Beeks Fin.cloud Share Price (BKS)

Lots of trades from 15.56 too, may be a leaky ship? We'll see in the morning.

here in the last half hour, may be nothing but worth keeping an eye out for any news first thing in the morning.

I've just read the Alliance News report, annoyed with the wording of it. The report makes it look as if the company is desperate for money, as the CEO bails out. Not a good look to PIs. For me the mm decided from opening that the price would be falling today. As an intended long term holder, downward movements over a few days don't bother me.

Will be interested though, to discover if the placing went to one party. In which case we will be getting an rns. Does the mm have a large order for more shares and needs to shake out smaller holders? If so, perhaps the CEO is aware of their interest. Their possible involvement in Beeks requiring the CEO to reduce holding below 50%. Was noteworthy how the new shares to be issued plus the shares sold by Gordon McArthur managed to push his holding below this mark. This is not a conspiracy, the company is on the up, analysts will have taken notice and made their predictions, time to become a major shareholder. Just a thought, doesn't make it true. If you have a different idea of what's going on let us know.

Regarding the dividend, it was offered last year, take it away now and it looks bad. As suggested the CEO is probably happy to get his slice of the pie, he has actually earned it.

to be honest men I think that was just do get Mr McArthur a few quid.
He owns half the company.. that small dividend payout would have netted him ballpark £50k
No harm in that, makes sense.
All systems go..!

Krusty, I agree about the divi's . I dipped out for a few weeks as was not keen on them funding the divi's from debt. In some ways the argument is the same with the burden now being shifted to the fundraise.
It is the downside of investing in companies whose CEO's are major share holders and have a vested interest in paying a divi. However, there are also lots of advantages in these companies so on balance I generally view it as a positive when buying in to a company.
I have come back into Bks now. With no debt, some money for their product launch and for further acquisitions it looks a good bet for the next year.