Member Info for Raleigh

What we do know is that CD and R are conditionally cornerstoning this with first dibs - £60m at 25p, and they have the option to invest a further £25m and will likely invest at least £12.5m. It seems unlikely the cornerstone investor would agree to being disadvantaged by the second £90m tranche.
But the market wants to see the whole thing done and dusted.

I have bought more on the rise. I think the 25p drew a line under it, and some on top. And there will be further opportunities, but at a higher price in my view. You have to take one.

And thankyou Westh1 for the 'scoop.'

Costain advanced 20% (now 16%) today to 80p on finalisation of £100m placing at 60p. There is no reason to believe Sig will fare worse. And existing investors will hopefully be afforded a bonus opportunity.

https://www.unionjack.co.uk/info/news/business/coronavirus-sig-constructs-stake-sale-to-buyout-firm/

I am surprise surprised at that from Hargreaves Lansdown - they offer Attis.

Rules – publication of annual accounts
Currently under AIM Rule 19 of the AIM Rules for Companies (“AIM Rules”), AIM companies must publish their accounts within six months of their financial year end consistent with the reporting requirement for UK public companies under the Companies Act 2006. BEIS has announced that UK companies can apply to Companies House for a three month extension for filing their accounts. In light of this, AIM Regulation have confirmed that AIM companies can apply for a three month extension to the reporting deadline for the publication of annual accounts. The request must come from the nomad prior to the AIM company’s current AIM Rules reporting deadline.
This extension is available to companies with financial year ends between 30 September 2019 to 30 June 2020.
I have a news alarm set and without detail from the company nothing to add. If you are worried, phone them. But it will not help.

new leading blue-chip institutional shareholders to our share register.

Mr Winnifrith has expressed a view and expects to buy back, I read, at 9p. The heavily oversubscribed placing at 11p ( which could perhaps have been higher ) reflects the contrary view of the 'many leading blue-chip institutional shareholders' who took part. FinnCap put 19p on it.The placing proceeds, as stated in the results of fundraising RNS, will in general be utilised to "capitalise on the opportunity to deliver rapid growth in the near term by converting some of our c. £160m pipeline of revenue opportunities."
Mr. Winnifriths view can be debated, but is out of sync with institutional investors, and Cathal Friel, and of course the views of exuberant pi's. The company will more likely than not be sold in due course, very possibly at a premium approaching 40%. The price has had a good run, but I expect it to go further, perhaps not in a straight line.

Nothing clever - in RNS. I was just trying to illustrate the company's intended direction of travel, and what might be anticipated as part of a positive update.

A couple of weeks old, but now planning for 2021.
https://www.theconstructionindex.co.uk/news/view/vistry-signs-58m-exeter-deal

Friel has not set a price to be charged by this company, but has indicated it will be in line with those currently lesser reliable and costing up to 120 - I presume £.

https://researchlibrary.finncap.com/User/Login

I take a longer term simplistic view - eventually an opportunity will arise to sell the company at premium. And, taken or not, the decision then made will benefit shareholders.

Financially, perhaps a little too early to make promises about future dividends - revisiting a quite recent decision about preserving cash and ongoing dialogue with lending group for additional liquidity as and when required?

Cathay Friel seems to indicate '60 - 120, 1.40' here. https://www.proactiveinvestors.com/companies/news/920274/open-orphan-s-cathal-friel-on-its-12mln-raise-to-accelerate-coronavirus-antiviral-testing-920274.html

I cannot talk to cost. But assuming full capacity at market rate ( there is no intention to 'gouge' the market ) the potential revenue, even on one machine, is tremendous. And there is the rest of the business.

source

Frankly, whatever is said on Thursday, today may prove to be a storm in a teacup arising from one uninformed tweet.

In the event anybody is browsing over the long weekend.
https://www.blackbird.video/introduction/

"During the year Blackbird clearly demonstrated and communicated that it can be a market-leading product for blue-chip global Enterprises. In 2020 I look forward to building on these direct-sale wins and accelerating growth by striking deals with Original Equipment Manufacturers ("OEMs") where Blackbird will be sold as an integral part of a larger end-to-end media solution. This will mean that well-established OEM companies and their requisite sales teams will be selling Blackbird to a larger volume of global customers." And "The Company to showcase ultra-efficient video editing with Zixi, Amazon Web Services and Google at virtual customer events."
All being well, there should be something coming out of that.
That is not my £24k by the way - a couple of us bought later.