Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I thought you needed to be above a certain market cap to list on NASDAQ if so what is it ? I take it Dutch has bailed out. TIA . Clem
When is the next news due on one of the many trials we have on the go. Got to be something soon. Clem
the Xenetic Biosciences Inc shares have been issued to us in the form of registered bearer certificates. We are currently in discussion with our international agent in order to establish a procedure for trading the securities. Please continue to monitor your account for this to be updated in due course. I have got the right amount but not sure what registered bearer certs are ? We shall see. Clem
So I have 128000 shares on xbio @ $2.50 a share which converts to £191,000 I think. Sounds to good to be true not that im selling . Hope to hold on until we get some licence agreements did Dutch mention 2015 for that I cant remember read it somewhere. Cheers Clem
HI LORD ARE YOUR REFERING TO OUR ORIGINAL SHARES OR THE NEW CONSOLIDATED AMOUNT WE WILL RECEIVE WHEN YOU SAY THE SHARES ARE WORTH 3 TIMES THE MID PRICE. CHEERS CLEM
So is the 28 million market Cap inclusive of the new shares issued. For how many years are we estimated to mine 1 million carats a year and based on todays prices what is the estimated margin on this. Anyone with any ideas. Regards Clem.
Hi All Only just noticed div ive been that busy is this going to be continued and what is the frequency as I am thinking of topping up. Regards Clem
If the new shares are going to open at 15p why can you still buy them for half the price. Surely if that is true the MM`s would know this and it would be trading nearer the 15P now. Cheers Clem
Cancellation of trading in Xenetic Shares on AIM Reflecting the Company's strategic objective of migrating its operations and quoted company status to the United States, application has been made in accordance with AIM Rule 41 to the London Stock Exchange to cancel the admission to trading on AIM of Xenetic Shares. Cancellation is conditional upon the Scheme (and therefore the Acquisition) having become effective. This announcement provides Xenetic Shareholders with due notice of the intended suspension from trading on AIM, which is expected to take place at 7.30 a.m. on 23 January 2014, and of the intended cancellation of admission to trading on AIM, which is expected to take place at 7.00 a.m. on 24 January 2014. Accordingly the last day of dealings in, and for registration of transfers of, Xenetic Shares is presently anticipated to be 22 January 2014. The result of the Court Hearing will be announced on 23 January 2014. No transfers of Xenetic Shares will be registered after market close on 22 January 2014. The GSL Consideration Shares which, subject to the terms and completion of the Acquisition will be received by Xenetic Shareholders, will be capable of being traded via the two OTC BB and QB facilities in the United States. SO in theory as long as my broker doesnt sell my shares I will automatically receive my allocation of GSL shares.
Hi Welsh Can clarify are you expecting to receive Xen or Gsl shares when they come through on paper and if Xen how do you change them to GSL or is this automatic? Regards Clem
Just spoke to II again and they are 99% sure they will be able to trade shares in new company but wont guarantee. Just Waiting for conformation regarding what will happen if they delist and i still hold the xen shares how do I change them to gsl as they wont give any concrete answers and I am concerned. They are saying until they receive the corporate action they wont know. Just phoned TDI and it takes 6 weeks to transfer accounts so that is not an option. I dont know if to sell all my holding and and by back with broker who knows what they are doing and trades otc but obviously take a hit on the spread Very worried what do you think. Cheers Clem
HI Boogles I am holding till we move over and still have had no confirmation from my broker Interactive investor what their policy will be. Is it TD WATERHOUSE you are referring to because I need to make decision asap as I will be away when it happens. If so I take it they are okay with the move and also I hold in both a isa and trading account can I move both and how long does it take. Regards Clem
Hi Robin What is Sen and what site is it on. Dont want to get left behind. Regards Clem
Hi I have 500000 shares in xen in an isa and a trade account with interactive invester I have contacted them and they dont have any information for me at the moment but for what I can gather they wont be able to support electronic dealing on there platfrom ob the new exchange. This is one for the bottom draw for me (3-5 yrs) what are my options do I need to do anything ? Is there any chance I could lose my holding. TIA Clem
So will our shares automatically become the new ones and will we be able to deal them through any broker im with iii. No point selling now may as well hang in to the bitter end. Clem
It seems things are going to move faster in the states with a lot more awareness just hope things go to plan in the lab Lets hope. Keep up the good work. Cheers Clem
Does anyone know when it will be paid. T>I>A Clem
What do you estimate cash in the bank to be? Did scott mention small dilution when we list in USA? Also some some thing not discussed much is what effect is a negative result do one Of our candidates going to have on the share price . I'm thinking of topping up and not sure wether to hang back a bit Cheers Clem.
Can you remind me what news drove the share price to 16p a couple of years ago. Cheers Clem
I take it you are referring to the computer confiscation if so its getting a bit worrying to be honest. ITs been a month how long does it take to check computers they must of found something .. The management need to let share holders know what is going on. Clem