If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
Government investing £500m into location data.
“Click”!
That all discussion seems to have ceased........ Last throw of the dice it seems, let�s hope it comes good for all investors.
would love to see how much money the company have left and what revenues we have coming in, both of these things we as investors/shareholders, have a right to know but the company keep refusing to tell us........?
Neptune’s, With respect, you know nothing about me or what I can or cannot do. You also know nothing of my shareholding’s in this company. I left people to their own devices as it was clear they wanted to call an egm rather then follow my suggestion (twice) of a class action. I think fellow investors should look and investigate all options available to them in the future, rather then just jumping on the bandwagon! Let’s hope things are looking better by the end of the year and that I won’t have to step in, it won’t be pretty if I do as I will be looking after my own investment if things get to that point!
So folks got what they wanted and only a 8.62% rise? I did say all along this would be a pointless exercise, it’s obvious that as soon as the threat of an EGM hit the company JK would walk as to not ruin his CV, he already had his position in the NHS so walking wasn’t a big deal anyway and was inevitable. Should have gone for the class action route as I advised, would have had JK and the company by the gonads at that point!
Any update on this endeavour? I am interested in seeing the result of this, imo, pointless exercise. I am looking at potentially tackling things from a different angle, but if that cannot be done then it leaves me with the decision of holding on to hope or dumping my shares.
Your point being?
Not a single post
How is this endeavour coming along?
Neptunes, Mark Slade is just telling you what you want to hear as he knows it will get on the forums and potentially appease shareholders. Bottom line is the BOD are bunch of underperforming liars and are lacking the skills to move this company forward. It is obvious something is amiss when they cannot even provide shareholders with information regarding revenue and the financial business model of the business at a shareholders presentation. I would know because i was there and asked some questions regarding this!
I keep telling you guys, rather then an egm go for a class action!
Calling for an EGM is going to be a pointless task unfortunately. PEEL HUNT will soon reach 30% holding whilst helping load up Mr Leek along the way. PEEL seem to be working for Mr Leek. It is Mr Leek that wants to get hold of PROX and is using the assistance of PEEL to T/O PROX on the cheap, 0.03p cheap! I wouldn't bother wasting anymore time on trying to call an EGM, even if you get to call an EGM and remove JK, it is a pointless task as you need to look at the bigger picture. Mr Leek is looking to acquire the company on the cheap using PEEL and their shareholding to do so. That is why PEEL coughed up and made sure that PROX got enough funds raised in the placing. PEEL make money through fees and acquiring PROX on the cheap to then sell on to Mr Leek or a buyer he may already have lined up. Mr Leek and PEEL will be the ones to make the serious ROI!
Only reason he probably took the NHS job was to secure himself as he knows this company is going down said toilet!
It is a dog. PEEL HUNT accumulating and then passing on to former employees. BOD refusing to divulge financials. Class Action anyone?
Laughable is an understatement. JK was picking the sandwiches out of his teeth with his fingernails after a 5 minute break for "lunch", which consisted of a couple of sandwich platters and crisps from M&S! Thankfully my average is not far off from where we are now and I hope to exit at break even before the end of the year.
Problem is they gave NO indication of revenues or how much companies were paying for these contracts they have with PROX. We are co-owners of this company, if I want to know how much revenue my company is making, I should be told. The fact that they were withholding such information from shareholders/co-owners of the company speaks volumes !
Existing silent shareholder with a large holding. I was present and was not filled with confidence at all. The dodging of financial questions was farcical. Possibility of needing to tap the market/shareholders for further funds, the question was asked and we were advised it could be a possibility "if" things do not go to plan by the end of the year. PEEL HUNT seem to be playing the game and keeping things "in the boys club" so to speak. Real risk of an overseas competitor either wiping the floor with the company because they have superior funds/funding available to them, flip side is they could potentially T/O the company to gain the existing network. Next 3 months are make or break IMHO.
Look who's arrived on AIM!!!!! ;-)