Member Info for fairdealer20

Plan B does not exist. The gullible Directors could not see any further than the end of their noses. They have sat back drawing salaries being funded by the Loans from Viaro.

The next step is BK. To think Swindells refused an offer of almost 100p 3-4 years ago.

Cut my sygnificant losses 3 months ago.

Wonder how much TGR assets have funded the equipment being displayed on Linkedin for Pranagraf??

Anyone so agrieved can make a complaint, you for instance as you have nothing

Dai he will say no more because he realise has said too much. Any experienced investor knows how funding systems work

The regulator

Further.....it would be good for GP to copy and paste the email, redacting detailed names.

Dai, your 1st point is undoubtedly correct, however to say GP got lucky is yet to be proved. If, as stated GP's broker has confirmed the allocation, they may be in trouble.

The retail offer was set-up in a way that should the number of shares on offer be met before closure date and time, Brokers could end the offer early. In our case and I suspect WH could see an opportunity to increase the raise and further secure his remuneration,decided to allow the offer to run to it's conclusion which would enable him to feel secure in his post.

That said, where an offer is oversubscribed it is commonplace to scale back applications. There can be no argument on that point unless brokers are acting disreputably, in which case the Regulator will need to be informed.

Has anyone checked AIM market regulations?

It is hard to understand/beleive how a broker could assure a PI, that shares requested have been met in full, when it has been announced a scale back of applictions was to be announced today.

GP you need to have it in writing as many here will be very interested if their applications are scaled down

Oversubscribed, increased allocation of new shares and individual applications scaled back.

A bit like the Curates egg, good in places.

Could it be anything to do with EU regs that Irish Investors have been excluded?

Only it may well be scaled back once the BOD know the level of demend. On the other hand if demand is excessive, the BOD may decide to take advantage of additional capital, which helps liquidity but not dilution

Serif am bound to agree, as stated previously AIM co's tend to treat ordinary PI's this way, and need to convince the regulator a fund raise has been "offered" to all shareholders, whereas we know small investors are almost gun fodder......of little importance to the BOD and Sharks

Serif that may be correct. I learnt the lesson a long time ago when got caught out by an express bookbuild anounced at 3.30pm to close at 8.00am the following day. It is virtually impossible to transfer or liquidate assets given such time scales. Consequently I keep a modest cash fund with the broker, II.

My theory for such raises,is, Execs and Brokers know ordinary PI's will be isolated which leaves a greater number of shares for "special" investors.

Just my theory which is difficult to prove.

Brightfuture, Halifax are too blame most other brokers are issuing without problem,

II state being a express bookbuild the offer is likely to close early, probably tonight

Mere speculation, likely some creative accountancy is taking place??

Citywire report ASDA & Morrisons are losing market share amidst very high Debt.

Other retailers have benefitted.

J1osf, touche'. Sold out a few weeks ago after several years of loyalty and then a huge loss. What the execs do? Probaly counting the paperclips

PM sold out over 2 months ago. Morning star only give them a 1 star rating.

Barclays have a different view to PM.

Patience will be rewarded.

The deferred bill for Selene attracts a 11.75% interest payable monthly, add staff wages ( such as they are) and Directors salaries, how much will be left if and when the deal with Viaro completes?