George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Hi CJohn,
There are one or two apps such as Signal which are encrypted and much more secure and private than the likes of WhatsApp etc.
We could set up a private group there.
I don't know if that helps or indeed is what you meant by your posting
Kind regards,
Grawostac
Fingers crossed you are right which is written as another LTH of some 11 years and 8 weeks standing. If only I'd bailed out in 2015. Hey ho! I wish you and everyone else the best of fortune with this maverick holding.
I have looked on Android Play Store and would you credit the download is free so it must be dependent on those annoying pop up adverts to generate revenue or onselling their subscribers' details.
I was wary of venturing further into the app in case I got stung for any disguised charges.
It will be interesting to see what Spam I receive in the coming days having delved into the app.
I hope this helps.
Could anyone kindly tell me, and I would imagine other long term holders, how one can establish what the offer price would be on our shares should we wish to sell?
If I have understood the other helpful postings on here one needs to make a blind offer (which is a stab in the dark) that will be assessed at a monthly reckoning and you may or may not be fortunate???? Surely there is a more scientific and transparent method or am I being daft?
I don't know if this helps but when I was palmed off with theses hares in AIMI, as it was originally styled, by Andrew Meikle in December 2009 as compensation for a sizeable unpaid consultancy invoice I was told that Desmond Holdings were behind the company and Desmond himself actively involved from his Hong Kong base.
I must admit I was most naive in accepting these shares but the DD I did at the time convinced me this was true and maybe they weren't such a 'pig in a poke'...........
On the 1st March 2010 I accepted these shares, then listed as AIMI, as partial compensation for an unpaid consultancy invoice by one of the original directors, namely Andrew Meikle. Over this period of time they have see sawed, and I probably could have cashed them with an acceptable profit at times but missed the chance and thought I was saddled with them for evermore at their recent depressed price......I tuly believe I might have the opportunity to break even again if they get to the dizzy heights of $6.70. I just hope the other long term holders will benefit similarly. Is there anyone still out there who acquired these eatlier than I did I wonder. Whatever I wish everyone well.....Good luck all!
I'm still here and hopefully will finally get something back on these shares that were passed to me to cover an outstanding and unpaid invoice (originally owned by a founder of AIM Plc as it was called back in 2009). A 10 year wait to get paid for the consultancy services then delivered is some wait........
Good luck to everyone else and let's hope the buy back goes smoothly at long last.
I think you could well be right. The pyschology being take the price down and be rid of the nervous PIs then evoke a small rally so those not totally spooked think maybe I should sell as this is the best I'm going to get.....Ergo even fewer PIs and the way open for 'others' to reap from the buy back even more?? Fanciful possibly.....
Hi Rusty, I must admit I'm rather puzzled by events (through pure ignorance and unfamiliarity with the current position) and by personal research have come up with the following.....if a company wants to buy back its shares it has to make an offer from its own resources (whatever their origin) to fund this. So they should approach each shareholder with an offer to buy their shares back at 'x' price from those funds. They have stated a figure of $10 per share so if one owns,say, 5000 shares the Board should offer the holder $50,000 for that holding (less any incidental expenses). Additionally if there is no market in the shares (after their market listing withdrawn) why would one want to retain their own holding because the stock would be untradeable unless a private buyer found? And what joy would that buyer have if they held the stock? No influence or power would attach (as now with a listing!!). Very confused it all seems to me. Hey ho. Grawostac
Thank you for your kind reply Rusty-you make a lot of very good and valid points. The sheer powerlessness of the situation causes the feelings of frustration that investors/shereholders evidently demonstrate......be it with the limp regulation of AIM,the issues around the BoD, or the market makers......to name but a few. In a way I feel a tad responsible as if I had taken the action I had been advised to take in 2010 to recover the consultancy fees I was owed I don't think they'd have been an AIMI (the original name) to become CRV. So much for the perfection of hindsight. My only (scant) consolation is I appear for the prosecution as a chief witness in a fraud case, to be heard in December this year, which involves serious charges levied against the very individual who foistered me with my share holding as part settlement of the monies owed to me. I just hope my pessimism that any good from my cussid reluctance to dump the shares for what I can get proves misplaced. I also hope that you and everyone else similarly exposed eventually get some worthwhile financial return for the fortitude shown. However a lot of personal satisfaction would be gained alone if a forthcoming financial rectitude was finally evidenced from the responsible parties........ I wish you well and the very best fortune in bringing what you can 'to heel'. Anon. Grawostac