Re: RAB Fooook me...agree Nervous and Inda..I find it hard to believe that some people are involved in anything more financial than paying for a bag of crisps.Unbelievable.
Re: RAB Some of you shouldn't be invested here if you can't take in simple news. From the rns on the 16th:As a result, 50,878,763 Ordinary Shares have today been issued to RAB Special Situations (Master) Fund Limited ("RAB SS" pursuant to the conversion of Notes plus capitalised interest to 5 July 2012 at 8p per share.In addition, 3,790,471 Ordinary Shares have today been issued to RAB SS in lieu of accrued interest for the period 6 January 2015 to 15 October 2015. This figure has been calculated using the formula in the terms of the Notes which provides for any interest accruing after 5 July 2012 to convert at the average closing mid-market share price for the Company for each 6 month interest period. RAB SS converted all accrued interest between 5 July 2012 and 5 January 2015 into Ordinary Shares in March 2015.
Re: RAB Yes, we do.Some even understand them.And messages, too...MW.
Re: RAB Don't you people read the RNS's ?
Re: RAB RAB sold and went down to 2% a few weeks ago, now back up to 8%.I thought the CLNs were issued to Darwin ?
Re: RAB IDK,If that was the case, appears a little unlikely that would have smashed through the various notifiable thresholds. 10M shares to 63M shares?Mmmmmm. Just CLNS? MW.
Re: RAB This is just the result of the CLNs being exercised. This was known about a week or two ago. They haven't bought from the market, they've been given newly allotted shares. On the plus side the volume isn't very high so they aren't dumping the shares. Yet.
Re: RAB I spotted that - but didn't they sell a load a short while back ?Curiouser and curiouser !
RAB Have increased holding to total of 8.7%?If correct, lack of trading here surprising...Later? MW.
Re: Indaknow Penny,when I first read your comment I thought you said"Pleased you both are getting to know each other better"which made me laughthen I re-read: you do appear to be this boards diplomat.
Re: Indaknow Pleased that you two are getting along a little better
Re: Indaknow Lou LouIs that really the best you can come up with? I think you're an utter ©unt!
Indaknow Pr a t
Re: Of interest If the decision favours OXS I cannot believe that there will be some sort of compromise as to the level of compensartion which would suggest that the company was of low value when, in fact, the market was clearly estimating it's worth at something between 40p and 80p. Why should any compensation award not take full account of the losses suffered by investors who have incured large losses as a result of what seems to be a wholly illegitimate confiscation of the companies assets. Justice must be upheld and achieved by an appropriate level of compensation.
Re: Of interest Volume last Friday was quite large from memory. I'm not sure what I think the play is here. Can't decide whether Darwin, RAB and Trident will: (a) sell their shares into the market on the basis that there will be buyers (because retail investors like a gamble) and they will at least recoup some of their investment if this turns out to be a dud; or (b) hold tight for a week or two, market will interpret this as a 'sign' that good news is on the way, then sell out into the rise; or (c) they've converted because they know good news is coming and they want to wait for the money to hit the account or sell out when the sp shoots upwards.My instinct says its (a), but the fact that Shead and the RAB manager haven't sold their own stake gives me confidence that it might be (c). I wouldn't even mind if it's (b) and we can all de-risk at c10p.The fat lady (not you Lou Lou) is starting to exercise her vocal cords....GLA