Member Info for countingcards

one word is all it will take to take any 'flipped' shares. That word is -OVERSUBSCRIBED

Milli

Can you get in touch, up to you. email is satoship12345@outlook.com. If not no worries. Would like to swap notes.

Madchatter

Honestly this is a good appointment. Looks like a very down to earth guy and I believe much better than Jonathan Freeman, who is miles away from the action and could not spare the time. This guy is more closer to the action in terms of geography.

Pmac

Clear out traders, write up an RNS in such a way that it makes as Wild Card says our new NEC look completely incompetent. Its had the effect that shares are changing hand. The weak are selling and the those wanting to hold are.

If one can tear themselves away from watching the price roller coaster up and down, this is not as bad an RNS as people make out. New appointment, resolutions passed.

One thing bugs me though - How did A_milli get info so quickly on Allan Syms? Brilliant post Milli, I am just intrigued on what made you go to level 39 so quickly?

Trade 70

sold 5000 @ 0.038

really?? seriously for all of £2.28? Better check there's no 4 year old going button happy on laptop out there.

Watty19

Just called HL and they doing it on a staggered basis. Some might have gone and some still pending and that I presume is based on the time when you hit the button to take up of the offer. The person from HL was on the ball with dates for meetings and times and to when allotment will take place before I needed to put them in the picture. Even though mine has not gone through yet, I am confident it will do.

Buys are coming in above the offer, and even then not for great amounts. So looks to me as though buying is getting restricted. Like to be proven wrong but its clear its happening.

Urban cookie good posts with good theories.

First of all how many PIs would have taken the Open offer if say the price was 0.05p or 0.06p? There are lots struggling to make the grade even now for 0.0125p let alone the higher level. In my opinion the price was set at 0.0125p so that it has less chance of failing. Now you are seeing PIs more than happy to apply for excess over and above their entitlement.

Secondly on the day before the Open Offer was announced the price was sitting at 0.06p or thereabouts. The next day the price halved and we all knew 100% new shares would be admitted on the 24th . Therefore in my opinion again the price has already been adjusted.

Also the Directors wishing to unconditionally authorised the allotment of 1,759,632,974 shares? This in my opinion is to meet future warrant release.

No one can predict for certain what will happen next but I am close to the action as I am able to be, and I can safely say when I read paragraph 2 of your Fri 21.47 post its clear to me it’’s only your theorising. (sample from your paragraph )“Following this, a mass of buying from Antos will increase his current holding, therefore sparking another RNS of a change in holdings. This will lead to a rapid spike in the price of shares as people will follow like sheep under the information released. ” This is what you said. Again if you have spoken to the correct people and based it on your finding then fine. I certainly have spoken to the right person and I can safely say you are way off the mark.

You state at the end
“Warnings:
These is a loosely woven story of RNS's and my own opinion.“

Pleased you confirm its opinion.

Just two days before the Open Offer announcement the highest the price rose to was 0.065-0.073p intraday. We then practically halved on the day of the Open Offer announcement. That is because the market adjusted for the fact doubel the amount of shares were coming.

Today the price is currently as I type 0.027-0.029p. So technically we would be 0.054-0.058 under the previous pre-open offer period. Not that much difference.

Sorry Aidan31

I am busy with my pack watching how the hands are being played. You can have it when I have finished mate.

A_milli

Some excellent advice and will copy and paste your posts to some who personally needed help I know. Going to take up my full allocation. I have met Antos and he is very humble person and really down to earth, someone who knows what the shots are. So I am confident to continue giving support.

A_milli

I think anyone smart and I know you are one of them will know that any deramping right now and talks of 0.01p coming etc, is to keep the price in check, because these poor souls have missed out on the open offer and to make anything they need to go warp mode to get the price lower knowing that there is second chance to make on this outside of the open offer, how?

Oh go on then I will tell them. Once the director is announced and if it is who we think it is, as night follows day, it will clearly signal that the RTO is happening and quick and it will mean more than likely price will spike again. THAT is what these poor hyenas are after! They missed out on the "exclusive offer" and now need another fill from somewhere, and if some had read what I wrote on animal behaviour a couple of weeks back they will know the little nips and bites have started. THEY WANT YOUR KILL.

Madchatter

I am not sure this is correct mate. If it was a Rights offer, then you get the right to buy the additional shares, but not the obligation. The rights can be sold on to others who wish to take advantage of the offer, and hence each right has a value. A shareholder can take up all, some or none of the rights on offer.

However this is an Open offer. and operates in a very similar way to a rights issue. However, although you are entitled to buy more shares, you cannot sell on this entitlement like you can with a rights issue. Similarly, if you let an open offer lapse, you won’t receive any cash.

Havoc

The price of the open offer is low so that your everyday PIs can get the opportunity to buy at a reasonable level and cost. If the price had been day 0.1p, firstly what is the incentive and secondly not a lot of people could afford that. BOU have carefully priced this so that we can decide rationally whether to buy or not to buy. I am not sure yet as I am still trying to get around to reading but the open offer has been underwritten, so in the case strange case that not all is taken up then someone (possible Antos) will sweep up the rest? be mad not to since they will be at a massive discount to market price.

I have one share at mid price 0.068p yesterday. I have one new share offered at 0.0125p. If you can add up, add the tow together and divide by two and it will give you the prevailing price. Anything below this will be sells today and anything above will be buys.

Also throw in RTO and what could potentially happen to price come open offer hitting the market, explain where 35% down? LOL

Richie

Listen to me buy at whatever price you want as I have you by the knackers now!! and you will make me and others rich!! LOL. Its you been greedy now. LOL you sold at 0.46p?? yep you messed up.

A_milli

I am certainly going to take up my offer, need to do more overtime at the local 7-11 to raise cash LOL. Thanks.

Milli you are one clever poster. I have got you in my watch list for the future and you have summed this up from day one brilliantly.

I read it as I have one share at prevailing market price of say 4p. I now get offered a new share for 1p, as I held through required period. I can now get this new 1p share which will immediately in the market be worth 4p (based on price holding). I therefore make an instant killing of so many 100%s. I now also get the news of the RTO which then sends shares into orbit. THAT is how I see it. I would like anyone to convince me otherwise.

Jock in light of your current post can you explain the following from 6th March (your post)

PSLRE: Or6 Mar '19
Dave, this is potentially very exciting news and gives a clue to what may be a major RTO. This guy is a big player and if PSL is used as his new investment vehicle we could be in for a massive reratkng. Good luck mate.

You got some who want to play with you on here, and you have cleverly distracted them and the BB.

Back to BOU: Interesting how a lot of the sells are actually buys. I know because one or two sells are buys from people we know.