Member Info for Pooka

The RNS states this will be the first commercial LIGHT facility on Harley Street, so it looks as if the installation at AVO’s premises at 141/143 Harley Street will be relegated to second place. It would have been helpful if the company had also provided an update re the 141/143 installation to avoid the confusion that has contributed to the drop in share price.

Lots of “small” sells ahead of tomorrow’s deadline - what do they know that I don’t?

Also the timing is interesting, ahead of the PUSU Deadline expiring 5.00pm Wednesday.

Reassuring that the takeover speculation has not deterred Joules from committing to a long term fulfilment contract.

Yellow - absolutely correct, but AA will not be a strategic partner but the outright owner of your and my shares in consideration of 5.50 per share. Sirius will be history although they might decide to keep the Woodsmith name in deference to local sensibilities, but that would be their call.

Yellow - are you really suggesting that the Directors are working towards a management buy-out at more than 5.50 per share? So why recommend the AA proposal? Bizarre thought process............

easyp - suggest the following may have influenced the sp, as well as the statement that the dividend policy is under review:
“ Accordingly, it is expected at this stage that revenues in FY20 will be H2-weighted and materially lower than the prior year. However, the Company is currently in early stage discussions regarding a number of exciting projects which, due to the longer project lead times, could deliver significant growth in revenues in FY21.”

The wording of the RNS suggested that MM personally would be subscribing at 0.50p per share in a further placing. I agree he probably regrets it now.

The RNS of 16 September indicated that MM would be subscribing for additional shares at 0.50p to keep faith with the Spanish investors once outside the closed period, so now imminent.

Still no sign of the SXX Open Offer on the bank’s share trading platform and their live web chat service is down this morning. So the usual shambolic service.

Still no sign of the Open Offer on Barclays share trading platform and their live web chat service is unavailable this morning. So SNAFU.

The number of shares in issue has increased to £779 million so Odier’s existing holding has decreased slightly only in percentage terms.

It would seem the cash was going to run out well before 20 June (contrary to all earlier indications from the company) and existing warrant holders had to be incentivised to prop up the company over the next 8 weeks. Pity they could not be prevailed upon to exercise their warrants last week when the sp was over .50. Not that supportive then!

Barclays share trading platform playing up today again when I needed to execute a trade. Hope account holders have better luck accessing their current accounts. Shambolic.

They are probably not privy to any very bad news as otherwise the share reduction might have been greater. If they keep on selling then I would be inclined to follow their lead.

Unlikely Jackid as the CGC shareholder in SXX is Capital Group Companies, not Continental Grain Company.

It would still be good to know why CGC’s investment managers did decide to sell down ahead of stage 2 financing announcement. Let’s hope they are now comfortable with the current level of shareholding which is still very substantial, so no need to panic.

The CGC share sale went through on 5 April so maybe influenced by need to crystallise a proportion of profits in 2018/2019 tax year on behalf of their discretionary investment funds?

Agreed LL, but surely the concern is why have the CGC investment managers exercised their discretion on 5 April to sell a substantial holding on behalf of their institutional investors? Their fees and reputation are linked to fund performance.

Thank you Mayflower. Capital not only reduced the number of shares out on loan but also their core shareholding. May follow their lead and take some profit.