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Coggy, reece clearly said he "bought 12th March for 5p and 17th March for 5.6 and sold on 17th March for 17p".
How could he "buy" on the 17th of March for 5.6p? The date you buy is the date you buy, and has nothing to do with the settlement date.
The post reece made just doesnt make sense.
Thanks goggy ,don’t know why some doubt folks buy and sells ,everyone in it to make money ,I did well out of fin ,but lots didn’t ,hope everyone gets something decent back .
17th March will have been his settlement date.
Think he's just got his dates wrong. I bought for about 5 5p on Thurs 12th. I watched on Friday 13th and SP went up to around 20p eventually settling around 11p. Then suspension on the Monday.
I am sorry but you guys are completely deluded if you think you are going to receive any meaningful offer from this company. They've been treating shareholders like s#it for quite some time and i'm afraid this time is not going to be any different. They are a bunch of thieves and liars. BOD / owners lost all credibility months ago. What we are witnessing now is another daylight robbery and there is absolutely nothing you can do about it.
“BRS Investment Holdings, a investment company for B.R. Shetty, controlled about 65.3 per cent of Finablr,” said Vijay Valecha, Chief Investment Officer at Century Financial. “The owner of UAE Exchange had defaulted on $300 million of worth of loans in the first quarter and some serious accounting issues were also uncovered. “Under these circumstances, Shetty or his personal creditors - institutions that have given loan against pledged shares - are unlikely to be a beneficiary of any corporate transaction. In any case, when debt is restructured, it is the creditors who get the priority, and not the shareholder. “In this case, Shetty, or for that matter any other common share holder, will be paid only after the debt is settled. Given the magnitude of Finabr debt, the common shareholders are not likely to be left with anything.”
Rotschild / Israeli involvment says it all - they will milk it dry giving you a 1000 reasons of why the offer is so low. They are not some benefactors coming here to rescue the company settling all the massive debts and making shareholders happy in the process. They are who they are for a reason and they are here for one reason only - to take predatory advantage of the desperation and make as much dough as possible. Christmas won't come early I'm afraid. We might get some pocket money at most but it will be an absolute minimum.
d4ve is correct. I bought on Friday 13th March and they were suspended on the Monday morning. It would have been impossible to trade them on the 17th.
In fact, I remember it very well because they weren't suspended until 8:52 and I was in a dilemma whether or not to sell them.
Not bull**** ,that’s what I paid and sold same day ,if you were invested then and watched you would of bought and sold also .
reece, can I just remind you Finablr was suspended on the 16th March. Therefore you could not buy or sell on the 17th.... please take your bulls$%£ to another place
So reece, your saying you bought on the 17th March at 5.6p and sold the same day at 17p - you must live in the same house as Mr Bull...
A lot didn’t show up on lse ,my buys and sells didn’t .
I checked on mine ,I bought 12th March for 5p and 17th March for 5.6 and sold on 17th March for 17p ,have some free shares left ,so it was possible to buy for 5p .
Spot on Dave
Mr Brown is full of the Brown stuff..... First he's going to average down, then he's going to wait for more information on the Compnay, then he comes out with the fact that he bought at a price that it was never as low as.... not Mr Brown ... Mr Bull S***
Yeah just checked. Must have about 7p
When did you buy at 5p?
Average still too high even with buyi g at 5p :(
Well i bought at 5p so hoping for a nice return here. Will wait for more information on company before adding more
When it relists I'll be adding more to get the averaging down.
Meant to say billions not millions!
Wow...if they trade off the debts then this is a monster deal for Prism ever if they pay existing holders (not accused BoD) 50p/share....when they are planning to make millions in the future!
Like many others who have posted, I had also written this off, but there could be value in the platform they use and the infrastructure (even the Forex name?). Whilst all of that could be replicated, it could have a monetary value to an interested party.
I am not sure the highest share value in the previous 12-months applies under the current circumstances, so would be interested in what others think the value could be.
Wasn't the last price these traded around 12p?
If ****ty Shetty has anything to do with it, FA.
i think we will all be getting a bonus from this but just not sure how much it will be and will the company carry on trading afterwards as FIN or be renamed and packaged?