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Don't be a donk we are suspended... News will bring us back. Silly post
What makes you think it won't ;) ?
Sod 0.75 deramper! ;) I'm setting mine at 2p now
Meant reverse reverse take over
Good point... Unsure as only ever seen reverse transaction. Its a shame it does not state under which aim rule as that would shed light
Top c... I would love rem to push up too.... Wrong board ;) ..ha
Beta max video recorders we are going into
Of the window on aim....
If it was RTO etc it would have been mentioned as such in the RNS....it says 'transaction' Looking like something with VEC at a stab in the dark.
Whilst the Board will continue to be supportive of VEC and retain its interest in VEC for the foreseeable future, the Directors and Proposed Directors believe an expansion of the Company's investing policy will provide the opportunity to deliver enhanced returns for Shareholders. To that end, the Directors and Proposed Directors propose to expand the Investing Policy as follows: ? The Company will consider acquiring one or more companies, or subsidiaries of companies, focussed in the facilities management and or support services sectors. The Directors and Proposed Directors believe that the Facilities Management and Support Services sectors offer attractive opportunities to build a profitable group going forward. Acquisition targets will be either UK based or with a sizeable UK presence, which offer the ability to grow both organically and potentially through further acquisitions. ? Any such acquisition or acquisitions are likely to be acquired through a combination of equity issued to vendors and cash, but may include other forms of finance such as debt. Depending on the size of any acquisition, it is likely that the first such acquisition under the Investing Policy will be deemed to be a reverse takeover for the purpose of the AIM Rules, which would require shareholder approval and re-admission of the Company, as enlarged by the acquisition, to trading on AIM. ?The Company intends to be an active investor and will seek to add substantial value, both operationally and strategically, to the businesses and/or assets acquired or in which investments are made. The Company does not currently anticipate making minority investments but intends to focus on owning the whole of or a majority interest in one or more companies or assets. The Directors and Proposed Directors are mindful that any such acquisition identified may require additional funding to both acquire the business and provide working capital for the enlarged Company and therefore further equity fundraisings may be undertaken by the Company in the future. The Directors and Proposed Directors expect to make one or more acquisitions and/or undertake a reverse takeover transaction within 12 months of Admission. Although the Directors and Proposed Directors are already appraising and evaluating potential companies for acquisition or investment, no agreements have as yet been entered into and there is no guarantee that any such agreements will be entered into. Cash held by the Company pending any acquisition will be managed by the Company and placed in bank deposits or in capital guaranteed schemes offered by major global financial institutions, in order to protect the capital value of the Company's cash assets. The Company may, where appropriate, also enter into agreements or contracts in order to hedge against interest rate or currency risks.
Put
Happy IMO.... Something is on the table Diff, don't think AR would give us a flat pancake... Options set at .50 remember, out his own cash in too... ;) I'm happy
Nobody knows anything yet baz.... It could be VEC sale etc
Interesting times here!
Drif, typo in my post..didn't mean am as in tomorrow ..Could well be suspended for a bit. However lets not forget we had a 70% recently and another 30% plus and never received a statement. It's hardly a huge rise and think was due. If you look at how it quickly ticked up, I would suspect a leak and they capped it as quick they could. News when it comes..be it a month etc etc
Normally in stocks this has happened I have been in, and this has happened to me twice this year already, the RNS states info on RTO ie who it is and details. Nothing as of yet here. I actually think a deal is done all be it a tick from regulators. We have had 3 to 4 RNS 's recently all admin being cleared for am RNS like this. Primed for a gap up upon opening if AR has played a blinder.....
Why we invest in shells and returns http://shellstockreview.com/ A great read chaps.....
Cheers pal...I have just filtered him too...agreed he is a pest on cnel board, with silly statements.. Thanks and fingers crossed. Good luck with yours too
Yep, it's pretty obvious to most :) Cheers pal for informing the board what most of us know
Kmh, now there is a sure way to throw money down the pan