focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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.
Is someone at the GM today? Looking for updates regarding the placement. 20.5K customers being added for 11 Million is good value in my book, especially with the organic grown potential for the two new companies. My real question is how the market is going to react being diluted after being. I have the hunch that they arnt going to mind otherwise we would have seen some more reaction following the announcement. Opinions?
Strange run indeed. I just bought 5k worth at 8.79p which is coming up as a sell. Presumably all the other sell trades are actually buys
Might be better off when shares consolidate as the spread usually isn't so wide
I think someones algorithm has got stuck.
jsmith...lol
The recent trades @8.92 are these buys or sells? HL shows recent sells @ 8.82 & 8.86
We are on the verge of wider recognition, its going to be an interesting 12 months.
9.17 paid, sense something happening .
Dan, Jsmith only had a 100 quid
Lol K'sss
Are you pointing out there poor maths? Or do you think your £200 won’t be worth £200 anymore?
The amount quoted was incorrect, take mid price and multiply 15 it will be greater than 120p
I can't believe jsmith found something in a positive write up to wet his panties about.
Stop fretting jsmith, if you own £200 worth now, you will still own £200 worth after the consolidation....it’s pretty irrelevant what the price is on consolidation day, the same cannot be said for what the price is days, weeks and months after ;)
*cant be correct
Just had a look Following the share placing, SSW intends to change its name to Bigblu Broadband and there will be a 15-for-one share consolidation so investors will receive one new share for every 15 held. This has no financial impact – it simply reduces the number of shares in issue and will make each share worth about 120p. It mentions each new share after consolidation should be worth about 120p. This can be correct based on 8.5p it would be equal to 127.5p Anyone?
Thanks for the share Beeb.
Investors are beaming as satellite broadband tip doubles https://dailym.ai/2G9Gl9P via http://dailym.ai/android
I obviously meant acquisitions ;)
Full details are here - http://www.lse.co.uk/regulatory-news-article.asp?ArticleCode=wlj8h2h4&ArticleHeadline=Earnings_Enhancing_Acquisitions_and_Placing
Jsmith the accusations announced last month are being funded through the issue of new shares, these will be in place on Tuesday - The Company proposes to raise gross proceeds of ?12 million through the issue of 141,400,004 Placing Shares at the Placing Price by way of a placing to certain institutions.? The Placing Shares will represent approximately 16.7% of the Company's Enlarged Share Capital immediately following Admission. Following completion of the Placing and Acquisitions, the Company's Enlarged Share Capital will be 844,650,090. ? The Board believes that raising equity finance using the flexibility provided by a non-pre-emptive placing is the most appropriate and optimal structure for the Company at this time. This allows certain institutional investors the opportunity to participate in the Placing and avoids the requirement for a prospectus, which is a costly and time consuming process. It also facilitates the timely completion of the Acquisitions. ? The Placing Shares when issued will rank pari passu with the Ordinary Shares and will rank in full for any dividends and distributions paid or made in respect of the Ordinary Shares following Admission. Application will be made for the Placing Shares and the Consideration Shares to be admitted to trading on AIM. It is expected that dealings in the Placing Shares and the Consideration Shares will commence on AIM on 15 May 2018.
Dan1nat1 newly placed shares from Tuesday, what does this mean? Thanks
And hopefully, big steps in the SP dan1nat1.... :) one eye on a T/O bid also, although hope it's a while off yet, All the best.
So the newly placed shares will be in play from Tuesday, and the week after it’s the AGM so shortly after we should have the name change and consolidation. Big steps forward in the next few weeks for SAT, with even bigger steps to come in the next 12 months!
Sure, but these large mid delayed's......... I mean, come on, open up peeps, no idea which way they're going, All the best (have a good weekend)