The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
A more sensible business model i think, small steps & not trying to take over the world!!! This is a 'long' hold now.
Thanks
I think we all have to agree MT is selling for reason but not clear what that reason is yet. Could be interesting times ahead, hopefully good times!!
Every company needs stability to progress and BOS is at a crossroads now. Communication is critical for any company, so hopefully the madness of the last few months will pass and BOS will fulfil its potential - fingers crossed & yes I still hold a very large amount of shares and at this moment I am still confident it will come good. GLA
We must get hit with some sort of news soon.
Hoping for some positive news soon and a bounce off the 52-week low point.
Very quiet this week.
I think sadly it is probably lack of interest at the moment, not sure anybody will want the shares until we have a 'positive; update or Plan 'B' is put into action.
Some good buys today, it is going to be very interesting to see how this moves forward in the coming weeks - i am very confident still, but it is a strange path 'BOS' are taking at the moment.
228K shares just bought at 4.375
RNS Number : 3421T BOS GLOBAL Holdings Limited 11 October 2017 BOS GLOBAL Holdings Limited ACN 009 087 852 AIM Release 11 October 2017 Innovation Convertible Note - Conversion BOS GLOBAL Holdings Limited ("BOS GLOBAL" or "the Company") (AIM: BOS), the software developer focused on improving productivity and creating operational efficiencies in the workplace by collecting and reporting workforce analytics, advises that it has today resolved the conversion of the latest draw down from Innovation Corporation Limited ("Innovation") of �100,000 at a fixed rate of 16 pence per share in accordance with the terms of its �1.875m Convertible Note agreement ("Note") with Innovation. This conversion relates to additional funds drawn down in September 2017 with a further drawdown of a minimum of �125,000 expected around 23 October 2017. As a result, Innovation will receive 625,000 fully paid ordinary shares in BOS. Application will be made to admit these shares to trading on AIM with admission expected on or about Tuesday 17 October 2017. These shares will be subject to a 12-month lock-in agreement from the date of conversion. Under the terms of the Note, Innovation will also be granted 625,000 Conversion Options with an exercise price of 20 pence and expiring on 30 September 2018. Conversion Options and shares issued upon exercise of Conversion Options will not be subject to lock-in agreements. Following this conversion, �1,278,609 remains available to the Company under the Note. Following admission of the conversion shares, BOS will have 79,635,210 fully paid ordinary shares in issue and the following options and warrants on issue: 3,727,444 options of exercise price 20 pence and expiry date 30 September 2018; 146,015 options of exercise price 150 pence and expiry date 4 December 2018; 20,282 warrants of exercise price 957 pence and expiry date 14 October 2019; 54,825 warrants of exercise price 1,197 pence and expiry date 21 October 2019; 16,709 warrants of exercise price 823 pence and expiry date 6 January 2020; 27,848 warrants of exercise price 718 pence and expiry date 5 June 2020; and 500,000 warrants of exercise price 10.4 pence and expiry date 26 August 2021. Entities associated with Michael Travia will hold 23,104,855 shares, representing 29.0% of the total shares on issue and 3,727,444 options of exercise price 20 pence and expiry date 30 September 2018.
I am thinking we will get an BOS update next week.
Wrapping up CD USA trip today with profitable growth in partnership with Aspect and BOS360. A unique triple play that makes financial sense!
Clearly BOS and CD are very much inter-linked, which IMO will make BOS much stronger in the future. Just need to sit and wait for contract / sales news.
Interesting disposal price.
A very mindful and considered response from MT. I am very happy that the future in BOS is extremely positive.
It is clear to me that MT is an intelligent man and these recent actions are being implemented as part of an overall companie(s) strategy. I agree it could have been presented to the market in a more 'slick' way but sometimes in business these things happen. I am a large shareholder and I am still positive that BOS will be a success and I am happy to wait long term. It is a risk but it seems foolish to me to let BOS die after all the work they have put into it to date. Like everything on AIM - time will tell. GLA.
I think tomorrow will be an interesting day.
Yes something is definitely happening.
Personally once all the dust has settled on this episode, it will work out to be a good decision for both BOS & CD. I am very positive that over time BOS will give rewards to shareholders but also appreciate that it is a 'slow' grower. I will sit tight with my holding and watch it develop over the next 6-12 months.