Re: PROX chart Second explanation could be the share price
Re: PROX chart One explanation maybe the amount of shares traded since the RNS. I understand Darwin forward sell and tell the market when it feels like it IMO.
Re: PROX chart Someone will have to explain to me why Darwin would be gone when the 1 Feb RNS states they have £800k of loan notes remaining. Anyone?
Bonker why not post your views on here rather than the playground over on lse, drag laxey along with you.
Cant fail. Ten bagger. Take heed.
Monitise-the next big thing they said. New contracts every day.
Errrr may i say one word - monitise!!!!!
Re: PROX chart Agree.Updated chart[link]
bULLISH BUT HOW MUCH HYPE?
Re: PROX chart Good stuff bonker. That gap from 0.82 down to 0.75 is just crying out to be filled, so an easy first target with Darwin gone.ATB,T
Re: Now how much is DPD worth. Not much more if any, good deal though, it should help shift the DPD soon I hope
PROX chart [link]
Now how much is DPD worth. Proxama PLC New Contract Win06/02/2017 70amUK Regulatory (RNS & others)Proxama (LSEROX)Intraday Stock ChartToday : Monday 6 February 2017Click Here for more Proxama Charts.TIDMPROXRNS Number : 0330WProxama PLC06 February 201706 February 2017Proxama PLC("Proxama", the "Company" or the "Group"Announces 5 year contract with leading South African insurance providerLondon, 06 February 2017: Proxama PLC (AIMROX), the international digital and mobile commerce company specialising in end-to-end payment solutions for card issuers and processors, announces that a leading South African insurance and financial services provider, has signed a 5 year contract with Proxama Solutions Limited for the supply of in-house EMV card issuing, PIN management and card lifecycle management. Revenue earned from software licenses, services and support will be GBP0.365m in 2017 and a minimum of GBP0.691m in total over the five years, with additional payments if certain card capacity thresholds are achieved.Proxama will supply Payment Application Manager for EMV card issuing, card lifecycle and key management, PIN Manager for electronic PIN capture and distribution, and EMV Transaction Manager for EMV transaction authentication and post-issuance control of EMV cards, including PIN changes and risk management.Patrick Regester, EVP Sales and Marketing for Proxama's Digital Payments Division comments: "We are delighted to have been selected as a partner. In addition to our tried and trusted software products that will support in-house EMV card issuing and processing, the customer will benefit from Proxama's in-depth experience of smart card deployments in South Africa and around the world. Coming hot on the heels of successful deployment of the Proxama product suite at Diners Club SA, we are keenly anticipating working with this team to make this programme another success, further reinforcing our presence in the South African market."--ENDS-
Re: Kicking off Agree that Darwin hasn't gone away... Just doesn't tally with what we know from the blocklisting RNS.---------- ---------- The New Ordinary Shares will be allotted from time to time pursuant to the exercise of conversion rights in accordance with the £1.8 million convertible loan notes issued to Darwin Capital Limited as announced on 13 December 2016...The Company will notify on a monthly basis when there are changes to the issued share capital of the Company---------- ---------- -All will become clear in a few days with the first monthly update.
Re: Kicking off I don't want to put a dampner on this,butThe Darwin funding was for 1.8 million and issued in 80 convertible loan notes at £25,000 per time.proxama will draw on these as when required. In other words to cash flow the business.INMO the volume is nothing to do with Darwin selling stock and converting.. It is more likely stock being moved around, probably to facilitate a cheap takeover. Also the volume could also be spread betting positions being closed/opened.. The tell tale signs there are the rounded number of shares on individual purchassses and sales.I think people have forgotton that at present the company is loosing money at a rate which will only take five months for the convertables to be used up.So in summary if the DPD sale does not materialise over the next few months another fund raise will be required and without a clear offer for dpd it could be calamitous for pi investorsPersonally I am long at a 1p so I am hoping dpd goes through soon together with positive news on beacons.