Member Info for Toffeeman123

https://www.investegate.co.uk/cambria-africa-plc--cmb-/rns/investment--update/202210271216473721E/

LOL, Market cap here £2m. Just put £1.5m in the bank alone on this rns. Add all the other stuff this is massively underpriced, imho.

Brilliant news. Should re rate on this RNS

agree, they must be linked. Sounds like they may have been issued prematurely.

About £150k sold around half one, similar amount should have been issued today but they caked it up, seemingly hamstrung until they can produce a prospectus. How long BOD? Would be nice to give some guidance?

3%, though if I had 2% I would declare I had too many.

Its certainly hardstyle trading. The headhunters are around.

Well, the issue of shares was part of the debt restructuring, so does this announcement put the whole restructure at risk? It certainly puts it on hold until the prospectus is sorted. It also makes the company look like a bunch of amateurs. Guess that's why there is selling.

"Further to its announcement of 10 October 2022 regarding further funding and funding restructuring, Dukemount Capital Plc, has issued 128,132,190 ordinary shares following notice received to convert a portion of the outstanding amount on the funding agreement dated 14 September 2021 (as amended on 10 October 2022 by a deed of variation) (the "Funding Agreement").
Hopefully the party who gave notice to covert their loan is understanding and can wait for a prospectus to be put in place. This does not reflect well unfortunately. How could a basic error like this occur? Sounds like the advisor spotted it at the very last minute.

received notice to convert and now find they cant carry out the conversion (yet). Hope this is just a formality.

So, IF this scenario is correct they would be incurring a £200k loss (approx) on behalf of shareholders to ensure shareholders are further diluted. Hmmmmmmm...

The site I use for info/advice had Vela down as strong buy on moving averages and technical indicators. Boom. 50m sell, lol.

right up until the last trade. First four hours was as brutal as I can remember in terms of number of sells. Dropped purely on volume of sells, three or four attempted rallies swatted down with distain. Looks for all the world like a forward selling of a placing and the abruptness with which the selling stopped at 14.5p says its going to be 14p? They will be very brave to announce it before the presentation.

I don't mind a bit of jiggery but I won't stand for any pokery.

Very difficult to gauge this one with so many tiny trades actually moving the sp, like five quid trades, loads of them. One minute its flying next its tanking. For months it was sells dominating so hope everyone is enjoying the last couple of days. GL.

I thought they reached the pinnacle of farce when they bought shares in another investment company but if they have managed to buy shares in themselves at a 33% loss that will top the lot.

well if that's the case the BOD could cancel the shares automatically increasing the value of all other existing shares, which would obviously be a first for them.....

Don't think anyone has a clue what the story is with the 4p trade. Probably a total red herring but on the off chance its a genuine trade to a big investor I reckon its worth a dabble. Downside pretty limited from here I would say as well.

Lets hope it wasn't in his contract that the company would buy back his shares at 0.04 if he left. Would be typical though.

Trading update was fine a while back, approval for new product in USA today yet just more sells. Placing coming? Cant work it out, looks a stinking buy.

Patience has its advantages but so does luck. I was averaged down to about 6p over several hard months and would have bailed at 7p yesterday for 15% without a doubt. Fortunately(?) I was driving to Newcastle to see the Toffees get beat yet again so sold the lot first thing for around 9p over 5 trades. Rise was a bit too quick to sustain. Back in at 6p if it gets there, looking like 7p could be the base now though.