Member Info for ShareScare

Starchild no, I am saying you posted an untruth

Prozac "New holding 405.1 million shares"

Will you retract your lie ? Or are you going to go all starfish on me ?

"Reality as opposed to "Ramping"............."

So I am a ramper for posting factual figures ?

Reality as opposed to "Damping"............. Don't worry Prozac you were only 40,000,000 out you still got a D minus, better than SCs F
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L.Os position from the RNS 14/1/21 = 217,713,481
L.Os position from the RNS 19/1/21 = 356,013,481

So L.O sold 46,700,000 in 3 days from Tues 12th - Fri 15th
Leaving them with 171,013,481 from the original funding
They made the call for the 185,000,000

171.013.481 (overhang) plus the call 185,000,000 = 356,013,481

They also still can double the call and get an additional 185,000,000 Which would take the total (minus any sales) to 541,013,481

So known overhand presently = 356,013,481 (23 days to clear at current sales rate)
If they double the call = 541,013,481 (36 days to clear at current sales rate)

With volume improvement on lead up to results the sales rate will increase reducing the number of days to clear dramatically.

Zag 1 trick prozac

Nice attempt Prozac I give you a 3 out of 10 or a D-

Hmmm they have made the call, TR1 RNS today shows they called the placement from Friday.

If LO want to gamble they already have an option in place

"As part of the initial Funding Agreement, the Investor will also be issued with warrants, valid for one year, to subscribe for a further 93,750,000 shares at a price of 3.0p per share and a further 93,750,000 shares at a price of 4.0p per share."

They have 12 months to take these options so that allows them to wait on results.

Bryn, The RNS does not lie, they have been selling. They want their 15% and would likely only gamble a small amount of any holding.

Yes let me make that clearer, the last RNS from BPC announced the placement

Todays RNS confirms the put was called on the 185,000,000 placement.

There is still an option for another 185,000,000 if LO chose to double up, that would be the subject of a further RNS.

Jolly they actually have until 16th of April, so the sooner they get them the longer they have to get rid of them

Yes, its in the public domain so help yourself.

Smoggy yes, the call was made. LOs new holdings are in todays RNS

The 196,875,000 shares admitted on Friday was made up of 185,000,000 (Put) the rest was for advisor fees.

LO did take the call hence todays TR1 RNS

Zag, never under estimate the power of the shooting star and inverted triangle, do so at your own peril !!!

"I hope he is sober this time,,,,"

It's always rum o'clock in the Bahamas.

lol Laallee you win the internet today, here take this 12p

In Bahamian folklore he is the oil oracle, boots on ground, ears to the wind, nose to the oil.

All jest, you need Laallee to intervene

I made a post without reading this first.

LO have actually increased their position 25% not 50%

Their current holding is made up of what is left from the original funding deal (375,000,000) + the call (185,000,000)

They still have the option to double the call adding another 185,000,000

L.Os position from the RNS 14/1/21 = 217,713,481
L.Os position from the RNS 19/1/21 = 356,013,481

So L.O sold 46,700,000 in 3 days from Tues 12th - Fri 15th
Leaving them with 171,013,481 from the original funding
They made the call for the 185,000,000

171.013.481 (overhang) plus the call 185,000,000 = 356,013,481

They also still can double the call and get an additional 185,000,000 Which would take the total (minus any sales) to 541,013,481

So known overhand presently = 356,013,481 (23 days to clear at current sales rate)
If they double the call = 541,013,481 (36 days to clear at current sales rate)

With volume improvement on lead up to results the sales rate will increase reducing the number of days to clear dramatically.

Well lucky for you/Simon Potter the price has not fallen below 2p so as of right now the worst case is 15% of what the funding raised. But we also know most of them have been sold above 2p so it is unlikely to be as high as 15%

Was there an actual point or was that it ?