...in for a pound. Might as well double my holding. Best of luck to investors.
IFRS transitions can take some time to 'resolve'. Johnson has stated in interviews that he wants to transition kenv into a global company.
That's the way of the world, GS. They're offering 'loyal' shareholders the opportunity to buy later on for 10p, according to the pdf tome, up to half a million pounds worth. Then again, I doubt if that will happen. You never know though.
lignumvitae is referring to this at the London stock exchange website: Schedule One update - Cradle Arc Plc Released 08:00 19-Jan-2018
The SP invariably always rises into March and April as the ex-div date approaches for the final dividend.
Yep, certainly one of the main reasons why I'm still here, despite the shenanigans of the SP of late. Not forgetting the lithium of course.
Hilarious. As my old Irish drinking partner used to say: this is madness in a bottle of pish.
I can see where you are coming from, but capital raises are nothing new, especially when it comes to admissions to AIM. It's being done as GS has pointed out, provide cashflow to the company, pay employees, management and 'others', help with recruitment, retention of senior management and employees and to enhance the company's profile and spark interest in the share. Most admissions to AIM do it.
When someone's got you by the cojones, there's not a lot you can do about it. Just try and not squirm too much and hope that their grip diminishes over time. That's why you need to employ hedging strategies on AIM and/or other 'markets' to neutralize any potential losses, and by that, I don't mean shorting stocks either. Having said that, you can't win 'em all, and sometimes you've got to take a loss. Still, I'm moderately optimistic about the new Cradle Arc, but like you, wish there was a bit more on the newsflow front, keeping us up to speed. We can live in hope.
Surprised to read it, but the company is introducing International Financial Reporting Standards (IFRS) to its accounting procedures. I'll give them the benefit of the doubt for the delay in reporting its accounts.
Always amusing to observe the people who linger about after "getting out" of a share.
They work with the raters and banks and make a killing more times than not. They couldn't give a monkeys about the companies.Still, one way to kill a market in the wider public's eyes. You're better off buying litecoin than shares in this day and age.
Unfortunately, fair market value doesn't always come into it, and neither do fundamentals, where markets are concerned. However, with the potential for more copper being sold on a yearly basis and an increasing copper price, things may be okay in the immediate future. Of course, Cradle Arc has to pay off ZCI and get relisted first. Fingers crossed. They've done everything right so far. As macuamike said, they can't fall at the last hurdle after completing all the donkey work, surely...
The fear factor and lemming effect provoked by the usual crowd of shorters, exacerbated by 'Brexit fears'. A lot of people are jumping on that particular bandwagon and potentially damaging UK bluechip companies, Carillion obviously not included in that group.
Taken from their ZCI Announcement_Cautionary 16112017.pdf: "The key remaining condition to be satisfied is a successful fund-raising by Leboam to satisfy, inter alia, the cash consideration due to MCB under the Transaction. Leboam is actively engaged in raising the required funding. "