20p by launch day (5th April)? ... I wonder. Strap in and buckle up!STB
Re: Beaufort sec tip i used to get a daily e mailroom them,it was pretty interesting.They also tipped Avanti.Shame to seethe go.
Re: Beaufort sec tip For their investors anyhow.
Re: Beaufort sec tip That might of been Beauforts last .Sad news for them today anyone experiences of them ?
Re: Beaufort sec tip thought it was going to be diluted to oblivion?
Re: 10 reasons to hold Thanks for that reply hope you are correct on AVN as I've held for years.But i was referring to your verizon tip in my question to you.I wish you luck as well.
Re: 10 reasons to hold Hi Ripley, no US connection I'm afraid and I don't have much technology experience. In fact I'm still amazed that the AutoPay at Cockfosters worked last Saturday and I'd worked it correctly. My interest in this stock has grown mainly from a small holding of some years back. Two things intrigued me. One why it wouldn't die and secondly why was Paul Walsh still involved. I have built up my holding because I saw it as a shitorbust punt and below 10p was a chance to buy when those in the know were prevented from building a substantial holding. I'm not saying they would but currently there are not a lot of free shares and even after the conversion they will still be held by just a few. I was posting occasionally on LSE but prefer the layout of iii. This is a cut and paste of mine from there."As we draw closer to the launch the price remains stubbornly around 9p. There is no cheer leading on the bb's or a share tipper choosing Avanti as the stock for 2018. Influential share holdings are held by a few large holders and 53.10 per cent are classified as not being in public hands. The spread makes it untradeable for those who like to play and I wonder if this is intentional. The bond holders have been forced down this route and have little sympathy for existing shareholders. The only benefit to the small PI is that it means our interests are aligned with theirs. I don't see these people intentionally wanting to pour money down the drain and they have chosen to launch the satellite. They cannot trade themselves because being members of the board they have 'insider' advantage. It is not about us but what is inside the minds and interests of the directors and the large shareholders. At the current price to get a decent amount of shares would be near impossible and would drive the price sky high. For what purpose? You could not get a meaningful percentage. The Avanti web page says there are 162 mio shares and deducting the locked in shares you get 75 mio shares. Lets say 50 mio of them would sell now. With the 2 bio additional shares coming our way a new investor would end up with 2.3 per cent. Certainly not worth the effort. We have been collateral for some time but it is now beginning to get very interesting."No guarantees but a very interesting punt. A bit like building a hotel. You can't let the rooms until it's built. US investors seem more prepared for this type of investment and are more patient than us. Certainly in the PI sphere.Be Lucky
Re: 10 reasons to hold Hi romaron .Threw me with VZC as that de-listed some years back.Then sussed you are talking VZ ( U S A ) think it was parent company of VZC.Do you live in USA out of interest .
Beaufort sec tip Beaufort had a speculative buy on these.Basically this may get new funding soon. A few weeks back.Sounds like this is happening in the background.
Re: BUY BUY BUY probably just hot air from that article.
Re: 10 reasons to hold Well practically anybody whose held these has a loss so you could be right. OK, 9 good reason to hold. as for capital gains:'Verizon will acquire Straight Path for $184 a share in an all-stock transaction, reflecting an enterprise value of approximately $3.1 billion, the companies said.Straight Path and Verizon's boards have both approved the deal.Straight Path was worth around $400 million two months ago and had just nine employees as of October.The company's large trove of 28 GHz and 39 GHz millimeter wave spectrum used in mobile communications would give a new owner an advantage in 5G development.'
Re: 10 reasons to hold Thanks for that romaron.Just a thought if you b/b....... ques you could also have a loss to write against profits made elsewhere ?
Re: 10 reasons to hold error - launch towards second half of March. It was to have been 16 March but delay due to weather. I expect the price to creep up as we get closer.
10 reasons to hold I've held this stock for some time and attended AGM's. It's probably easier to just post some of my own reasons for continuing to hold and topping up at bargain basement prices.1. Africa promises growth hence the presence of Facebook & Google with drones and balloons.2. The geopolitics of mass immigration to Europe from Africa & the charity failure increases the focusing of building companies and industries on the continent.3. The biggest hurdle is about to be overcome: launch H4 around end of month. Satellite on site and launch subject to weather.4. Top quality Chairman.5. Replaced interim CEO with this man earlier this month [link] Willingness of bond holders to push project forward.7. Share price irrelevant with spread and small (for AIM) amount of shares in public hands. 8. Ka Band value: last May Verizon paid up for Straight Path and its valuable trove of 28 GHz and 39GHz spectrum.9. Recent purchase (b/b - transfer to ISA) by Technical Director. With what has been happening it has been impossible for Directors to BUY stock. Moving a holding to a more tax effective place is allowed. maybe small - but £20k is £20k and he spent £1600 to do it (see 7.)10. Following a successful launch a torrent of contracts to be announced that are held back by the clause 'subject to a successful launch'.
Re: BUY BUY BUY Maybe Gold or Silver will be kind enough to tell us Clarence.