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yes we are down at present today is a down day.
we all know including yourself that this can spin around in a minute lets see at 4.30 we will be 65p
If you are waiting for 30p then you will be waiting a while.
look back in JUNE.
To the genuine traders on here this has legs on a day trade this is a good price to get your 10/20 % return.
Let’s see where the price is at 4:30 today and you’ve no idea what my holding if any here is. Currently down 18% here so that kind of backs my stance wouldn’t you say
Haha pathetic how people sell at a loss then hang around a share praying it goes lower. Problem is most here got in at 30p zone and already took profits and just waiting for thr next spike and are all quite happy and calm.
Desperation springs to mind for a few of these posters who try to knock a share they clearly sold on too early or boughy too late. Plus their history shows all.
We all can see this is a day trade share.
In mid 50s out mid 70s
possibility early 80s if there is momentum.
today is a quite trade but it can change very quickly.
it wont go much lower it will move upwards very soon.
Down to .56 and still falling fast
I think we will retain the late 50s will head into the 60s later tomorrow we should be back to the 70s range.
Too many large buys for this to drop major now.
limited availability of shares
Turn the lights off on your way out, you’re sound desperate now waiting for a tr1 that will never materialise. Trending down now expect will end 30% down today, do yourself a favour sell up and move on
Afternoon push back to late 60s early 70s
If the past week has anything to go by.
no TR1 surprised
someone will get squeezed here in that case :)
expect tr1 to see distress sellers out
some big trades today
Added a tad more, hard to ignore down here,
squuezing out any remaining sellers, and bed wetters.
keep buying low, and hold them well.
Many will lose positions here first
over and out.
anything under 150p is ridiculously low for devi + 300m NAV asset
All to their own
long w/e to get rid of any remaining sellers
once these bed wetters out we should push up nicely
friday was strong day today to weed a few out
buy low and hold, hold.
Trotsky - whilst I agree that a shareholder with over 75% can change the articles of association, the minority shareholder can pursue a legal claim if those amendments are unfairly prejudicial towards him/her. Personally I suspect a 'shareholders agreement' will be proposed post delist.
Best and GL.
It seems to be traded in the mornings with some caution then mid morning early afternoon it hots up and has a bit of day trading there is definitely a day trade in this as Neil said a 10% swing could get to mid 70s later.
Guernsey will be an absolute paradise in terms of shareholder rights compared to India where this will reincorporate after going private.
Mandoo, You say "... whether publicly held (listed) or privately owned (unlisted) ... it’s illegal for a majority shareholder to intentionally prejudice the position of a minority shareholder". Those protections come from the LSE's listing requirements and the UK Takeover Code, neither of which will apply after IBPO delists. These regulations were enacted to ensure that minority shareholders in listed companies were treated pari passu with majority shareholders.
The only protections afforded minority shareholders in unlisted companies come from their Articles and the UK courts but, in Guernsey (see additional information below), the Articles can be changed by Special resolution (75% of members' votes) and the UK courts will no longer have any jurisdiction over IBPO once it's delisted.
Many jurisdictions do not have strong minority shareholder protections and there is nothing in law, beyond a company's Articles, to state that minority shareholders in unlisted companies have to be treated pari passu with majority shareholders.
So, no, it's not illegal but believe that fallacy if you will. I'd suggest that you check out IBPO's Articles but, because IBPO is registered in Guernsey, they are not easy to access (you can try this link: https://www.greg.gg/webLogin.aspx).
Based on a quick online search, I've established that there are four types of members (shareholder) resolutions in Guernsey; an Ordinary resolution (requiring a simple majority of the votes), a Special resolution (requiring at least 75% of the votes), a Waiver resolution (requiring at least 90% of the votes) and a Unanimous resolution (speaks for itself; 100%). According to the Guernsey Registry, alterations to Articles (only) require a Special resolution. Waiver resolutions primarily relate to Audit waivers, AGM waivers and Directors' Report waivers (but that list may not be exhaustive).
It drops back to this 62p range and then normally has a decent afternoon to end low 70s.
Of course this is AIM and its a share set to delist so it could go either way but as a day trade its definitely got potential for a 10-13% profit.
Remember the MMs opened around 50% down at 180p after the RNS so they thought that was a decent drop. Let's hope they were correct and it climbs back towards it!! We can but dream
"You forget that ethical business practice is central to AA"
I am sat here wondering if your are being dry & ironic or simply moronic ? Who knows.
Congratulations to those of you who bought shares in the 32/40 range and then sold out when the price doubled.
Its too much of a gamble for me,
Just added some, did you sells? because it was down ??
Need some balz here, and patience too. :)
Squeeze it will
imo
A quiet day today , I think we will be in the range of 63 to 70 today may push a little into the afternoon.
Sill can move either way with little buying or selling.
Very few shares available.
As a day trade still worth a punt.
Magmanus : Stop with the spamming.. you’re still not making good on your predictions from last week. Put the keyboard down for a day
Where Trsokey is buy like crazy :)
Shorts will get their due soon.
Seller are drying up, and buyers will be in full control here.
NAV value is £300M+, and last b/o received was high which they rejected. Why? They know they can sell the co at anytime for much higher.
besides holders get healthy devi payment as company draws in profits, and they can sell put put of de-listing any time, given the share prices and possible issue on sale etc.
Either way its win//win form here for buyers of distress sellers and panic sellers.
yes, looks some more stops being taken,
buy up low and hold better
once orders it will push up
hardly any shares for sale now