Member Info for mrcalm

Paid

Maybe closing :)

Is rocketing up

To boom. Lets get 40p shall we

Thanks wordog for your input. Makes sense now. BV TECH are effectively taking over unofficially

40p plus tomorrow im thinking. It dipped from 34p to 24p ro fast on friday. Seemed manipulated so that they could get stock for tomorrow.

Can anyone explain in simple terms to us newbies why sp would go up if open offer was at 8p.

The offer price represents a 16% discount to the closing price on Thursday, the last day prior to the placing being announced. The cyber-security software firm said its major shareholder BV Tech had subscribed for 10.6 million shares, raising GBP850,000, subject to shareholder approval during the general meeting on April 23. BV Tech currently has a 27.6% holding or 3.6 million shares in Defenx. After completion, BV Tech will hold a 54.7% stake. Defenx added that BV Tech agreed to acquired any of 4.4 million open offer shares left after buys from qualifying shareholders. Should BV Tech acquire all 4.4 million open offer shares, its stake will stand at 66.1%.

Should be surpassed next week

144p less than a year ago

Like it’s ready to go

Sp goin down. Guessing theres a big order that needs filling

Guessing*

Im fuessing the OO has been oversubscribed

Massive demand for this and sp should be multiples of what it is

I think we’ll break todays high and get close to 40p personally. Next week is a big week.

We may have a massive close today

Spread will tighten soon enough

Hope so

Fast peeps