Atlantic coal then renamed carbon is the classic case. Delisted then had three offers rejected. Then put into administration. Shareholders got nothing. Directors increased their remuneration. Easy done. So you might get something back but you also might never hear about the company again
All true Dan yet the price keeps falling. Partly because so many small cap stocks keep delisting. Punters are fed up with being wiped up. There is no chance of this moving much higher at this time. It is very risky and has disappointing news to say the least. Those who piled in all the way down are losing fortunes. Yes the directors have bought more but that might be desperate. Show me the lows and I will take a punt. I don’t think we are there yet
Not seen web at this type of low. So many stocks like this. Trouble is so many delist. Don’t think web will do that but who knows. I am not a buyer of anything at this time except. For gold stocks but I am getting tempted here
No point Dan. It’s a freeroll anyway for me. May as well see where it ends.
Breaking below 5p. Suggests to me more money is needed here or maybe it will join the many who have delisted in the last two weeks. I doubt the latter because the company needs new cash regularly…but all smoke here.
This is a brilliant long term investment. Buy them under 60 and forget them. One day it will cash in one of these stakes for 50 times what it cost
Today we have a 15 per cent drop. Either the company will be in administration or it will delist . The ship is sinking. Sorry.
Dan not Dart mr auto correct!
Might be the sort of day you would buy Dart. Not that far from the all time lows and you like to buy at crazy high levels and average down.
This company has been very disappointing and I got it badly wrong. Sorry about that.
LOL Dart. I was selling some of these at 1.4p as I said at the time on here. Lucky too because I would have taken a right kicking otherwise.
Can we have the 100p that was previously accepted by the company and turned down by the greedy shareholders please?
Hopefully most sold plenty of these at prices 4 times higher. The share price has not collapsed because everything looks great.
TEK raised half a million from selling some bella in January. This is just a punt on salt now. Huge fall since salt soared about a month ago. Not worth more than 5p. Very risky with these investments tanking away
And here we are. A huge rally to a crazy mkt cap from about 0.16 and it will just retrace . So many stocks do this in this sector. Nothing wrong. Just the way of the market. In time another big rally can turn up. Either in this stock or another in this sector. When it does don’t forget to sell when it is up 15 fold. So tough to sell I know!
Sometimes one is an indicator of a company insider. They will need money after others have pulled out
Not much point for many investors at 1p. To think a take over at 100p was rejected. Not by the BOD but by the institution shareholders. Most long term investors would not cover costs if they sold. This company has just been unlucky I think. The company was booming, the business model looked fine, the bars were packed, plenty of cash....then came covid and a cost of living as taxation soared to 70 year levels. Wars, inflation, interest rates....no-one could have seen any of this. Most costs have soared. The response of only opening at peak times was good. In 10 years or so a new set of bars like this will boom. Now is just not the time.
Nothing was the answer. Delisted and I doubt it will ever be heard of again. Just a line in the stocks going into administration in a few months.
Another 25 per cent down. Don’t rush to buy these imo until they go much lower or the company reassures.
Almost worthless
The way of many explorers. Luckily I sold a load over 1 to 1.40p but I had a good freeroll and I dont think we will see anything like those prices for a good while.
Mkt cap of 10 million? Based on what? Just the start of the fall. 15p to 25p is on the way. Who wants to buy a no flow i Angola in these punishing small cap mkts. Lets hope for a bounce to 60p please!