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yep what was that 1 code earlier they do come in seen it many times
9 million in free float now as I own 1 mill
Stecconi?
someone seems to be in a rush to buy these today.
BVT own 67.1% of Defenx and Stecconi owns 2.58%, so together: 69.68%. They are the only shareholders with >3% share holding so they are over 5% short of what they want to do even if they act together.
dont think i have a chance of getting my average back :(
Someone is buying shares. Suspect it's BVTEch? Anyone know how many more shares BVTech need to acheive their 75% to have this delisted? and is there a date for the proposed General meeting?
Looks like we will need to get what we can out of this stock before the meeting later this month.
NSCI was the same filed to come off aim needed 75% votes and some came in and brought a fair chunk and it got blocked... went from 2p to 26p this has the same potential if and it is and if it does not delist, with 10 mill free float would not cost a lot to buy a fair chunk of these and at the moment the shareholders own 72% so not enough
has been voted yet? no it has not so you cannot say that
worth a small punt. Only 250k MC.
Its getting delisted... I think not
if it gets blocked ... they only have 72%
This could just be the next NSCI
My thinking only its a ploy to buying time i do not feel at all these will go off the stock market.
The advisor was due to leave on the 14th in which case had they left the shates would have been suspended any way
BVT own 67.1% of Defenx and Stecconi owns 2.58%, so together: 69.68%. They are the only shareholders with >3% share holding so they are over 5% short of what they need to do that even if they act together.
I’ve been in and out of this for the last 2 years, made some money and lost some too. But either way I’ve followed the story, and to be honest they have steadied the ship but still not breaking even. I believe BV Techs intention has been good but too many skeletons in the closet. The only advantage of being listed is to raise cash through equity, but given that BVT are funding, loaning and buying shares they don’t need to list, especially when operating at a loss and listing in an unnecessary cost. Taki N it private essentially gives them full control without buying more shares and reduces overheads.
Brought in as i think there is more to this
I think there is more than meets the eye here the Nomad was going to resign yesterday and the shares would have automaticaaly been suspended hence not happing unto 2020
lets blacklist the company and directors loudly. This is robbery and illegal.
Enzo was the nomad suppose to quit yesterday? As per RNS have DFX brought time inorder to sort out issues Hence purposal to delist with Nomad still on board?
@5h4k35p34r3 67.1% to 75% isn't much. Andrea stecconi owns 4.72% and he probably would vote to delist too. If he does then that's 71.82% already. No idea how other directors/insiders would vote but wouldn't take many more to push this to 75% and then us PIs are shafted. Even worse they didn't even state a reason to delist, shows how much they care, as long as they can line they own pockets while fleecing us minnows! Hope for long term holders sake it isn't delisted as this isn't looking good.
@allahu that doesn't make sense, are you suggesting dfx is considering delist due to nomad resignation?? don't see the point in that.
Delisting .waiting too long comeback
Poor dog
You get nothing. But you can be still the shareholder And won’t get any dividend. Because they never make any profit anything they make it all for them
Resignation of Nominated Adviser
Strand Hanson has given the Company notice of its resignation as Nominated Adviser to the Company, such resignation to take effect at the close of business on 4 November 2019.
The Board is in talks with a number of potential replacement Nominated Advisers and will update the market in due course.