Member Info for Dom-Bella

Haha good one jd

Why do people do 123 codes , does that mean it going down

The 0.06p warrants will take a few weeks at this volume to flushed through , just need to wait a few weeks

One mm is on 0.055p

I think 6s

The last one of 75,017,495 New Ordinary Shares are to be issued pursuant to the Firm Placing and the Placing and Open Offer, at an Issue Price of 20 pence per New Ordinary Share, raising gross proceeds of approximately £15.0 million (approximately £13.8 million net of expenses).now half the price 9.70p

The market cap is now less then the placing ,and the original value of the whole company has gone . I hope there isn’t another placing to dilute exciting share holders again .

They may lose more £ open at the moment, due to the majority of there customers go in at around 9/ 10 at night And table service is a nightmare as they will reduce their capacity by huge numbers .is it worth closing till March after Xmas ?

I can’t see it dropping past 0.06 as that was the price of the new shares that came on the market on Monday

I don’t think that’s going to happen now , March 2021

They will take it down again

It would be better to take it to placing today, then Friday

If the pm says shut at 10pm every night for 6 months , we will drop

Your right Alan heading for 6 , not good

We may hit 7 s unless we get a good RNS update . Most of the market is down

Exercise of warrants and issue of equity



The Board of Vela (AIM: VELA) announces that it has made an application to the London Stock Exchange for the admission to trading on AIM ("Admission") of 1,434,967,250 new ordinary shares of 0.01p in the Company ("New Ordinary Shares").



The New Ordinary Shares are being issued pursuant to the exercise of warrants to subscribe for new Ordinary Shares at a price of 0.06p per Ordinary Share, generating proceeds of £860,980 for the Company. The proceeds from the warrant exercises will provide additional funding for Vela to identify, evaluate and make investments in accordance with its investing policy.



The warrants were issued as part of the placing of new Ordinary Shares completed in conjunction with, inter alia, the disposal of certain of Vela's assets and share capital reorganisations in August 2020.



The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares and Admission is expected to become effective on 21 September 2020.

Sadly you are probably right at the moment

MMS taken it to the 0.10p

MMS May take it down before the 0.06p shares enter the market on Monday , I can’t see it going under 0.08

May be a good time to top up

With the new issue of equity dropping in on Monday , mms may take it down today to have one last hover up
The Board of Vela (AIM: VELA) announces that it has made an application to the London Stock Exchange for the admission to trading on AIM ("Admission") of 1,434,967,250 new ordinary shares of 0.01p in the Company ("New Ordinary Shares").
The New Ordinary Shares are being issued pursuant to the exercise of warrants to subscribe for new Ordinary Shares at a price of 0.06p per Ordinary Share, generating proceeds of £860,980 for the Company. The proceeds from the warrant exercises will provide additional funding for Vela to identify, evaluate and make investments in accordance with its investing policy.



The warrants were issued as part of the placing of new Ordinary Shares completed in conjunction with, inter alia, the disposal of certain of Vela's assets and share capital reorganisations in August 2020.



The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares and Admission is expected to become effective on 21 September 2020.