Member Info for roses

Rightback, I think you’re spot on there. I know I am. If there is some good news and I mean for a change, some actual properly good news then I would happily Chuck a hundred grand in here.

However, I think there is is more likely a consolidation and then An immediate placing on the horizon.

I think he meant ‘ip’ not ‘ipo’

Gilders, how did you come up with that figure ?

interesting post from advfn.

“The fact that whippets account has been deleted at this extremely important juncture should be a 5 bell alarm for any and every single investor.
The brokers are probably on the phone to him saying, well that rns didn’t work, is there any news, anything, anything at all you can try and come up with in the next week that will get us out of the **** to get this one last placing away ? Otherwise it’s an instant consolidation and then p,acing.
All my own opinion obviously.”

Britishbulldog - interesting point. I have Ben saying that for years.

The whole board of directors collectively own a measly 0.4% of their own company, and half of those shares they got for free and the other half were bought in the discount placings.

There are many many shareholders that own more than the entire BOD !

I’ve never quite figured it out, but on every aim stock, there are always corrections after a higher than usual volume rns day.

I think it’s a get out of jail free card for the mm’s if they find themselves too long or short at the end of the day.

If you look at the trade type it’s a ‘deletion’ and correction.

They are just corrections from two days ago.

Quote from that link

Placings

Equity raises are a necessary evil on Aim, as ‘growth’ companies often require cash to develop projects and invest in the business. However, many of these companies are not growth companies, but lifestyle vehicles for the directors. What may start out as an exciting dream to build a business eventually ends up in failure, but the directors have then become accustomed to increasingly higher salaries despite the share price going increasingly lower. A turkey doesn’t vote for Christmas – and so they hold on to their positions as long as they can. All of this, of course, is funded by the retail investor.

The company is a vehicle that pays the directors' salaries. It also pays the Nomad. It pays the broker (which may also be the Nomad), and it pays the PR agency. All of these parties, including the directors, have an interest in the company continuing, because without it they are all out of jobs. Therefore, there is always a new story or a new project to invest in – so long as retail investors continue to fund story stocks then the company will continue. If you are going to invest, it’s worth checking how much the directors have taken out of the business and how much of their own capital they’ve put in. Nil-cost options do not count – this is simply transferring shareholder cash into the directors’ pockets.

I think vals bod would need to defer more than 33%. More like defer 66%

An ominous sign that George’s account has been deleted ?

Freddy, that is the time of a delayed trade that just popped up

The last trade that went through was 95 shares for 0.1215p at 11.05am

It’s probably true what he said, if the sfo and the fca are going to get involved.

You have had plenty of opportunities to trade it if you wanted to make money.

That was one of my favourites.

You can almost smell the desperation !

Lol, of course they do.

Whippet, I take it you will yet again refuse to acknowledge that the company has literally no cash left ?

Eyeguy, you weren’t spiked first thing by any chance were you .

George, you can’t be serious, surely?

Whippet, it’s not pathetic because it’s exactly what other companies do !