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The charts have this going down with the range being 3.07p to 3.45p. I expect this share to drop today and tomorrow, but by how much? Your guess is as good as mine. aimo.
Even the MMs are staying clear. Says it all really.
Looks like I was right when I said who is buying above placing price? James Bond 0.07p incoming if it carries on sinking. It is like going on a date with someone with herpes. It is not going to end well. aimo. gla.
You are probably right Wakey. This has James Bond share written all over it. 0.07. aimo.
That makes sense PKR. Shame they didn't clear that up in their rns this morning. So basically, they were under subscribed by 47K in the retail offer. For a company who need the money, I still find it strange that they couldn't hit their 200K retail offer target.
If they knew they would not be able to raise the 200K, why didn't they extend it by a day? The discrepancy in the rns is baffling. I am still confused as to how much they actually raised in the retail offer. Was it 150K or 180.8K....? Your guess is as good as mine.
I just find it very strange how and why they could not raise the full 200K...? Clearly, there was not a huge demand for the shares perhaps? One sentence says 0.15 million and the other sentence says 0.18 million. Strange.
I have just cancelled my limit buy order of 0.10p. That is how confident I am in this share. Too risky for me I'm afraid. Been there, done it, got the t-shirt etc etc. I will leave you guys to it.
Anybody buying above the placing price of 0.10p must be crazy imo.
Own up, which one of you bought in with seconds to go before close...? Ouch.
21-Mar-24 16:29:51 0.24 369,170 Buy* 0.22 0.25 886.01 O
21-Mar-24 16:29:31 0.24 592,304 Buy* 0.22 0.25 1,422 O
21-Mar-24 16:29:28 0.24 500,000 Buy* 0.22 0.25 1,200 O
21-Mar-24 16:29:20 0.24 1,000,000 Buy* 0.22 0.25 2,400 O
Might as well pull the toilet flush on those pounds........................!!
The retail placing is a bit of a farce imo as the minimum one can invest is £50, but there is no mention of the maximum, so I take it that most of those who take part in this retail offer will either get no shares at issue price, or if one is lucky, 50 squids worth. There is no timescale as to when it is going to end either, so being AIM, probably will close either tonight or tomorrow. I remember HE1 doing something similar and it lasted for hours and not days. AIMO.
Ouch. Thank God I didn't buy in this afternoon, or indeed this morning. Well done to those of you who held their nerve and waited for the inevitable after hours rug pull. There are going to be many of you reading this with averages in excess of 0.25p and in excess of 0.30p no doubt, who are going to become the new baby holders nursing 50-60% losses tomorrow morning. When one reads the small print, there are no guarantees this will survive beyond the fund raise as you guys will have to vote on the second tranche of shares being released at the AGM in April. On top of that, Allenby have picked up 200 million warrants at an exercise price of 0.15p, with a 5 year time frame to exercise them. It seems that everybody apart from the shareholders have done very nicely out of these fund raises imo. Have a read of this paragraph from the last rns:
In order for Second Admission to proceed, among other things, Shareholders will need to approve the Resolution to be put to Shareholders at a General Meeting. If the Resolution is not approved by Shareholders, the Second Placing Shares, the Retail Offer Shares and the Subscription Shares will not be able to be issued. If that were to occur, the Company would receive significantly less funding than anticipated from the Fundraise and the Board believes they would have little alternative but to put CAP-XX into administration.
There is another paragraph under this one in the rns outlining how the warrants will work. Another ouch. I wonder if InvestorAce bought back in and wished he hadn't? I am sure those of us who held our nerve and waited for the confirmation of funding etc, will be the ones smiling tomorrow morning at circa 0.10p. TTFN. AIMO.
Now that you have made some money InvestorAce, you can buy yourself some new inflatables. I was going to offer you my used ones if your 10K bet went t*** up. Are you buying back in I wonder...?
In the absence of any detailed rns, this will retrace back to 0.20p by close of play today as it will fail to gap up to 0.39p imo. That is where I will buy in if it retraces to 0.20p. Aimo. Back to my doll and candles in the meantime.
Investorace, firstly, I am not on X and secondly, I don't need the assistance of a doll, but you clearly know an awful lot about dolls. Blow out the candles before you use your doll tonight.
The reason why you anticipate a TR-1 showing a loss is because everybody and Adam are bailing out of here. Like I said last night, please blow out the candles before you leave the building. The leccy is off at the moment due to non payment.
You are probably right Molatovkid. They forgot to pay the leccy bill.
Will the last person left in the building please remember to turn the lights off before you leave. Thank you.
Crunch, I have given up on teaching Mr India how to spell definitely. You are fighting a losing battle if you try and change him.
I wouldn't touch this with a barge pole. It is another Amte scenario imo. Be careful guys and gals.