There is a lot more trading activity over the last few weeks, 30 day trading average now up from around 5 million per day to over 12 million per day but it's not having much affect on the share price. We appear to be stuck below .45p and can't break out. Only the securing of the debt finance will provide the confidence we can see this through to next year - oh, and of course the 10 million we need for the rail sidings at Biera.
Big fish, little fish - Romanof I do enjoy your little criptic insights, I don't profess to always understand but they amuse non the less. On this subject I do wish someone would come along and snap us up and end this misery. Anything above 1.46p will rectify my BHR losses and above 2.3p will rectify my miserable 12 months of trading. But these numbers are a long way in percentage terms from this lowly figure we are at now.
The 9,235,286 buy at 13.07 is shown as a buy on LSE but is showing as a sell on the Halifax i-web share dealing platform that I use. Confusing or what, how do you work out which is correct?
Evening Breezy. RK's not going to put his hand in his pocket whilst he has the inside track and knows that we are not over the final hurdle. It's only turnips like us that spend our hard earned money on this outfit. I bought another 225,000 last week following the little climb to .45. I am now the proud owner of 1,725,000 BHR shares at 1.4p - how lucky (or stupid) am I. Just looked over on Google finance and we have ticked up to .44p after the close. Lets see where we are in the morning. Good luck matey and all the best. idg69
I feel a little more confident having read over todays RNS. 3.8m in cash with a 400k per month burn rate give us some breathing space but they really need to get that finance deal tied off legally to see investors return with any confidence. Lets hope June and July are good months for the board and we get the good news that BHR are secure through to Tier 1 production this time next year.
Come on BHR let's see you climb up and out of the doldrums and put a smile on all our faces.
And the pain goes on - more dilution. Darwin are hammering this stock time and time again. I'm sure the board regret the day they ever got into bed with this outfit. The big question is whether BHR would still be in existence without Darwin, I suspect they wouldn't. I hope this new finance guy can call in some heavyweights and finally tie off the finance removing all the uncertainty around the companies future. We are up on the day at least. Enjoy the bank holiday weekend - 3 days where the BHR share price won't go down.
Beacon Hill hereby announces that the Company has received a notice of exercise by Darwin Strategic Limited ('Darwin'), to convert £300,000 of Darwin's Convertible Loan Note at a gross conversion price of 0.3223p per share. Details of the Convertible Loan Note were announced to the market on 4 October 2013 pursuant to which 92,898,987 ordinary shares (the 'Convertible Shares') now fall to be issued. Application has been made for the Conversion Shares to be admitted to trading on AIM with admission expected to take place on or about 30 May 2014. The Shares will rank pari passu in all respects with all existing ordinary shares in the Company. Following admission of the Shares, the Company's enlarged issued share capital will comprise 1,834,487,129 ordinary shares with voting rights.
Typical, I top up on the rise at .44 only to see it drop back 10% to .40 within a matter of hours. I must be the worlds worst investor. I have never once bought a share and seen it go up. Whenever I buy and without exception it then goes backwards from the moment of purchase - unbelievable!