Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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forward selling before the new shares hit the market imo. Main problem with this is its in india, every thing takes for ffffing ever. Hope you got patience, because youll need them!
The RNS rererences director receiving shares in lieu of part salary - have any directors' actually bought any shares ? If i've missed something - my apologies. Cheers
Ready for progress
glad to see all pass, welcome Cameron Parry and Luke Cairns.
It's a new dawn
July 26, 2016 @ 11:52 am By Erin Hobey News Corp VCCircle, Indian publisher of startup and private equity news, data and information, released News Corp VCCEdge India FinServ Insights related to funding in India�s Fintech sector, with a focus on segments of online personal finance and lending, reported BWDisrupt. News Corp VCCEdge, the financial research platform of News Corp VCCircle, offers information on M&As, private equity and venture capital transactions including deal terms, structures, deal amounts and valuations.........
Up she goes on little volume and we all know when MTR arrive the shares go up CP has FINTECH expertise and also we have the gold too FINTECH + GOLD = I'm not saying until the EGM is passed
I agree, there seems to be very little shares available. I am very interested to see what plans Cameron has for the company. The Metal Tiger option agreement is also interesting and I think, gives a good idea of where they think this share price is heading in the next 8 months. From MTR RNS on 12th July: Metal Tiger has entered into an option agreement for a fee of US$25,000 to acquire a further 9,000,000 existing Kolar Gold shares from its current largest shareholder, at a price of 3.5p per share exercisable on or before 7 March 2017.
It's certain to be all change with Cameron Parry driving the business forward and with the FULL SUPPORT of KGLD's largest shareholder with 23% Expecting an uplift on the announcement and with so little in float it'll rise quickly as proven with the dramatic rises seen of late I'm ready
Luke Cairns (aged 37) to join the board as Executive Director and Interim COO Luke has been working in corporate finance for over 15 years and is a former Head of Corporate Finance and Managing Director at Northland Capital Partners. Luke is a former Qualified Executive for the London Stock Exchange’s AIM market under the AIM Rules for Nominated Advisers and has advised many growth companies across a number of sectors and regions on a wide range of transactions including: IPOs, secondary fundraisings, mergers and acquisitions, corporate restructuring and the Takeover Code. He is an Associate of the Chartered Institute of Secretaries. Born in Guernsey and based in London, Luke is a Non-Executive Director of AIM-listed Onzima Ventures PLC (LON: ONZ).
New directors: Cameron Parry (aged 41) to join the board as Executive Director and Interim CEO Known to the small-cap London market. Uniquely experienced in both the mining and Fintech sector. During the last four years has completed the sale of 51 per cent. of a biopharmaceutical company he founded, to an ASX (Australian Stock Exchange) listed company, negotiated and led the trade sale of an Israel-based medical technology business to a Hong Kong company targeting commercial rollout in China, created (and inaugural CEO of) London Stock Exchange AIM quoted Metal Tiger PLC (LON:MTR) and as Executive Chairman and co-founder, successfully completed the world’s first IPO of a blockchain Fintech company (ISDX:COIN). Born in Australia and based in London since 2009, his other previous roles include: CEO of a biopharmaceutical public company with its own probiotics manufacturing laboratory and over 800 shareholders; Key Person on an AFSL (Australian Financial Securities Licence); and Managing Director of an unlisted Australian wine public company with circa 300 shareholders and a tax-incentivised investment structure.
20/07/2016, 13:48 #FinTech in India: #CreditCard = 25 million #DebitCard = 660 million #PoS terminals = 1.4 million, ONLY! #D_Funda pic.twitter.com/DTFwJOzLAr
All change when the new blood arrives with a clear Stategy and delighted for Cameron Parry who has the expertise in the hottest FINTECH space - the blockchain India has gold and can be used in so many ways We also have the richest gold prospects that'll never be taken away as there under Grandfather Rights and protected Low share count means it'll rise fast
This is where the Working Group, created by the Reserve Bank of India, comes into the picture. Fintech innovation will have an impact on the local economy, assuming the regulatory guidelines allow for it. Since there is no clear framework as to the legality of Fintech and Bitcoin, that situation will come to change shortly. As is the case in every country around the world, Fintech is evolving a lot faster than the legal and regulatory frameworks. Moreover, the majority of rules were created several decades ago and do not transition well into this new era of financial services. Proposing changes to create a viable Fintech ecosystem is the primary objective of this Working Group. In the Fintech world, there are both opportunities and risks around every corner. Digitizing financial services and products will not occur overnight, and the process needs to be as streamlined as possible. The Working Group will assess these implications and challenges. Additionally, they will also conduct thorough studies models of successful regulatory responses to disruption on a global scale. Collaboration will be an essential part of the success of this Working Group. Representatives from any field of expertise can be invited. Especially the payment, telecom, and startup ecosystem may see invitations from the WG in the coming months. Six months after its first meeting, the report will be submitted to the Reserve Bank of India for further analysis.
India is one of the breeding grounds for Fintech innovation. The Reserve Bank of India created a Fintech Working Group to explore the regulatory landscape and propose any changes that need to be made. Digital banking and financial services are a hot trend worldwide, yet innovation is often obstructed by regulatory guidelines. The financial sector as we know it is undergoing some significant changes. Emerging Fintech startups are coming up with new ideas and concepts around the clock. Indian banks want to be part of this revolution and work together with startups and entrepreneurs. As a result of this change, existing regulation will need to undergo some changes.
Seems like that SP is failing towards the 1.1 placing price after all....will have to see what next week trading bring, BUT any further drop will make it very tempting indeed.
Seems a slow mover though given the trades?
Encouraging trades
Their clients include Harry Dobson who owns 7% of Man Utd Also the famous Irish horse owners Dermot Desmond and John Magna
Simply no shares about 106m less 60% on the last count I did during the open offer period It's only going up once CP gets his feet under the table after shareholders approval GOLD BLOCKCHAIN
looks good for mtr., nice profit from the placing. How it manages to spike up on low volume with so many new shares to land is a mystery though.