Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Ditto. HE1 is impossible to day trade, if you make money intra day it’s down to luck. I made £2.5k today but it should have been £5k. I sold twice at 2.04 and 2.26 and bought back in at 2.5p and 2.7p. My timing was atrocious. I was convinced based on previous few days it would drop. How wrong could I have been
I am in ‘last chance saloon’ with this share as £100k down on investments with losses incurred on NNN, ARB, POG, VAST et al. With my last pennies I bought 1.1m shares at 0.0025p last week. If this comes good my losses are wiped out and who knows I might even walk away with a profit. Anything over 10p and the last 2 years of financial stress / worry will be behind me🤞
It is not MM’s mis-reporting. LSE works out buy / sell based on mid price. When the price is rapidly moving sometimes the algorithm gets it wrong. Under MiFID directive MMs have to report within 1 min of execution, mis-reporting would lead to fines and huge reputational damage.
Please elaborate. The higher the price the more money for shorters? How does that work? A higher SP increases Mangroves negative exposure. Simple. At some point they will need to close this exposure as the SP continues to rise.
Private Placement
Pantheon Resources plc ("Pantheon" or the "Company"), the AIM-quoted oil and gas company with 100% working interests, all on state (not federal) land, in certain projects located adjacent to transportation and pipeline infrastructure on the Alaska North Slope, today announces that it has agreed to a private placement of 11,905,370 new ordinary shares of the Company (the "New Ordinary Shares") at a price per New Ordinary Share of £0.1878 (equivalent to US$0.2346, being a 10% discount to the six day VWAP of the ordinary shares on AIM) for an aggregate subscription amount of US$2.793 million, to IPGL Limited ("IPGL"), an existing supportive long term shareholder of Pantheon (the "Private Placement").
The Company will pay the full quarterly bond repayment of $2.793 million due to the holder of the Company's outstanding convertible bonds on 13 September 2023, in cash. The funds raised in the Private Placement will be used to replenish such amount and accordingly the Private Placement will be cash-neutral for the Company and should result in materially similar dilution than would have been the case had the Company settled the bond repayment in shares.
It is expected that the New Ordinary Shares will be issued to IPGL on or around 29 September 2023. Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM at 8.00 a.m. on such date.
The New Ordinary Shares will represent 1.3 per cent. of the outstanding issued ordinary share capital of the Company prior to the Private Placement.
Immediately following Admission, the Company's issued share capital will be 919,111,769 Ordinary Shares, with each share carrying the right to one vote. The Company does not hold any Ordinary Shares in treasury. The total voting rights figure immediately following Admission, of 919,111,769 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules
Buys cannot not be published late. Under MiFID regulations MMs MUST report all trade executions within 1 minute of execution. This is a regulatory requirement and firms are liable to huge fines and reputational damage if they suppress such information. This would be market manipulation and would not be tolerated by regulators.
Going to play Noba bingo today, hoping for a full house with a full set of our Noba favourite predictions:
Diamond news imminent
MMS playing games
Wont be selling for less than 5p
Don’t sell the MMS want your shares
This will be 1p by Thursday
I’ve just topped up