Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Probably someone didn't buy quite enough for 3 orders.
This may be why SP is not rising - NTG still fundamentally weak: "Shares in van and car renter Northgate ? which have more than doubled since July's recapitalisation ? are one of the more geared plays on the wider economy. However, the lack of a dividend and a still-high level of net debt (some £706m, more than twice Northgate's stock market value) provide little incentive to pile in. At 237p, or 11 times earnings, avoid says the Times."
At least delisting isn't an option. Although if EGM not approved, administration is.
Cleardebt will either offer us shares or cash (or nothing). I'm hoping for shares.
As a relax shareholder, I'm hoping for cleardebt shares or cash. Not sure what that'll do to cleardebt's price, but doubt it'll be up.
Good to see it's cautiously optimistic: "Trading for the financial year to date is in line with the Board's expectations. Current trading conditions remain challenging, although there are variations across the differing markets served by the Group. There remains a lack of confidence and liquidity in many areas in which we trade, but there are also some encouraging signs in respect of opportunities and new contract wins."
Just added 1 million shares
This is on my watch list... yes, it's a decimal point. Will look like a huge rise when it is corrected!
Not me - the Gerrard bros got another 200K - announced in yesterdays RNS that everyone missed.
I've taken a punt on your (ex) company. I think they are overdue a sp rise. Doing well to get 4% on today of all days!!!
Just bought 3 million shares
board is spreading rumours that the refinancing is good, which is probably reason for rise (and large spread). Skeptical myself.
Must be some good news somewhere
Hmmm - message sinking in.
Well that's good news for those of us who tool a speculative punt on these when they fell recently!
Most of us missed the WHY regulatory notice that Barclays have become a notifiable holder of share with more than 5-6%. Presumably this is good news?
I'm not in big time, but still mildly annoyed! However I have seen an example of another company being suspended and returning. At least it is "just" suspension and not withdrawal!
Pattern of last few days has been a strong start, a retrace, and then a stronger finish. My guess would be 283 finish.
As per NTG this may well rise back after an initial fall.
"Following approval of the Resolution, the Company's Ordinary Shares will be subject to the Share Consolidation, such that Shareholders who are registered in the Company's register of members as at the close of business today will receive one Ordinary Share of 50 pence for every ten Ordinary Shares of 5 pence that are held by that Shareholder." So, on yesterdays close of 58.5p, your 10 shares should be worth 585p... so present price of 407p represents a whopping 30% fall. Must be due a rebound in a few days?