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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bateman Lit | LSE:BNLN | London | Ordinary Share | NL0000683829 | EUR0.10 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.90 | 0.00 | 01:00:00 |
| 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 |
|---|---|---|---|---|
| - | O | 0 | 2.90 | GBX |
Bateman Litwin (BNLN) Share Charts1 Year Bateman Litwin Chart |
|
1 Month Bateman Litwin Chart |
Intraday Bateman Litwin Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 22/10/2010 | 11:07 | Bateman Litwin plc | 371 |
| 12/4/2009 | 12:18 | BATEMAN-LITWIN - Turning the key towards your success | 48 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 15/10/2009 15:40 by bottompicker its basically saying, well we will own 75% so we are going to delist. Everyone else can kick and scream, but if we get 75% of the vote, then so long suckers. Its going to deliberately drive down the price of the shares so that other share holders may only leave at a very low price. Meanwhile, it intends to keep a hold of all the remaining shares, which it believes is worth much more, and buy up the remaining shares from other people at knock down prices. Dont like that? tough! I just wonder if I can keep a hold of these for a very very long time? But i suppose they will use other methods to dilute my shareholding and steal the company off the current shareholders. |
Posted at 15/10/2009 14:13 by ivyeileen This an effing disgrace and the Stock Exchange as the appropriate regulatory authority for AIM stocks should be doing something about it. Reasons are stated by others above.The majority shareholder has proposed the "delisting", so will that majority shareholder vote its shares in favour of that "delisting" ? There is case law stating that an independent vote should take place and the majority shareholder cannot "steamroller" the resolution through by using its votes. Cannot remember the name of the case, but it was a Scheme of Reconstruction under the old section 206 Companies Act. Lord Templeman (then a High Court judge) ruled that the majority shareholder could not vote in the same meeting as the other, independent shareholders. Why isn't this applicable here - I bet the resolution would be passed on that basis and the majority shareholder should act responsibly and offer a fair price, instead of this "squeeze" of all us mugs left as remaining shareholders. Where is the Stock Exchange doing (or nor doing) its job ? |
Posted at 07/10/2009 16:11 by andypace I think if you can afford to buy now and leave for a few years, you should make a tidy return. I've bought a few in a SIPP which I'll leave. I feel sorry for existing holders though, they have been well and truely shafted and the exit price doesn't represent any sort of realistic value. |
Posted at 07/10/2009 15:54 by the shuffle man How can this be allowed, the majority shareholder votes for the company to be delisted.The shares then plunge as not many people want to hold an unlisted company. The majority shareholder then mops up all the loose shares and increased their holding at a fraction of the cost of the True market value. I feel that holders have been well and truely shafted. If the majority holder was to launch a takeover they would have had to pay a far higher price. They have got this on the cheap. |
Posted at 05/10/2009 11:50 by drewz I've been down this road before in 2000-2004 with Cedar Group - the company was failing due to mismanagement of its dotcom enterprise software business and John Moulton of Alchemy bought the business for a pittance as it was otherwise insolvent without a cash injection. The company was immediately delisted. Minority shareholders who held on to their shares were a nuisance to Mr Moulton and he wanted them off the register, despite the fact we wanted to participate in the cash injection/fund raising and share the recovery of what was a substantial business. But, oh no, Mr Moulton wanted the rewards all for himself, so as majority shareholder he voted through a scheme of arrangement to buy out the minority shareholders via cancelling our shares and replacing them with a loan note redeemable for cash at a future date. Eventually I got £30 for what were £3000 worth of shares when they delisted. The fact that the business was worth far more than that was irrelevant. We had no say in the matter, outvoted and outmaneuvered at every turn, as we were. I would not be surprised if something similar happened here at a future date. Minority shareholdings in a private unquoted company are generally a waste of time and money as it is extremely difficult to realise any cash value for them. |
Posted at 05/10/2009 11:23 by m w 80% loss here but not selling, This is not broke but going private, dont give them your shares at this price there worth alot more |
Posted at 01/10/2009 23:40 by thepinkpanther free stock charts from www.advfn.comthe price appears to be within a falling wedge, previous lows have been taken out ie 11.5, 11.0.......next support would be 9.5 and 8p ie the previous low...... a close back above 11p would appear to be required........ |
Posted at 04/9/2009 17:42 by broshm well ! wonder how the price is set ? |
Posted at 04/9/2009 16:33 by broshm can you believe the trades statement re buy/sell ? they have almost all been buys ,for the past few weeks ,price does not reflect this ? |
Posted at 15/10/2008 11:31 by mdchand fiat - re RNS released on the 22nd September. It talks about cost overruns and impairment charges. Until the market gets clarity or resolution on these factors it will assume the worst and price the share accordingly. slowtrain makes a good case for investing in these, but until we know the size of the impairment, the cash mountain they're currently sitting on could be a lot smaller in days to come....hence the share price Those in the know will have a good idea about the impairment charge and no doubt will have positioned themselves accordingly. recent share price movement suggests that the impairment is perhaps not as bad as suspected, but for you and me, its a gamble in the dark, albiet one where you can atleast make a reasoned assessment of the risks involved. |
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