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Total nonsense you clown
Ready the RNS ffs
You're like an ambulance chaser
Stayaway from this stock.delisting news next.
Oh dear Laura2022 and Ria20, how many stocks you P&D and the newbies left holding the baby?
Beware of people who give you stock tips with random price targets. They are likely pump-and-dumpers who are trying to offload their shares at a higher price. Newbies often fall for this scam and end up losing money.
Can sell 300k+ at 3.7p
Cap xx
will fly when out of suspension looks of things to as this will
Thanks for that scorcer
So essentially we should get 10p minimum however it plays out?
As of Thursday, there are now two ways that ROX can make some serious money out of this:
1. Proceed with the planed investment and delisting
2. Takeover offer from another party at a significant premium to what they have paid / are paying (10p per share).
I don’t think they would care one jot how they made the money, as long as they see a strong return on what they have invested. Hence the reason I think that this was a defensive play to make sure they win either way.
:SND), a leading provider of ultra-complex chips for leading global technology brands, notes the movement in its share price and recent press speculation.
Sondrel remains one of only a few companies capable of designing and supplying higher-spec, complex chips built on the most advanced semiconductor technologies, and the Group's customer base continues to include leading global technology brands.
Not much..as looks like only the BOD member with 44% wants it
Also the GM doesn't occur for 6 months !! Alot can happen in that time
Also this was in response to the Sky news story on Elon Musk using SND back in Feb
What’s the market going to make of the next contract win when that gets announced? We already know from recent RNS updates that their US pipeline is getting stronger all the time and that there is at least one more material contract being finalised, which will likely be worth $10’s of millions (potentially up to $100m) on top of the c.$200m they have already secured as future revenues. How on Earth would the market react to that kind of news?
Laura, what do you reckon are the chances of them getting the 75% to vote in favour of the private equity funding?
H
Interstingly there are Tesla/musk links SND and CPX
This was 12p last Thursday, this could really move big
The Company has been notified of the following interests in 3% or more of the issued ordinary share capital of the Company:
Name of ShareholderShares
Lansdowne Partners International Limited7,042,000 8.05%
Otus Capital Management6,363,000 7.28%
Joh. Berenberg, Gossier & Co.4,076,523 4.66%
Herald Investment Management3,636,000 4.16
Yes, but if the price is higher and high enough directors are duty bound to act in the best interests of shareholders and recommend a bid especially if the alternative is just another fundraising round??
Out of the 82mln shares, the CLN guy owns 40%+
Today, 13mln ( 15% of SND has been traded)
And I can't imagine it is going down well with customers who must be finding this unsettling and with employees who are also shareholders ( as the company extolled the virtues of its employees perks in terms of shares ownership and reward) I wonder how they are feeling having had the rug pulled both in terms of their wages over the past 3 months and now with the collapse of the share price?
I think it may be possible that many are looking around and wondering whether they would be better of elsewhere especially when you see the calibre of both business practices and tactics used here in recent days and weeks. A counter bid here may shake things up nicely.
You guys should all tweet musk - he's the kind of guy who might on a whim respond to such things *shrug"
Breathtaking poor governance during this fundraise is matched in magnitude only by sondrels woeful management of finances.
By leading us down the garden path before pulling the rug last minute on shareholders by delisting, means this price reaction was inevitable.
This is a total masterclass from ROX on how to take a company private on the cheap by wiping out existing hareholders. If it didn't lose me a lot of money I'd almost admire it.
Thankyou
So he could make bid
Sondrel solved some of Neuralink problems with their recent human brain implant which other chip suppliers could not solve.
Elon musk ?
How is he connected please?
I can sell my 325, 435 shares at 3.25p
Any bid for the company would have to be hostile now as the company is planning to go ahead with the fundraising at 10p.
But up until the fundraising is completed there are still only 89m shares in issue plus the 2 monthly payroll loans which may convert into shares at 10p. A potential bid at say 13p would be a very interesting development and put the cat among the pigeons. Agreed, all this would be peanuts for Elon.
Peanuts for Musk. He could be the saving grace for the Company. Have had a small punt at this price. Will either lose all or double punt. Sickening to see what has happened here to a Company that could have been massive.
Large sell cleared (presumably part of the TR1 today)
I think this could motor now