Member Info for jonesrichard

My understanding is that it has to be voted on by SH?

Really depends on what sort of ROI is offered upon resumption of trading, may be too much to not sell plus money being tied up for a while now so obviously some may see what they perceive to be better opportunities to invest elsewhere

What time tomorrow should we expect results? Before the 6.30pm RNS cut off time? Or first thing Wednesday?

What do you deem good enough to get your vote?

Don’t think it will be earlier than 28th March as they stated 24th March for vote and vote dates arnt usually brought forward at they?

I see, still seems to be scope for a multiple pence sp soon enough then, just perhaps not when trading recommences on March 28th.

Well Matt, you have stumped me, not sure where someone got the 2.6p sp calculation from earlier then.

The one thing Tennyson can’t account for is the demand during the primarybid offer process, what happens there could completely change the complexion of everything, also I presume that Tennyson are independent and not paid by companies? Like they wouldn’t be working hand in glove with BCE? If not then I’m not sure how they could possibly have any idea of the final make up of the deal, or am I being naive?

I hope you’re right, admittedly that is a 2700% increase from the current price which I’m guessing will be inconceivable to some no doubt.

Minimum 2.6p to kick off would be decent for sure. Quietly confident?

If it is then it could close tomorrow, which obviously would be a great sign.

A 28p sp would be excellent. Let’s see!

Guess some will naturally slice if it does kick off beyond 2p for example, at least only have to wait three days max now until preppie can get the calculator out to figure out if we kick off on the 28th March with a good few hundred percent profit or very little profit!

What were the sources for that note though?

So basically how much pre suspension holders make will be dictated by how many additional shares are issued by BCE, let’s hope not too many and we gain a good few bags upon trading resumption on the 28th, although we will effectively know how much dilution has occurred and what the opening sp will be this Tuesday at the latest.

That will depend on the terms, as long as not too badly diluted then pre suspension holders could come out of this very nicely indeed.

Presumably the BOD hold plenty of shares themselves so can’t see why they would dilute themselves?

So details of raise latest 7th March, then SH vote on 24th March, then trading recommences 28th March.

Excellent, therefore surely the sp should kick off far high than pre suspension if that is the case.

Granted but that element wouldn’t be many more months, more like a week or so, the important bit is getting the confirmation that the prospectus is ready to be voted on.