The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Your right rog. sick to the back teeth of the aim market which by the way is actively encouraged by uk gov as a vehicle for joe public to invest their isas and sipps, disgraceful, dress it up as much as you want but it is stealing in another guise and the markets just oil the wheels to allow it to happen.
The trouble wobble is that the criminality bar is set so high on lse that is is near impossible to break the law and be found out. if you look at trades between 13 mar and 26 mar over 3.4billion shares were traded on a company with only 800m shares whose shares have been traded very modestly over the last 7 years. that says it all. the A-word rns on the 13 mar triggered this and you can only come to one logical conclusion that this was planned. various theories have been raised on here, naked shorting being one of them. the whole thing is a disgrace to genuine private investors, borders on if not illegal, is immoral and the authorities should be ashamed of themselves by allowing this to go on unchecked. the fact the 50+ lth club remain so quiet speaks volumes. makes the uk post office scandal look legal. only hope that the authorities are for once doing their job on Aim and that the reason for the long suspension is they are gathering evidence, hopefully from some whistleblowers. lost 90% of my pension savings on sxx and capxx - must avoid shares in the future with xx in their name. don't let the insidious perpetrators grind you down!
Once again the authorities have saved short sellers. Yeah but why did capxx issue a doomsday rns - they could have left out the A word and the sp would not have fallen anywhere near 80%. so it seems it was intentional to achieve a certain outcome
Well most on here have to admit that everything that could have gone wrong since Nov last year has gone disastrously wrong. could capxx and its lawyers really be that incompetent. an outside neutral observer could easily be mistaken to conclude this whole thing has been carefully choreographed and that kongats knew what was being planned and didn't want anything to do with it. who knows with the aim market whose only purpose seems to be to steal pi money
Hope your right mickey. But if you had just suffered an overnight 95% paper loss of your investment, probably £75k each (as most of the 50+ lth club have) and you had a direct line to capxx directors would you be content to sit quietly and wait for the 0.1 pence fundraise which just cements your £75k paper loss for years if not forever. Of course not. fundraise will not go ahead imo. so the question i ask myself is what post admin arrangement to reverse favored investors losses is possible?
I look to the 50+ club of lth pis (owning 10%+ of the company) for any clues. they are prob 95%+ down on their investments and yet they have all pretty much lost their voices here, but have indicated they continue to engage directly with capxx. most of them probably need the sp to recover to 3-4p just to break even. I just can't see that happening for many years if capxx manages to avoid administration, so what exactly are they talking about to capxx? my view is that there is a real possibility that the 2nd fundraise will not go ahead. so what post admin arrangement could the 50+ club (along with other favored current stakeholders) be hoping for to help them recover their huge losses?
Still find it very odd that most of the 50+ gang of PIs holding 10%+ of the company lost their normally outspoken voices after the 80% drop on the admin rns. this gang had been in their own discusions with capxx and had been invested for years with averages of prob 4-5p. their silence is odd. have they participated in the retail offer to get their averages down to 1-2p or are they avoiding it as they have a clearer picture on the future from their chats with capxx. what have they heard from capxx that mere mortals on here are not privy to? all very suspicious. If this somehow survives suspension then will the sp dive again? hoping there is an investigation ongoing
Think this may have been shorted big time over last 3years, someone here suggested Cannacord were? despite losing the case to maxwell it seems shareholders were in so deep that they still weren't selling and so this may have been creating huge problems closing shorts, who knows. and then the A-word rns. whole thing is disgraceful. if criminality at play then need an insider whistleblower to divulge criminal behaviour. thats the only way to change Aim behaviour.
Still waiting for a WHISTLEBLOWER to pull the cards down on this corrupt market.
So again, if there has been any criminal behaviour going on in the last few months then hopefully a whistle-blower will have the balls to say enough is enough with Aim. the way ordinary folk have been turned over is scandalous and makes the uk Post Office scandal seem legitimate. COME ON WHISTLEBLOWER, what do you know!
Come on LSE/FCA, once and for all, it must be easy to investigate this as the company is tiny and the nr of individuals and parties involved are small. Use the investigation outcome as a benchmark to clean up Aim. Start looking after the little man too.
If there has been any criminal behaviour going on in the last few months then hopefully a whistle-blower will have the balls to say enough is enough with Aim. the way ordinary folk have been turned over is scandalous and makes the uk Post Office scandal seem legitimate. COME ON WHISTLEBLOWER, what do you know!
Come on LSE/FCA, once and for all, it must be easy to investigate this as the company is tiny and the nr of individuals and parties involved are small. Use the investigation outcome as a benchmark to clean up Aim.
And depends on how much they are paying re Maxwell court fees and to get Tesla to withdraw their action. Interesting no furrher tr1s considering the extent of share churn, who owns most of these now, will be critical if we get to agm vote. joining the dots i'm 90%/10% this will now go into admin, with placing offer being withdrawn.
Never understood why, after Tesla acquired Maxwell, capxx didn't offer Maxwell ongoing royalty free (confidential) licence instead of suing them. PR would have been huge with other potential licensors none the wiser that Tesla/Maxwell were paying zip
Still find it puzzling that tradingdutchman and his band of 50 lths with 10%+ holding (with a 95% paper loss) have lost their voices, it doesn't add up. Before the placing announcement td indicated instead they were trying to talk to capxx directly. so what do they think of the funding proposal? Is td's band the other investors referred to in the £2m placing. if so then like directors it looks like they are not risking anything more at this point. their silence is worrying, cloak and daggers
Who trusts capxx. why did IIs bale out at a huge loss on there original investment? for sure they would have been aware of capxx/Tesla close to reaching an agreement. all being stage managed imo to end goal already fixed, but what is their end goal, admin or not?
Why the 2 tranches, why risk £100k now in the 1st tranche when admin still a risk? directors not taking a risk on the £30k as part of 2nd tranche. As said, who will own the majority of the 800m+ shares in circulation at time of yes/no vote as they will decide fate of private investors holding at that point. that said I think a lot of PIs will take a plunge if this falls below placing price in the next week
Who will be holding the shares by the time the yes/no vote comes around. yes vote is not a forgone conclusion. a lot of smoke and mirrors over the last few months. is there a scenario even where capxx want a no vote to take into administration. as unlikely at it seems nothing would surprise me. very interesting who will be voting ie what will share ownership be when votes are cast