Member Info for Newuncle

GB, you are quite correct of course, forgot about that, thanks for the reminder which makes the US listing timing even more interesting, not for the history I guess but more the CEO's out look.

The half-yearly financial report must be made public as soon as possible, but no later than three months, after the end of the period to which the report relates.

What results RNS?

Not surprising, only 1 MM and their Ask Price is currently $2.00 = £1.45 Bid Price $1.00 = £0.73 so it doesn't look like they are yet ready to deal. The other MM isn't bothering to offer anything at this time so all in all a bit of a damp squib so far.

You are welcome 002

It's nice that they give free L2 over there too, trading due to start in just over an hour.

Remember this?

A Modification Notice by DEPARTMENT OF HEALTH AND SOCIAL CARE

Contract (Services) Duration 9 month
Value £59M
Sector HEALTH
Published 10 May 2021
Delivery 24 Aug 2020 to 31 May 2021
Concepts extension of term of waste water surveillance testing
medical laboratories
waste water samples
part of the govt waste water surveillance programme

testing govt waste water surveillance programme
analysis
laboratories
packing
covid-19
Location United Kingdom

Live now
https://www.otcmarkets.com/stock/TNTAF/quote

I know. It's all a bit strange.

Of course if they issue new shares following 4 Nov meeting liquidity could change as they would have authority to issue up to 10m new shares?

How will they achieve that as the company has said it is not increasing the number of shares at this time?

Special Business
Resolution 1 - This resolution renews the authority granted to the Directors at the prior annual general
meeting, to allot shares under section 551 of the Companies Act 2006 (ordinary resolution) up to an
aggregate nominal amount of £50,000 and expires on the fifth anniversary from the date of the General
Meeting. This is a general authority which would be used for issues of ordinary shares.
It grants general authority to allot securities.
Resolution 2 – This resolution renews the authority granted to the Directors at the prior annual general
meeting, to allot shares under section 570 of the Companies Act 2006 (special resolution), up to an
aggregate nominal amount of £50,000 and expires on the date that is 15 months from the date of the
General Meeting. These are the general authorities which would be used for issues of ordinary shares. It
grants authority to allot securities for cash otherwise than pro rata to shareholders, disapplying
shareholders’ pre-emption rights

Fund raise has been flagged previously.

It will be for up to £100,000 of new shares to be confirmed on 4 Nov 2021 meeting.

Pursuant to Resolutions 1 and 2 the Company is seeking new authority in respect of an aggregate
nominal amount of £ 50,000 and authority to disapply the statutory pre-emption rights in section 561 in
respect of the allotment of equity securities up to an aggregate nominal amount of £ 50,000.
The authority described in Resolutions 1 and 2 will, unless previously revoked or varied by the Company
in general meeting or annual general meeting, expire on the date which is five years and fifteen months
respectively from the passing of such Resolutions. The Resolutions supersede and replace any like
authority or power previously conferred on the Directors.
Resolutions 1 and 2 will give the Board flexibility to raise additional funds as and when suitable
opportunities may arise and transact potential business acquisitions through the issue of the Company’s
ordinary shares and will give the Board scope to take advantage of any such opportunities presented.

T-Rat, thanks for confirming, thought I was going mad for a bit there.

MMs are definitely up to something here, more buys than sells yesterday and the price dropped and again today more buys than sells and still not moving back up from early drops. Tells me they are doing all this ahead of this afternoon's start of trading in NY.

"Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed before they sell it short. Due to various loopholes in the rules, and discrepancies between paper and electronic trading systems, naked shorting continues to happen. These short sales are almost always done only by options market makers because they allegedly need to do so in order to maintain liquidity in the options markets."

Can MMs be selling shares they don't own perhaps?

Trat I have read that 3 x now, where does it say "UK"?

Added 79.5p

And we have a seller who just dropped shares for 75p

Steve,

Still early days, it was a non-rns so no monies shown. But this is only the start so expect a bit of volatility short term as traders come and go.

and yet the first trade of the day is a sell, MMs have really messed this up by trying to price it cheap for the US debut so they can get bigger gains later imo fwiw.

Another RNS and another sell off, back to lows for the year. Helium clearly don't care about the company progress and potential, just cashing in easy profits while they can.