Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Far away from monetisation. Still more dilutions to come. Another life style company that keeps a management on a gravy train. Will it ever even monetise this asset? Is this one going to end up in administration like so many AIM companies. So many caught up in this that have lost so much. How long to the next dilution? No one will make here.
£1.5M could last about 4-6 months at best. And as it is very unlikely to have any earnings by then, will they do another fundraise then? Cant see who would support another round of funding. This company is more like a charity, it is dependent on a never ending influx of money from investors gullible enough to constantly give as much money as demanded.
NO ONE WILL BUY WHAT EVER IT IS THEY EXPECT TO EVENTUALLY BUILD.
Soon they will be looking for more money which basically more shares and more dilution. AVOID
They slap the wrists of companies that forward sell. Many do it. They must just not get caught and when they are caught the Stock Exchange gives them extra time to settle the forward selling where they failed to settle. Why give these people more time really? They should be forced to buy back. Why suspend trading but allow them to fulfil a contract and get more time than the rest of us. This suspension helps out the 3rd part to get the shares they sold that they did not actually have.
Yes they can forward sell. As we can see. Now they (some agent or 3rd party) have been given favourable outcome that the rest of us mortals do not have. This is beneficial treatment. This is been happening on AIM on a continual basis and on occasion those sellers get caught out unable to settle.
Now they (the 3rd party) now has time to get those shares that they actually sold. Bastards.
As this breaks rule 1020.3 an guidance rule 1400 the 3rd party and or agent has lost control of or and its internal procedure is or was unable to settle said sales. The company or party is now to be censured.
We all knew it goes on and that it is illegal. Some bastard has been selling shares it does not have at a higher price then expecting said to be issued shares bought at a lower price.
The stock exchange will no doubt help said company out, giving more time to settle.
Nothing to do with CPX or its management. a
This will come out of suspension when agent gets his discounted shares. Just a slap on the wrist. The Stock Exchange know this goes on and has done for some time. It only becomes obvious when the rules were seen to be broken when these guys doing this are unable to settle.
If share holders vote down the issue, the agent will not be forced to close their short. Their friends in the city will create a workaround. The Stock Exchange will no doubt work to help the shorters if worst comes to worse. Obviously that action should also be seen as illegal but will it?
Great time for Dr Graham to come in and bid for the company. How will shorter manage to buy back sold shares? How about if the offer from Dr Graham is conditional on no fundraise what happens then? You can bet your bottom dollar the Stock Exchange will step in and help the shorter to get their shares and the pre-determined price. Damn it is the Stock Exchange itself that should be censored and fined. They are part of the corruption. The suspension is to help out their friends. For public purposes it will not doubt issue a small fine to the agent and let them keep the profits.
I have bought shares before where the broker could not provide the shares.
SQUEEZE
Flying now
Just hit 28 pence
UP nearly 13%
leak leak leak
Possible news of a new order/contract and or someone had a whiff of better results than expected. Seems to be a clear new trend established now. Onwards and upwards as shorters forced to close. Could jump quite high.
Looking very good.
This could move fast. Which shorter will lose their nerves first?
Up 7%
Moving up..
Up 20% now
New low. wow 1.7 shocking
One more last attempt to raise cash. 0.005 then its over as people are sick of buying these shares at lower and lower prices. Perhaps one more consolidation? lol
Up 55% now
2.6 - 2.8
UP 39%
What a turnaround