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Asg Media Share Discussion Threads
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|Well my ASG has converted into 36 whole shares....! Am I a majority shareholder here???? £25.38 of prime investment, lol|
|new thread: http://www.advfn.com/cmn/fbb/thread.php3?id=22278898|
|shuangg, nothing, they no longer exist.
I just recieved confirmation that my 0.81 part share has been sold off for £3.48 at a rate of £4.5 per share. It would be nice if they could double my holdings and call them half shares, then sell them for 10 times their current market cap.
What a rip off.|
|what can i do with the deferred shares?|
|...it's called daylight robbery !!!|
|550:1 consolidation in 1 ordinary share of £0.00001 + 1 deferred share of £5.49999|
|I had 40000 ASG shares somehow got converted into just 72 INC shares, how does that work can anyone tell me? thanks|
|...PLY the sequel :-(|
|My INC shares are worth £10!!|
|Hello... anybody there? so who's doing the honours with a new thread then? I'd all but written my stake in this co' off, but who knows we may still or get something rise from the ashes? Been off limits for a while and not up to speed with exactly what evolved here however, we're back in business come Mon(apparently) but no recognition by advfn yet of INC or doesn't the co officially exist untill Mon. Is it going to be a resumption in trading followed by an immediate suspension? how do we monitor sp? using asg?, why would anyone trade the shares, there's no business or assets are there? Aren't we now just a "shell" co? However...would someone like to reverse into us! that could be really interresting, a reincarnation of Bellair Cosmetics maybe ho ho ho! All will be revealed no doubt. edit, Some (or all) of the above rubbish as I have now checked co website which gives a little "incite" http://www.insetco.com/|
|At least we can sell up and use the tax loss for something else.|
|every previous share (worth a staggering 1p prior to close of business) is now worth a staggering 550 times less ! Wow, Im gonna retire on this one.....|
|Mon 12 April - as Insetco Plc (INC)
Merits a new thread.|
|My PC crashed before was going to post:
Further to our previous communication of 13th November 2009 regarding the placement of the Company into Administration, we write to information you that ASG Media PLC is proposing a Capital Reorganisation on the following basis:
Every 550 Existing Ordinary GBP0.01 shares will be consolidated into 1 New Ordinary GBP5.50 share.
Every newly Consolidated Ordinary GBP5.50 will be subdivided into 1 New Ordinary GBP0.00001 and 1 Deferred GBP5.49999 share.
The Company is also proposing a Company Voluntary Arrangement (CVA) of ASG Media.
Further to the CVA, the Company is also proposing to re-admit to trading on the Alternative Investment Market (AIM).
In addition, the Company is proposing to change its name to Insetco PLC.|
|Just had the corporate action through|
|Is there one?|
|anyone received the distribution yet?|
|ss...he seems behind the curve - I've posted him a reply:
"spider...seems like someone is about to reverse into the shell that is now the former ASG Media An announcement is due by the end of this week I believe.
Meanwhile, any right the Company had to trade as ASG or ASG Media were sold to TrainFX, as were the business and assets of the two subsidiaries, ASL Media and Freelance Media. TrainFX is an unlisted company, soon to be 100% owned by RAM Investment Group (RAM), currently 49.9% held.
The acquired assets, are currently being managed and operated by RAM Vision, a wholly owned subsidiary of RAM Investment Group. The assets initially traded as ASG Estates and hence the change you've seen on the website.
IMHO, if you like the sector, RAM is shaping up and is definitely worth a look before others catch on. My ADVFN thread header has details. Hope this helps. DYOR."|