Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Spending £45,000 10,000,000 shares I doubt there's that many about , better to buy at .0045p than the 20p I splashed out , and John and Del could top that , unfortunately I'm sure they'd both say ! I'm sure if it's get FDA approval there's a good chance of making money , otherwise it window dressing -----curtains
I will probably buy some 10m or so shares when should it fall below 0.45p and then see what if anything they may be worth in 3-4 years.
mm's don't take orphans for nothing, either on behalf of some wood or they afford to hold for next move...
Agreed Del it's all very hush hush from now on in to last dealings...not at all how it's supposed to be, but heh ho keep the huggers in the dark. No poxy forms but HL did it for me over the phone. A YES from me.
No....nothing at all rugs....... Regarding the sp.....the majority of the share blocks bought at around 1p, have gone somewhere...Not sure if Woodford would be taking them all...so it will all be anonymous shortly. Only Octopus investment announced their reduction.. At least they did that much. Nothing from anybody else...Like wise, if anybody is gathering up stock @ 1p...they are most likely not in the frame of mind of feeling they have to say...just before delisting....
Sphere don't do dead cat bounces or any other variety in my experience. The current sp means zilch imo and is just a vehicle to trade your way in or out. As to representing any value left in Sphere? No. Noone knows how to assess that and pointless trying. Suspension was mooted but with the iis desperate to exit that was never going to happen. I tend to agree with a-2-b this will drift to next to nothing by last dealings. Anyone buying now or lower is highly unlikely to pay 2.822 methinks!
Sorry. Nothing else starting with H ??
Will probs dwindle to pretty much nothing by the time it's desisted might grab a few more then. But 1.1 was crazy low in my eyes especially if it sorts itself out.
Probably from those who bought after the last rns was released...expecting some kind of bounce..... Not a dead cat in sight!!!
I'm beginning to wonder where the shares are coming from.
Never was rugs...... Mixing me up with someone else....perhaps...
JL...The ADVFN board will stay open and you can post over there if you like. Here they will close it within a few days of delisting.. The other board allows for private messaging........if you are interested that is...
You still in Hansteen ?
As if you don't have enuff on your hands!!! As to further invsting that's me lot. I'm out my other two (1up/1down) to buy in here avc 10. I'd have liked my avc to be 5 or better but ....no cash. I think we'll be pulling up stumps on this BB following last dealings. I have not heard from lse regarding my proposal to keep the BB open so you never know we could still communicate on Sphere and other matters....
Yeah!! Before the collapse and wipe out I was down a lot since the BREXIT vote last year when the £ fell over 20%. It (£) has resumed its downward trend.....OK for present as the Euro has improved...but just another thing for me to consider...when looking to invest in UK..... Always some thing...I'll be doing a lot less investing after this episode...for sure...
Morning Del...I take it you mean the £€ exch rate as you have voted YES? I don't follow the € so I take it your getting less pounds?
About 25% unlisted , you can get a full list companies WPCT holdings
That is it in a nutshell JL. The € is strong at the moment but all things considered....it is not overly tempting still.
I guess invstrs who stay and have bght in the market pre CPS offer must consider this. Just as an example a holder with 200k at avc of say 15p= total £30.O00.00. He buys in the market 200k @ 1 so his total outlay would be £32.000.00 on 400k shares an avc of 8.00p. Still a big up from current and the 2.822 . The question then is do you think your shares will be worth more than 8 (given dilution) if Sphere ever returned to the mrkts? That's difficult to answer given what we presently know but essentially we are being asked this very question. My gut feeling is yes as long as the equity base is not in the order of a billion shares outstanding.
Morning JL. It is quite possible Woodford did get pyssed off with the boars and it's direction. He has had a few duds in his fund to date. So offering this kind of get out is a real slap down to the present board. I am hoping so anyway.
I'm not sure what difference it makes being part of WPCT. I'd have thought W would want to re-list Sphere as soon as practically possible so as to recoup his investment and with a profit. That is not a given. Three to five years from now Sphere could be an entirely different animal as rev alluded to a few posts ago! That's the risk we take. Given my hamstrung position I'm prepared to do so for surely we are better off pre the IPO in that we are at least selling a viable device which back in the day was only a vision with little to reccommend it given the regulatory hurdles to overcome. I'm still very very surprised that W & SVB could not attract any new investors particularly from the US as that's where he sees our salvation and who knows a listing on the OTC or NASDQ exchanges in 5 years. That was a big shock for me. There could be reasons for that which we are unaware of. Whatever, concerns for lth is the 'vote', deciding whether to stay and whether to pay up £5000 for the 8% PCS/ Warrants (the second whitewash) to raise £3m. That is beyond my means. Assuming the 'second whitewash' is a bust we could stagger on for 12-16 months on a slimmed down Sphere, much will depend on how soon P5 can get US approvals. It certainly looks like another raise in 2019 if £3m is not raised via the '2 whitewash' and Proxima is not selling as hoped for in Europe. We cannot sell into the US atm, so W must get sales going here to at least cover operational costs while lactate and P5 are progressing. I fully expect there to be board changes tba at the EGM that's the least I expect given Rencken has taken us to the brink of disaster.
From WPCT......... *****The Company's investment objective is to achieve long-term capital growth through investing in a portfolio consisting predominantly of UK Companies, both quoted and unquoted.******** I think he has quite a few unquoted companies in his portfolio...of which SPHR will become another one..... I'll cntinue to think about this for a while.....
Has purchased any of these shares , not that I think they'll be anything but a yes vote , held by a broker to vote yes before being moved into the Wood , i can't see the wood for the trees , or is that tears !
All these share I believe are part of the one fund WPCT , that where I heard about Sphere .
Ok..no poxy form as yet.