Member Info for Bladey

Invest2save, there is nothing wrong in what you've stated, and you're correct.. Hence a lot of people have forgone the offer and bought in lower. The only thing I can really say is that they want the lump sum to pay off the debt and that Lord Alliance wants to be a majority shareholder which means he would have to buy quite a few of the offering to stay a majority controlling shareholder. He's set a price at 57p, and I believe he has to abide by that price, for his purchase anyhow, (and anyone else who takes part in the placing).

Nice order fill just popped up, 200k shares from last night. I firmly believe large orders have been placed and being filled slowly and sp will bounce around here till they're filled..IMPO

Question is... IF it is Alliance, will he forego the raise before GM, or reduce the raise just for debt?

Sells are really being soaked up here... someones deffo accumulating below offer price!

Cheers 'Hey_arnold', also clarified in latest rns just released @11 for 19 shares. I've prob read a further 25 RNS's since reading NBrowns lol, hard to keep a track since i'm not interested in the offer.

Also as posted by 'Willinvest', you will be/should be offered 11 shares for every 18 shares you hold, so if you held 50,000 shares that would be (50,000/18)*11=30555 shares that you will be able to take up on that offer, @57p ofcourse as per your perogative.

Also I'm not sure where 'Willinvest' got those figures from so make sure you research or ask your broker if your interested.

Lol.. I like it... You don't Elffin?

Whittle, Extra shares have been created to raise funds, the good thing is that, (and more importantly), the price it's being raised at is 57p. You will be offered the shares under a scheme for those who already hold shares as a kind of "thank you for being a shareholder", basically giving you a small precedence over those outside the circle, (non-shareholders).

Your broker will inform you or you may make your own inquiries ... either-way it's up to you if you want to take up the offering... naturally you don't have to. The 57p price means, in theory, this is the bed price for the share value..yours, mine and the new issues ... UNFORTUNATELY ... as yesterday shows, the SP fell below this value due to downward pressure by people who don't want to be part of the plan, whether it be going to AIM or the fundraiser itself... or simply by those who do not understand what is going on, and they sold up!

Good luck whatever you choose to do... as for myself I'll be holding on to these for a bit!

Lmao, you thought I was being aggressive? Seems as if you're a little too sensitive if anything lol. FYI, I have a nice holding with an average @31p after buying in the mid 20's and another tranche in the low 40's... So i'm content.

You basically asked a donkey question... and you got the answer at the same level lol

Lol... why would you HAVE to? This isn't Russia mate.. it'll be an offer not mandatory, it's up to you... but I guess where the sp is on the offering as it could be well north at offer time.

Was wondering that on the back of the sp fall Lord Alliance has accumulated a chunk and continues to do so under 57p. Maybe the figure for a raise will be amended if he is closer to his requirement.

Registered and waiting...

Feels to me as shorts are closing here lol

Last post was for Ian.B

https://youtu.be/lv0Tt9V-r8E

Divi reinstatement.. missed that bit, but also excellent news to strengthen interest

Absolutely F*******g BRILLIANT news!! Wow, my only worry was the equity raise was done lower than 50p! Now those worries are alleviated as 57p is practically little discount.

Also share dilution is 25M less than what I thought it would be, and a large portion will prob be taken up to retain a majority shareholding.

Rich160, I believe news was leaked about the placing... but not about the details, hence that was enough to scare a few. Now we know the conditions from the article and the details we'll get in an official RNS.

As for raising the cash...seems clear to me they're killing 3 birds with one stone, paying off the debt, Alliance wants to anchor himself as the MAJOR shareholder with controlling interest and finally using leftover cash to forward and streamline online business endeavour.

I also believe the placing has already been allocated and bought down with prior agreements and hopefully there'll be some for us shareholders to take advantage of. Like I said, will be clearer as to the plan in the morning.

Also the AIM move gives them greater flexibility, and as said before there's no shortage of tier one companies on AIM already!

Really depends on Schroeder average and the return they're expecting, so I would think any offloading by them will be further forward for a substantial return. Any additional take ups maybe under a covenant for either a time limit or at a higher market cap. Lord Alliance isn't underwriting this himself for the benefit of seeing the sp tumble, therefore expecting good things!

No probs Davwal... great minds n'all lol

That many shares plus the fact remains how much of it institutional Investors take up, which prob depends on the figures tomorrow for future guidance, will leave a decent amount for better liquidity. I still believe they wouldn't have undertaken this step unless they have seen better business trend to follow.

Question is... how many shares and at what price....And Lord Alliance wants to have a controlling majority shareholding. 200Mil@50p? or less?.. or more? Find out in the morning I guess. Any ideas?