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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Charles Street | LSE:CHC | London | Ordinary Share | GB00B06L6200 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
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|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.35 | 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 | 0.35 | GBX |
Charles Street (CHC) Share Charts1 Year Charles Street Chart |
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1 Month Charles Street Chart |
Intraday Charles Street Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/10/2019 | 20:54 | Charles St Capital ....NEW name for me old Sweet China | 4,054 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 12/11/2012 08:05 by 34simon Think the reason no sell off is you can actually trade your old CHC stock online yet, not that I would sell at 1p anyway. |
Posted at 11/11/2012 03:19 by slimey2 Vauch i seriuosly doubt it more like 0.5p! ...but 7p breakeven for me, a falling knife was caught, my hands are sore that is the risk of shell companies. Pity Conboy bailed and Ireland turned sour for CHC, oh well sentiment can change....let us see |
Posted at 01/10/2012 01:47 by slimey2 just got back from my hols in Europe, back in Canada saw CHC news on relist creeping forward so thought i would increase my stake in Duty Free put a buy in for £30 amazed i got 6 tubes of toblerone and no trader fees! Current holding of Toblerone has depleated since i bought though!.....if CHC relists i will also be amazed, jeez cant see it this side of 2012...we can hope though |
Posted at 09/9/2012 09:33 by stav5001 How kind.Actually as everyone here knows it is an unused copper mine that was producing from very high grade ore. No one likes taking losses, including me, but There is no point revisiting the past, that cannot now be changed. IMO , after attending this will relist, unlike Bulgaria, we are in a jurisdiction where CHC has connections. With changes taking place around the globe, and nations understandably wanting to take a higher stake or control of their own natural resources, developed economies like Europe are changing their attitude towards mining, as security of supply starts to outweigh the environmental issues. This mine has potential, for example prior to it closing when the price of Copper collapsed, there was a shaft being driven horizontally away from the current mine, for more than a kilometre through hard rock to a new destination,that was not completed, it also has an almost completed new air shaft. Why would anyone drive these very expensive shafts? What did they know? CHC's engineer who has a lifetime of practical experience has his own view, those willing to demonstrate more patience will find out if CHC are right or not, of course everyone has the opportunity to bail out on day one, when this relists, and take their losses. GL |
Posted at 26/8/2012 19:45 by dr rosso Authority to raise up to £5m is being sought at agm. 10bn new shares at 0.5p?They are looking for a relist price at 1p. With so many punters ready to exit with whatever crumbs remain, share price should hit 0.5p. Had vague memories of 1m at 0.35p. Reduced to 50k at 0.5p. Oh well, live and learn. |
Posted at 10/8/2012 18:51 by negotiated_raid Yes, that's always a possibility in this type of situation. I wonder if the low re-list price of 1p is pure engineering in order to create a buzz with a rapidly increasing share price. It could also allow quite a smooth consolidation between CHC and (will be)CNT holders. Could this do 400% or so quite rapidly? Who knows... |
Posted at 22/7/2012 12:14 by pwhite73 scyther 22 Jul'12 - 02:29 - 3679 of 3682"So your saying that for every £1000 invested per suspension will be worth at most £100 post suspension. That's not only a consolidation of 20-1 but a devaluation of 10-1 as well." That's correct. That is what the convertible loan note has effectively done to the shareprice. I also suspect the £100K convertible loan note is owned by someone close to the company. If there is any premium in the share price it would have to come from the value the market puts on the project. Our copper project is in Austria which is deemed politically safe and readily accessible. What is really sad about this whole fiasco is that CHC was not suspended in Dec 2010 for the usual reasons like the need to clarify its financial position, late reporting of results or even the need to re-state the accounts after hidden losses had been discovered. CHC was suspended because it had initiated the process of returning shareholder value by investing in an Irish copper mine. From there things have just gone from bad to worse with no end of this