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Until we start seeing hundreds as the number of trades - the closing price us not very relevant.
We want the trend to be up of course - but don't be disappointed if it drops.
I can promise you there will be many idiots out there who'll sell toa aa fraction of 1p profit , will apply for more shares than the sold forthe same money, will get fewer or none at all that they want, and will drop out or pay more than they received afterv the placing is complete? So many miss the bigger picture and view a bigoted picture that was always tripe!
Thanks TB .... your approval is worth a lot to me. As was MM's of course. And half a dozen other posters on here.
I wonder why Tony went to the markets with AIM at such a high price? It was doomed from the start.
Was he so demoralised that the approaching delivery date would not bring an inevitable rise?
For him Catch 22 was no funding , no rise and price rise , excellent fundraising prospects.
He bought some more shares for his family group in a vain attempt to bolster confidence.
The Doc was presumably asked to keep his holding well below 51% , and his absence presumably worried the Pension fund who benefitted from his presence/presents along with a high number of small shareholders.
Hopefully the moronic shareholders will not drive the price to below 1.8p and 3.5c? For me that is the only risk! And we gave seen it happen too many times before!
My Oxford heated grips have never been used and no longer work. I am assuming labour costs to fix them make repair an expensive option. The controller led lights up so I assume the fuses are ok , but I don't know where to go after that. The resistance through the elements but getting access to the sealed wiring? I suppose I can disconnect them from the battery and see if there is a closed circuit when the controller is in the ON position. Or can I connect them to my fancy battery charger? It is good to talk - that is a plan?
Mother father please disregard this letter - unless one of you has experienced this?
For anyone who thinks it is an easy decision - it is not.
Ok, we will suffer dilution because the placing is decided! But for anybody who get these 1.8p which dilute their value - thse people have not onlygot a bargain price but they have saved commission fees which TLOU will pay for them. Will they be paying my frequent trader commission or the full commission rate? At least stamp duty is not a factor but for how long? Hopefully we will be out of AIM in my lifetime.
I found a pair of heated biker gloves on Temu for free! The catch is I seem to be foreced into buying another 6 items and then they'll give another 3 items for free (from a restricted list). That is a minimum of over £20 for the 6 cheapest items so I backed off! Have I made a mistake? The gloves were £40 on Temu for current customers. Reduced from £70 I think.
It is now apparent why funding announcement was longer than some people expected.
I thought TG had been offered the funds at too high a cost , and he was waiting for a better deal.
Was that far wrong?
Clearly the Pension fund could only justify taking half the shares , still a sizeable investment!
That left the other half , the 169m balance , that will be oversubscribed for sure.
Was 169m extra shares second favourite to funding with cash and interest?
We do not know but TG had to compare the rate of interest payable on a loan to the dilution of all our shares plus the cost of the placing.
If he has a closed circle of sophisticates ready to take his 169million bargains - he does or I am a monkey's uncle - and is permitted to deal with them - I hope not - then I begrudgingly welcome lth getting a reward for helping us in riskier days.
I want to buy at 1.8p and/or 3.5c at current prices and after hours of messing about on the prolonged placing , I will be miffed. However , my contribution to TLOU is a drop in the ocean compared to the sophisticates who have not given up on Tony. I plan to use new money so if I get any shares from a proper placing it will feel good.
Bucklersfern and the singular one you thought of are gone, HB.
I wanted to see if Kenmare was on his profile.
Enough on him. I think there will be a pause until we hear from our brokers or not and it gets too late.
Buying at 1.8p when todays buys are showing as 2.5p is surely going to be oversubscribed.
Before he was banned on here he called himself something like Kenmare - the company he was in love with.
They had a dramatic share price rise overnight! Something like 100 fold rise I think? 2p to £2 though I am not bothering to verify the actual numbers. When I checked they'd gone through revaluation. i.e. bought back as many shares as they could and reissued new shares on a 100 for 1 basis to the remaining investors.
