Member Info for itisagame

You do what you want, and trade in whatever way you want, I’m just pointing out what seemed to be a catalyst to the sp rising previously.

I’m Here for the asset sale, if That gives me a chance to deleverage and Have a free long term holding here great as I’m hopeful that the restructuring plan bares fruit eventually.

just looking at the news flow to share price, interesting that in April 2017 they announced the 500m3/day desalination plant deal, a month later the price spiked 3 fold on the day to just over 38p intraday, and then a placing two weeks later at 11p.

theoretically if that pattern repeated with the latest plant deal the price would have to go 1.5p on news day, spike to 4.5p, placing at 1.5p.

not saying it will, just looking at the past news.
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20 April 2017
Sale of Seawater Desalination Technology in China

Modern Water plc (AIM:MWG), the owner of world-leading technologies for water and wastewater treatment and for water quality monitoring, announces that it has secured a sale of its proprietary Forward Osmosis ("FO") technology for seawater desalination to Hangzhou Water Treatment Technology Development Center Co. Ltd ("Hangzhou Water") in China.
The Company will license its patented FO technology and provide its extensive engineering know-how to Hangzhou Water, for use in a new 500m3/day seawater desalination plant, to be built at the Shengsi Seawater Desalination Base on Sijiao Island.
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May 10th 2017
Spikes to 32.50p
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25 May 2017
Modern Water plc
Proposed Placing of up to 15,901,051 New Ordinary Shares at 11 pence per share to raise up to £1.749 million

Modern Water plc ("Modern Water", "Company" or "Group"), the owner of world-leading technologies for water and wastewater treatment and for water quality monitoring, announces its intention to conduct a placing ("Placing") of up to 15,901,051 new ordinary shares ("Placing Shares") to raise gross proceeds of up to £1.749 million for the Company. It is intended that the price at which the Placing Shares are to be issued ("Placing Price") will be 11 pence per New Share. The Placing Shares will be issued on a non-pre-emptive basis, within the Company's existing share allotment authorities.

Certain PDMR have indicated their intention to participate in the Placing through a direct subscription of, in aggregate, up to 300,000 ordinary shares ("Subscription Shares").

watch the tv show gold rush, even if they farmed it out and took a 10-15% royalty of all gold sales with none of the running costs it would add up to alot of potential money, and if its surrounded by big miners and mines already in production that could be an easy option with zero dilution.

on iphone use the app adblock plus. then go in to ios settings and enable it. i dont have any problems on my phone with LSE.

use adblock, sadly these days the internet is barely browsable without it, adverts,scams, pop ups and malware everywhere.

A short term loan with payment in full on asset sale.
Extra shares and admin fees as a sweetener.

A proposed placing, on condition of approval at A GM to increase the headroom is standard stuff.
Low issue prices, warrants and fees Are all incentives they use.
It’s always possible.

Yes the past offering had low uptake most people here have read the few RNS that we have had this year so are fully aware of this, and the historically low sp is why a lot of us are here.

MWG was the parent company who was owed the majority of the money by its now liquidated subsidiaries, hopefully in time they can use these losses in a tax beneficially way.

We all know the potential downside, we know the potential upside, we are all adults and make our own choices.

Either way, we will just have to wait and see.

Ok I’ll bite, We all know what they could do, it’s a Pretty simple answer.

If Mwg needed to it would fund itself in the meantime before asset disposals it would do by the regular ways that every company does, either placings, convertible loans, regular loans, short term loans or other funding facilities.

Or you could speculate and say maybe
- the sale of an Alternative asset, patent, long term or licence long deal
- they might even get a few more orders over the threshold and not need extra funding in the short term.
- they might even get a new JV partner on a new continent that pays for a licence deal upfront.

- Or let’s speculate more and say maybe sunup wants to secure the products that it’s new factory will be building long term and buys a larger stake in the company.

All possible.

It doesn’t have the running costs it used to, once the restructuring and disposals are complete I’m sure we will have a better idea where they stand.

Have a nice weekend all.

Can you work harder with the negative posts, as it’s NT to buy any and I don’t want to pay >1.3p. TIA.

Umm.... did I hear that right... Exceeds the detection limit of the kit they used in every sample bar one?

Drones sound a lot more fun then trains. Interesting use for the lidar.

It’s 75% of VOTES CAST at the GM. So If only BV vote they will have 100% of votes cast.

Basically You need ~9.6m shares between you to ensure that you stop it.

So How many shares do you all own combined?

Been down this road a few times on various shares.

~£800k Mcap at .20 with the 400m shares in issue btw ;)

Typical can buy now it’s rose, only been trying since 7.59.

Sod it I’ll try later, only quote I’ve managed to get was £50 at .19. GL

NT, can’t seem to buy a bean.

Now accumulate and then call a gm to boot Simon off the board. ;)

It’s not rocket science this is why they are taking it private

“ Pursuant to the Distribution Agreement, BV Tech:

i) will have the sole rights to sell Defenx products to certain bodies within the Italian defence, space, national security or critical infrastructures sectors, through to the end of December 2023 for which BV Tech will pay Defenx a total consideration of €1.0 million, to be invoiced in three instalments before the end of H1 2019. In addition, Defenx will receive a royalty fee equal to 50% of any revenues from the sale of its products (during the period to 31 December 2023) to such clients in excess of €5.0 million; “

It’s Cheaper for BV to take it private, take the software and keep 100% of would be royalties .

Once delisted You might get an offer from the company (or BV tech) to buy the outstanding shares but that’s about it. It’s a red or black bet.

In the next RNS can you confirm if this $106k (dollar) settlement is in addition to the £106k (pounds)external debt you stated in the 6th November RNS?

I expecting it to be in addition but it’s Strange to have 106k as both figures in both currencies .

“ The Directors believe the Placing to be the most appropriate way to provide the capital necessary to meet the Company's future requirements. As at 5 November 2019, the Company held cash and cash equivalents of approximately £63,000 (unaudited), and had external debt of approximately £106,000.”

Sounds good apart from...

“
The Company has now reached an amicable out of court severance settlement with a former senior employee of the Company in Argentina who was released in April 2019. Whilst the Company remains hopeful of reducing the agreed settlement if it can, the current settlement entails a one-time cash payment of US$36,000 payable shortly followed by 20 monthly instalments of US$3,500.”

They kept that quiet!

Some reasonable buying hidden amongst the red today.

Currently NT to buy.