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I particularly like the part where the previous names section lists Nu-Oil and Gas up until 21st January, which as you say, suggests that we are good to go!!
Whilst no noise has been made from compant and it is not listed on upcoming issues .....
It looks like they have succeeded in their raise:-
https://find-and-update.company-information.service.gov.uk/company/06370792
The PLC name has changed and this was by resolution and also conditional on listing. This implies everything should still be happening Monday.
Ah ha, well even less exciting then!
Out by an order of magnitude, sadly! 5p would equate to mcap of about 25m, which is a bit optimistic!
5p at 2.5 mcap seems very low. Let’s see.
Fingers and toes crossed this time!!
Taxis been saying 10- 50p a share on relist.. not sure how they know or can predict that.
Only a few days to be told there is another delay anyway, it was supposed to be on or before! Not much time for before so leaving it till the last second again.
Can they do it this time!!
My breakeven at 40:1 will be over 17 so not expecting to see a profit anytime soon. Given it was 10k+ written-off, am pretty happy to see it coming back at all.
Same, 10p at least probably with 40:1.
Be lucky if this comes back at 1p.. who knows with such a big hit to current shares in issue it might be a few pence but seems unlikely.
I need it to come back at around 10p to break even. That's not going to happen, so I am interested to see how the market reacts and see what the forward plan is before deciding what to do next.
I'm tempted just to get out of Dodge and sell up at the first opportunity, but this is a new venture and hopefully a chance to turn over a new leaf and start a fresh.
Let's see what the next few days brings.
Please please correct me if I'm wrong but, surely the opening price if we are lucky will be 1 or 2p. So your 50p estimate is probably 10 years down the track.
Of course I’m interested in the relist price!? How can you not be? And Yeah I’ll be selling. I work offshore and it’ll take some convincing to remain invested.
If it comes back at a decent price and importantly with some forecasts and proper information of where the company is headed, and what it expects to do I’ll remain in.
We will see, all depends on what they say and at what price it comes back. This is a new venture after all.
I am confident as the USA weakons as a world power that piracy will increase globally and especially in certain hotspots. Companies are forced by their insurers to take the necessary precautions and those requirements will increase as the threats mount. Sleepy security guards are one way, other passive and static measures are another. Electronic alarms and bridges and safe rooms another. Its about cost and time and the degree of threat envisaged. This is a field that Guardian seems well placed to plough, and we, as shareholders, can come along for the ride along with our CEO and Main shareholder, GARY STEVENS, and the owners of the device The Stevens family. I am confident of a positive outcome since their shares and their retirement hinges on it.
It certainly was the case about 10 years ago that Somalian pirates ran as collective organisations splitting the spoils (ransoms normally). This is all but eradicated with the general improvement in the security situation in the region.
Some current stats are here. https://iccwbo.org/media-wall/news-speeches/gulf-of-guinea-remains-worlds-piracy-hotspot-in-2021-according-to-imbs-latest-figures/
This doesn't mean it isn't a theeat. It is a very real one. It is just that tje measures which are actively taken are generally fairly effective both in terms of reducing the instance of attenpts and also in terms of improving outcomes in actual attempts.
You selling out Wookiemonster, yu have been very focussed on the open price for some time i note. ?
Cheers YT well I was expecting we might come back at 1p. Starting from 5p certainly much better! Few days to find out now!
Enjoying ribbing Marbur/Franjipan/766/Average Down Mug its a lot of fun there. Of course Murbur/Franjipan is now saying that the shares, even if they open, will be worthless and collapse to nothing as can be expected from an embittered ex investor/contractor who failed to get paid type but it shows you that there is no willinginess to admit he just might have gotten it wrong. Its good in a way as it screams buy! when the the shares open.
A global MARITIME SECURITY company could easily be worth 400 MILL = could be worth a lot more depending on events in the Seas. There is a actually a PIRATE stock exchange in Somalia I heard where people invest in the next escapade. Its not a small cottage industry and there is a lot more equipment, other then barriers, that could be franchised and sold under the Guardian stable. I am guessing that is the plan otherwise an LSE listing would probably not be necessary. I am not saying it will happen next week, but overall I am confidend that that is where we are now headed
Its going to be interesting and a bonus ..as many thought they were dead and buried...some still want that...but lord only knows why
If ot does get to 50p it seems fair to expect rhe warrants will have been exercised and rje Stevens will have got 200m shares in settlement
A total of over 800m.
A market cap of 400m compared to where it is around 1m would be quite the move.
5p will be bargain if it comes back at that. Its likely to be higher in my view still I am not sellling for less then 50p
5p = 25m give or take.
Its coming back in the main market that will help the value so i am told be those that know more than me....5p equals 2.5 m market cap...could happen easily...but we will wait to see...
Just received the following corporate action in my ii account:
Consolidation and Name Change
Ratio: 1-for-40
Ex-entitlement Date: 24th January 2022
Nu-Oil and Gas plc has announced a 1-for-40 Consolidation, whereby holders will be issued with 1 new share in exchange for every 40 existing Nu-Oil and Gas plc shares held.
Please be aware that Nu-Oil and Gas plc will also change its name to Guardian Global Security plc effective on or before 24th January 2022.
New shares will be issued to entitled shareholders upon receipt of the stock from the company.
Personally wookie I would expect it come back broadly in line with what they manage to place at. If it is significantly different then that suggests the placing price was way off (it does happen).
Taxi OTOH expects multiples on the placing price (I think he was hopeful of 5p).