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Just received 2 x correspondence regarding the consolidation:
1st - Subject to AGM Ratio of 1 new GBP0.10 for every 100 shares of GBP0.001 held
2nd - The above is cancelled and new proposal = 1 new GBP0.10 for every 100 shares held, with each new share subdivided into 1 new GBP0.001 and 1 Class 2 deferred share of GBP0.099 (Negligible rights/effectively valueless)
So as far as we are concerned, no difference really.......see what transpires April 27th
I've heard nothing from them despite the suggestion that they needed imminent funding back in January
My Veative share certificate arrived this morning. Neville registrar
I see Mystic Myles has a 12 month TP of £20.
I've been in almost 3 years and can wait another 3, however........£20/share would enable a very early retirement!
Everyone has a different perspective
I registered my interest to participate in the future funding in late Jan and was told by Feilim they would provide further info the following week. I've heard nothing to date.
Randy, as of today HSBC will issue certificates if you haven't instructed them to transfer to another broker
I agree, so many of my LT holds seem to have regular patterns that are a traders dream.
If only I had a trading pot to have a dabble.
Disappointing SP reaction here
Having just pawed over the half year report once more, I'm hopeful H2 will exceed H1 revenues by maybe 10-20% therefore:
Total revenue 2022 up to $26 million
No idea about the rest tbh however we should as a min', break even and now be a profitable business
Now could be the time to part with some more cash and cross as many digits as possible
Update on the 27th last year so can't be far away
I thought Feilim had a calm, confidence about his role and the company going forward. He said the right things in relation to existing shareholders, quarterly communication etc. Time will tell.
On the possibility of relisting he said it is an option in the future, depending on valuation and that he aims to give investors an exit opportunity.
One thing for sure is that our holdings will be massively diluted with the upcoming funding round, however 2 to 5 years from now, who knows.........
Veative Learn: Avg annual school revenue $2435 or $5695 incl headset. Target 9322 schools over next 5 years
LMC: Avg annual school revenue $3312 Target 9686 schools over next 5 years
Higher margins direct to schools (B-B) with India projected as 80/90% of the market
Work meetings for me tomorrow morn, going to miss it unfortunately
Not sure about the other figures but Gross Margin is currently 46%
Hopefully as we approach or become profitable in the very near future (if not already), the SP will maintain a steady northerly trajectory.
16% up in a month, 38% up over 6mths and 27% up over the year (approx) isn't too shabby, it's all relative mind
GLA
Like many on here, I got caught out back in 2020 with the placing at .25p which decimated my holdings, averaged down a couple of times to leave me at 0.8p. Happy days to come, hopefully
@Flowkey I'm not waiting, I meant I'm back at break even, back smiling, back to the future
Once we pass 0.8p I'm back in the game : D
@Olives 'Look forward' to hearing some more about the direction of Veative and maybe some info regarding funding etc
As barnard said, the upcoming online presentation
I'm liking the positive news flow of late.......keep it coming boys
Yep, emailed again this morning and received a reply so at least we have something to 'look forward' to