Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Https://quoteddata.com/2024/04/digital-9-results-nav-slashed/
Let’s hope accounts turn out to be overly cautious about potential earn out following Verne sale! Disappointing Aqua Comms valuation written down again.
Hopefully these changes in accounting methodology are not borne out in practice.
Hopefully we will get word tomorrow Monday regarding the US$ 25m due 26 April. Annual accounts also due by end of month. Might give a boost to the share price. Seems to be range bound 20-22 p.
https://otp.tools.investis.com/clients/uk/digital9_infrastructure_plc/rns/regulatory-story.aspx?cid=2647&newsid=1803902
51.76%? A majority shareholder, so how are D9 using their power? Zero evidence to date! Just no transparency about this investment and how or when it can be realised! Need to be a patient investor. Meantime IM and other fees etc pile up at small shareholders ‘ expense. No wonder the big boys have sold out! I just wish I had confidence in the DG9 board, if there are still directors there! Wishful thinking methinks.
I cannot understand why the directors did not defer any decision on the strategic review until after the Verne sale had completed. Surely, this would then have created greater clarity about the future options for the company and aided their decision making? I think it was premature to announce a managed wind down at this stage with the Verne sale still up in the air. I just don't think this board of directors is up to the job. In a few weeks, we will get a trading update, an "independent" valuation of the assets and the full annual results. These documents will tell a tale. Meantime, I cannot believe this company's market cap is around 150 million today! If I had bigger pockets and could afford to wait, I would certainly be loading up at the current price. Someone is going to make a killing on this company, but not the small shareholder methinks! AIMO
Looking for some director buys to show confidence in this company….notably absent this year.
When did the company know about this? Date notably absent from RNS. Not talked about in Monday’s webinar, but lots of selling last few days. Makes you wonder.
A big dump of around £0.5 million shares around lunchtime. No communication from this company. Maybe bad news coming. Can’t understand why no update about progress of Verne sale. Not even any reassurance that current volcanic activity will not impact Verne activities. Does not inspire confidence in company. Just my opinion.
Thanks RPB1. Appreciate your feedback.
Just sent this email to Numis - won't hold my breath for a reply: FAO JAMES BLACK I hold shares in the above company, which I purchased using Hargreaves Lansdown's online share dealing service. I note from the Company Announcement of 14/10/2016 that it may be possible for existing shareholders to buy more shares at 1.5 p, subject to the "Broker Option" being exercised by 28/10/2016. Have Numis exercised this option? If not, will it be exercised by the deadline? If the option is exercised, I would wish to subscribe for such shares as are available to me, but I'm not sure the quantum involved or the process for acquiring them. Please advise the maximum number of shares I could buy at 1.5p (assuming the Broker Option is exercised). Would you accept an instruction from HL? What is the deadline for receiving such an instruction? Please advise ASAP
Bryn, I have no idea if the option was taken up or not and that's the problem! As a small shareholder I await with baited breath whether I will be offered extra shares at 1.5p.
No indication this will be exercised by 4 pm 28 Oct 16
On company website today