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JohnZ Thought you were in deep debate with the Cray twins! lol
Totally agree with you Aerial, BUT, I think we need the big share holders to stop PUMPING/DUMPING shares to each other. This will allow the SP to rise and new share holders to buy in to a growing company.
My hope is the company has turned the corner and it will continue to improve and grow, as it appears to have Great potential. If it fails, we all lose our money! Life goes on
fleshheart Because it's in their interest to. They are obviously closer to the horses mouth than we are,..and why take a pittance when they can make a fortune if they have been lead to believe Proxama is going in the right direction. We know how fast the sp can fall, equally it rises just as fast with the right news.
even if they miraculously doubled turnover this year they'd still be losing �1.5m a year, they still need to cut costs drastically from here as pretty much every contributor in the past has suggested. They dont need to generate any PI interest for a placing, they only have once in the past with the placing/open offer. You have MMs knowing they need a placing and they will take the share price down before the placing hits anyway just like they have done in the past.
Which begs the question whether back scratching goes on? We all sit back and watch thinking 'surely not. There must be good reason for this' and wait for the crap to hit the fan and be proved right all along... these kinds of deals don't work.. then again, as it is aim listed, I imagine if they wanted to buy the stake, there is nothing stopping them anyway? There is clearly not a prearranged discount as such?
holding ONLY cost the SP to drop by ABOUT 20%???? Is that worth having such big share holders?
I would suggest that in order to generate ANY kind of PI investment for a placing that they would need an interim RNS with an update on trading figures. If we get one, expect a rise in SP and then a placing at a much lower price (they have form) Or if the RNS arrives for the placing first, the SP will nosedive but I imagine a few 'selected' II's will be aware that a positive RNS on the trading update is due. Dependent on what comes first, depends on what I do next. Just my opinion
When have u ever seen an institutional investor that is considerate to PI's and let the sp grow?
Only concern is, with 3.5bn shares in the pot, even at a small percentage, it is worth offloading quickly - that is the traditional tact of institutional investor. As they will be well aware, aim is high risk and things can go tits up v quickly....
Beats my prediction, MattWales - I said Dec / January. :-)
I'm reassured (not that I need it) when I see how much money the bod and institutions have involved, and have to lose. Gives them an added incentive to succeed imo
don't get me wrong they have started to turn round what was and still is a pigs ear from last management its gonna take time.
of �1.14m with �233k due in trade sales �482k due to go out to trade debtors on those accounts = �891k cash losing around �200k a month, placing early may anyone
Yes Ken, and currently holding 3,499,385,837 shares have the potential (over and above the rinse and repeat) to make an absolute fortune!!. imho they are not going to sell them for 0.02
Peel Hunt were the Company's Nominated Adviser and Broker at the time of the 0.03 Placing, but since 5th December 2017 Stockdale Securities Limited have been our Nominated Adviser and Broker. That is assuming that nothing has changed. I'm not sure if Peel Hunt still has any 'official' involvement with Proxama?,......but someone will know!
What's the game? Rinse and repeat?
I have been watching Peel Hunt's transactions for a while now........Do they know something they'd like to share with us? Is this a take over position? I too have increased my holding on the strength of strong buyers...,...Ask yourself......Why buy all these shares? On a whim or is there another reason?
Peel increased their holding to 3,499,385,837 up to 25.46% from 21.56% since previous notification no doubt as a consequence of the Jonathan Hicking reduction to 3%
circa 500 million shares @ 0.02p!
I can't find the link to the figures I posted, but assumed they are fairly recent as I found them with John Kennedy in the list, and also with him removed. My point was that the bodies currently controlling our future here all have much to lose. I'm sure they are very aware that the large amounts they were looking forward to have been decimated. So still have a great deal to play for imo
Shaun Gregory has sold his placing shares if I remember well.
Data from the mid year 2017 placing.- sorry. Did not research further back. WTP
Not sure about the disclosures. KH acquired 66mil @ 0.03p cost �20k. Slade acquired 100mil @ same price - cost �30k and Gregory 167mil - cost �50k. LSE data is flawed. DYOR
Mark Slade's - �2,013,999.98 @ 2.65 current value is �36k Shaun Gregory's - �241,666.67 @ 0.15 currently value is �34k Kelvin Harrison's - �96,666.66 @ 0.15 current value is �14k Makes me feel slightly better knowing that the above have a serious incentive to make this work!