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Interesting!! 0.47 sees be in a moderate profit! I got in at 0.3! Here's hoping for a quick resolution
The quote is the top paragraph only, i forgot the speech marks!
RNS of 2nd August 2021:
Consideration of £45.2 million to be fully satisfied by way of the issue of an expected maximum of 9,578,937,499 new ordinary shares in the Company ("Consideration Shares") at an expected minimum of 0.472 pence per ordinary share ("Issue Price")
So, at least 0.472p per share. So roughly half of the 1p you are hoping for. I can't see it being worth too much more than the mimimum, personally. If i can get my money back, perhaps with a small profit, then i will be happy.
I bought in following CF's raglan capital investment. A punt by all means, but i felt that mountfield (as it was at the time) would become one of the ORPH spin offs, as did a fair few others.
Sounds like we are nearly there!!!! ????
Opening guesses? Im hoping for anything above 1p, it's been such a long process
I thought the long stop date was the 27th of May according yo the letter to shareholders dated 20th of April yet we have not heard anything regarding this anyone heard anything ??
It's Alive !!!!
19 days until 31 May.
News could drop anytime.... or it could be pushed back again!
At least the price was more or less secured prior to the Russia/Ukraine crisis and so this investment should hold up quite well vs others in my portfolio that have taken a hammering!
The process is ongoing and is a slow slog (and not because there are any particular problems) but we are moving forward. As soon as we reach the next milestone I will arrange for the shareholders to be informed.
Kind regards,
Peter
Long stop date end of May.
Still waiting for the RTO to come through.
Not sure they have received any further update from FCA / other agencies.
Has anyone received further update?
Message I posted on the 28th March
'am pleased to say that we are making good progress but we will not be able to complete before 31 March and we will then have to extend the long stop date, one more time and both parties are happy to do that'
Am I clutching at straws when I read 'one more time' and not again, does this mean that this will be the final long stop with the emphasis on 'one more' - and the deal should be done and the FCA pull their finger out and approve this ?
I believe this will be the last long stop date change and we will have our shares before the end of May - Glass 1/2 Full !
Yep , its a waiting game. atb
I’m more than happy with the RNS….. it’s just a matter of patience :)
Cheers.
Please can you post a link to the RNS ?
Looks like action is happening !
Thanks for the updates and great to see the tweet too. Hopefully all working out after all.
First Tweet since Jan https://twitter.com/HellenicDynami1/status/1509812278367076352?s=20&t=8sltLrL8azLXHlbG24zpig
Read it from the bottom up !
Hi Allan
I am just starting for the day!
I take your point on the RNS and will look into it.
Kind regards
Peter
Hi Peter
I see you work late like me – will it be an RNS (can we still have them not being listed)
Thanks
Allan
Hi Allan
We are moving well albeit slower that we would have liked. I will put up an update for shareholders within the next couple of weeks.
Kind regards
Peter
Hi Peter
Hope you are busy – as are the FCA, I expect the long stop date has changed, are we likely to hear anything soon, they has been nothing on social media from Hellenic Dynamics on social media – is this on the request of the FCA ?
Only one email a month hope this is the last one ??
Thank you
Allan
Well he seems confident according to his email just a matter of time I hope
Got reply from Peter jay things he said moving along nicely with the transaction just waiting on FCA will update soonest he said
Fingers crossed Billyboy!!
I have sent them an email yet no reply just yet here's hoping
Let's hope they pull this off on a longer stop date.
I'm a bit over AIM these days.