Member Info for tooldforthat

They raised £500k, so only 3m shares to issue so not much dilution at all which is great, as it means we still have under 50m shares in issue

If they get an RNS out first thing in the morning then I think this will open up.

I don't think anyone was at the AGM cause that was over quickly, what needs to happen is for Stefan to get the boot, he cannot ask for his current £250k salary to continue

If I had spare money I would have because of the new people in charge, but I have already invested over £10k since my first purchase which is way more than enough for me.

Well it's over with in 25mins, they have got plenty of time to calculate how much they have raised and get the RNS out for 7am tomorrow

am I right when I say that there is an offer for shares in adme which is going through on the primary bid platform for individual shareholders and institutions to acquire shares, known as the OFFER
Also in conjunction with this there is a fundraise going through pello capital by way of an accelerated bookbuild which will be launched immediately following this announcement, known as the PLACING.

Am I right or am I wrong, am I getting myself confused with the terms or is there two fundraises running in tandem.

Oh well, all we can do is see what happens Monday morning, pointless me trying to second guess anything as it is not in my control. Got my fingers crossed for all concerned that this turns out good

I do think this is to let the shaikhs'friends in, the thing that riles me the most is that we still have pello as broker and arranging it. But worse of all primary bid is owned by DARWIN, another **** poor bucket shop broker who have ruined many aim companies, we need to get rid of these investor value destroying bucket shop houses and get a reputable broker and our biggest problem is that STEFAN has form with these and he needs to be got rid off. But we know the raise will be a success and hopefully the last

So Monday morning we should get the result from the primary bid raise

Yes your right , my mistake I put an extra digit in somewhere

Well the share price went up four fold when the shaikh bought in, so if his mates buy in this time, then let's see the same happen again from 16p to 64p

Have calmed down now and starting to look at it a bit more logically and see it as a good thing as we can get all the good news now that they have the money to move forward

The reason it was announced at 4.30, is because that is when the door opened for the offer on primary bid so no matter who you are, we get the same chance as everyone else, which is fair

Just looked at AGM circular, they have authority to allot £69770 in nominal value, so basically 70m shares which at 16p raises £11m. Enough to get on with phase 2 at oml113 finally

Just thought didn't the AGM have a resolution on issuing shares upto a certain amount of the current shares in issue, cause that may give us the answer to how much they can raise

Have just installed the app, adme comes up as soon as you launch it, you have 1d 22hrs left to subscribe

I hope this isn't how OO raised $300m in the past

After considerable thought Stefan has agreed to take a wage cut to more reflect the companies current size and his position, his wage has gone from £250k to £35k a year

I don't know blue, having read the RNS again I am wondering if this is to let individuals the sheikh knows get in without going to market. If pello wasn't involved I would probably be ok with it. As long as the total number of shares in issue remains under 100m I will be happy, but there is obviously assets they are after as they say it is going to be used for investment, if it is over subscribed as I have a sneaky suspicion it will then the share will rise considerably as they have all the money they need. £9m raising would double the shares in issue, which I would be ok with

You'd think they would have got it off at a premium, it does look like they are trying to get a more established institution on board by reading it, and it will be over subscribed before any of us get a look in