Member Info for Troutisout1

Not sure why? The AGM has to happen every year, newsflow comes when it has been finalised, the AI resiults could come at any time in Q2, but there is no reason to push news through before an AGM unless it is ready to be announced.
I managed to get another £10k's worth today as I do feel the SP is now very undervalued.....

Actually it is slightly more nuanced than that, the acquiring company make an offer and if it is not rebuffed it is then put to the shareholders to accept the offer (you either accept or do nothing). If the offer gets accepted by a certain majority percentage of shares in issue, then the deal is deemed unconditional, a company can take over another by just holding or having acceptances over the majority of shares (over 50% ), however they will want all the shares. So once unconditional, those holders that haven't accepted can then choose to accept or run the risk of holding shares in HVO being run by a different Company, if they get over 75% they could go private and the shareholders left in would not have a vehicle to trade their shares. Once the bidder gets to 90% acceptance, they are able to compulsory purchase the remaining shares at the offer price.
This is only if it is a cash offer, some acqusitions are share based and investors in the target company would be offered shares in the bidding company at a ratio deemed in the offer.
I would love to see an offer for the Company but feel it is probably still a little early to maximise the potential for any offers...

This is where Investors always gone one bit further, they didn't 'promise' anything they suggested the results would be out in April, if they came out in early May I wouldn't have batted an eyelid, as things can delay publishing of results and they may not have known about those things back when they did the trading statement. However some would say they broke a 'promise' which is entirely untrue but some will bleat on abut leopard and spots, etc for the sake of it.

Sianna,
As you know they haven't answered that question yet, either literally or figuratively.
We shall all see in time, if they do relist then the terms of the refinance will not be good for current holders, what do you think? If they manage to get an RTO how much would the other Company want to pay equity holders for some debt, a stock market listing in the construction sector and a couple of Directors who have made this a lifestyle company for the past years?

Fintech,
Really, surely even you can see the differnece between the two of us, I had to reboot here after a 'computer said no' moment.
I previously posted as Troutisout and have only ever posted as that and the current username on this site, you won't have to go back far to see that...
I was a shareholder here from just after the 0.4p placing and eventually sold out during the CLN and Kevin 'Sunday Brunch' rampfest... I have experience of Geoffrey and Matt, not so much PG, back in the days they were moving away from Universities to Distribution hubs, and other sale and leaseback assets classes, before the gas peakers brought in by Gazzard.

Sianna,
There's negative and there's reality, take off the rose tinted specs and think about it a little harder.

What does a Company looking to RTO into DKE actually get and what is that worth?

Markeurasia, I pointed that out previously, Peterhouse were Broker previously and carried out the placings a couple of year's back , these went mainly to Large Private Investors who all took profits when it reached 1p. Not that much Institutional Support for the Company.
Peterhouse were removed for the new Broker and the new dream which was the gas peakers, the new Broker organised loans and CLNs which were absurd and finally DKE had to back pedl on those. However some of the loans are still outstanding from those days. I can imagine the Broker then resigned as they had done little more than trap in donors and investors and DKE has missed out on the Ga Peakers having to sell them to keep the lights on.
Peterhouse were then brought back in again.
What many are missing here is that DKE owes money, has outstanding loans and will have burn't through all of it's reserves and will still have to pay these mounting debts (Auditors, Broker, Prospectus, Legal, Consultants, etc) before even being able to move forward, so quite why a Company looking to RTO into DKE would do so for anything like the figures being suggested is farcical. The valuation of the joint entity after RTO might be high but DKE shareholders will hold very little of that valuation, as DKE has left itself with a firesale and the only asset they have is a Stock Market Listing which is in a different sector to the one they wanted to be in. If you add in the debts, the need of a prospectus to change sector and this is a very messy shell.
Look at it against other large companies that are on the verge of going bust and you will see that they are bought out for peanuts, equity hokders get wiped out and the acquiring Company take on the brand and customer base, DKE don't have a brand or customer base so the Listing is all they have...

No I had plenty of top ups over the past couple of weeks, I don't see any problem in a surprise results RNS (it is not AIM rules to pre-announce them). It keeps people involved, I like intraday RNSs as well.

It was RNSed as an RNSNON

As he said a distribution would be announced alongside results, I hope there is no RNS for the year end results date, just publish the results one morning and announce distribution to all on the shares register at close of day before.
That way genuine holders get the benefits....

Looks like some people are tucking some away in their new ISA allocation for 2023-2024.

The quoted spread is a sham at the moment, I bought 38k earlier at the bid price of 7.5p , so no telling whether any of the recent trades are buys or sells, but you certainly couldn't sell in any size earlier, so more than likely the last few are buys.

So today I believe we have seen approx. 245k of buys get put in the sell column, it was 14p to buy from 9.15hrs this morning, I got 40k. We have had a £7k rollover and some trades earlier around the 14.2p range were buys not sells.
Neeed to stop watching the trading spread and do some work now, but it's looking quite a good area for a reversal.

https://twitter.com/PoolbegPharma/status/1643493674742075393

Happens regularly here, the spread is set wide and all deals conducted under mid, people need to look at the actual dealing spread not the quoted one to ascertain what is a buy or sell.

This will be telling, the MMs dropped it down but were taking buys below mid price in small sizes, they have now been hit with some larger buys and the price has moved up. Take out the 5m and then look at the buy/sell ratio, if the large trades are covered and in the price, then the SP should move up quite quickly if the buying momentum continues
As always DYOR and if you are going to buy a spike run a stop loss.....

I have recently topped up my ISA at 17.9p, 17.12p and 15p, I would go again if it dropped further than it is now, because the options are out of the way now, we can concentrate on the business again and the intention to publish results shortly and give details of a distribution should see us back on that upward trajectory again.

He also had to exercise them before June or lose them so getting towards the end of the period, I don't know what tax jurisdiction he is under (Irish or UK or both), but end of tax year here in the UK could also have a bearing on it.
Some trying to get the price down, the usual suspects, but if it does drop I think it represents a very good buying opportunity.

On reflection could the second trade be the tax liability on the option profits? If so he has sold just enough to cover the conversion and the tax from that conversion and now sits on 2.77m free shares?

Well the first big trade looks to cover the exercise cost of the recent options £432k, the second is half of that figure, they are dated today on LSE, but can't help thinking they were dealt on the 28th, the day the shares were issued....Look at the price action on that day.
The prints today suggest that is all in the price now and we may even see a bounce from here...