Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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David there’s no need for company to state anything further than this. They were allotted to PK and he has sold to investors of the company. Quite simple. I think you’re focused on wrong key point in that investors paid 0.20 to get hold of them. It is actually entirely hard to ever get any decent amounts live quoted here. MM consistency in putting buys via NT is unnecessary but has been this way for months. At the juncture of huge progress for the company there is money to be made here. That elusive 1.00 target we all thought was nailed on is it seems around the corner now as everything begins finally to slot into place. I understand LTH must be pretty frustrated but it looks like SP will come back here soon. I am happy to wait and collect at these ATLs because you will indeed be locked out from buying when news drops soon. 6 weeks timeframe is nearly upon us! IMHO DYOR GLA
‘Pieter Krügel, MED CEO, commented: "We are pleased that the overhaul of the first genset at Pyebridge is progressing well and on schedule. We are looking forward to completing the overhaul work within the expected timeline, and to move forward with the overhaul of the remaining two gensets. In the meantime, Pyebridge is operational and generating income.
"Concurrently we are actively progressing discussions with various interested funders regarding the capex funding of MED's construction-ready sites, in order to get each project into production and revenue generation as quickly as possible.
"We are looking forward to updating the market with further progress across the board in due course."’
He has done the same thing to KIBO and every stock he has ever IPO I have given him every chance to prove the Market wrong, but he has prove time and time again that he cannot be trusted with his time line on any deal apart from CLN, so i wouldn't say this price has settled yet'' one can only see it joining KIBO SP or close when it stops with more conversion to come and holding in CO selling big lumps getting what they can at our expense while us dogs wait to see a recovery at some point... bottom feeding that comes with a high level of risk DYOR where one could be left holding the baby..
From the RNS of May 23rd:
"Mast Energy Developments PLC, the UK-based multi-asset owner, developer and operator in the rapidly growing flexible power market, is pleased to announce that further to its RNS announcement of 7 May 2024, the 162,500,000 new MED ordinary shares of 0.1p (the "Subscription Shares") at a conversion price of 0.20p per share will be allotted to Mr. Pieter Krügel, a director of the Company (the "Conversion") tomorrow, 24 May 2024 and admitted to listing on the London Stock Exchange for which approval has been granted (the "Admission")."
It was intended that these shares would then be placed with investors via Novum Securities Limited at the 0.20p price. Given that the price was falling there can't have been too many enthusiastic investors. I haven't seen anything to state specifically that this has actually happened. If it hasn't I wonder where this leaves Peter Kruigel. If it has then we have even more unhappy investors with the price now well below the assumed placing price.
This is getting plain ridiculous now. Half the time you can’t buy any then buys going through as sells. Placing was done at 0.20 (forward sold into last rise where we reached 70-80 region and all gone) and Kibo not allowed to sell any for 3 months. I would say we have met the bottom now. One hint of an update which is due very soon and these prices will be history! Anyone would think we are not actually on track to get back up and running and we are! I expect as this is week 6 we will get updates on Pyebridge next few days that should push this back into minimum 50/60 region once again at least! IMHO DYOR GLA
SOG- can dish it out but can't take it. Typical of self-centered posters.
I would guess that the directors are hoping that nobody will turn up today, thus saving themselves a load of awkward questions. It will be interesting to see if we actually get a statement other than the basic "all resolution have passed".
Sog I wouldn't bother trying to help people from losing money ...just let them carry on ...no better way than learning is losing money...unless you are an addict...776k at 0.19 per share ...a few months back 776k was 0.25 that's a 25% drop ..
Oh dear SL100, has the penny just dropped that you have been turned over by ole Goatzee.
Should we believe every sentiment you express in your posts? It’s all a matter of opinion- you have an opinion that doesn’t matter any more than others on this BB.
Got it!!!
It makes me laugh when the rose tinted rampers believe everything that come out of Goatzee's and co's mouths in the form of a RNS.
Is any one there, or are you visiting spec savers for a new prescription for the rose tinted glasses.
Pls post some totally unrealistic tripe for me to read, I need a laugh.
Look at Sareum nearly killed the company off only the intervention of a raise by shareholders stopped this from happening if RF are involved you probably will have something good which they will want cheaply hence the continuous drop in sp
Good luck to those invested
20th May 26 million shares traded at the bell
23rd May 22.5 million shares.
That’s nearly 20% of the shares in issue. Yet no s.p action and know TR-1. Can anyone explain.
We know KIBO aren’t selling for 3 months.
With the remaining outstanding balance due under the Reprofiling Agreement will be £477,005 That must work out that another 500,000,000 shares or so must be issued? The companies like Global and Riverfort behind companies like this it is not surprising why we see a continuation of a death spiral. This will not be the end of share issues either. AVOID
Doesnt change the statement.. its a coin flip.. btw I am a holder .. so I hope it recovers..
Already sold fella.
Now just waiting on PI sellers on up's.
Excellent news last few months, the best the company has been able to provide for last 2-3 years.
Total shares in issue will be 426,354,067 so market cap is £874,000.
MCAP of 600K now .. its either going bust or its cheap as chips.. still Binary here
Hasn't he agreed to sell them though ? From RNS 7/5/24;
'Following admission of the Subscription Shares, Mr. Krügel has agreed to sell the Subscription Shares to new investors arranged by the Company's broker, Novum Securities Limited ("Novum") at the same price per share as the Conversion, being 0.20p (the "Placing"), for a gross consideration of £325,000.'
I like this RNS always reassuring when a Director has some skin in the game. Krugel must be in for the long haul, it shows it is not a Directors lifestyle company. We are at a very low market capacity, this company could easily rise 200 to 300% same day with the right news.
Investors can gain confidence from today’s RNS knowing that Mr. Pieter Krügel who is a director of the Company wants to hold on to those shares for a good reason!
Some mega news must be around the corner to be released very soon…
Need to hit the buy button first thing tomorrow morning :-))
He won't be selling any time soon, you bet you last £ on that, he knows the recent developments better that anyone, and pushing towards higher revs and profit. onwards and upwards.
A very late interesting RNS released
Mast Energy Developments PLC, the UK-based multi-asset owner, developer and operator in the rapidly growing flexible power market, is pleased to announce that further to its RNS announcement of 7 May 2024, the 162,500,000 new MED ordinary shares of 0.1p (the "Subscription Shares") at a conversion price of 0.20p per share will be allotted to Mr. Pieter Krügel, a director of the Company (the "Conversion") tomorrow, 24 May 2024 and admitted to listing on the London Stock Exchange for which approval has been granted (the "Admission").
Mast has a total share register of 426,354,067 ….. it would seem Mr Kruger holds a whopping % as these new shares are on top of his already hefty holding
Better to have the option than not. don't you think?
anyway MAST does not need that money is already grossly undervalued, in good way.