Spuddy
17 Jun 2016
LOGP So those of us who hold shares in Landsdowne Have been diluted again. LOGP Have only one asset i.e Barryroe 20%. It Would seem that LOGP Will look to hand over a portion of Barryroe for a free drill (Maybe 5%). That Would leave them with 15 % if drill successful. So what Would 15% be worth. Can imagine them selling to highest bidder. Providence fund raise may be on hold pending Brexit vote. Wonder How much We are Going to be shafted.
Spuddy
14 Jun 2016
Cut some slack: Poor TOR. Poor BOD. Maybe We should not be so hard on them. Have worked their hearts out for pittens Always working on behalf of all shareholders interest. Trenendouus performance
Spuddy
13 Jun 2016
We were led up the garden path: Either directly by company reports and statements and RNSs or indirectly via media reports and interviews: Interesting reading [link] [link] [link] [link] [link] [link] [link] [link] [link] [link] [link] [link] [link] [link] [link] [link]
Spuddy
12 Jun 2016
Hello Callasjunkie: Not holding much Hope out for AIM regulators. Do believe though that a legal case could be taken against the company for all the underhand behaviour. Believe we will Get news this week. We Will soon Have confirmation and then more to discuss. !!!
Spuddy
12 Jun 2016
Immoral behaviour: Does nobody from AIM (regulatory Body if one exists) See anything disgraceful about the behaviour of this bunch of scoundrels on the BOD. It is a complete disgrace.
Spuddy
11 Jun 2016
I agree Haribo: A shower of as-holes I Would say !!!
Spuddy
11 Jun 2016
Dilution: If We are not offered shares either through same offer in placement or through options Any money raise By Providence Will Feel very much Like insider trading. Why Would anybody hand 100m to Providence with TOR and the BOD. For 100m these Institutions are obviously being told something that Will make them alot of money that We the small shareholders are not. That is insider trading unless We the small shareholder are also offered the shares at the same price.
Spuddy
11 Jun 2016
Another Article about dillution: [link]
Spuddy
08 Jun 2016
Phonner/ Haribo Providence need 2 weeks to organize EGM and Get accounts signed Off. We Will Have An answer By June 16th at the latest I believe.
Spuddy
08 Jun 2016
Hello Phonner: If your assumption is correct Than Providence Will Have to offer Its all Its shareholders the same Rights to buy when It comes to equity raise. If not It Would appear to be insider trading !!!
Spuddy
05 Jun 2016
LSE Should be investigating the behaviour of the BOD at Providence [link]
Spuddy
05 Jun 2016
Freefloat CONSIDERATION OF FREE FLOAT AIM is an international market for growth companies covering a broad range of sectors with a wide range of market capitalisations. Given this, the AIM Rules take a principles based approach to ensure that they are relevant to the needs of such companies. A company’s free float is an important qualitative assessment, which can have a significant impact on the ability of the company to attract investors and the functioning of the secondary market. Whilst we do not prescribe levels of free float, the issue of free float is something that we consider an important factor in the work a nominated adviser undertakes when bringing an applicant to market. Sufficient free float is fundamental to the orderly trading and liquidity of the securities once admitted to AIM, which is inextricably linked to the company’s appropriateness to be admitted to AIM. Nominated advisers will be aware that we often ask them to provide us with details about the factors they have considered in relation to free float when seeking to bring a company to AIM. As a consequence, this is an area where we thought it would be helpful to clarify some of the factors we often discuss with nominated advisers, including the following: Consideration should be given to how the securities are likely to trade when admitted to AIM, following discussion with the company’s broker(s) and potential market makers. We would expect consideration to be given to the spread and nature of the shareholders comprising the free float; Failure to raise initial target funds (which in itself might give rise to free float questions) may be indicative of more fundamental issues of appropriateness and is a matter that should be properly explored by the nominated adviser; Limited free float should give rise to questions about the rationale for the applicant to seek admission to AIM; Where there are concentrated shareholdings (e.g. connected due to family, business or other interests/ connections) free float issues should be considered in conjunction with issues of undue influence, control and ongoing corporate governance arrangements within the company. Date of publication: 1 June 2015
Spuddy
05 Jun 2016
Haribo Mamms: Believe your sentiment is shared By Many thousand of distraught small investors. I was positive because maybe I naive in believing that the BOD were Going to act in all the shareholders best interests and because I believed the mistruths told By TOR and because I believed the scandolous and outrageous mismanagement and abuse of the BODs powers were because something positive was on the horizon. I Have alot of money ( for me) invested here and am lost for words to describe the situation and the scoundrels running the show at Providence. Have a question. Is there a mÃnimum percentage level defined By AIM below which free float cannot fall. Believe small PIs own approx 7% of company. If 70-80 m dollars raised We Will own less Than 2%. Is this ok under AIM rules. Hope Richie has some success with his court action if It takes place. We are being Robbed of our money By this bunch
Spuddy
03 Jun 2016
Disgusting: Is It normal that Cenkos is mouthing Off about having raised at least 70m dollars whilst We the small second class shareholder are not even offered An RNS. This is once again a display of the arrogance of the People running this company
Phonner
01 Jun 2016
Re: PVR Stream Log That is right Haribo, but if the new share issue goes through we will have very little say in future, if any at all.
