The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Pot calling kettle black much!!!
Why do you think any one called MAVIS would ever be considered to be a Lady of the Realm?
Why do you think that anyone cares what she called herself in a soon to be defunct company?
Your just trolling and not very subtely
There is no way there would bother rationalising the stock if they didnt have clearance to relist and the funds to do so? These kind of actions cost money and administration time. I am confident we will relist within a couple of weeks
Its easy to discredit a non-quoted company but those who are invested here would rather the thing requoted whatever anomalies people come up with. Its also the case that those who are in higher up may or diluted may wish to average on opening which could provide support assuming it refloats. Its a moot point whether Stevens is a Lord or isnt, since he isnt a director and his wife invented the invention, not him. Perhaps, when he was selling the barrier to merchant ships he considered it a marketing ploy to acquire such a title, who knows?
Gary Smith has all the right contacts as does others in Guardian. This could rock and roll in a few years time. Silly to take chump change on the opening unless your really stuck for a few hundred quid.
I was thinking when it did not appear as quoted under the publisised ticker whether Guardian had changed or varied the ticker slightly and therefore I needed the new one to see the alleged quote. When the man answered that the quote was the same I realised its not been quoted yet.
Its not open and its not trading, these are just individual brokers playing or tweaking their systems pending the imminent relist. Everyone knows its coming back including the brokers, price will be whatever it will be. I aint selling for 2 years just like Stevens
I should add that were it to be requoted at the mooted 0.080p I wouldnt be inteested in selling anyway so its a moot point
Yes Tongo
I read them all and know them all by heart
They are current unquoted. That is all have said.
Brokers sometimes run dummy quotes on the stock prior to relisting to check the feed is still working, its not a real quote and you wont be able to trade off it either to buy or sell. Try!
What is the code or EPIC?
Exactly Tyre Tread, lots of key board warriors especially on the ADVFN site but they obviously have an axe to grind or so they believe. One is believed to a Newfie contractor that ENIGI had a dispute with, and the other one is believed to be a Lotto Scratch winner who lost 70k due to a second unplanned rights issue of which he hadnt been notified. In either case, their beefs are very selective in their thinking and have nothing to do with Guardian Maritime. Here we have some legacy holders, most of whom, are heavily underwater. Its more understandable that there should be some doubts as to the direction of the business but in agreggate we represent 23% maybe of the shareholders so we are not that relevant going forward. We are effectively getting a ride off the new backers and Stevens so perhaps its best we thank our blessings and stop carping?
Although, the History, or lack of it, of Stevens is not really that relevant going forward, pray tell to what History your alluding to?
I
Correct, my understanding from Stevens was that the outright sale occured because Guardian lacked the resources/funds to defer payment and allow for lease terms. Once it becomes a PLC I would expect them to move away from the sale model completely, and move to lease/service arrangements, probably offering installation as well in certain locations.
For Herbie
I agree re the rental argument. I also thought it was a mistake to sell the product for a one off sum, and also believe it should be fitted by the company to keep the warranty in situ. Its doubtful that their really maximising the barrier income with their current plans. That leads me to conviction that there are other plans afoot to generate revenue other then the one off sales of plastic barriers. What those plans maybe, I am not sure but they must also be in the field of selling products concerning maritime security, possibly as a agent. Hopefully, they can develop into a "one stop shop, or go to company "for such products in due course. Clearly, other sources of revenue are going to have to be found to make the shares valuable and saleable to other investors.
Ying Tong
"The idea of a few institutional holders in effect pulling the strings is frankly, in my view, a complete fantasy".
As your a self confessed NON - SHAREHOLDER your views hold little relevance to either me or the company
The Company rightly sees the historical shareholders who were seduced by get rich ideas of Wild Cat frontier oil exploration as a historical accident. The company's business has changed as it seeks to move away from the "all or nothing" approach and become a regular business paying dividends. That essentially means that most, if not all, of the legacy shareholders will be divesting their holdings at the earliest opportunity and so the reverse flotation was not marketed at these types of investors. What the company is seeking to do is attract a core of 5 or 6 institutional investors who it can draw upon for further funds as the business diversifies and progresses. As manyhypothosis that it what it will need to do to produce sufficient revenue to pay all the company personnel sucking at the company's teat. I dont see most of the people on here being willing to invest further funds in what has been a loss making investment for 100% of those on here.
There is a slight delay due to book building requirements to take the legacy stock so the stock doesnt crater on opening. No one wants a bad opening in the stock and those that need or want to sell have to be able to do so in an orderly fashion. The funding issue, as I understand it, has been resolved, although details of the allocations for institutions are still being finalised. Demand for the stock, as I understand it, has been high although recent market wobbles may have led to some delaying signature for a few days. Good luck all and ignore the doubters.
Thanks Dickbat. Its really obvious that most of the holders here wont be around in a few weeks and there not being given a specific reason to hang about. All is as it should be, the stock market is merely a mechanism for transfering wealth from the impatient to the patient