I never read his posts or anything much on Kenmare so whether he welcomed it I do not know.
But whatever happened it was enough to poison his brain cell against share numbers in issue since? And no doubt he missed out whatever he did. Did he sell up too cheap and too early? They maintained their £2 mark and he ceased posting there for some reason. TG is taking the blame for Kenmare I suspect?
I used to recognise Donkey when a new poster arrived on a stock who had Kenmare in his venn diagram of posts.
TLOU have kept share issues under control and despite bad luck and bad timings I don't think 1.25bn is that bad.
The trades today are smaller than minnows so I hope the buyer has a commission free broker.
Cannot see that surviving long if they do trades at this level all the time.
I admire the commitment if the buyer is swallowing the costs to raise the optimism for TLOU.
ASX registered 0 trades yesterday. This can be expected for April because of those 169m shares that might be available?
Due diligence on the part of the Pension Fund would have been massive.
Their average price is probably close to 11p , and this latest placing will reduce it north of 8p imho though I have not looked at figures. I might do that later.
Justifying more investment in a huge loss leader would seem to be madness to any overseer?
So something pretty powerful persuaded him to agree to it. Or some other body did that research and persuaded them to sell other investments to buy into TLOU. The Govt or Massisi himself?
Oh to be a fly on the wall to hear what that information was? I suspect gas flows have not been an issue since #6 started flowing and the critical piece of the jigsaw was completing the Tx line. At that point it becomes all systems go. What held us up was apathy on the placings. The Pension Fund has unlocked that problem so TLOU have some working capital and imho have killed the apathy towards the remaining 169m shares. 1.25 Bn shares might be the status quo hence forth - not bad imho. Sirius reached 10Bn to get to 20%? of their goal! Tlou are playing Andt Williams musib in Brisbane and Lesedi - time for song
https://www.youtube.com/watch?v=XifUaCyCO0g&ab_channel=CeeCeeable
Donk - to mimic your M.O. (modus operandi) don't you think I am great?
I said TG went to market too early at too high a price and was I wrong?
He has kept the price the same and has done what I advised!
Imho I think that he should only be offering the 169m to the LSE / AIM punters because we will not kick a gift horse in the mouth in the current market.
But I accept that the other exchanges were not offered the prices they could really accept.
So all 3 exchanges will hopefully be permitted to bid for some shares. I don't to experience the problems I had last time to buy on ASX and then fail because of the address on their records. IF THAT WAS INDEED THE CASE I never knew if I was eleigible or not.
I won't see your response Donk - you are well and truly filtered.
I am writing to the office and see it is APRIL 30TH not March 30th!
I thought we had to offer in is a coupleof days and they'd be place on April 2nd/3rd.
It is quick for a placing but my brokers should have time to sort it out!
I must read the RNS properly
repeated x times
I must read the RNS properly
"Under the Offer, the balance of 169,479,054 shares can be placed prior to 30 April 2024."
What does that mean? There is not enough time to go through a broker?
TB have you inquired yet? I have never corresponded with the TLOU office.
Is it time to pledge a new offer directly with them to get some of the 169m shares?
Clueless ignore or filter him he is a lorry load of sandwiches short of a picnic! Simples!
I'd unfilter him I thought there was a 0.0001% chance of him apologising to me for criticism of my confidence in TLOU/TG for all these years. He cannot harm this share now we are so close to success!
He might tell us that a Russian nuke, aimed at Kiev , could land on Lesedi! But he has absolutely no credibility whatsoever - his brain cells are probably damaged from putting his head in the sand with nothing to stop it entering one ear and leaving from the other.
Is the pension fund independent? I wonder if the Govt can instruct them or coerce them into investing!
To risk so much on one company shows the confidence they have in us becoming profitable - I have never doubted it apart from a few insane weeks that made me doubt TG. He was right then and has not been wrong before or since imho.
