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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cayenne Tst | TCT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 157.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 157.50 | 157.50 |
| Top Posts |
|---|
Posted at 17/1/2002 12:43 by zho The only way I could make sense of apparently senseless acts by Lane and Taunt was to assume that they wanted to run the company into the ground in order to pick it up for a song - and I think they've played their cards very well in doing this.The story might not quite be over - I imagine that the administrators could not have been told about the bid made for TCTi last April. Nor about a firm written indication of interest made a few days ago, to which no reply was received. Obviously the directors have not been behaving in shareholders' interests but then, plas ca change. I don't know how much point there is in an action group - I suspect the time for that has passed. Nevertheless, I've written to a few people with whom I've had contact in the past - staff writers at Citywire and Growth Company Investor, the Editors of Aim Newsletter and Guardian city pages, and Mike Walters, so maybe one of them will say a few words. T |
Posted at 17/1/2002 00:52 by mike the mechanic Appointment of AdministratorDisposal of Assets TCT International plc ("the Group" or "TCTi") today announces the appointment of I. J. Allan and M. F. Stevenson of Smith and Williamson as joint administrators to the Group. The appointment follows an Order made at the High Court of Justice this morning. The move follows the collapse in late December of a potential fund raising when one of the key investors withdrew. TCTi shares were suspended on 28th December 2001 whilst the directors worked with the Group's advisors to clarify its financial position. The administrators have accepted an offer to acquire the Group's business and assets as a going concern from a new company headed by Chris Lane, the former Chief Executive, for a consideration of #136,000 and would expect to complete the sale in the immediate future. The new company will also assume a number of liabilities, customer commitments and continue to employ the current professional staff. Whilst this deal should ensure a distribution to the Group's unsecured creditors in due course, there will be no funds available for shareholders. So now we know why Lane resigned yesterday. I wonder how hard he worked at finding a buyer. Still I, for one, wouldn't have contributed another penny to TCTi. Mike |
Posted at 29/11/2001 00:08 by jwoolley Can anybody tell me when the results are due on this one....Is there a website for this company...and what are the general feelings for the future.Possible new investor.... |
Posted at 12/7/2001 10:41 by mike the mechanic I don't think there is any doubt that they WILL blow the cash.The difference now is that some investors may now be persuaded to stump up additional cash to keep TCT afloat, or maybe a competitor will take TCT off our hands. If we're lucky, we might see the 5p placing money returned! Mike |
Posted at 15/11/2000 09:42 by pugugly Check investors chronicle of 27 October where stated that "Brokers forecast 2000-01 sales of £600,000 and losses of £4.8m" So far as I can see this is more than the cash in the bank so there may have to be a fund raising exercise and a significant dilution of the existing holdings. However at 41p you may have bought close to the current bottom. |
Posted at 12/11/2000 12:14 by windowshopper I`ll cut to the chase..tct..tricordeFact #1;tct market leader in 3d imagary,medical,gami Fact#2;tct,secured deal to supply software and backup for Quake 111,half life,sims,unreal tournament,star trek and others as suppliers of technology to enable individual to "clone" his/herself into video game,an industry first.Gaming will never be the same again,I repeat!!!"GAMING WILL NEVER BE THE SAME AGAIN" Need some assurance! check this out! As I`ve already stated,news will filter through between now and year end,and can only mean a price hike! w |
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