Re: What now? crb450 Are we in or out(Shake it all about) the suspense is killing me.
Re: What now? Scrub that. Just seen the corporate action message in my inbox with 200 other messages :|
What now? I've got a small holding that is showing as valueless. Is this stock done, finished now? I did see the post below but not sure what it all means for us invested here in the broad strokes.If someone has any news/info I'd appreciate it.Thanks
Nyota RTO Ubecoin (cryptocurrency)? From Beton2 on hotcopper.com.auIt doesn't look like UK shareholders will be allowed to participate in the open offer though.Beton2 writes "I wish everyone a prosperous New Year. I have been coming here for 18 months and taking. Now I can give back.One of the stocks I took from here was Nyota NYO. It bombed big time. It cleaned out its robbing old BOD and installed a new one. It cleaned out its closet and brought in a project to RTO. Projected to be a 6-10 bagger on takeover. The RTO was stifled by redtape due to dual listing (ASX rules killed it), leaving NYO between a rock and hard place. A greedy white knight got told where to go and the white knight knowing that NYO had nowhere else to go offered a greedier deal. Fortunately redtape killed that.That left NYO as a broke delisted shell. NYO (now called Irae investments ) has a project and is doing a RI with an attached warrant to initially fund and start the RTO process. The deal is to be as fair as possible for existing shareholders. IE double your holding at the last traded price ($0.000417) and get multiple returns. The RI is only good for existing holders.My giveback is that the overall CR includes shortfall offer (half the UK shareholders are not eligible for the RI due to the FSA rules) and share placement to sophisticated investors. Those of you that can qualify as a SI can get shares via the nyota contact page [link] which will go straight to Sergii or Andrew.The project has been set. The conditions are dictated by existing rules and norms. The RTO is to solely be able to relist on the LSE.The public must have 25%, the value in reality must have at least GBP 100M - 300M to list. The deal has to return at least 20 bags. My opinion is higher. SOI 2.2 billion. After RI, warrants and SSP it will have 5.3B SOI. After takeover 21B SOI. Consolidation 1:100 gives 210M SOI. Most likely an IPO to help with relisting. Min GBP100M value at listing gives GBP0.476 per share or $0.80. Post consolidation share cost $0.0417. circa 20 bags. (IPO will increase the market value.)The project is Ubecoin. Yes it is another cryptocurrency. Unlike bitcoin (which is being used as an investment) ubecoin is designed to be used everyday in Free Trade Barter, gaming and online gambling platforms (they are negotiating other mediums). They are aligning so that the coin can be easily traded and exchanged for fiat currency.Ubecoin are currently moving to create as much value as possible. They want to list as soon as possible.Realistically this is a 6-9 month play. DYOR. I am just making you aware of the opportunity. This is happening now and not waiting to find a project to happen."[link]
Re: RNS RNS. cancelation on AIM today.Not sure if its gone into liquidation.Been departing a long time , what the affect on shorter's when this happens.
Re: RNS Winnifrith is moaning about something today !Above showing down 42% @ 0.005 / 0.015 that's some spread... lol
Re: 29p a share rofl as the kids would say! I wonder where 24CarrotGold is these days? who was he and what was his agenda ? (Pump and Dump spring to mind!).I don't see this share being around for much longer tbh and I just wish someone would put it down and put the shareholders out of their misery.
Re: 29p a share Ask 24carat. He's an expert on Nyota.👀
Re: 29p a share Don't hold your breath onthat one mate.
29p a share What caused this share to be at 29p back in 2011? Obviously not just money markets manipulation.Is it ever likely to get back to even 5p in the near future?
The end is nye Nyota Minerals Ltd17 Aug 2017 07:301AIMRNS Number : 1814OAIM17 August 2017 NOTICE 17/08/2017 7:30am TEMPORARY SUSPENSION OF TRADING ON AIM NYOTA MINERALS LIMITED Trading on AIM for the under-mentioned securities has been temporarily suspended from 17/08/2017 7:30am, pursuant to AIM Rule 1. ORDINARY SHARES OF NO PAR VALUE EACH FULLY PAID (BF7TXK5)(AU000XINEAJ7) If you have any queries relating to the above, please contact London Stock Exchange on +4420 7797 4154.
Re: RNS Delist? What's to delist? A wannabe failed miner - sans shovelNo businessNo NomadNo brokerNo financeIt's done for. A busted flush.A train wreck.A FlybyniteA wall py$$er.The finance they're trying to raise - What's it for?To buy a company - the've already failed with that.To run the derilect? Forget it.Past performance belies their credability, their investability.Delist? Off course it should bluudiwelldelist. Expect tomorrows RNS confirming AIM suspension.
Re: RNS Hi fromrugby.Out of interest why do you post in different nicknames ?Month on story the same ?TW stating today last one here.I don't short is it best for them it it delists ?
Re: RNS So, why would anyone buy this at any price?No business, no cash and no nomad or broker shortly?As for Kefi, with death spiral financing racing it ever closer to the bottom, it is hard to see a return for existing shareholders (or anyone, for that matter, unless gold prices rocket).Call me cynical, but the last RNS was not about cashed raised: all still in the future and I simply saw it as a way of raising the price and volume to enable this month's Lanstead dump.For the nimble, who get into the Lanstead rhythm and exploit its highs and lows, perhaps some trading profits: beyond that, all I see is high risk and without corresponding reward (unless a really good pump and dump materializes).
Re: RNS The only good that ever came out of Nyota was the 6000 Keffi shares (now reduced 100:1 to 60 - less than the broker sell fee)which at least kept Keffi in my portfolio.Keffi's a long haul company, about to make it's first bite.Could it be a second Condor Gold I wonder?I bought Condor in 2014, made nearly a grand on it.Today that holding would have been worth nearly £4.5KI might just consider investing the value of my originalNyota investment in Keffi to top up my 60 shares and holding for a 687% returnWe live in hope.