Member Info for JPP88

Derampers have vanished an were left with actual investors (with the except of ScarletVixen, the old fart with nothing better to do than deramp shares he doesn't hold).

Confirmation by interview on Monday that there are no plan for a placing should be enough for a nice rise.

Blue, blue, blue into close. Maybe the block seller is done. We've seen how quickly this can move when the herd arrive.

Maybe Monday will be the day we get closer to true value.

It's not going south at all you bottom feeder.

It's held up quite well actually and it appears volume (both buys and sells) have dropped off quite a bit. Maybe Monday will bring a change of fortune. AIM works in mysterious ways.

So SYN last placed at 0.08 in Dec.

If they were to do the same thing again this time around, they would raise £2.2m.

Interesting that the GOI approval pays out $2.5m (US Dollars) - how much is that in GBP? £2m. Very clear that the "2.75b shares" wasn't chosen by accident - seems very likely to me that the headroom is there to provide funding should the GOI approval take 6+ months. Very clear to me, at least.

Hopefully Roland will provide that clarity on Monday and we can all relax once and for all and move the SP significantly north.

I make it roughly 4 buys for every sell currently

I agree. FOMO in anticipation of the interview now.

One has a confirmed JV and no placing and the other has no JV and a heavily discounted placing.

SYN worth a look for anyone who does decide "enough is enough" here.

"once the JV is signed, does it require approval from the government of India before confirming?"

"The transfer of ownership of a PSC basis requires GOI approval... But it doesn't stop us doing anything as long as the intent is there and the JV is signed.... Sign off is a formality, so I don't expect any issues there."

Carrot if you're gonna deramp then do your research

It wasn't an AGM, it was a GM

Sorry for those of you shafted by heavily discounted placing. Do me just a tiny favour and do a little research into SYN - you may thank me in a few days time when the SP is far north of the current SP of .13

90% of holders and prospective buyers were expecting a dilutive fundraise at a small discount and we're hoping to get in at .10/11

Not gonna happen, .13 may well have been your chance (and you may still get it this morning if you're quick/lucky)

The RNS is 9th most read of 169 this morning so it's got plenty of exposure.

FOMO now with the interview round the corner.

.16 close today

Do we have any direct quotes from Roland regarding not needing GOI approval to commence works? That's quite a key piece of info .

I have emailed Briana (who is great and replies very quickly) suggesting SYN should consider announcing "no plans for fundraise" either via RNS or interview to help the suppressed SP.

Very likely we see a rebound today from an extremely depressed SP.

ALL this will take is Roland to come out on Monday and say "no plans for a fundraise" and I would think we will see some pretty rapid movement north.

If there was going to have been an acceleratee bookbuild, it would have happened overnight.

Yet???

Just confirming AGM outcome.

Fantastic.

Clearly a very strong likelihood of a placing announcement at 7am

Let's have a look at the details if that is the case. A full 2.75b dilution or less? At what price? Would that then mean there are no further shares to place until after the next AGM?

Strange how the stock market works sometimes, but once it's out of the way (if it even happens!), will the market react well to the uncertainty being squashed and we can move on? I suspect a drop to the placing price for a short period, at which point buyers are locked out, and a steady rise from there back to 16/17/18 for Monday/Tuesday with Roland's interview.

And if there is no placing, then all bets are off and we could have a great day here.

I'm totally split about the whole placing/no placing scenario now.

I can't see why the company would need additional funding just 2 months after their last fundraise, especially with warrants to be converted in future! Surely more prudent to raise money when the SP is higher and has stabilised?

But then I look at the AGM and cannot really see good reason for no RNS today if it was simply a case of "AGM completed, all resolutions passed". That points me towards thinking of an accelerated book build between 10am today and 7am tomorrow... Plenty of time for many brokers out there.

Like others, I would absolutely love an AGM confirmation email with a footnote to say "no further fundraise anticipated in the near future", because it's 1,000,000% priced in currently.

I think actually it's the uncertainty that's done the most damage.

Try again...

As a holder of a fair few million shares here, here's my thoughts after a tough day today:

- mcap of company is significantly undervalued

- AGM was at 10.00 and probably was over by 10.30, so the lack of an announcement today probably points towards an accelerated book build/placing on the assumption the addendum was passed.

- if there is a placing, is there a chance they've raised at a price that isn't hugely dissimilar to today's closing SP?

- if the company come out tomorrow morning 7am and do NOT announce any funding, and simply that the AGM resolutions were passed, then this is going to rocket.

- great news late on about Roland's interview and chat early next week... He may have some questions to answer depending on what happens tomorrow morning!

- the fundraise is only going to dilute by 25% or so, so is a fundraise even all that negative if it was to secure a path to revenue/profit over the coming 12/18 months?

- if there is a fundraise, then I do think Roland has questions to answer surrounding the wording of his AGM addendum which was very much paraphrased as if it was there for headroom if required in the next 12 months. I would be disappointed if we were to see a fundraise at a severe discount.

Just my thoughts!

As a holder of a fair few million shares here, here's my thoughts after a tough day today:

- mcap of company is significantly undervalued

- AGM