hangon
- 27 Mar 2007 13:36
This cosmetic co was looking bright at 16p-ish, then they needed some more money and it's been downhill since - anyone interested...it's been pretty quiet so far...so I've started a thread. Currently 7p...oh dear and not a peep from the company.
Everything must be OK, then.
hangon
- 07 Mar 2008 17:00
- 15 of 18
21 Feb08 - RNS ( DYOR)
Seems the Co has raised 250k partly on the back of six-Director Buys at 3.75 pence....
Opportunistic, or what! - yet is 250k really enough to run a company, like this?
OR- is this to bolster the sp in anticipation of a further funding....?
Perhaps that's why the sp hasn't moved in the last few weeks . . . . does this mean the Trafalgar cash is already spent...or just the end of the closed-season
Looks a tad poor, IMHO.
hangon
- 18 Mar 2008 13:23
- 16 of 18
Co issues another 750,000 shares at 2.5p I'm guessing.
see RNS 12 March 2008 - Oh dear sp abt 2.5p - did I say "Slide" - this is an avalance in slow-motion!
The reason for the fall seems to be a confusing deal with Trafalgar - grief it is worded like they don't want to make it clear! You have to read Oct07 agreement and then try to work out what it really means......far better to leave this pile of do-do until it all becomes clear.....maybe 2009?
Not long ago this was 15p until money ran thin . . . . . . . deary, deary.
Will these 1p shares get under-face-value?
EDIT: 19March down again . . . 2p/2.5
hangon
- 01 May 2008 12:42
- 17 of 18
42% uplift today yet three sales of 100k, 100k and 25k shares . . . . so if there was a good story ( ie about to break, etc.), they'd HOLD, at least until the News is out.
So, I suspect this is MM's boosting the price where someone is keen to Buy - I don't believe this is Director-buying, for that would be in large blocks AND needs an RNS.
Their sp has been badly bruised and without knowing the reasons underlying, it's now a "bargepole" stock for me..... DYOR ... and Good Luck.
hangon
- 13 May 2008 17:10
- 18 of 18
Not a large uplift ( compared with 1st May...see above!)...-Yet several buys just above 10k....with some smaller ones about 1k but all-in-all, quite a flurry - could this be the whole staff at DRM?
-What's odd is this massisve interest (again?), on what appears to be a completely silent company this last month ( no news items under DRM shown). It's now 5.0'clock so that's well after the Market closed...
...Could we have an RNS?
Or, could this be Shorters getting out, to put pressure on some Banking stock instead?