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Does anyone have any idea which price range the rights issued will be?
Ukraine says ships pass through Danube rivermouth, sparking hopes on grain exports - https://uk.investing.com/news/commodities-news/ukraine-ministry-ships-passing-through-danube-bystre-rivermouth-2685435
You are the fool but I will not follow suite and disgrace myself by going on offensive to your low standards.
I only asked you a straight forward question but look at your behaviour. Bye bye
C26 - have you actually invested in AML?
Atino- prove which investment vehicles have walked away? If you can’t stop your imaginary intelligence.
You may have a point. Elon Musk too few years back asked Apple to buy in to Tesla. Apple rejected his proposal - worst mistake Apple ever made.
https://www.theverge.com/2020/12/22/22195959/elon-musk-tesla-tim-cook-apple-sale-meeting-acquisition-refused
Today Elon is riches man in the world by a clear 80 odd billion US dollars.
https://ceoworld.biz/2022/06/15/the-worlds-wealthiest-people-14-june-2022/
Whilst AML may not bring the same unbelievable success of Tesla, AML may still bring some dizzy success for many of it takes off even a fraction of Tesla’s success.
Investing in shares is very risky but at this price how can anyone believe AML is not very very cheap right now.
This is heavily shorted right now. Even small positive news on additional investor on board is going to seriously burn the shorters who will be struggling to close their positions quickly as they can.
This is going to go up as rapidly as it came down. Can’t see it going any lower only one way now for it to go up any time.
Recession may be ahead but the NATO is not going to let Russia win. They have made it clear they are going to ensure this goes on for as long as possible until Russia realises they can’t win.
Surely price of Rio and other commodities producing companies shares are going to rise as NATO will need to supply more weapons and spare parts to Ukrain.
It’s going to recoup some losses tomorrow. From Monday, it’s going in FTSE 250 and institutions such as funds will have to buy this to add to their portfolios. It’s also one of the most shorted stocks 6.50 %, so obviously shorters are going not only get their fingers burned but much more ??????
Good point. That’s exactly what I was thinking. They will have buy to balance their portfolios. This is been hit additionally by shorting. Stock is shorted right now at 6.41%. Shorters are going to suffer heavy losses once this starts going back up ??
Please kindly let us know about the source telling us about bid from BP for PFC? Thanks
Jack Stockdale, CTO, has notified Darktrace that on 19th May 2022 he purchased 60,000 ordinary shares in Darktrace at an aggregate price of 328.3 pence per share.
Oh dear. I wonder what this is going to mean for the share price tomorrow morning!!!
https://www.telegraph.co.uk/business/2022/05/17/darktrace-executive-part-clique-behind-britains-biggest-ever/
Darktrace executive was part of 'clique' behind Britain's biggest ever fraud
Judge finds that Nicole Eagan was involved in Mike Lynch's toxic $11bn sale of Autonomy
By
Gareth Corfield
17 May 2022 • 8:27pm
Nicole Eagan pictured in 2019
A senior executive at the cybersecurity company Darktrace has been named as "part of a clique" behind Britain's biggest ever fraud in a ruling at the High Court.
Nicole Eagan, chief strategy officer at Darktrace, was also investigated by the US Department of Justice for her role in the toxic $11bn (£8.9bn) sale of software business Autonomy a decade ago, Mr Justice Hildyard revealed in a judgment handed down on Tuesday.
Ms Eagan was chief marketing officer at Autonomy when it was sold to Hewlett Packard by the entrepreneur Mike Lynch.
A year later HP wrote down Autonomy’s value by $8.8bn and claimed the selling price for the business had been dramatically over-inflated.
Mr Justice Hildyard found that the central management at Autonomy pulled on accounting "levers" to misrepresent the success of the business.
He went on to list Ms Eagan as "part of a clique responsible with the defendants for the operation of the impugned ‘levers'."
After Autonomy, Ms Eagan went to work as co-chief executive of Darktrace, along with fellow Lynch ally Poppy Gustafsson, until mid-2020.
Ms Egan is now the cyber security company’s chief strategy officer, responsible for its artificial intelligence technology. The business is listed on the FTSE 250 with a value of £2.7bn and is a leading cyber security contractor for the Government.
Mr Justice Hildyard found earlier this year that HP's claims of fraud had "substantially succeeded", and Mr Lynch is fighting extradition to the US on criminal charges. On Tuesday, the judge set out his reasoning in a 1,600-page ruling.
Both Ms Eagan and Ms Gustafsson, who remains sole boss of Darktrace today, abruptly withdrew from testifying in the 2019 High Court case shortly before they were due to be cross-examined.
Ms Eagan was under “continuing investigation by the US DoJ” as recently as January 2021, Mr Justice Hildyard said in the judgment.
Mr Lynch, who set up Darktrace and investment fund Invoke Capital after being dismissed from Autonomy following the buyout, “had to lie” about the listed company’s accounts so he could keep up the fiction it was a successful and growing business immediately before HP bought it, the court ruled.
A Hewlett Packard Enterprise spokeswoman said the firm was "pleased" with the ruling.
Clifford Chance, the lawyers for Mr Lynch, said he was "naturally disappointed with the result and intends to appeal".
Darktrace and Ms Eagan have been approached for comment.
Autonomy was “buying its own revenue” from resellers it had corrupted during the years 2009-2011, the High Court said, fleshing out preliminary findings first made public in January .
Under Dr Lynch and Mr Hussain, Autonomy also presented itself to the market as
Lending- many thanks
Does anyone know price of share placement if it goes ahead?
Pearls- what’s happening on 16th?
Can we please move on from lock-up periods. This is old news and frankly everyone knows this is now well and truly priced in to current low share price.
When did everyone start putting their complete faith in brokers. Price did not crash to £4.73 when Peel Hunt’s put their research note out valuing at £4.73.
The other broker went in to company’s premises and interrogated the very Senior Management and refuted Peel Hunt’s findings and explicitly opposed Peel Hunt’s claim of £4.73 and valued this at over £10.
We can continue to throw opinions on reasons for decline but why would Director’s hold millions and millions of these shares if they think this company is going to fail. They obviously know this company is going succeed big time.
Vanessa Colomar Director still holds 5,168,839 shares. What difference does it make if she off loaded 1 million 430,000?
If she didn’t think this company is worth more why is she still holding over 5 million shares? Just think about it - she had plenty of opportunity to sell all or most of her share holdings.
This share is going to stay in FTSE 100. We will soon know.
Where did you obtain this information?
Thanks for your constructive comments. I agree nevertheless very rarely have I come across this strange inconsistency.