Member Info for Jackal5

You mean quiet don't you. Always has been.

that although it would have been great for it to open like last time, it's actually great to have a business now here. Pretty much all will need a large increase to break even, but I don't think it's out of the question. A government/NHS/large company contract and it will add plenty to the SP. People can make the decision whether to bail or stick it out. We will no doubt see new money moved in as well.

That made me smile yorkie.

Trading begins next Monday 17th August, 8am. It sounded like the shares may not show immediately, but I would imagine if not, very soon on or after 17th.

Well it's £1.5m more than prior suspension! What seems to be the case here, is REACT has been a small part of a larger business (Autoclenz). They may have been constricted to grow the business and now they are an independent entity, this will enable them to do so. It's clear from the admission document their plan is growth, so the current £1.5m I expect to increase fairly significantly over time, if they get it right.

This is a company already in profit with a turnover of 1.56m, so on the face of it I would say yes. They are going to have 1.5m or so in the bank, some of which seems to be earmarked for future acquisitions. They may be tapping into a fairly niche market where growth is high and so are profit margins. Helium have been happy to stump up a further 710k at 1.68p. I suspect there are some plans already afoot, but AIM is an unpredictable beast, so you never really know.

37 million of the shares in issue are at the new 4p consolidated level. The remaining 235 million or so are at 1.68p. We are therefore likely to open closer to 1.68p than 4p.

I work out my average will be about 3.8p on admission. If I buy what is being offered, it will take my average down to about 3p. It's a tough call.

this steakbake - if there was no consolidation, the company are issuing roughly 6 billion shares at half the suspended price of roughly 0.07. Just imagine what that would have done to the share price. There is no possible way it can open at 3.6. It would be completely disregarding the share issue.

First of all Steakbake, Lloyds have got that completely wrong. You can do the calc yourself. They are offering you 13268 shares at a price of 1.68p. So 13268 x 0.0168 - £222.90. They are only looking to raise a potential £0.41m so consider some of the larger holders, if it was £22ks worth they were offering you, they'd soon reach the 0.41m which is not viable. Willarmd - your calcs are correct. Highly unlikely that it can relist at the same price after consolidation, as this has been heavily discounted at 1.68p. However, unlike usual consolidations, the majority of the new shares are not in the open market, they have already been purchased. Thus meaning a rise could quite easily happen on open if there is the demand. With a turnover of around 1.5m, the placing money, then a value of 4m and an SP of 1.68 appears fair. However, like you say, the company are an unknown quantity and I feel that there is large potential there. Why do they need over £1m as the business is already running fairly successfully. I guess they want to expand and on a fairly big scale. Yorkie, I'm being offered pretty much the same. I'm seriously considering it, I just need to weigh up the possibility of people want to sell on re-admission. My feeling is there will be demand and the price will rise, if they can announce some early news then we may sustain any rise.

3.6% under the new share structure.

MCap is £4.2m - £4.6m as contained in today's document, that does give an SP of roughly 1.68, which will be the open price. The reason for this and not re-opening equivalent to close price, is due to the dilution at 1.68. There would have been only 37m shares in issue prior to the new placings, instead we have 250m shares in issue. Most of those issued at 1.68. Therefore it makes sense for this to open at that price. Our saving grace could well be the amount of shares available to the public, on small volume it could go up or down very easily. Throw in a contract or some positive news then we may see some nice movement.

Just been reading it all through. At first glance it may look a little depressing, large discount to closing price to issue new shares etc. However, it's raised £1.75m, there will be about £1.2m left after expenses etc, possibly more depending on open offer. The turnover of the company is £1.55m, with a profit. Correct me if I'm wrong but there is no debt. There will only be about 37% of shares available on the open market, and of course a fair few of them are already held by us lot. With a closing MCAP of 1.44m, on paper the transaction looks good. It will all depend on how the market reacts. Those that bought a lot higher than the closing 0.15 price, may be in for a long wait to see any return, but the open offer price could be a good opportunity to average down a little.

I noticed he had an interest in Ocutec as of 08/07, the day after our RNS here. Could well be linked, sure we'll find out soon enough.

You would certainly expect that if Reynolds et al have been working on this for 6-7 months, that the deal with have a higher intrinsic value than the current MCap of £1.44m where it closed. Would it be worth there while on anything less. Depending on how exciting this new prospect is, will dictate the SP in the first couple of days and possibly weeks. Could be many wishing to get on board based on Reynolds track record. Let's hope we do turn the corner here and actually have something to build on.

You are quite right with your calcs. I think it all depends on the RTO, if any figures are announced. Usually out of suspensions shares have a tendency to fly if news is generally positive which on the whole it will be. However, with the consolidation, I'm not sure how it will pan out. I'm just please we'll be coming back to the market, with something solid. If Reynolds is involved moving forward then that is great news. It has take a fairly long time to sort out, you have to ask yourself, anything worth less than £2m, surely wouldn't have been worth it. That is more than our current MCap, so I am mildly hopeful of great things to come.

Certainly when this opens PK, you feel there will be a surge....if the RTO is attractive, placing could be at a premium like before. Watch this space!

If they come back then this a good news. I'm not too bothered at the moment about the finer detail, if they come back with a deal which now seems 95% sure, then great. Hard to say at what price it will come back, the placing price etc, just glad that finally VMP (or whatever it may be called) will have something to build on.

You know that if it does come back with a deal, we'll see a huge rise from where it suspended. I did have a small top up prior to suspension, a risk vs reward kind of thing. I have done very well here so far, so if this does not come back nothing lost. In hindsight I would have sold the lot at 0.8 region, but keeping 1m may have seen massive profits, it still might!!!!

Me 5.