Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Hi Zookeeper, Suppose it could be another month yet until the bio pharma news. But you never know, something might drop from a clear blue sky one morning. Obviously disappointing how we have got to this level after the 2p placing.
They wouldn’t have to sell aimgambler, but it’s likely a placing or open offer or rights issue would be below the price prevailing at the time. That is my worry. Agree already been shafted but that doesn’t mean want shafting again.
FWIW, I totally agree with onefineday, I am sure the price will drop after the consolidation and I think the reason for it is so that a placing and or rights issue can be carried out. There are some good people on this board and I hope I’m wrong but I just feel that current holders are going to get diluted/shafted.
Another load of crap from an untrustworthy charlatan in my view. Has he considered that investor perception might be better if he got off his arse and actually progressed the company? 0.26p would not be a problem if the price had ten bagged to there rather than falling by over 90%. After consolidation I am sure that the price will fall again and it is likely that liquidity in the shares will fall. Yet again it appears that private shareholders here are treated with contempt. Ask BMN shareholders if they’ve got too many shares in issue. Heartbreaking that at one point last year a single URU share was worth more than a single BMN share.
Some good questions there PM. As we have competition maybe the exclusivity is a pill we have to swallow. The price activity has been disappointing today but I am happy overall because:- Today’s RNS has to be a vote of confidence in what we have. Again it has been shown that we have a honest board ( by which I mean it’s not leaky). Obviously although things have been very quiet, there is progress being made behind the scenes. Just a matter of keeping the faith now, improving sales news to come and also the bio pharma collaboration news due within weeks.
Is still at the same rate as at the year to June (or even slightly higher) there should still be over £6m in the bank. With a possible transformative announcement due this month or next and our market capitalisation being below cash held this is cheap.