Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
If there was no hope of an RTO Peterhouse would have not advised them to push for the suspension to be lifted with FCA as further funding could/would be needed and would be arranged through PH clients. That would be very deceitful if they didn’t have a few company already interested. Watch this space.
If Zak isn’t involved why is he on todays RNS he has been told not to discuss anything. How does he know how much Peterhouse have done in his report if he is not involved. His comments say it all..
Comment: This is a RNS that perhaps some might not have expected to see. However, it looks as though there may eventually be a result here, helped along by those good people at Peterhouse. We look forward to seengi the new reboot, given the pain associated with the previous incarnation.
Read this report from Zak, I find this very interesting how he highlights the involvement with Peterhouse if you check out media involvement he is the port of call so knows more than I do.
Dukemount Capital Plc
Geoffrey Dart / Paul Gazzard
Media Enquiries
Miriad Media, Zak Mir
Tel: +44 (0)7867 527 659
Broker Enquiries - Peterhouse Capital Limited
Lucy Williams / Duncan Vasey
Tel: +44 (0) 207 4690930
Dukemount (DKE) said it has been in discussions with the FCA following the suspension of the trading of the share capital on the Main Market on 1 November 2022.
Author @ZaksTradersCafe
During this period the audit for 30 April 2022 has been finalised. The company said the process of lifting the suspension of the trading of the shares has taken time. This time has been spent enabling it to move to reposition Dukemount in a manner beneficial for stakeholders as a whole. The Board will now set about searching for a new target company and business to pursue as it repurposes Dukemount and will work with Peterhouse and its other advisors to facilitate this. This process will commence and be undertaken expeditiously and it hopes to update the market soon on the next steps for Dukemount.
Comment: This is a RNS that perhaps some might not have expected to see. However, it looks as though there may eventually be a result here, helped along by those good people at Peterhouse. We look forward to seengi the new reboot, given the pain associated with the previous incarnation.
Peterhouse have a large client portfolio and I’m sure they will have a few companies waiting to list on the main market that will be suitable for this RTO. I know DKE have been in constant discussions with Peterhouse as I email the nomad often. Unfortunately price sensitive information cannot be discussed. Agreements have to be signed even when taking involvements with placings as to not disclose price sensitive information in public domain. Peterhouse will have also been involved with the FCA so if suspension is successful tomorrow then they will be happy to what’s going to happen moving forward. RTO’s are not for everyone and are never guaranteed but when they do list can be very rewarding. Remember this is a main market RTO and needs to be at least a £30mil listing so not you normal tin pot company will be able to list.
The positive spin on this is they have Peterhouse as their new broker. I personally have taken part in placings for RTO’s through them and they have been successful. This is a main market company opportunity not the normal AIM RTO. The BOD’s have good credentials so imo have something up their sleeves to make sure this suspension gets lifted after such a long time. The SP was already priced for a company shell before it got suspended so don’t expect it to tank. Will be looking to buy and see what the board are up to.
It could well be less than 10% I’m giving the worst case i know that at least 60% are held in tight hands. Imo anything more is a great bonus and will see the share move very quickly with buying pressure.
56% are held by individuals/institutions 3.4% held by the board, plus or minus the 10% that is held through pi’s unknown to date with the buying and selling. Worst case 40% available to trade.
If you do your research you will find that less than 40% of the share capital are available as the rest are held by institutions and the BOD’s less what PI’s are holding like myself. I have tweeted the list of holders on my twitter platform. When the contracts start to land the small amount of shares that will be available will see this jump very quickly.
Kelly has already swiftly cleaned the company up, he has acquired shares at a higher price so believes he can take the company forward. He had already Reduced staff considerably to cost save or just got rid of the dead wood. He is renowned for turning companies around and reaping share value. The market see this at the bottom and now have a transparent audit. As new contracts land with Kelly’s knowledge and background this will slowly recover not overnight but with every new contract he and his new team land. Imo one to sit and hold.
Cash at 30 June 2023 of $3.2m (31 December 2022: $19.1m) Fund raise was July. See a few want to get in cheaper. Read the full RNS rather than make yourself look stupid. Plenty of funds available.
This stock is unbelievable hardly any coverage but buys continuously keep going through but showing as sell due to the false spread. Five mm’s on the book now and limited stock available, cannot predict how high this will go.
681766 held feel free to add.
Looking for 2.5p-3p https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-weekend-bulletin-board-heroes-july-10-f624547/
Gold prices always get manipulated when oil prices are high. Unfortunately this has been manipulated more using the invasion, in turn this has given a one off opportunity to invest at a ridiculous low level and many are cottoning on and seeing that this will recover very quickly as it’s extremely undervalued. Regardless of the situation the price should never be this low as this has always has been a billion pound company. In the meantime the gold is now getting stock piled and gold prices will increase so the company will be in a even healthy position. The outstanding loan that needs payment is out of the companies control but they will have assured that the funds/gold are sat there and more than cover any outstanding debt. This will keep rising next week as the volume starts increasing Thursday/Friday was the start of the recovery.
If they ease the sanctions this goes to double figures.
They are trying to hold it making it hard to grab anything. They need to just let it go.
NT to buy and sell they have halted it lol don’t want you to have cheap stock. Could well be someone wanting large amounts.