Member Info for Fregatr

I respect your concern JR but is this really a government concern. Frankly you should be petitioning the LSE? I read nothing into these figures as every deal has a buyer or seller. GLA

So we are delisted! Is there any value left and can we sell anywhere?

NOTICE 21/06/2016 7:00am NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM GREKA ENGINEERING & TECHNOLOGY LTD At the request of the company trading on AIM for the under-mentioned securities has been cancelled from 21/06/2016 7:00am.

Might as well delist is Randeep has a nearly total interest?

Good to see some of the old timers still here. Merlin, I think you are right to top up and average. I have done the same but I need one AIM to take out the loses on this and other AIM Shares. Churchill is my only serious hope. Fingers crossed here to get my money back here but I've almost given up!!

Frankly I don't see much reason for the recent rise except it should never have got this low in the first place. But I guess that's a good enough reason....

Still 16% below the sp and 1.5p next quarterly dividend discounted.

Double your price and then I'm in profit! I'm finished with the AIM once I get out of this and a couple of others... I certainly pick them. Ou do have one left that could pay for the lot but it's a huge gamble! GLAIs here though.

Do you have any reason to believe the shareholders will get anything once everything is sold?

Got excited 25% up! But just the offer out at 4. Still something might be up. Only another 15 5p for me to be back in profit....I dream on!

Net Asset Value As at the close of business on 31 March 2016 the estimated unaudited Net Asset Value per share was 90.41 pence (including accrued income). What am I missing...20% below NAV and still paying the same divi.....

Apologies the rest of my message was lost! The current quote is 0.05 -0.1. This shows a spread of 100% working off the bid.. The open was something like 0.001 - 0.1 so the bi was as near to zero as you can get so a move from this to 0.05 is several thousand %. It's a computer calculation which can't recognise a pointless calculation.

The price closed 0.05-0.1

The Only interest should be Barclays who have a significant loan out to Alpa at a huge percentage and they want their money back! Reminds me of Faurbtiar Homes which were suspended and saved by I think Bank of Scotland they then did a something like 100 shares for 1 and traded at 2p. The good news was they went to at least 80p a couple of years later. Here I fear it's kiss goodbye.

Seems like yesterday they spun this out of GDG so can't see why they would want to delist it but it all looks a bit fishy. Mine stay in the bottom drawer and I won't be adding...

Out f interest, are you short, long or just want prove everyone wrong?

Thanks Crash and Koolervanme. Appreciate your input which backs up my fears. I believe what they have works well but unless GDG fills the order book there is little hope of pulling any other big orders out of the bag. Frankly little point in selling at this level though miricles can happen! Have a good weekend,

I bought in here because I believed Greka were at the cutting edge of technology and at least they have proved their potential but may be other drilling companies are making progress and the company is loosing it's advantage. I guess this is a typical AIM share...20:1 odds against winning. Bottom drawer with a couple of others for me. At least I didn't bet my shirt!

I decided to act on the old adage sell on rumour buy on fact so cleared out this morning at a loss but didn't have many. If the news is good, GDL will bounce and that's where I have a sizeable investment. Time will tell. GLA.

Seems crazy but all Greka shares had dumped for little reason so a mere comment in the papers put us back where we aught to be anyway with more to go IMHO.