Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Does that mean current shareholders will take a hit of circa 84%? I guess that's better than zero
Thanks for response. Yes, in hindsight that 250k loan was a red flag. Will I ever learn?! I read it as positive, Chairman confident, etc, when in reality he was probably backed into a corner, and the only one able to stump up the money.
HI Andyck1962 - I posted a reply that disappeared. Thanks for your response. I agree a bail out by PIs is far fetched.
I've been looking at Market Screener, link below, which has some useful stats... quite few individuals will lose a lot, as well as us PIs of course, if this goes to dust. Nigel Keen, Chairman is age 76 and not the wealthiest man on the planet either, nor is Michael Stubbs, who bought 100,000 shares in May (maybe that was a token gesture for some reason as a small amount for him relatively speaking). Maybe there is hope this gets reinstated and a way forward is found. I'm not holding my breath, just trying to adjust to the inevitable after the horse has bolted!
https://www.marketscreener.com/quote/stock/DELTEX-MEDICAL-GROUP-PLC-4002474/company/?spage=company
Hi all
I've been in this share for many years, and it came as a big surprise/shock to see its been suspended. Does anyone know of any shares that have been similarlarly voluntarily suspended and then reinstated? Just trying to work out if there's any hope. I see on Advfn a few people talking about trying to get cash together to help the company via issuance of a high yielding convertible bond, but that would take time and unlikely to happen n my view. Thanks for any and all responses.
Yes, the sale was only a small % of Eiffel's total holding, from 10.11% down to 9.74% so less than one million shares but that's still a lot for Lidco and price has actually held up well imho. I've been a holder since about 2002/2003, and waiting for the buy out :)
Yes, very good results, and more to come from USA once things get back to normal. A definite hold or add imho.
Agree. I've been in this stock for ca. 17 years! Not the most actively traded but a solid company with excellent product. It doesn't take a lot to move the price. I'm still holding out for a re-rate and/or buy out. Things are heading in the right direction.
I also ignored mention of a placing. As you say, much depends on placing price. Perhaps the board are being straight with us though, and just striking while the iron is hot. At least they issued the RNS which shows some respect for shareholders, but clearly there was a leak of it's existence beforehand, which should be investigated. Whoever bought half a million at the open at 1.56 must be feeling p****d off. Some sizeable buys occuring. Roll on definitive news.
I bought in last week having watched this share for a while and doubled up yesterday at the high - or at least the high for now.
I didn't think it was a bad interview at all, in fact I was genuinely glad to hear all of Justin Waite's concerns, as for me they did not add up to enough reasons to sell out or short the stock; far from it. He admitted to being jaded due to false dawns with TexRAD and the old CEO letting people down; said he'd been following FDBK and championing the stock for years but it had let him down, I think his words were 'and after a while you just stop believing it'. So that was his starting position, and his main reservation about buying now is price, he said people were urging him to buy in but said he won't do so on a spike - but perhaps he'll buy in tomorrow now it's come off a bit. AG's response was to point out that stock traded between 1.8 and 2p for a long time (and about 2 1/2p a year ago) and that was before Bleepa was born, so current price is not that high.
He mentioned competitors, but AG said barriers to entry for them are higher than for Bleepa, which can be rolled out quickly and is fully compliant and safe and secure. That NHS used faxes until recently is irrelevant; they already use WhatsApp, and Bleepa is a short step on that messaging curve.
He also underplayed revenue, mentioning it was ca £400k for the year, when it was in fact £563K, and that's obviously pre-Bleepa.
I therefore feel a bit uplifted having re-read the last two RNS' and listened twice to the VOX interview.
"We are making rapid progress in the development of our new messaging app, Bleepa. We believe that it will provide a flexible, accurate and secure method for swift clinical decision making, revolutionising the way in which patients receive treatment whilst safeguarding our doctors from potential litigation. We look forward to showcasing the finished product this September at NHS Expo in Manchester."
" The Directors believe this new product will also be the only communication tool to be a CE marked medical device… The repositioning of Cadran marks a shift away from a traditional software sales model towards a SaaS (software as a service) model which is anticipated to generate considerably higher recurring revenues for the Company and lead to a new phase of growth. With over 15 million doctors globally, Cadran is uniquely positioned to set new standards in this emerging, sizeable, medical communications market."
Good luck to all holders.
Yes, that has to be the plan.
Macquarie bought 130million-odd yesterday at 120.3 so presumably now the auction is complete they are at Liberty to acquire shares to ensure the deal goes through. The amount they bought yesterday represented 25% of the shares outstanding
I meant someone bought 77 million 120.3. I could well understand them buying at 102.3 lol
A continuation of Annomander's post... can anyone throw light on why people are, incl stamp duty, paying more than agreed offer price?
PS, three trades for same amount of 5,616,984 and two trades for same amount of 7,671,434. Could it be to shift the shares into another account, with one of the trades being a sell not a buy? I guess that could be the case for the two lots of over 7m but not for the others. Disclosure will follow, so we'll find out if someone has added substantially to their position.
I've been wondering the same thing, especially as stamp duty also has to be paid. I can understand people selling, to capture the profit and be relieved of having to wait for their money, but to buy... perhaps someone else on this board can throw some light on it? Could it be for FX reasons, or tax? I initially sold my entire holding at 109.40 but then got back in quite a bit higher but made more or less the same as had I sold half and kept half, just a convulated way to do it, lol. So I still own now.
Says on here the high was 109.60? But odd small amounts often trade higher or lower.
Hi Jam - I did the same, just sold my entire holding at 109.40, and agree a bit of patience has paid off. I considered selling when first bid came in, so got more than 10% more. If I'm leaving another 10% on the table, so be it. I don't want to take the risk of waiting for final outcome, as I had been feeling a tad uneasy in recent days, wondering if the first bid would be approved on JUne 5th or whether it would all unravel. I held on because of big buys by the likes of Sand Grove Capital, who have cleaned up nicely having bought over 20million I think in recent weeks. Well done to them, they helped me too. I remember how sick I felt last Nov when price plummeted, so am feeling very lucky. Good luck to all holders. There may be a few more pennies to be had yet. Overall Kcom has been a reasonable investment, can't work it out exactly as I switched accounts a few times and lost track of purchase prices, but just glad not to have lost my shirt - which I have done in the past on one major investment that turned to dust. Ghastly lesson. So cheerio everyone, and again, good luck :)