Member Info for itisagame

Maybe the custodian had actually been loaning them out to short sellers and were unable to close their position by buying back the equity so the stock could no be returned .

Tax deductible

British Volt was a marketing scam, they just wanted to get the grant money off the government, it never the capital for proper backing behind it because it would never have been a viable company, was just a salesman trying to sell his wares to secure a huge salary for a while.

If it didnt go bust now it would have later, it would have been pumped, listed and eventually died, and billions in retail / ii / pension funding would have been funneled out of the stock market with it.

Atleast TWD has its freehold site :)

That’s Much better than the £0 some kept saying it was worth when license expired.

And... that 1.7p to 1.36p was the pull back, 20% from the highs if anyone took it.

imo i see 1.25p as the potential short term downside price, 2p is the potential easy upside price, with 3p being the eventual target before dropping off again on uncertianty about if there are no new purchase agreements made with the company.

All it takes is one RNS confirming new orders after July 23 and it become a much easier hold.

don’t be surprised if there is a pullback to clear a large chunk of placing shares, being +60% and free warrants is to good for brokers / underwriters to not take for a weeks work.

Wont be many of them as most placing shares are accounted for by TR1 holders with interest in holding for journey.

Going well for every buyer that bought this year

I wish more non holders with the ability to contribute posted in all stocks, always good to hear potential downsides / upsides and neutrality - in many cases If I took more onboard I would have saved money, can be hard to filter the wheat from chaff sometimes from all sides.

That’s what they said but as other have said all it takes is a few new orders to extend the cash runway with some paying upfront it’s very possible that a new raise won’t be needed.

As I see who’s bought the placing and the cash invested in starting to think that line was to push the placing price as low as possible and make the market think it was justified, in reality the company just got taken over on the cheap by new investors and the previously invested have just averaged down.

Octopus TR1, 54.9% accounted for.
Total accounted for
282,130,770 54.90%
231,733,442 free float confirmed that need to find a loving home.

Total shares in issue 513,864,212

FYI Unicorn have not sold, it’s the same number of shares held as prior to placing, they have not added any either.

So it is, need to know if any others.

Ps I see green @1.18p

Then I look forward to the TR1s confirming who’s holding what and once they all come in we can calculate what’s left as free float.

“ The Placing proceeds will give the Company an expected cash runway through to start of production of the New Commercial Order, and then upon completion of this production a further runway to August 2023. Funds from the Open Offer will help provide some contingency cover to deal with any potential risks associated with start of production.”

£12.5m raised Dec 2020 at £2 / share.
Highs reached Jan 2021 at £3.60

If you ignore the tens of million already sunk in to TWD then hitting 2p short term should almost be a given based on where the company stands and it’s cash at present.

Ps Far from the “majority” have been flipped, it had 38m shares in issue and now had >500m in issue, volume prior would have been a maximum of about 50m shares flipped. So 400m shares at 1p still need to find a loving home.

Yes.

As of by magic… the settlement issue has disappeared…

Bit bloody late, Would have been nice if they settled them and let share holders trade or vote with stock they actually own before the release of new placing shares and even let us have that mother of all squeezes by delaying the GM past their T20 settlement dates ;)

2. Whilst trading in Trackwise Designs plc shares has been suspended, the Exchange has continued to monitor the settlement situation which has now improved, therefore, the Exchange will restore Trackwise Designs plc to trading with effect from the start of business on 10 January 2023 with the restoration taking place at 07:30am.

It’s back, it’s cashed up, let the placing pump happen and everyone bail out profitably before the next cap raise ~August 23

Nov 22
Production from the Abu Sennan licence as at 22 November was 1,027 boepd net to the Company's working interest.

Sept 2021
"During the first half of 2021 three successful wells were drilled on Abu Sennan and the Company reached record working interest production of 2,730 boepd, delivering strong operational cashflow."

That is quite a drop, sept 21 so was ~3p, today it’s 1p, markets been consistently pricing UOG shares at 0.001p per barrel / day.

How much is left on BP facility? I saw it was extended to Dec 23 and underpinned at $70 / barrel