trajedy in sight. The company just cannot seem to bring itself to tell everybody they've lost their money (there may be legal reasons why). Instead we have been strung along from one failed project to the next. When they consolidated the shareprice and changed the name in November 2011 I honestly thought we were on the way back. Nine months on there is still no sign of a re-listing. If Life of Riley on another BB is to be believed the problem appears to be compliance issues with the LSE. Considering what they have done to their shareholders and given the recent financial scandals (LIBOR, etc) its hardly surprising the LSE has taken issue with a company coming back devalued by 90% for no apparent reason other than to line the pockets of those providing source money who are probably the same people who stripped the company of its cash in the first place. |
Posted at 13/7/2012 19:26 by pwhite73 An earlier post taken from another website said the delays were due to compliance issues. Although they fully deserve it I do hope the LSE don't prevent them from coming back or I won't see my money.£100,000 convertible loan note has an exercise price of 0.67p yet the share price after the 20-1 consolidation is about 7p. Even before relisting they've wiped 90% off shareholder value and at the time of suspension the share price was already in the doghouse. |
Posted at 13/7/2012 16:59 by dr rosso Suspended at 0.35p. 1 for 20 consol means 7p to equal pre-susp price. More chance of finding fairy dust at bottom of garden.Reality check. 52m shares in issue after consol 55m new shares placed at 1p to raise £550k to buy the mine. Another 25m in options at 0.05p expiry date 4 July 2012, so prob been taken up. For working capital £100k loan note, convertible into 15m shares at 0.67p contractual price. Total 132m shares in issue, to rise to 147m on conversion prob in 2013. All rests on what the market thinks Mitteberg copper mine is worth. The Co. claims to have enough funds to see it through next 12 months. £30k in bank + £100k loan doesnt seem a lot. Further depends how close the mine is to copper production. £13.2m mcap would give share price of 1p. Looks like a penny for starters on re-admission. |
Posted at 05/11/2011 15:57 by 11gp The best thing you can do is to abs ignore all those figures 0.1p, 0.01p, 0.2p. These are simply par/nominal/face values. The Canisp loyalists may remember the hysteria and wailing when Tristar announced the creation of shares at 0.005p when the pre-suspension market price was 0.35p.Look at it simply as a restructuring, a 1 for 20 consolidation. Res 6 makes it clear that Existing Holders of 20 Ordinary Shares (whose face value has changed from 0.1p to 0.01p) will hold 1 New Ordinary Share (new face value of 0.2p). They havent swiped any of your shares!! So for example, my 1m shares becomes 50k shares. Whether I gain or lose is entirely dependent on how those new shares are going to be valued. The key to it all lies in the Cos market capitation which is based, inter alia, on the acquired asset and its prospects. I cant remember the shares in issue. Lets use an illustration of an mcap of £3.5m, pre-suspension. 1bn shares in issue gives an share price of 0.35p. What happens now is the 1 for 20, so the Co. has a reduced figure of 50m shares in circulation. If the market values the new Co. on Dec re-list at the same £3.5m, the share price will open at 7p. Investors will have gained/lost nothing. Unfortunately that 50m figure is going to increase. Personally I think the opening market price will be around 4p. Greg got Noricum off to a great start, but this lucrative copper project is several months off production, + of course the Co. must raise working capital. That means a placing and that means dilution. Shall we say 10m placing shares at 4p, so raising £400k in the first instance. They are also issuing shares to raise £1m to buy the mine itself. Another 25m shares at 4p. The good news is that the Co. has hung onto £428k cash after 2 years of burning finance on aborted deals. Here's the Annual Report, 30 pages of chucking money down the drain.. What's this Austrian copper mine worth, incl prospects, at the present moment. £3.2m? Might be being optimistic here as Weatherly (WTI) is nearing production and valued at £3m. Divide by 85m shares for an opening share price of 4p. My own holding of 1m shares at 0.35p (£3500) would become 50k shares at 4p (£2000). Am I happy? Well actually I'm not too displeased with these developments, and will hold up to copper production (unless of course something knackers up the proposed acquisition.) Prob re-list mid-Dec so that they can get on with the fundraising. |
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