Is this drop orchestrated in order to convert at a lower price? Every time we see these companies involved in financing there appears a death spiral. Although we are told shares are not shorted, but it is funny how the price goes down to a level where cash is exchange for a lower share price. Is this all orchestrated? Sill how much can it raise and with the exchange be even lower and at a bigger discount? Looks like Administration beckons.
Then upwards from there. Company is valued only just above that of cash. Doctor Graham could take this out easily. Then combine it with his many interests. Looks like seller is out. Good buy at this level. I just bought a few...
Doctor Graham must be upping his stake. Not much more than cash value. Buys flying in now. Looks like the seller is out...Good RNS holdings soon. STAKE BUILDING.
The company has stayed afloat as people were daft enough to continually buy its shares despite the history of failure. Looks like no one want to buy any more. So technically it can no longer to continue without selling shares. We know it is attempting to sell shares as that was why it requested authority to do so. I cannot understand why investors gave the company authority. They knew they would be wipe out in another heavily discounted share sale. Its the end no matter what the out come. Could all end this week or even days. The company has to announce it is having difficulties to to raise capital and failure to do so would put the company in jeopardy and administration. WILL IT MAKE THE NECESSARY ANNOUNCEMENT? Cash is gone and the company is not a going concern? LAST CHANCE SALOON . RIP
At very best scenario it can issue about 2B shares but probably not raising much more than £500,000. Even if they could raise £500,000 it would not last more than a few months at best. Look like an announcement early as this week that the shares are going to be suspended. Going in to ADMIN
If anyone wants information to what action is being taken by the LSE about the short selling or forward selling of CPX by insiders with inside info, they can phone 0207977973666. Phone up giving reference CPX they can give you information or lodge your complaint. Or email to mktsrus marketmonitoring@lseg.com
RE: Company is struggling to get away the next fundraise.29 Apr 2024 09:25
Suspension anytime. No longer a going concern. Then again it could get another fundraise. 10B -20B then it would completely wipe out any value remaining. Its going under for sure. No fundraise then its admin. Get a fundraise away it is complete wipe out. RIP
Company is struggling to get away the next fundraise.29 Apr 2024 08:29
If there is no buyer it is the end of the road. And not soon enough. History of failure. The company is kept afloat with share sales. No one wants any more that is the issue. Even though daft shareholders gave more authority to issue shares (how daft is that) will they find anyone to buy them? Look like admin is days away. I suggest the company will collapse in May 2024 RIP
A future of fundraises and dilution and complete wipe out. Cant see why people still buy this share. You can almost guarantee endless issues of shares and consolidations. Going to be 10,000,000,000 share soon. Then the rinse and repeat. Avoid.
DIRECTOR SHARE HOLDINGS LOOK SO LOW24 Apr 2024 11:27
From what is reported on this site below on director holdings it is damn low. Not sure how correct it is but it seems the director's actually own so few shares, it is diabolical. Obviously they are not confident in the business doing well or they would hold more. Seems a long time ago they bought shares and nothing since.