mojo47
- 21 Dec 2004 10:38
whts going on with blm
petewww
- 21 Dec 2004 14:01
- 4 of 10
is it share consolidation ?
presume so coz 12,000% growth in a few hours aint bad !
IanT(MoneyAM)
- 21 Dec 2004 14:09
- 5 of 10
petewww,
It is a consolidation - and they are to delist - please see story below:
On 25 November 2004, Baltimore announced proposals to consolidate the Company's
share capital and to cancel the listing of the Company's ordinary shares on the
Official List of the UK Listing Authority and their trading on the London Stock
Exchange's market for listed securities. On 1 December 2004, Baltimore sent a
circular to its shareholders convening an Extraordinary General Meeting ('EGM')
to be held today to approve the proposed share capital consolidation and
delisting.
The Board of Baltimore is pleased to announce that at the EGM of the Company,
which was held earlier today, the Resolutions in respect of the proposed share
capital consolidation and the cancellation of the Company's listing were
approved by shareholders. It is to be noted that Acquisitor Holdings (Bermuda)
Ltd., the holder of over 26 per cent of the share capital, refrained from voting
to allow the vote to reflect the views of the majority of the Company's
shareholders.
Accordingly the consolidation of 125 existing ordinary shares of 1p each
(nominal value) in the Company into a single new ordinary share of 125p (nominal
value) will take place and the new ordinary shares of 125p each (nominal value)
will commence trading on the Official List on 21 December 2004. Following the
consolidation, a total of 430,647 new ordinary shares of 125p each will be in
issue and a further 309 ordinary shares of 125p each (nominal value) are
unissued and subject to a blocklisting arrangement.
As announced on 7 December 2004, the cancellation of the listing of the
Company's ordinary shares on the Official List of the UK Listing Authority and
the trading of such shares on the London Stock Exchange's market for listed
securities will become effective on 14 February 2005.
mojo47
- 21 Dec 2004 14:50
- 6 of 10
Thanks for that, I got rid of 2700 last may made a bit on them but I had 2750 so i was left with just 50 which i forgot about so now they aren worth anything (life's a bitch) I wonder what happens to all the people out their who have a say 1oo or so it must add up to quite few, as it would have cost more to sell them than they were worth. Any answeres on that would be very enlightening
hightech
- 04 Jan 2005 10:24
- 7 of 10
hmmm
Cosworth1
- 04 Jan 2005 11:51
- 8 of 10
This stock was mentioned by u.k anaylist (sorry for spelling), over the last week, Evil Knevil is going long on this stock, with a possible target of nearly 100 a share, (what a joke.) (Dot com boom spring to mind).
Minx
- 04 Jan 2005 15:56
- 9 of 10
t-t-t, EK didn't exactly say it would go to 100 a share did he! we are however reaching the lower end of his prediction for the sp
tallsiii
- 31 Jan 2005 15:59
- 10 of 10
Has anyone noticed BLM dropping like a stone today?
EPO has pulled the takeover bid and it looks like the share price is taking a trip back down to the 10 mark they were at just before the bid was launched.
A few quid to be made for anyone willing to short this stock. Especially as people try to bale out before the delisting on 14th Feb!!!
Tallsiii