Fibregen Share Discussion Threads

[abadan2] 04/8/2008 15:10

Interesting that there is no news on a new Nomad. I don't think they are going to be able to get one.

[turbotrader2] 02/8/2008 22:59

not so sure

[psolomons] 02/8/2008 11:38

Flush the toilet...The End.

[double6] 31/7/2008 12:53

From todays RNS...

FibreGen plc (AIM:FBG) announces that all resolutions put to shareholders at the Annual General Meeting held 24 July 2008 were duly passed.

[turbotrader2] 31/7/2008 12:50

when was it?

[hashertu] 31/7/2008 11:33

Did anyone go to the AGM?

[asparks] 25/7/2008 13:13

my 12K investment is now worth 200 quid. So loss = 11,800

[asparks] 25/7/2008 11:26

greensmith will. (if he is not in prison)

[sg31] 25/7/2008 11:02

TT2,Well tell us what is correct.You seem to suggest you know more than anyone else.Earlier in the year you were suggesting good news was just around the corner,when it wasn't,so lets see if you can do better this time.
This has been a rip off,I suspect it will be bought out at a knock down price.Now I wonder who might buy it.

[turbotrader2] 25/7/2008 00:14

not quite correct

[john henry] 24/7/2008 22:19

asparks the business will have to be sold to pay the debt. This company cannot continue as a going concern. Its finnished. The recent fund raising will have to be investigated as they must have known about the impending bomb shell before they raised the funds. Director participation was another smoke screen.

[sg31] 24/7/2008 19:41

not a chance.

[asparks] 24/7/2008 19:19

they should serve custodial sentances.

I think the major shareholder will force an investigation (like TAN), and in time we will recover

[etarip] 24/7/2008 18:34

Totally agree that this has to be written off.

[john henry] 24/7/2008 13:11

It would be wise to right off any investment here. Imho the company will never return to the market. The whole affair was a scam. Thats the only way i can see the totally incompetance of the board. They knew what was going on and went along with it. No doubt the directors will come out smelling of roses.

[abadan2] 24/7/2008 12:56

This company may be able to raise some money by selling its canadian businesses, but the first £6.5m will be due to the bond holders in a liquidation. There is no chance that they will convert. In fact, the company will probably need to try to do a deal with them to survive, and this won't leave anything much for ordinary shareholders.

[pachandl] 23/7/2008 14:51

BigG - convertible bonds rather than shareholding.

[biggerbil] 23/7/2008 13:06

This investment company's 10th biggest holding was fibregen. Doh!

[the shuffle man] 21/7/2008 10:14

I am still confident we will get something back.

The canadian operations are profitable and allegedly trading at 1x ebitda based on current share price.

Someone will take these private and on the cheap IMO.

[asparks] 21/7/2008 09:28

we have Westwood and Kincaid - they must be worth something!