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ABE Ascribe

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Share Name Share Symbol Market Type Share ISIN Share Description
Ascribe LSE:ABE London Ordinary Share GB00B04WW503 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 GBX

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Date Time Title Posts
17/8/201019:24Ascribe.........new to AIM11

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Posted at 17/8/2010 19:20 by rougepierre
I have the riskiest potash exposure in SXX, because I've been convinced for nearly a year that Potash is the next gold. I expect you guys with FX exposure can buy Mosaic or Potash Corp.

Meanwhile, can I reiterate my conviction that you should look at any realistic, undervalued Africa met/min/oil/precious stones play for the long haul because it's probably months at most before the Chinese hoover starts to suck. Once there's a significant acquisition they'll be taken out like 9 pins for all the valid reasons why Mac doesn't play AIM...the whole bloody market is massively oversold.

Imagine if either your favourite African plays got taken out and/or found committed development and production capital....Look at the takeout price VED is paying for Cairn; and the price DNX is demanding from KNOC...

so here's an interesting post on the theme that I found elsewhere:



And yes I do hold RRL and separately AFR is my favourite Chinese target in Africa (plus jv opportunities with LONR...)
Posted at 17/12/2004 08:27 by currypasty
Ascribe, the health IT group focusing on medicines management, today announces
the commencement of dealings of its Ordinary Shares on the AIM market (AIM) of
the London Stock Exchange. Seymour Pierce is acting as Nominated Adviser and as
Broker to the Company. The stock market EPIC will be ASP.L.

Placing Statistics
Total number of New Ordinary Shares being placed on behalf of the Company 27,777,778
Number of Sale Shares being placed on behalf of Selling Shareholders 2,777,778
Total number of Ordinary Shares being placed 30,555,556
Issue Price 18p
Number of Ordinary Shares in issue immediately following Admission 103,441,732
Percentage of the Enlarged Share Capital being placed 29.5%
Market capitalisation at the Issue Price #18.6 million
Gross proceeds of the Placing receivable by the Company #5 million


Reasons for Admission to AIM and use of proceeds of the Placing
The proceeds of the Placing of the New Ordinary Shares, expected to amount to #5
million (before expenses) will be used by the Company, amongst other things, to
fund the acquisition of Protechnic Exeter Limited.

Stephen Critchlow, Chairman and Chief Executive of Ascribe, said: "We are
delighted that the flotation of the Company has been completed successfully.
The listing will enable us to take Ascribe to the next stage of its development
and maximise any acquisition opportunities for the Company within the
international healthcare market. Our strategy is to build on our position in
the medicines management market through organic growth and through a number of
acquisitions of profitable companies, such as Protechnic Exeter, which offer
complementary established systems to customers needing a medicines management
solution."
Ascribe share price data is direct from the London Stock Exchange

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