Member Info for BigBear2

Getting punchy Can now sell 500,000 @ over 2p...

Not sure that can be used for anything:- The share premium account is a reserve that cannot be distributed. A company can use the balance of the account only for purposes that have been established in its bylaws. In most cases, a company cannot use the account to pay out dividends to shareholders or to offset operating losses. The share premium account is usually utilized to pay off equity expenses, which include underwriter fees. The account can also be used in the issuance of bonus shares and for costs or expenses related to this issuance. So:- Total liabilities = £1,124,656 They pay off this in full after the placing leaving them with around £800k and debt free.

Yup another 500k director buy incoming when the placing is announced. These guys are big players in the finance world so should have no issues drumming up the remaining £1.5 mill from their fund manager chums

MMs trying to deter buyers...we all saw how fast this moved the other day. I am going with the theory the BOD(+chum) bought in high volume @ 2.5p. Most of the placings have been done at a premium. Bit annoying having to wait but hoping for an URU style premium placing here...

Yup a breakdown would be good, but to be able to raise almost double the current mkt cap (£1.2m) is impressive..

Wakey Wakey.....where's the placing! With this lag there was little point announcing it!

C'mon lets be 'avin the placing price!

That's my thinking as well! Hope we are correct my portfolio could do with some blue in it!

Yup the delayed buys from the other day. Directors piling and and will be participating £250k each in the yet to be announced placing price...plenty of confidence there...

Gonna be mayhem here tommorow...

2.24 on the ask now, could be large background buys to be announced later

Being quoted above ask for even tiny amounts

Been checking the history of placements/subscriptions here and all seem to be at around a 20-30% premium. I guess the difference here is that they are raising more than the current market cap (£1.3m - placing is for �2m, with directors taking �0.5m of that.) Always amuses me when we see PIs (even after placing was announced) busting a gut to buy in @ 3p+ and now will not buy at/around 2p!

Fair assessment there and I guess the simple answer is we now have 4 people we a vested interest in making this a success. The only remaining question is what price is the placing?? I added 1/3 of my target holding just over 2p on the basis that's lower tan recent BOD purchases. Will add the rest once placing price is known

fecked up here by not announcing the planned placing price, judging by the way the sp is behaving its looking like sub 2p..

Not exactly encouraging things here are they! Terrible spread and L2 does not exactly look great

Great podcast on vox

5 will do for me but 10 is possible These are shallow drills so results should come quickly Also acquisition news imminent

Yup overhang from placing looks to be gone, any volume this will shift, just teasing us at present

Surprised the ask did not tick To 0.6 on that buy