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mubz, in theory you would think so.
Unfortunately, EHGOSF keep converting at 0.01p, guaranteeing themselves a 250 percent return.
Seems they are able to ignore the 90 percent of VWAP conversion that was RNS'd some time ago now.
If only the PI's ( who own the company ) were guaranteed the same return. You musn't forget, the extortionate director salaries on £2,500 generated revenue need to be maintained. For that reason alone, the death spiral financing will continue. Minimum £50,000 ( maybe more now with KL on board ) per month needed to keep this lot afloat. Lol
applegarth?
Currently at 0.026p and you say should drop a bit after the next conversion yet settle higher at 0.032p... are you confused? I am after reading that.
I expect it to drop back to 0.0155p or lower, if the draw downs continue with no reported revenue increase.
Four six figure salaries on income of 2.5K is taking the pi55. These guys should be accountable to the PI's.
"Could EHGOS have bought those 58m shares to boost sp. Only asking?"
'applegarth', yes they could.
A small price to pay for a nice percentage increase on the 100's of millions they'll be off loading again, very soon.
Definitely worth the gamble on their part... they can't loose whichever way they choose to play ( short or long ).
… up a little down a lot.
Needs pumping up a little in preparation, so EHGOSF can start selling it down again.
"It is expected that Admission will become effective and dealings in the Conversion Shares will commence on or around 28th May 2020."
Alwaysup,
The Petišovci exploitation concession contract expires end 2021, so no point discussing 2022 in Slovenia. It's not even in Ascent Slovenia's name. Geoenergo are the concession licence holder while AST are liable for all costs attributable to development/extraction.
If Geoenergo do not renew, or renewal refused, AST are out!
maidit308,
for your information, to insult those old enough not to even care about 'twitter', just about sums up your immaturity and lack of knowledge on a subject you think you understand ( I'm not all that old and know about 'twitter', 'facebook' and the rest... and glad I don't participate in any ), while you seem to know SFA about trading/investing.
'Social Media' would be much better characterised as 'social destruction'.
'livup967' why are you now trying to promote 'Infotagion' here?
You are paid to post on 'ADVFN' re:- 'ICON', talking to your multiple aliases 24/7. Plugging 'Infotagion' here ( or there ) will not help 'ICON's 'SP'. But I'm sure you know that anyway.
You reek of misinformation, both here and there. I really hope you're not being paid to promote 'Infotagion' also (with your record of misinformation ).
I know all about hypocrisy too, but you are taking the biscuit ( and so are they if you're on the payroll ).
AIMPO...DYOR.
anb,
Thanks for the tie up info... it's a great help. Can make better sense of the figures now ( and saved me some digging too ).
I thought that would be the case 'Sujood'.
So, obviously you haven't done any here ( or anywhere else it seems ). Just pulling figures from the air. Not a good idea really, especially when math's is not one of your best subjects.
Sujood,
You have made a mess, full stop. " I Have made a mess with the May's and so have you my friend."
I think you mean the math's ( no mistake there on my part... that's for sure ), the mistakes are all yours.
You stated in your post @ 13:59 "But for this person buying at .026 if it goes up to .027 then they get £3700 back. So imagine many points rise after that."
Where have you suddenly got 0.036 from?... and the buyer paid 0.0269
It's simple math's... maybe this game isn't for you!
Sujood,
Been looking at this, but not followed before.
Can you enlighten me why :-
1. This is heading North?
2. The only way is up now?
… I guess you've researched well to justify those statements.
I'm good Gary, hope you are too.
Yes I can't remember who the clown was either. Came a ramping saying it would hit 3-4p in old money when trading around 0.7p mark in 2018 before the recent 1:100 consolidation. Was it 'branston' or similar? … got a ban for abuse in the end.
Remember CH's 'first gas flare' furore in January 2017, better described in the attachment below as a torch. Lol
I'll clarify for the newbies:-
http://www.slovenski-plin.si/pdf/Notice_on_preparatory_work_24-11-16.pdf
Weathergeek,
When you use examples (FUTR) like you have, it would also be of benefit to all and more prudent to also reveal the fact that the SP at 13.0p was consolidated by 15:1 on 31.01 2017, hence 195.0p should be used as the multiplier, not 12.5p.
It's also for that reason there are only approximately 98 million shares in issue, rather than 1 billion 470 million:-
_____________________________________________________
Mon, 30th Jan 2017 10:54
RNS Number : 4556V
Future plc
(the "Company")
Listing Application
A listing application has been made for one ordinary share of 1p in the Company to be admitted to the Official List of the UK Listing Authority and for trading on the London Stock Exchange. The share is expected to be admitted on 31 January 2017.
This share has been allotted ahead of the proposed 15:1 share consolidation to ensure that the issued share capital of the Company is exactly divisible by 15. It was allotted at an issue price of 13p and will rank pari passu in all respects with the existing ordinary shares of the Company.