, etc, when in reality he was probably backed into a corner, and the only one able to stump up the money.
Thanks for the link Truby
I guess we just keep our fingers crossed but I'm guess it will either go bust or the dreaded pre pack administration deal to wipe out debts and keep the same directors
I believe the last funding of 250k that they received was from the chairman via another company that he also controls which seems a bit strange
HI Andyck1962 - I posted a reply that disappeared. Thanks for your response. I agree a bail out by PIs is far fetched.
I've been looking at Market Screener, link below, which has some useful stats... quite few individuals will lose a lot, as well as us PIs of course, if this goes to dust. Nigel Keen, Chairman is age 76 and not the wealthiest man on the planet either, nor is Michael Stubbs, who bought 100,000 shares in May (maybe that was a token gesture for some reason as a small amount for him relatively speaking). Maybe there is hope this gets reinstated and a way forward is found. I'm not holding my breath, just trying to adjust to the inevitable after the horse has bolted!
https://www.marketscreener.com/quote/stock/DELTEX-MEDICAL-GROUP-PLC-4002474/company/?spage=company
Unfortunately the logic of individual investors trying to raise money to save the firm seems very far fetched to me
This would be a very high risk strategy and the money simply swallowed up by the company
In reality the company has failed to sell enough units and has exaggerated about new products becoming available