Clerkenwell Ventures Share Discussion Threads

[diamond1] 10/9/2007 12:16

We need REAL news and SOON or the share price will quickly retrace. Let's hope it's tomorrow when the consolidation takes place. They have waited for a long while to find the RIGHT deal. Let's hope so. Could be good if they have.

Two decent sells today. People are getting twitchy already.

[currypasty] 10/9/2007 11:03

RNS Number:5635D
Clerkenwell Ventures PLC
10 September 2007


Clerkenwell Ventures PLC
(the "Company")

Completion of Placing and Grant of Options

Pursuant to the announcement on 6 August 2007, the Company has raised
approximately #25.6 million (before expenses) through the placing of 341,325,000
ordinary shares of 1p each ("Ordinary Shares") at a price of 7.5p per Ordinary
Share. In addition, David Page and Paul Campbell, both directors of the Company,
exercised share options for 1,000,000 Ordinary Shares each at a price of 3p per
Ordinary Share. David Page and Paul Campbell also acquired 1,600,000 Ordinary
Shares each as part of the placing at 7.5 per Ordinary Share.

The total number of Ordinary Shares and therefore the total voting rights is
currently 412,236,145. As mentioned in the announcement on 6 August 2007, the
Company will be consolidating its share capital at a ratio of 5 to 1 on 11
September 2007. Following the consolidation, the entire issued share capital
will be re-admitted to trading on 12 September 2007. Following the consolidation
and re-admission the total number of ordinary shares of 5p each in issue and
therefore the total voting rights will be 82,447,229.

Following the approval of the Clerkenwell Ventures plc 2007 Option Plan at the
EGM held on 3 September 2007, David Page, Paul Campbell and certain employees of
the Company were granted options over Ordinary Shares ("Options") at an exercise
price of 7.5p per Ordinary Share. Upon consolidation of the share capital as
described above, the Options will consolidate in number at a ratio of 5 to 1 and
the exercise price will increase by 5 times to 37.5p.

The tables below show the shareholdings of David Page and Paul Campbell prior to
and after consolidation.

Pre-consolidation:
Shareholding Shareholding Options
Number of ordinary % of existing issued granted
shares of 1p each share capital
David Page 5,683,433 1.38% 15,453,191
Paul Campbell 4,700,100 1.14% 15,453,191
Employees 4,000,000

Post consolidation:
Shareholding Shareholding Options
Number of ordinary % of issued Granted
shares of 5p each share capital
David Page 1,136,687 1.38% 3,090,638
Paul Campbell 940,020 1.14% 3,090,638
Employees 800,000

[diamond1] 07/9/2007 11:36

Bid just gone to 8p

[currypasty] 07/9/2007 11:20

You have a point there... but if you were buying, you would push your arguments to lower the price, painting a gloom and doom picture, while hoping your 'flair' could outperform said gloom.

At the end of the day, they are smart people, and know the industry, and are putting their own cash in... we shall just have to wait and see

[diamond1] 07/9/2007 11:03

Curry,

I hope the spread narrows a bit after the consolidation. It's horrendous at the moment.

Re your earlier comment, I don't think the institutions will stump up more cash until the model, whatever it is, has been proved. That could take a year or more. With the UK heading for recession, the leisure industry could be the first to suffer. Let's hope the directors have picked something other than a restaurant chain as eating out is often the first thing to go when people are short of money.

[ob4] 07/9/2007 11:02

OK guys, I'm in - didn't get my lower entry point but I can't sit here and see this keep going up. Sneaky feeling we will be double this price in the next 6 weeks or so.

[currypasty] 07/9/2007 10:32

8p BID tra la la

consolidation tuesday... dont all rush out and sell at 50p, only to realise you only had a fifth of what you sold... ive seen it before, it happens !

[upside potential] 06/9/2007 19:21

expect the squeeze up to 40p ish (maybe 50p if we hit 10p soon) in what, less than a week approx (1 for 5 consolidation) ? ; wonder what mr page has in his sights for the dough; hazard a guess at a reverse takeover of a current high street restuarant operator ! whatever it is, instis backed him for future development.

[currypasty] 06/9/2007 16:22

quite a few, several hundred thousand. As you can see from the date of my thread, ive been holding a long time too. Although its been a pain waiting, the shareprice was always backed up by the cash in the bank, so no problem really.

There have been times when the shareprice dipped below cash value, and i have added each time it did this. My average is therefore quite low, and im about £5k up on todays BID.

Im hoping that for the institutions to put up many times more cash than the company already had, plus directors buying in the placing.... the target Company will be tasty.

I expect once this all comes out, the shareprice will move quickly, especially if the new institutions are locked in, or are backing long term, and there arnt many shares in free float. I may be tempted to top slice at that point.

[master1712] 06/9/2007 16:15

looking very promising curry , you got many of these?

[currypasty] 06/9/2007 16:13

very strong day again today

2 mm ASK 8.75
2 mm BID 7.50

[currypasty] 06/9/2007 15:02

3 market makers on the bid

1 on the ask at 8.25


tick up on next buy, IMO

[ob4] 06/9/2007 09:41

Morning master

[master1712] 06/9/2007 09:30

theyhad to - price was a nonsense before

[currypasty] 05/9/2007 15:52

Clerkenwell Ventures raises 25.6 mln stg in placing at 7.5p/share



Plenty of people waiting for a cheaper price... i think 7p was a gift myself

[philjh] 05/9/2007 15:37

ob4 ............. 4-5p ........... I don't think so

[philjh] 05/9/2007 15:36

a dummy sell shows me they're willing to pay me 7p so buyers today at a similar price did well

[ob4] 05/9/2007 15:35

Correct Diamond - this is overvalued at the mo IMO, I may have a look if I can buy at 4-5p in the next few weeks. Without these buys the price will retreat.

[ob4] 05/9/2007 15:35

Correct Diamond - this is overvalued at the mo IMO, I may have a look if I can buy at 4-5p in the next few weeks. Without these buys the price will retreat.

[diamond1] 05/9/2007 15:32

master1712,

Your trade and another of 350k seems to have got the MMs nervous. We need some news of a purchase soon though or the share price will soon retreat again.

[master1712] 05/9/2007 09:36

picked up anothr 110k at 7 , real struggle

[upside potential] 04/9/2007 19:45

so instis coughed up at 7.5p and they are 5.5 bid and a pi can buy sub 7p; looks worth a pop to me - if mgment can do half of what CPH has done etc.

[philjh] 03/9/2007 13:06

be interesting to see if there are any further buy orders repoerted later and at what price

[master1712] 03/9/2007 13:04

riiclous price by mm`s shouldn`t be allowed imo