Tiem to see how April 2nd is being handled - there is not much time to organise that! I really wonder if they have pledges from sophisticated investors already? The London exchange was omitted from the placing and I rckon the consortium that got together a few years ago to rise a fortune within 24 hrs will be champing at the bit? It seems sensible to me that the unused money at 1.8p per share will be used to grab the marketprice at 2.3p or or more?
Logically we should all sell our shares at 2.1p+ or 4.3c on ASX in order to buy back at 1.8p and 3.5c.
Imho that will be disaster for most of us.
1. We want sell many at the above sp because buyers will want the April 2nd prices for their money.
2. April 2nd looks absolutely certain to be oversubscribed at 1.8p or 3.5c - bargain prices!
3. Many are going to end up with fewer shares and money that won't buy back the ones they dumped?
My advice is to hold what you have (close your flies! guys) and apply for 1.8p shares with new money.
I hesitate to send this because it might increase the oversubscription level and reduce my chances of getting my required shares. However it means I won't be digging into my savings as deeply which is welcome. And if the sp on the open market holds up it will be a happy April.
This talk about elephants is getting a bit heavy.
The filtered one remains filtered but has more to say about jumbo than the price , hopefully , leavig 2p in its wake.
4.2c is lagging behind 2.3p on LSE but 2.172p is Volumesnot that far.
Volumes dropped back to almost single digits so we need news of what funding is going to cost in interest or dilution for next big moves either way. I'm hoping for a bridging loan to production date but we'll see.
HB, A pint of what though?
He has only been wrong once!
When was that? When he said he in never wrong!
We all know that a high percentage of AIMS shares fail and the odds favoured TLOU joining them.
We might have , and fate did its damndest to ensure TLO did.
Dewatering , Govt mess up , Covid , twaddle from SM about their Hydrogen plant and persistent trolling by certain people on here could not beat our Tony from scoring his hat-trick of CBM triumphs.
Talking about motorbikes, my deam of buying the first hydrogen powered bike looked good on this video!
If you are a bike enthusiast, and enjoy this a quarter as much as I did, it is still worth a watch imho.
https://youtu.be/aOTz0Ol8fLA
Pleased to oblige neigh-body!
It was lovely to see more trades than we are used to.
The more the merrier!
I am hoping we see more action on ASX tonight. They seem too content to simply let it happen.
But they have a new target, if they are going to match our rise today.
Like Eric Bristow mimed to himself when winning one of many tournaments ..... "I love myself"
The paps are nothing short of fantastic imho - I am learning so much from them even if they are aboyt nothing TLOU. e.g. this one for our pub crawl when we organise one to celebrate a major milestone?
https://i0.wp.com/letsflamingo.com/wp-content/uploads/2019/10/tarmacked-roads-botswana.jpg?resize=800%2C713&ssl=1
Unfiltered the donkey to see what he had to neigh about.
Wasted my time - could get nothing from his link - not even a failed message.
Using alternative methods I finally got to this site which is not a match but is interesting all the same.
Donkey has taken years to realise we are not in the market to supply LNG or CNG so i thought it was the article at first!
Further research (I never give up) produced some extremely interesting maps/figures/whatever ...
"https://www.bing.com/images/search?view=detailV2&ccid=391552e8c08ab832c7e8d169aa8c0a53&id=DCDF12CCC051D0D5F3CF2406276D588F9E2052F2&thid=OIF.2X3nNbK8aV9FpXn9u/9UHg&mediaurl=https://www.weekendpost.co.bw/wp-content/uploads/2024/03/Botswanas-first-coal-gas-fired-power-station-to-start-commercial-production2.jpg&exph=316&expw=474&q=Https%3a%2f%2fwww.weekendpost.co.bw%2f39705%2fbusiness%2fbotswanas-first-coal-gas-fired-power-station-to-start-commercial-production%2f&ck=D97DE735B2BC695F45A579FDBBFF541E&idpp=rc&idpview=singleimage&form=rc2idp&ajaxhist=0&ajaxserp=0"
Link looks montrous so hope it works for you.