Member Info for Trendz

.... there will be some good entry points for new investors over the next few weeks. Effectively the market has pegged Eco back to square one.

On the back burner until 2021... thoughts ??

Rights issue would be the nail in the coffin for Tullow!! Hope not

Dead people.... No - I can see some big! movements tomorrow - plus or minus 15%

Jimzi - Yes, that would allow a termination as it would be a material adverse change / usual termination right. You can't pull out of these type of placings just because the business suffers an unfortunate operational issue which does not arise from fraud or force majeure.

Jimzi, as a lawyer myself and having spoken to a reputable AIM Nomad/Broker lawyer, you aren't correct here.

Sonofthebull - could be but i would expect an RNS confirming so and the exact time they are admitted.

Again, please don't shoot! but, given that the placees were locked in, legally, on 8 November, isn't there a risk that they may dump shares once admitted to trading (presumably later today) to claw back some of their equity financing, albeit it at a much lower price? I'm not saying this will happen but would like to hear people's views.

It always pays to look at things from a legal point of view - I’m thankful I checked in with my pal! good luck to investors. Some horrible attitudes people have on here

When i was referring to 10 pence, i was anticipating a second placing required to raise additional money. I'm not deramping at all!

So, I had a long conversation with a friend of mine who works as a lawyer representing AIM brokering houses.

The placing deal (price, number of shares, participating placees/investors, terms etc...) would have all been completed on 8 November.

The placees would have given an irrevocable undertaking to subscribe for the shares allocated to them. In giving this commitment, they agree to delegate all discretion in the completion of the placing to the broker, in particular, any rights to terminate the placing in the event of a force majeure event or a material adverse change or warranty breach.

So the main positive here is that Bybrook didn't try and wriggle out of the placing, which I think would have been quite hard. The Liberator F-up would not have been grounds for the placing to have been terminated.

I'm still struggling to see why the 50% rise on Friday but am keen to buy in here so if anyone can enlighten me, I would be very grateful.

But is this new news? The placing deal was done and announced on 8 November. The BP new warrants are merely a right to buy shares at 40 pence and have been granted pursuant to the terms of the junior financing from earlier this year. Why wouldn't BP take up these warrants? It is just a contractual right they are taking up, with no downside...

Apologies if i am missing something... I am neither short nor long! Please enlighten me!

The insider dealing last Monday is shocking - an absolute disgrace. What will the placing price be? 10 pence a share??

....

First week of December??

market reaction and cost me five figures. If you don't de-risk and take profits off the table, AIM will punish you. I suspect the SP will take quite a while to turn around and I for one did not fancy that and bailed at 8.05 on Tuesday. My gut feeling, and reading between the lines, is that Tullow will abandon Jethro and Joe. GL to all continuing shareholders, i sincerely wish you all the luck in the world. It's been a hell of ride for me and I truly hope you make shed loads of cash. Signing off.

Booom! Great news to wake up to. *books visit to Porsche dealership in* - too premature ??

If they were privy to inside information provided by the company, they would be restricted from dealing. Normally shareholders are only provided such information in relation to funding discussions....

The interims were published in August. Just checked and a trading statement was made 15 November 2018. I would expect a trading statement soon but it’s not in the financial/investor calendar ...

Does anyone know when the next trading update is? Last year it was around mid November...

Some very strong buying leading into the trading update....