We would love to hear your thoughts about our site and services, please take our survey here.
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.
ws, as he's been as useful as a chocolate fireguard, good riddance.
Presumably DB knows who the distributor is - if so couldn’t this be construed as insider trading ? e.g. if the distributor was Coca Cols (we wish) then once news get out the price would go up ?
Wellexpectingalargelatereportedtrade
Which makes you a gambler, and him an investor.
I would have advised him to buy lotto tickets instead.
Perhaps he’s planning to retire at 75 and is just pepping up his pot
W$
DD77 and BB are spot on , BODs just out for themselves.
I am sure there is a simple reason why Buck didn't buy in the original placing and as he spent 1/3 of his salary on them he must have been keen.
Does he not have options that would have been at a better price?
DP64, No it means the opposite. We (PXS) has the IP so its protected.
Odd one this. Another 50k in the bank ( compared to 1000k ) is neither here nor there, so it's almost as though someone wanted a few million shares but didn't want to pay full price in the open market ?I doubt Buck was the driver for this, but who knows.
BB
Of course not.
What on earth IF is doing here? Why he could not give that 1.6m share to DB in the first place?
Hi gixer,
So does it mean that the Japanese company could produce the fruitflow without paying any money to Provexis? If so that is not a good news then.
What is our good friend IF doing with two fund raise within a very short period of time? What on earth they raise £50k to give some shares to Dawson Buck? Why he could not participate in the first place. Is it a another scr**** up case.
MMs currently rolling dice to decide bid/ask
Think you should check your figures pumpky. They are way out.
You'd hope that would be the case, otherwise it's extremely amateurish getting their calculations wrong. And tbh it's a lot of effort to go to for £50k. Placings and RNS cost the company fees, so you really do question if it was worth it. Clearly not got the company's interests in mind though, just the Directors
Maybe we’ll get a SL holding RNS now
Welldisappointedasbreweryandp*ssupspringstomind
Could be gixer. I remember commenting after the original raise that they didn't tell us who they'd raised the funding with, or who got the discounted shares. I got some stick about it at the time. Of course, if there's more news incoming that we're not aware of yet, that could explain why the chairman would want some more cheap shares.
Only guessing but looks like an investor maybe missed out the last time or didn't get his full allocation for whatever reason and Buck has topped it up to a round number. BWTFDIK :)
That's my initial thought too Alf, but it still begs the question. Why didn't he participate the first time around? It's a lot of faffing about to accommodate him if he was just short of the readies. I don't suppose we'll ever know.
Looks to me like the main purpose was to include the director in the discounted placing. A sort of over subscription of the first placing.
If the funds are allowing a greatly increased production run, we can surely expect to see more market reach for Fruitflow +O3 in the near future. Growth of our highest margin in house range would be rewarding. IMHO
Perhaps the old boy missed out last time? Didn't have his wedge to hand? Him & his pals, say?
It is a strange one, indeed! Market doesn't seem too interested, fortunately.
Raise 1 million in December. For working capital. 2 months later raise 50k for working capital have you heard such rubbish from this professional outfit. Its a laughing stock.
It's a months wages for him;
Come on IF, give us a third. And a nice juicy one. Starting to feel like this is going to be a life changing year. And yes CB I have said that the last three years. Let's all be positive this year. Seems we finally have got a hold on this horrible covid-19. And I have put strong buy
And it was DB not IF. Got to take this as positive but a little strange. Two RNS alerts. Wife was not happy with my phone text alerts lol