The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Buy or sell... looks too high for a large sell and too small for a large buy :-(
promised from the emusic live venture? Seems no revenue and lots of costs instead.
Promised operational profitablity but lost £4m!!
Absolute disgrace.
Another crappy RNS. Why are they not mentioning the 6,000,000 warrants at 7.5p as part of the subscription. We have to go to TruSpine for the real mechanics.
I think you are missing the £650k that Bixx Limited owes Vela? That is pretty much covered by Bixx's investment in ARB.
THGambler, I think there is a hole in your calc somewhere. What breakdown do you have?
The current market cap is actually bonkers. The value of the investments and cash in the bank EXCLUDING the £2.35m invested SGSC is above the current trade prices going through. That is despite all the investments being underwater!
This is purely sentiment driven and down to poor communication from the BoD.
Shambles.
This is no different from any one of us signing a form and forging the signature.
Vela have nothing to worry about, and should name and shame the broker.
Apart from the embarrassment, today's RNS changes nothing. TruSpine will be the big losers as their placing was in effect under-subscribed. Vela don't have any obligation to take up the placing.
Vela's cash position is unchanged and have been allotted shares for free at the moment. Worst case is the shares get cancelled.
Fund raise talks about another "rapid" move towards commercialisation. We'll still be waiting for news in 2026 then
How did someone have access to their bank account to pay the money across?
30th March we were promised FAST TRACK returns. Since then the investment portfolio has plummted another 32%. Igraine itself is now 1p per share... we paid 1.8p.
We all do better with picking AIM stocks than this lot.
Low volume so this could push through quite quickly
CEO sat on 6 month options which vest at 0.30p. We'll be getting paid if he does!
The event is another free give away, anyone can sign up and get the stream for free. Paul originally said we would get 15% of sales with the rest going to artists. Well 15% of nothing is nothing... so how much is this costing to host?!???
In the bank
Funds in place to secure its future
Just confirmation of funds on Tuesday will double this back up. Bice gamble for the weekend
Only an increase in the spread - no actual change in the BID despite a 17% rise!
No monthly newsletter since February and no upcoming concerts on emusic live...
Paul busy on his easter egg hunt already?