oggs
13 Apr 2016
Re: 0.0416 who cares. It's a write off. I am completely unbothered about a fall from 0.06p to 0.0416p
theprior
13 Apr 2016
0.0416 In old money
theprior
12 Apr 2016
0.048p In old money !!TP
Eddie-the-Eagle
11 Apr 2016
Re: Consolidation Thanks theprior, that's what I figured (about the shares and about the buy recommendation!!)
Empty Sporran
11 Apr 2016
Re: I see we're down already Interseting that your comments made it on the BB and my own did not based on the same opinion.Avoid this lot like the plague!!!IMHO.
ndr242
11 Apr 2016
Re: I see we're down already This is a farce. The increase in SP due to the 250:1 split gives it an air of seriousness but it's dropped another 10%. It'll be interesting to watch this head south but to remind yourselves of the 'true' SP keep dividing by 250 !!!!Horrific and looks terminal to me.
Al Presto
09 Apr 2016
Re: I see we're down already AVOID THIS PILE OF TRURRD....NEVER MADE ANY PROGRESS FOR THE 10 YRS....TOTAL INCOMPETENCE
theprior
08 Apr 2016
Computer overhaul... ...required here. Showing 21, 438.46% gain yesterday LOL !!TP
ndr242
07 Apr 2016
Re: I see we're down already A completely pointless exercise as far as I can see.Splitting by 250:1 and then the shares only worth 14p.
theprior
07 Apr 2016
I see we're down already I guess we'll see over the next few days whether the consolidation has worked ??TP
theprior
01 Apr 2016
Re: Consolidation Sorry Eddie, my finger caught the "BUY" button by mistake. (Big mistake !)TP
theprior
01 Apr 2016
Re: Consolidation Eddie, just means that for every 250 shares you hold you get 1 new one. The deferred shares have no value, they're just a way of balancing the books after the consolidation.Theoretically your new shares will be worth 250 times the value of the old ones, but this can vary up or down, depending on the Market's reaction when the new shares start trading.The company feel that a price of 17.5 p looks more respectable and will attract new investors. (This doesn't often work and the sp often falls as a result)Times to hang on to your hat and hope there's more good news on the way. I recall it's not that long since we were at 5p+ on drill expectations !Good luck, TP
Eddie-the-Eagle
31 Mar 2016
Re: Consolidation What does this actually mean. I have a letter stating that for every existing share of GBP0.001 will be subdivided into 1 new ordinary share of GBP0.00004 and 24 deferred shares of GBP0.00004. The net result of this capital reorganisation will be that holders receive 1 new ordinary share of GBP0.01 for every 250 existing ordinary shares held. The deferred shares will have very limited rights and will therefore be effectively worthless. FD will not be reflecting these shares in my account.So being a newbie, what does that actually mean for my holding ?
woodcroft53
16 Mar 2016
Consolidation So - 1 for 250 based on todays sp should result in a new share price of 20p. You can bet your bottom dollar that as like all other share consolidations on AIM the sp will drop to 10p in no time resulting in we small private investors losing yet another 50% of F all.I guess it wont matter much as I had already written off my 10k and no point cashing in for a bag of sweeties.
theprior
16 Feb 2016
RNS South African update Ok, you can all go back to sleep now.But we do have the £500k bank.TP
