Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
I agree it doesn't add. You can't say no placing short term and then do a placing 10 days later. Bonkers. I looked on LinkedIn, 7 job opening two days ago in Cambridge. Again makes no sense for a placing. Map 20m same as abdx and gdr, but our revenues have always been better and less loss. Even of 2.5m needs to be paid back, it won't be straight away, surely the got can be leneint and ask back in installment over a long period given they the one that made the mess. They now have 17m of equipment they can make good use of it for producing other stuff. Makes no sense, rumours just to profit the shorter.
Thank for sticking up with my figures, otherwise I would doubt on my ability to do maths and have a maths degree and doing complex calculations everyday for a living lol.
Computer I'm talking about after the 50% discount we will be 66%. Or more precisely 183 current shares in issue vs 183 + 100 after placement. Ie 64.7%. If they sell at 10p to raise 5m then only need to issue 50m, then we own 79%. Unless you are saying we end up with a share price of 2.5p then you are being ridiculous.
Computer do the maths 5m at 5p is 100m shares vs current 183m shares. No way we end up with 33%. The article is fake with fake numbers. Stop spreading rumours.
Also if 5p is the placing, need to sell 100m to get 5m. So existing shareholders is 66% not 33%. Extremely awful reporting by share prophet. The content doesn't make logical sense.
Couple of weeks ago this was 20p, why offer at 5p, makes no logical sense. Should ask the market makers to drive the price up, we all know market makers are dodgy.
I'd like a big american company to takeover and pay 50p a share. 100m be very cheap for multi billion dollar health company.
This journalist i googled is not a credible source of info. So wont pay attention. when they said short term no need id expect a minimum of 6 months of no placing etc. Also makes more sense to raise capital when share price improves to get more money for less issued and less impact of dilution.
Yes alot have netted off. But so far, £100k worth of more buys vs sells, which is unusual, so buying power is winning.
I see quite a few 100k buys going through.
What's your prediction, 20p, 30p etc? I expect a rebound to 20s by end Feb then will be stuck there for a very long time.
He hasn't jumped ship, he hasn't joined another company as per LinkedIn. He was sacked for the bad handling of the lft contracts. Somehow it makes sense for jag to be in control to get the sales higher of non covid business.
Siles i agree. That's exactly why I topped this morning at 11.25p, looked at fy2020, rev was 9m, hy21 already 5.5m, so full year over 11m, so for like for like if sp was 16p in Jan 2020, then I'm expecting 19p min now.
I thought every one wanted colin out, now he is out still not satisfied. I really do hope a statement from jag by end of next week.
Yes, I have to pressed the stick on the tester to get any liquid flow through. They are sh##.
Update, only able to fulfill upto 75k. The tightening is reflecting in share price increasing today.
They are unable to fulfill an order of 10000 shares, looks like the inventory is tightening. Maybe increase price to get some people to sell?
Who reckons we will be back to 20p by end of Feb? I think we will.
We are below precovid share price terrority now, so let's forget about antigen approval and look forward to other parts of the business which are doing at the levels pre covid. I bought 8000 more share this morning at 11.25 but showing as unknown, but buy price has shot up to 12.2p so reversal has started. Share price I reckon will touch 20s in a few weeks, but unlikely to go much further.
Thanks for the link prime.
The way I see it, government ahould be fined for false promises rather than the other way round. I voted Green Party last time, otherwise all my life I was a troy supporter. The tories getting worse and corrupt by the day.