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http://www.investegate.co.uk/halosource-inc--hal-/rns/completion-of-fundraising/201706200700035349I/
Whys is it rising?
Glad Halo pulled it off a good product excellent news , they just need to get there act together asap .
had a crap time on CLP so sold out all nominee shares and took a small punt on this at .0027 only 300000 shares And WOW!
already. No idea why but i was thinking of a small punt just in case. Funding sorted and I'd say well done. Tis a shame for me though.
Well I'll be damned - so the Chinese investor never turned up but the big existing investors did - Invesco Asset Management Limited and Woodford Investment Management. I haven't got any shares myself anymore but well done those that have.
well for a co that was doomed and at .003p a share to get funding at five fold WOW
Dactions agree on that point especially the larger assets selling on cheap , the going issue with only weeks to go would be the cornerstone investor is in skin deep what are they prepared to do it's 2.4m and that investor only has to put in less than half its an China investor as well possibly buy out ?? Dyor.
I was a LTH in Halo and got out at a little over 16p two years ago when I believe Neil Woodford invested heavily in this company. I've watched from the wings how it fell steadily but remorsely. I'm surprised that it was allowed to mismange itself with such a notable investor. I say mismanage - expanding into areas that then had to be curtailed and sold off cheaply. They have good products and technology - crazy to be in this situation. Only for the brave now.
cash until the end of the month , the investor only reapplied on Friday or even Monday to the government again such a pity if it does go .
Going to the wire!
The next announcement is either boom or doom!
Only buy it if you can afford to lose it all. Couldn't guess the odds on this one, needs some kind of an announcement, but shares are cheap! (Or are they?)
You decide,if no money is forthcoming you lose!
is this worth a punt then?
If the new investor is approved in time I imagine there is a profit, if not will you lose the lot? As there will be no cash left by June 31
Willing to take shares
I read the rns, what price are the placing shares?
so you experts will the increase in the number of share result in the sp up or down
HaloSource, Inc. ("HaloSource" or the "Company") Update on Fundraising HaloSource Inc. (HAL.LN, HALO.LN), the global clean water technology company traded on London Stock Exchange's AIM market, refers to its previous announcement of 21 April 2017 in relation to the conditional issue of new common shares (the "New Common Shares") to raise approximately £1.9 million ($2.3 million) (the "Fundraise"). https://www.share.com/find-investments/advanced-finder/company-overview/halosource/news/14741/?pass=1&story_id=25950733&rns=1 The Company is pleased to announce that the Company has obtained the requisite numbers of waivers of existing shareholders to (a) amend the articles of incorporation to increase the authorised share capital of the Company; and (b) issue the New Common Shares without having to make a pre-emptive offer to existing shareholders.
Cannot find at what price though
Some buys!
Sells shown!!
In English what do you mean?
they can,t not get the RNS here ,can you believe it