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Placing saves (MED)     

hangon - 06 Sep 2006 12:23

Not much coverage here by investors.
A large fall earlier this year became another fall today as the company asked for 5m more. Their earlier projections were wrong and so the sp was way-off.
This is a niche market and one hopes it comes good - creating new products that we cannot dream of.
However, private investors have been poorly served; that's the risk you take jumping-in too soon.

The Placing was at 20p and today the buy price is 25 so you are paying nearly 25% more than financiers who have greater insight.
I may buy if it reaches 20p to Buy, I'm guessing.

hangon - 03 Sep 2008 14:55 - 11 of 11

30% uplift - for no obvious reason - doesn't this require an RNS . . . even if only to deny a takeover, etc.?

EDIT 10Sept08 - +20% for Buys=500k, no sells -Last Buy at 2p (70% above trade 20mins earlier - for ?800-worth.)
If someone knows something - I suspect some of these are Sells. Still no RNS.

EDIT late Sept RNS,
Read the bit about refinance . . . . oh deary. - still the Turnover is up, but despite last year being zero, it still isn't enough to pay Directors' salaries . . . . . 1p/1.75p
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