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Great news today..............Humour me guys, but I have a vision from the Wizard of OZ of all the honest, hard working private shareholders dancing around and singing, " Hey-ho the witch is dead, she lost her head, Hey-ho the wicked witch is dead"
.....,may still need the magic slippers however to get the SP to the levels we all desire !
Peel*unt are the absolute worst.
''We will be finding out who recommended them, even if it means waiting to the AGM''.
I think we can probably already guess (and the sooner Peel Hunt are gone too the better!!)
Now the wait (hopefully not too long now) for the P1a results and that much deserved re-rate to £1 or more?
Fingers crossed and GLA
Given they appear to have got them all at 10p, they’d be better off holding for a while.
(We owed ‘circa £220k’ and they’ve been issued 2.28m ish shares - so 10p by my maths).
Thanks BB
Great hurdle has been cleared now. As someone said, the SP should not have been beaten to the lows we saw but it is all history now. Upwards now.
It has been painful for LTHs but adversity brings opportunity. Nice price to get in still and average down.
All the best. This could be the year for SAR.
Profit takers which is the norm, will soon clear imo
They forward sell them
If they've already sold them then they've done well, given the shares were only created at 08:00 today.
Sf13 - it means they have been issued with the last shares they need to sell (which may have already happpened) and then the debt is fully cleared.
This is what the RNS said today.......
"The issuance of the Riverfort Shares will settle the full outstanding balance on the Riverfort Facility. As noted in Sareum's announcement of 28 March 2024, the Company does not intend to make any further withdrawals pursuant to the Riverfort Facility and accordingly the Company will not be issuing any further Subscription Shares pursuant to the Riverfort Facility."
Yes it does - all that is left are their warrants.
B.
Does this mean the RF debt is completely cleared now .. sorry if stupid question 😵💫
It’s going to go on a run now daily
GLALTH taken a longtime
Correct, you need to buy in small denominations
That was quicky out dated
Now up 10.75%
Good luck with buying it’s going to NT for most amounts
Yes, quelle surprise a positive update will probably be just around the corner now from SAR HQ. e.g. HNWI's investing further, patent news, SRA737 licencing and SDC1801 data from Oz. It's time for Stephen Parker and Tim Mitchell to get that RNS machine firing on all cylinders again and take our share price back to where it was in 2021 and pre RF. A reminder that we were at 450p back then.
Some of the early morning orders on L2 are looking good too
Finally. Yes 60-75 p should be the base price without any news. All the best.
Wonderful news this morning. I'm hoping we've bottomed out now and will see a climb in SP.
Nice RNS and now paves a clear path for us to return to price levels before this all started. Really good news in the pipeline too
GLA holders!
Oh and the scum have 1.106m warrants to cash in any time before August 2027, should they wish to do so.
Yes RGO (RF) really are gone. No more companies will ever be subject to their predative finance, since they are being wound up by the new owner.
But the sad fact of AIM is that some new finance company is bound to spring up with similar schemes?
Looks like my calculations were slightly out, but it was and is always impossible to know exactly how many RF had sold. The remainder can be sold for any profit they can get over the 10p placing price that now kicks into the selling agreement from the August RNS. (Unless SP drops again below 11p - perish the thought!!)