@ Strummer. I'm still waiting for the notification that Kabunga has exercised his remaining warrants. 2 weeks after the expiry date and still nothing. Does this mean that ACP have not received the cash? Or maybe Kabunga hasn't exercised his rights to buy because he has no cash? Either way, we should hear in due course.
@ lodan1. I'm hoping that EVR are trying to see how the "little people" feel. Some are clearly happy with the suspension, as selling by some of the bigger holders (no names mentioned) would have had a detrimental effect on the share price. I, personally, would've kept buying. Funds permitting.
@ usernames. So you're saying that the RNS put out by EVR is disingenuous? The NEDs walked? Or were they coerced? Maybe that's what EVR thought the FCA may want. Does anyone know why they walked? I think 30% holding applies to takeover bids, not resolutions. I could be wrong. But i will point you in the direction of a FTSE 100 company issuing a legal statement. RA does not control this company. And regarding the 6 NED's that resigned. Were their appointments into these roles sanctioned by RA? Not according to the RNS of 10th March. This is how i see things.
RE: 34 million 2.2P Warrants 12th March15 Mar 2022 18:46
Shouldn't there have been an RNS informing the market of Matt Bulls increased holding?
More importantly though, why hasn't there been another RNS regarding the other warrants? These expired on the 12th. I stand to be corrected. Surely, anybody with half a brain would exercise and sell, if necessary?
ACP would have to release this warrants information, if they had been exercised.
Does that mean that the warrant holders have lapsed their warrants? However stupid that may seem.
@ JH. 30 million 2.2p warrants expire on 12.03.22 Another 20 million @ 3.25p expire end of April, early May. Can't wait to see Kabungas holding in mid March. Along with the HNWI's (who are shareholders) end of April. I wonder if MB or Kabunga are part of the 3.25p warrants.
The best share on AIM because of it's huge potential. Correct me if i'm wrong, but everything is in place apart from funding. The project economics stand up, with a ridiculous 18 months payback on fully funded debt. So there could be absolutely no equity raise. Why is this price so miserably low? It makes absolutely no sense to me. Is it any wonder that the majority of investors lose money? I'm still up, but seriously considering my investment here. Let's see what happens post warrant exercise in early March.
MATT BULL. YOU SAID THIS WAS POSSIBLY THE INVESTMENT OF THE CENTURY. PROVE IT!
There are 30 million 2.2p warrants due to expire in the next 6 weeks. Of which i think MB and associates hold about 20 million. When these are exercised surely that will give the price a boost, and may be the catalyst for further rises.
@ Dynamo. That may well be the case. Those were pretty much his exact words. And talking about %ages. My manager said that on one of the many conference calls that he goes on, his OM said that December mail was down 20% on last year.
@ OliG, Redceo. ""would mean that some bad news is potentially on the way?"" Like the xmas figures aren't as good as anticipated? A friend of mine is a manager in our mail centre. He told me that xmas 2020 was the busiest he had ever seen it and xmas 2021, the lightest. Can't wait to see the figures.