.

got no choice as paid wrong side of 6p

short term could pick up from this level mk cap only 9m downside fairly limited worry is may be rights issue are the corner which might be deeply discounted results due end of september so might pick up towards them.

below 2.7p ...maybe a BUY

Sane here gordon so i am going to stick with it.
Thx.

No more trading for me for a year or two.

Company only valued at 8.6 million at the moment.Profits this year of 4.4million!
Downside is the cash call for expansion.Got to be a takeover certainty if it drops any further.Turnover this year was over 21 million.I think Kevin was getting the bad news out of the way.

RED

Redhill that is good news,and encourageing for the likes of me who are sitting on a HUGe loss at the mo,bottom draw for now together with the rest of my stocks with the exeption of rtd.
cheers.

A rights issue might be viable.

What's a Rights Issue Ling? And why might it be viable?

many thanks for your advice.

pth

REDHILL

NOT SURE ABOUT THE 4.4M PROFITS THIS YEAR ?

Over-ramped, over-hyped and over-valued.

Sarcasm, PTHolden! I am sure the Web will explain a Rights Issue for you. If you really don't know then you should stay out of the stock market.

Not sarcasm at all Mr Ling. Always willing to tug my forelock and bow down before superior knowledge. Please enlighten me, or don't you know yourself?

pth

ptholden
A rights issue is where an existing shareholder has the right to buy more shares at usually an advantageous price. It is to rase more money. It does look as though there will be one. It will more likely that it will be an open offer though - subtle difference.

PTH - if you wish to be serious I will make some comments. A Rights Issue is where the company give a shareholder the right to buy their shares at a discount to the existing price. Maybe 1 for 5 or some such figure. This means that for every 5 shares you hold you can buy one more share at a lower price. Rights Issues don't always work if the SP is going down fast I should add. You don't have to take up the Rights and they can be sold because they have a value - all dependent on the SP not collapsing. There isn't much point in taking up a Rights offer at, say, 3p on EVS if the SP on the open market is 2p. Management will usually try very hard to make sure their Rights offers don't suffer this fate but it can be tricky for them.

An open offer, also known as an entitlement issue, is an offer made by a quoted company to its shareholders inviting them to buy new shares in the company at a set price which is normally lower than the current market price.

The purpose, as with a rights issue, is to raise new capital for the company. Unlike a rights issue an open offer cannot be traded or sold on by the shareholder - usually, if you do not take up your entitlement, it lapses. Because of this, when an open offer is announced, you will be allocated sub shares, not nil paid shares.

The other way that open offers differ from rights issues is that sometimes you will be allowed to apply for more than your strict entitlement under what is known as 'excess application'. Shareholders tell the company (or its registrar) how many shares they want to buy, including any excess shares, and pay money to cover their application. The company, before announcing the offer, will have determined how much capital it wants to raise, and the number of shares it needs to sell in order to raise the amount. When it has received all applications, it will either scale them back (if more shares have been applied for than it wants to sell) or it will issue all the shares requested (including any excess applications). If a shareholder's application is scaled back, he or she will be repaid funds for the shares not actually issued.

Of course it could be a placing of new shares with an institution.

Does anyone know what authorities EVS has at present for issuing new shares and for how many?

H -

You know a lot about the company - you say - so perhaps you can tell us!

EVS could certainly go that way.

On reflection, I would think that any authorities would now be invalid due to the capital reorganisation. It would probaby take an EGM to grant a new authority.

Huge downtrend today...SELL

nice start today NOT
no Intention to sell will live with the losses for the moment and take up any rights
their still a decent company and have turned the ship around just hitting some
choppy waters

hope they will sell formjet before they come to shareholders

cash flow stmtnt will be very interesting this time around