Maybe he should RNS the 50% potential dividend.. At this moment it's just the ramblings of a Aim CEO...meaningless to most investors. BUT the day will come when they should have trusted a little more....hopefully.
Why would their be a placing before the Wressle inquiry..positive result there would imo be a catalyst for a surge in sp. Unless of course DB thinks the result will go against us. Possible 4 weeks for that result.
No objections at all with people deciding not to post anymore, but why tell people? if its got to you too much just stop posting!...no need to tell anyone. So today apparently we have TWO prolific posters calling it a day on the lse board. Wonder how long they will actually manage to stay away...also wondering who will be the first to weaken??? Must admit its a shame ...good reading from both, very helpful for folk like me.
Too many investors rely on these boards for their information on the company they are invested in...a select few bother to take the time and effort to actually research. I spent a good hour this morning going over why i am invested here, take aboard all comments on here ...believe none of it until you have confirmed it yourself. All for a balanced board...but as they say always do your OWN research.
WEST NEWTON... "potentially off shore reserves ...on shore" Potentially is the word....but obviously the recently invested IIs, to the tune of £24m believe in this potential.... Happy days and at least a ten bagger IF mission accomplished!
RE: Great news for Reabold, Rathlin and UJO08 Oct 2019 20:09
just out of curiosity, which big sells would you attribute to a large holder today. Had a quick scan through, the largest trade appears a buy, only going off advfn listing and only shows after 10.15. Trouble with work it gets in the way sometimes. FWIW i think hes finished also.
The RNS just states book build, does not infact state accelerated. Note. An on-market bookbuild gives everyone fair access. It allows investors willing to pay more to bid more for shares, and potentially be rewarded for price leadership with a better allocation. It also allows companies to price the offer in light of all of market demand – giving them the option of maximising the price and thereby minimizing dilution for existing shareholders.
Accelerated Book Building An accelerated book-build is often used when a company is in immediate need of financing, in which case, debt financing is out of the question. This can be the case when a firm is looking to make an offer to acquire another firm. Basically, when a company is unable to obtain additional financing for a short-term project or acquisition due to its high debt obligations, it can use an accelerated book-build to obtain quick financing from the equity market.
With an accelerated book-build, the offer period is open for only one or two days and with little to no marketing. In other words, the time between pricing and issuance is 48 hours or less. A block build that is accelerated is frequently implemented overnight, with the issuing company contacting a number of investment banks that can serve as underwriters on the evening prior to the intended placement. The issuer solicits bids in an auction-type process and awards the underwriting contract to the bank that commits to the highest back stop price. The underwriter submits the proposal with the price range to institutional investors. In effect, placement with investors happens overnight with the security pricing occurring most often within 24 to 48 hours.