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True, but with news still to come on board appointments, final results and new strategy i believe things will move back upwards. Although we know the results will be poor, there's significant potential upside.
Exactly.
Lols like we could finish evens
As we have seen before, this could be +20-50% in a day with enough volume due to the lack of shares in free float.
Hi all, good to see some old names still in here, thinking about jumping in before the Shale well spuds this summer. Am i correct in recalling that the shale work programmes costs are all carried by Total, INEOS etc?
Minus the 2million in bonds and other debts, so maybe anything from 55-70p? Still a definite double bag from this price, assuming they aren't buying on the sly in the open market. Does anyone know what the next threshold is that they need to disclose their share ownership?
Sold some (at a loss) to buy open offer shares in DFX and to derisk as the news earlier this year was not positive re farm out. Sold the rest today (at a vsmall overall gain), hardly something to boast about. I've invested in this on and off for years and have not made much from it (again, hardly a success), all in the hope of a farm out but no longer think that will happen. 30th round may be positive but still a risk that the current licences may not be extended. That's just common sense to me and i've been known to make some shocking decisions in the past - this could prove to be another one. Either way DFX turned out to be a winner and still holding at sub 12p. As for getting in at a lower/higher price I think my love affair with Mr Cluff is over, I have been very patient until now. As i said, good luck to you all I hope it does work out.
I've sold out for a small profit, just don't have a warm fuzzy feeling that this will be the multi bagging farm out i thought it would. All the best.
Got until the end of June, good news from that and extension to current licences will be positive.
Not so many trades, but with such small free float this doesn’t need much to move. Given that we haven’t heard about new board appointments, or details of the strategy, I’m presuming they are preparing a broader announcement. This may or may not include the final results, which we all know are going to be showing a significant loss for the last FY. Things can only get better operationally from here so I’m looking forward to a positive newstream.
Exactly! Also BV Tech are desperate to buy Defenx, 6 seperate equity purchases in the last year, 54% ownership for �2.9 mil.
In relation to the Board, on or shortly after completion of the Fundraising, it is proposed that the following changes will be made to the Board: � BV Tech will appoint a new director to the Board as its second nominated director on the Board (in accordance with the terms of the Relationship Agreement); � the Founder and Executive Director, Andrea Stecconi, will resign from the Board of the Company, following the General Meeting; � the Chief Financial Officer, Philipp Prince, will resign as Chief Financial Officer with effect from the earlier of i) 30 June 2018; ii) publication of the Annual Financial Results; or iii) appointment of a suitable new CFO to the Board. An external search for a successor has now commenced and further announcements will follow in due course; and � the independent non-executive Director, Leonard Seelig, will resign from the Board, once an appropriate successor has been appointed. Other than these Board and executive director changes, BV Tech does not intend to make any changes to the balance of the skills and functions of the employees and management of the Company, or the continued employment of its employees (including any material change in conditions of employment).
Here�s for another blue day, up in Scotland fishing so hopefully will connect later to find some good news.
They could well be buys, would explain the lack of movement on volume this morning
Here we go!
Hence the ‘apparently’, I’m not worried mate, happy to hold and reap the rewards.
108000 bought 1400 sold WTF
90000 bought 1400 sold Apparently
How is this no moving?
BV Tech aren�t an investment company so won�t be selling, they are a group of companies looking to add DFX to their product line, which, by proxy the6 already have with 54% ownership.