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In the share it moves on very few trades. I heard a rumour of a possible link with Alibaba.
Unless Calvet are aggressively buying into URU right now... then there is no link to what has occurred here other than Zorbas used to be CEO imo. For the record, I hold both currently.
URU holders have been trying to use that 'link' to ramp URU for months, but there really is no connection.
Zorbas used to be CEO here but he's history now. That's the only link.
Rumors on other boards linking us to uru metals.....
25k buy at full ask
(we hope!)
Buy, hold, get rich.
all quiet for now...but for how long ?
Thanks for that, I was wondering whether they would show up in dealing accounts. Trouble is I don't trust my broker (Equiniti, used to be Selftrade). I guess I'll give them a week or so then phone them up and hope there's someone there who knows what a warrant is!
Yup the Warrants have appeared in my account. Not excersiable yet but showing as having been transferred in, 1 warrant for every 4 shares held.
There's lots of material on the new website, including a presentation and other text - haven't read it all yet myself. Don't know if anything there answers your specific question so it might still be a case of wait and see - especially what happens with the existing investments.
Sorry guys but I am still a bit lost. As previously stated I bought into Mercom a couple of years ago when they were an Oil company. Eventually my holding became worthless so kept the shares where they were. I am now highly delighted that i'm in profit and watching this with interest. I still don't know why Mercom was bought out by these guys though, we had some third world investments in mining and nothing else from what I could see. The latest RNS is showing the investment strategy to be "TMI" so why did they buy Mercom??
Has something shown in your account [and before anyone asks no I don't mean the shares you would get if you exercised the warrants] to indicate that the warrants are now valid and available to be exercised by you?
now received. Exciting times ahead. GLA
I reckon they're going to roll the funding+acquisition into one release. Looking at the presentation it seems pretty clear (heavy hints anyway) they already have a target and it's to do with whatsisname's online/offline social media concept or whatever it was.
Was about to say the same Cam. Bought back in yesterday on the dip. Would imagine the BoD have been busy bees over the last couple of months so further news should be with us very soon. We thinking funding first?
From the 24 January 2017 our Company has been renamed as Monchhichi PLC: "deeply independent, vivacious, quick, entertaining and passionate". http://www.monchhichi.life/
Fantastic that all resolutions passed. Now the news will start to flow :). The website is funky also!
Found this on the website. Looks v interesting - mentions O2O which appears to relate to online/offline :)
Existing legacy investments to be evaluated in the near term
Going to get intetesting again..atb
"The new Board has been able to deal with a considerable number of housekeeping items in a short period of time. Following the passing of today's GM resolutions and the appointment of Panmure Gordon as Nomad and Broker, we can start the process of implementing our bespoke investment plans. We are confident that this will lead to a positive transformation of the Company in the future and we look forward to updating shareholders to that effect in the near term".
On nowt !