London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Consolidated shares in today .
Bought this 6/6/2018
Another AIM loser .
20th Dec 2023 Alliance News
Microsaic signs exclusivity agreement for DeepVerge assetsWed,
Microsaic Systems PLC - Surrey-based developer of real-time mass spectrometers - Says it has entered an exclusivity agreement with DeepVerge PLC, a Dublin-based environmental and life sciences firm. The agreement will grant Microsaic a period of exclusivity to purchase certain assets from DeepVerge's Modern Water business. The assets mostly comprise equipment for the lab-based manufacturing of bio-reagents used in related water testing equipment. These included all IP and rights related to the testing equipment including LX, FX and continuous-toxic-measuring machines, and water membrane technology. This exclusivity agreement follows Microsaic's offer to purchase the assets and their rights for a payment of GBP100,00 in cash, payable to DeepVerge upon completion. The exclusivity period runs until January 16, 2024, the signature of a legally binding sale of the assets, or the cancellation of the proposal by Microsaic.
Microsaic current stock price: Trading suspended since July 3. Last quoted at 0.01 pence per share.
12-month change: down 99%
I noticed they were consolidated down last night. Still no idea what the opening price will be. Though I can't imagine it will be too low with around 10mil shares in issue now. 6.36bil/625 consolidated
Sol,
10 mln shares PRE-Placing; Mkt cap before suspension was less than 500k;
new guy/s will throw 1 mln in, implying a POST-placing Mkt cap of 1.5-2mln (at mkt open), depending on the market's reaction; Co assets will then be 1mln cash + 1mln Book Value for MW; so the Market may decide that the new MSYS should be worth eg 1.5mln, 2 mln, or more (depending on what value, if any, they ascribe to the new enlarged business;
So, the POST-placing Share Price will depend on the Mkt cap (unknown, as above) and the new total shares' number (the dilution factor); if, for example, the new guys get 90mln shares (i.e. a dilution of 90% for us), and the new mkt cap is 2mln (optimistic assumption), then the new SP will be 2mln/100mln i.e. 2p.
Sol,
Just for a laugh, if the new guys get 10mln shares, so they have 50% of the new MSYS (and 20 mln total shares), then at 2mln MKT cap the new SP would be 2mln/20mln i.e. 10p;
If, for more laughs, the new MSYS is worth 4mln on Day 1 (because of fantastic spin by TPope, new Management etc), then you are laughing all the way to the bank, because the new SP would be 20p.
So you see, the SP on Day 1 can range from 2p to 20p; hence, we need to know the dilution factor first, before making more reasonable guesses.
I could do with a laugh this year LT ;-) Nice workings out by the way
I will give the bear case, since all is forgotten and we are in a mood for a laugh. How about this. Turner Pope come out with their newsletters once again on foot of the new deal and lie to their investors once again knowing that MW is just a few shipping containers in Glanaco yard in Cork Ireland with no staff and serious financial fraud as per the "incorrect" accounts in 2022 that were designed to pump the share price, and they get investigated and shut down. Then the "new" (that's the big giggle) management of Microsaic pump out their fraudulent RNS's (something you refer to as "spin" but its really "fraud" when you are deceiving public shareholders but that is semantics and lets not get into semantics) and ex employees just say enough is enough and send them to jail by whistle-blowing.
Just having a laugh here, as you rightly say, anything is still possible , new year new beginnings. But what is not new is when you add a company worth nothing with no value, product or talent to shipping containers the answer is zero. You gave the bull case so just giving the bear case, for a laugh that is. Let's see which way it will go when the dice is rolled. The Irish luck might be in for 2024!
Do not be fooled again read: "https://uk.advfn.com/stock-market/london/microsaic-systems-MSYS/share-chat"
That's also possible, maybe the new investors will get the jitters. If they invest 1mln, I guess they will be aware of the risks and will compensate by diluting us, existing holders, to the maximum.
Non of these are shareholders LT. New shareholders must make up their own mind and own research and not take advice from non financial advisors. We can't advise people what to do and all in our own opinions
@melanocytes well said indeed.
I see fraud used alot here. If this was the case 1. Bank accounts would be frozen 2. Official press releases would be available to view 3. No way they could rejoin Aim and 4. Why hasn't action fraud been let know. There seems alot of chat here and inside details. You can pass this to Action fraud. I'm not way sticking up for them, but rather than post here, pass all the knowledge onto the press and police. Fraud is a crime and not civil
Looks like my shares got consolidated already?
Got 1 share for every 625 I hold.
Anyone else had the same ?