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WHI are a sh.t show and have been the NOMAD for a huge number of AIM's worst companies. They themselves are hardly trustworthy so what/how would one expect them to advise VDTK's bunch of clowns?
The surprising thing here is that Peel Hunt are involved. They must be kicking themselves to have been landed with such a huge number of shares that they will most likely not be able to shift.
Wound up in February me thinks.
Just for balance. I do not know how much the board are being advised by WH Ireland who are the NOMAD for the company. They nearly went bust in July and had a placing at a huge discount ( over 80% ). Board resignations followed, so a new set of top people are now in place.
This yo yoing with the TR1s is strange. It shows there is no panic selling and no pump and dump. The reasons are a mystery to me. The company continues with the "no comment" stance so that shareholders like the police see such a stance as dodgy and an admission of guilt. At the moment shareholders see no news as bad news and the company is determined to keep people in the dark.
Erm…haven’t they just reduced their holding??
Pretty clear vdtk is going down very soon
Clear now....Peel Hunt buying in. This is obviously good news at this juncture, with so much uncertainty arouñd the company. Confidence building??
Wtf are they up to?!
The shambles is spreading…
Twink 'I would imagine that there is loads going on behind the scenes'
Too right. I bet things have been utterly frantic these last few weeks. If VDTK is given a last minute lifeline we can only sit back in amazement and thank our lucky stars. Would that it were so.
I would have thought that any increase in holding would be good news. There has to be an RNS from the company soon.
What's that all about then? Another Tr-1 this time with Peel increasing the holding they are managing on behalf of the recent funder.
Such a car crash and so obviously shady you just couldn't make it up.
Well 3 months have passed so it is reasonable to assume that the 3rd quarter VAT refund has been paid by now. The financial statement did state that when payment was received the amount would be enough to last at least 8 weeks. I would imagine that there is loads going on behind the scenes and any RNS from the information shy BOD would be very welcome.
Don't think anything should be assumed/presumed with this management.
Highly likely for an RNS to land simply saying it's administration. They couldn't organise a p.ss up in a brewery.
Can we presume that the VAT refund has been payed which means the company is OK until at least March? I would still like to know the amount though, why keep it a secret?
I agree. Would prefer RR to move on though than the Chairman. Neither have done any good this far though and RR cannot possibly justify his expenses coming to and from Thailand when on the business front clearly nothing is happening there. Get rid of this CEO and Willetts and other Directors should get someone new. At least Gavin Mayhew was invested in vDTK
If he does move there will be no great loss. A win win for Verditek.
IF iF he does get the job, you could be right.
Although at Verd he isn't involved with the day to day running.
If true it will do Verditek no harm to have such a high value contact. Maybe this is the reason for the rally on Thursday?
And…? He can hardly take a role like that on then line up some fat contracts for his own company.
More likely, if true, he’ll use it as an excuse to step away from vdtk and resign as well.
That Lord Willets is in line for the top job on the Governments Climate Change Committee.
Even the person/ii who gave VDTK £500k recently and had Peel Hunt hold the shares is now jumping ship. Time to get in the water and salvage something. Totally corrupt that mms walked the price up so they cd have a slightly better price, albeit still on the floor and worth almost nothing. I’veno sympathy with who ever gave that funding though and is now losing money hand over fist. The discount they were given drove a stake through the heart of vdtk and killed it dead. They deserve to lose out big time.
Well it was their decision to make. One thing I do know is that if the sell off between 9 and 10am today was an attempt to drop the share price it did not work. Still time left today though. I have a feeling there will be another such try on Monday. If the price holds after that the share price will be on more firmer ground.
At a guess twink, someone who sees absolutely no future for this company and would rather take away £4k than nothing at all.
Maybe Gavin Mayhew top slicing :-)
Who dumps 2.7M shares at .15p? You can not describe this share as boring. Frustrating or enigmatic yes, but not boring.
18m shares bought on no news does not happen by chance. I am of the opinion that someone is building a stake or larger stake here. If there is to be a power struggle, every share will count. If not, then today has shown that there is a huge appetite for this company's shares if some good news is announced. Lets see where we are at the end of trade tomorrow, holding above .2 will make next week very interesting. .25 and we could be on for a decent rally. Some positive announcement tomorrow and .4 would definitely be within reach.
There's a crazy number of bot trades. Several going thorough at identical times so this is being manipulated 100% so that someone can get out at a higher price imho. If there was anything to this then we would have had an RNS by now. I'm afraid I take the rather gloomy view that it's mms doing someone a favour.
Hope I'm wrong and an offer is about to be made for VDTK in the region of £5m. Yeah, I know, I'll go give my head a wobble.