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The warrants will be amended in line with the consolidation. It will be confirmed in the RNS.
It will get there when they complete the next phase and expecting more in time when he brings more to the table. But it’s not going to do it next week. This is a one off share opportunity put them away and come back in a year. I can not see him diluting his holding so will expect him to fund the projects on a loan basis. Shares will be tightly held by the big boys very soon.
Lovely and sunny on the east coast everyone enjoy to long break. I’m sure the sun will keep shining on us with this one. Glad I don’t need the money so just building the pension pot up in the ISA. Will be very healthy next year.
I agree need to get more as free float seems to be getting less, my average went up a fraction after loading more up yesterday. Good PR will see this multiples from this level.
Let’s see how long it takes to list on main market. Because that will be his intentions. Many could be very comfortable if they manage to hold on to their shares.
Certainly going to see some fireworks next week. Glad I topped up on the drop Friday. The last one who sold 5mil will be kicking themselves. Always said undervalued would expect this to get back up to 20mil MC very quickly now. Reverse some deals in here and god knows how high this can go. Like you say he will not want to dilute his holding and I would imagine the others will hold tight to their shares. Not as if he can not support the company moving forward with loans.
Everything thing seems to be moving at pace, must be a reason for this. They are not hanging about.
It’s crazy, I have never seen this diligence before in an AIM company. Looks like we struck gold.
Anyone still not believing the story !!! https://beta.companieshouse.gov.uk/company/11950514/officers
Now shares are allocated new board members next. They are not hanging about here. Website promptly updated. Seems to be big changes happening very quickly for what ever reason.
Not good to have all your eggs in one basket. But I must say I did consider. Who knows how high this can go.
I know I’m also in BLOE great potential there as well. Their MC should be double.
Come on Degsy you have been around a long time, now you starting to come across a bit bitter. Your better than that wish the early investors GL if your not ready to invest.
Just getting better and better no intention of selling any then.
Could well hit 0.3 now we know mms have not been allocated any of the placing shares. They have done very well to fill the Big delayed buys. But now the information is out there they will struggle to hold it. Free float get less and less.
My nephew was second captain on one of their 5 yachts. I’ve asked him if he knows anything. Nothing to date, but he does like to be in the lime light regarding business opportunities. And for him to want to be known for inventing in such a small aim company, Seems very strange if this is the case. It has to be big otherwise it will be in every investment magazine with his face on the front page. So on that note I believe the story.
Degsy with such a low MC and the company already paying debt from oil. I don’t see a downside personally and now having a new influential holder. I can see some big vehicles been reversed into this. He hasn’t been given his initials for the fun of it. All imo.
Degsy didn’t you manage to get in on the drop ?
We finished above 0.16 so looks good to test 0.25 early doors. Then it’s anyone’s guess. Rather be in than out. The market haven’t been allocated with any stock, and the big investors will know that now. November 5th has come very early. ;)
If he exercise the warrants they will be added to the share register so he will end up owning the same % if the other two exercise theirs is holdings will reduce.