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I’m here to counter the utter rubbish written by some and Im writing a book on bulletin boards behaviour.
The AIM panel got here too under Rule 40 to protect investors.
I have no interest in wallowing in other people’s misfortune.
I think many on here should embrace alternative views-I do, as I find having an overview from all angles very helpful, even the extreme stuff as that usually appears when the SP is below 1p and can swing violently with ramping
I nearly invested a while ago until I saw the management team’s response to running out of cash-still ploughing the Dundee factory furrow, and refocusing on two sectors which are notoriously difficult to break into.Basically they ran down the wrong rabbit hole in my opinion.
Oh and I’m so dumb, I have lost not one penny in this.Now tell all of us how much you have lost smarty pants
I’ve posted on here to simply put the point across that this company has been a disaster in the making since IPO-you may not like it but look at the graph-the right way up of course
The only person who mentioned this board is you, the village idiot
The RNS is clear and we can all read-but the background is the concern of the Regulators for investors.And boy has this car crash been ramped to within an inch of its life
Oh look-an extract from the rules in suspending a share-not exhaustive of course
when it believes that the public may be making investment decisions based on a lack of information, or false or misleading information.
Let’s go back to 19/12 and the Suspension RNS-suspended pending clarification of the financial position of the company.
Why?To avoid a false market created by lunatics ramping the life out of a dead horse
Or just buy the IP and save yourself a load of hassle
I agree-I know Malcy and he’s right
You’ve lost the plot
I repeat-the companies that make money out of cells are those that build applications around them-the margins on cells are minuscule.How do I know?I sold a company in the space
For the record, I looked at the company at IPO-turned it down because the valuation was crazy,fed by stupid institutional investors who failed to look at the end game for this company.
If there is hope, it’s in owning the chemistry and leveraging it with mature companies who design applications.Even as late as mid to late 2023,the BOD were following a ‘go it alone’ strategy-crazy and deluded.
99 times out of a hundred pre pack means no equity value
This company has some interesting chemistry but that’s about it-it’s more useful in someone else’s hands
I think a pre pack at best unfortunately
No-it’s the law when you are dealing with admin.It might flush out a saviour of course but the 10 day process is designed to give a few days breathing space.
The problem here is being a plc means the BOD will need to provide a running commentary of events which isn’t a great platform to deal.
As for a scam, wake up.The directors have fiduciary duties-have a look up on Wikipedia to see what that means.In this instance, they have run out of cash and it’s a criminal offence to continue to trade without means to pay the bills.
Well it’s clear from the RNS that the protagonists are ‘interesting’
We reap what we sow
When the notice of intention has been filed at court, an interim moratorium period of 10 business days is triggered. This allows the directors and administrator to make plans for dealing with the financial decline of the company, and ultimately avert liquidation.
It’s standard practice to give 10 days notice on admin-and the directors will have been advised to notify simply to make sure they are on the right side of insolvency laws.
Admin will give the company a chance to breathe but in my experience, value at least halves in admin so highly unlikely there will be any crumbs for current equity
I’m familiar with subsidies-I have a farm and get paid a lot for growing bird friendly crops.Mad but true though I do put the lot back into the farm
The harsh reality here though is building a production facility in SNP Scotland, 300 miles from the action, was plain stupid.Look at the growing scandal over Gupta and his aluminium plant in the west of Scotland.
SNP Scotkand is uninvestable-end of
Well I’ve been telling the truth on here for a while-largely because I know a lot about the cell market and was encouraging people to be careful.Thats the truth and the suspension confirms it.
We see what we want to see-I simply warned people to be careful backed up by some hard facts.
I also turned down the chance to invest in BV-same basic reasons.Where are the commercial contracts and what’s your margin if you have them.Answer came there none.
I hate innocent investors losing money by the way,particularly myself
This company had the chance to raise massive capital at IPO-they didn’t.So why on earth should the taxpayer support ?
What part of ‘no margin in cell manufacture’ don’t you follow??
BV does not have a gigafactory-it also has no chemistry, no contracts, nothing.Have a walk around Blyth if you dont believe me.
What was sold was done derelict land-nothing else.