The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I don't need my hand held and constant updates, but Cave and the Board are now taking the ****.
We have total and absolute silence and the SP is down another 13% today and 50% in a week.
Come on, give us something!
100% Midastouch2015
This is only the start!
JH:
Egremont is not acting for anybody at the moment - not for Gareth, or Alex, or RMS. I am doing this because I believe what the shareholders are doing here is right. I cannot guarantee you will win, but what you are all doing is standing up for people that are often overlooked. You guys provide the liquidity that makes the market a market. I know it is tempting to take profits and not helped when shares take a dive because of Covids
JH:
The only people that can vote are the registered holders. What we have been doing is getting you to contact your share platforms who are the registered holders in most instances via their nominee companies. They vote on your behalf and cannot be discounted by the Company. The votes are tallied by the registrar who is independent and the Chairman, who is independent, will cast proxies on your behalf. Gareth will also be in attendance in person at the meeting. Please don't ask me about his vote. I keep pointing out that the shareholders, if they hold their nerve, will be able to vote this down by themselves. That's why it what you are doing on here is so important. The other point I wanted to make is that you now have a Board with a majority of directors who are there because of what happened before Christmas. They have a really difficult job to do but they are NOT REPEAT NOT stooges of anybody.
JH:
Lots of AIM companies which had high share prices that then collapsed ended up unable to issue new shares as companies cannot issue shares at below nominal value. So if the nominal or par value (which is not the price of the share, but an arbitrary number) is higher than the price you want to issue shares at you have to reduce it. When you reduce the nominal value of shares you have two options - you apply to the court, which is expensive, or you divide the shares into two parts - the ordinary share, which has a lower nominal value and a deferred share which has no value and does not vote. So reference to deferred shares is a complete red herring. Gareth has ordinary voting shares just like you.
Which begs the question - why all the conspiracy theories about the BoD assuring crap RNS's and keeping the SP low?
If the SP was higher, surely investors would sell and take a profit - their votes (to cancel the warrants) would then be null and void and the warrants would get voted through....
Yes Seamanp911 - I just can't understand why there was not more UK media attention when we got certification!
I am not a conspiracy theorist and this whole 'keeping the SP low to get the warrants voted down' idea just doesn't add up for me. There will always be some who will sell at 3p but I won't. I have a 2p average and am in long.
I work in the media, so know how good comms should work. This is a huge week ahead for the Company.
Yes, but since we got certification - we have had very little UK media coverage if any at all.
The company must release some news this week, and appoint a PR company to push the good news, to subdue fears.
I agree Cookie1970. I can't understand why the UK mainstream media is not reporting this.
https://www.milanobiz.it/mascherina-killer-italia-costo/
https://www.computermagazine.it/2021/01/30/mascherina-elimina-virus-covid-19/
I am with ii and have sent them a couple of secure messages but the vote is still not available in their vote section. Has anybody else had any joy with ii?
Mafioso, I think you mean Share Talk News just tweeted - the WENYTV article from yesterday.
Unfortunately nothing from GC!
I follow Gareth Cave on Twitter but cannot see a recent tweet - his last tweet 5 days ago.
Pokerships, they are two totally different media outlets!
No, the article was posted today.
Articolo del 27/01/2021
ore 12:40
Interesting price quoted: '1 euro per piece'
Main article:
A KILLER mask is coming, also in Italy, able to neutralize and "kill" the Coronavirus: the anticipation is reported by "La Repubblica", which explains that the device is made with five layers, and is effective for 7 hours. The product, invented by Gareth Cave, a scientist specializing in nanotechnology at Nottingham trent University, comes from England.
Now we await the CE certification that authorizes the sale at a cost of 1 euro per piece throughout the Old Continent: according to the tests performed, the killer mask has a filtering capacity of 99.98% and an efficiency of 90% in destroying airway-borne viruses.
The secret weapon is located in the third of the five layers: it is an "antiviral layer, that is, soaked in copper nanoparticles, treated with a new technology. Once these nanoparticles are in contact with the virus, they emit ions that penetrate through the surface and envelop the virus, destroying its genetic material and preventing it from replicating. "
“I made a mask that can eliminate the coronavirus beyond the 90% threshold,” Cave explained to the media. The device is equipped with a coating that includes a water-repellent outer layer, capable of hindering the inhalation of the droplets carrying the virus. Furthermore, the mask also has a copper coating that releases ions, capable of "exterminating" the virus upon contact. Effectiveness guaranteed for 7 consecutive hours.
Headline translates as:
CORONAVIRUS: the KILLER MASK arrives, defeats ALL INPUT VIRUSES, it will soon be in ITALY.
https://www.ilmeteo.it/notizie/coronavirus-arriva-la-mascherina-killer-sconfigge-tutti-i-virus-in-ingresso-a-breve-sar-in-commercio-dettagli-093106
I just can't understand why the UK media are not picking up on this.
Thanks for the reply, but why when the SP drops on the news, and they can exercise at any time do they do it now?