Filtronic Share Discussion Threads

[mesquida] 26/10/2015 19:15

New shares were actually issued at 5p, not 5.5p. If the open offer to all shareholders goes ahead ( and the word is that it probably will ) then the issue would likely be on the basis of 1 new share for every 10 held ( or thereabouts ) , and the issue price would be the same at 5p. All shares would qualify for the open offer, including the new shares recently issued to institutional holders, which seems a tad too generous in their favour although one could argue that they have effectively rescued the company. Nevertheless the fact is that they have effectively bought half the company for just 5 million pounds, which would have seemed unthinkable say two or three years ago.

[mesquida] 26/10/2015 19:11

New shares were actually issued at 5p, not 5.5p. If the open offer to all shareholders goes ahead ( and the word is that it probably will ) then the issue would likely be on the basis of 1 new share for every 10 held ( or thereabouts ) , and the issue price would be the same at 5p. All shares would qualify for the open offer, including the new shares recently issued to institutional holders, which seems a tad too generous in their favour although one could argue that they have effectively rescued the company. Nevertheless the fact is that they have effectively bought half the company for just 5 million pounds, which would have seemed unthinkable say two or three years ago.

[mesquida] 26/10/2015 19:08

New shares were actually issued at 5p, not 5.5p. If the open offer to all shareholders goes ahead ( and the word is that it probably will ) then the issue would likely be on the basis of 1 new share for every 10 held ( or thereabouts ) , and the issue price would be the same at 5p. All shares would qualify for the open offer, including the new shares recently issued to institutional holders, which seems a tad too generous in their favour although one could argue that they have effectively rescued the company. Nevertheless the fact is that they have effectively bought half the company for just 5 million pounds, which would have seemed unthinkable say two or three years ago.

[mesquida] 26/10/2015 19:07

New shares were actually issued at 5p, not 5.5p. If the open offer to all shareholders goes ahead ( and the word is that it probably will ) then the issue would likely be on the basis of 1 new share for every 10 held ( or thereabouts ) , and the issue price would be the same at 5p. All shares would qualify for the open offer, including the new shares recently issued to institutional holders, which seems a tad too generous in their favour although one could argue that they have effectively rescued the company. Nevertheless the fact is that they have effectively bought half the company for just 5 million pounds, which would have seemed unthinkable say two or three years ago.

[mesquida] 26/10/2015 19:07

New shares were actually issued at 5p, not 5.5p. If the open offer to all shareholders goes ahead ( and the word is that it probably will ) then the issue would likely be on the basis of 1 new share for every 10 held ( or thereabouts ) , and the issue price would be the same at 5p. All shares would qualify for the open offer, including the new shares recently issued to institutional holders, which seems a tad too generous in their favour although one could argue that they have effectively rescued the company. Nevertheless the fact is that they have effectively bought half the company for just 5 million pounds, which would have seemed unthinkable say two or three years ago.

[mesquida] 26/10/2015 19:06

New shares were actually issued at 5p, not 5.5p. If the open offer to all shareholders goes ahead ( and the word is that it probably will ) then the issue would likely be on the basis of 1 new share for every 10 held ( or thereabouts ) , and the issue price would be the same at 5p. All shares would qualify for the open offer, including the new shares recently issued to institutional holders, which seems a tad too generous in their favour although one could argue that they have effectively rescued the company. Nevertheless the fact is that they have effectively bought half the company for just 5 million pounds, which would have seemed unthinkable say two or three years ago.

[mesquida] 26/10/2015 19:05

New shares were actually issued at 5p, not 5.5p. If the open offer to all shareholders goes ahead ( and the word is that it probably will ) then the issue would likely be on the basis of 1 new share for every 10 held ( or thereabouts ) , and the issue price would be the same at 5p. All shares would qualify for the open offer, including the new shares recently issued to institutional holders, which seems a tad too generous in their favour although one could argue that they have effectively rescued the company. Nevertheless the fact is that they have effectively bought half the company for just 5 million pounds, which would have seemed unthinkable say two or three years ago.

[angus17] 26/10/2015 18:30

hi
the General public don't get a look in.
the BOD said they may offer some additional shares to existing holders but this hasn't been confirmed yet.
the institutions have all the 5.5p issue already.

[fillipe] 26/10/2015 18:25

Hi all....has anyone yet had any paperwork allowing them to actually apply to take up the current share offers....rights and oversubscribe etc.

It all seems to have been going on for ages.

Thanks

f

[angus17] 21/10/2015 19:04

ok it's a start. I like the mass production bit.

Could we finally have bottomed out.

[angus17] 14/9/2015 10:12

come on lets have a nice sales contract please.

Together with the placing this RNS does suggest that at least the company will have the funds for a couple of years.

[gfrae] 14/9/2015 08:57

Cup of tea would be nice.

[angus17] 02/9/2015 09:01

hmmmm something might be brewing

[angus17] 28/8/2015 10:53

what chance a nice contract being signed before the new shares being issued, giving us all a lovely profit on the issue price shares. Well you never know.

[gfrae] 27/8/2015 14:51

Which indicators look good here ?

[buywell3] 27/8/2015 12:26

Knowing 29 Dec'09 - 23:07 - 39 of 376 0 0

Indicators look good here

[thekida] 27/8/2015 12:20

I remember when this was a £5 share now its 5p.......smell of burnt fingers methinks

TK

[buywell3] 27/8/2015 08:18

Knowing 29 Dec'09 - 23:07 - 39 of 376 0 0

Indicators look good here

[angus17] 27/8/2015 08:10

well at least we know they will survive now. lets just hope the new products are truly world class. if they are then the pain might still be worth it.

[weatherman] 27/8/2015 07:52

5p for a massive dilution....they should sell up...they had nearly £20m in bank when they took over.

[buywell3] 14/8/2015 15:23

Knowing 29 Dec'09 - 23:07 - 39 of 376 0 0

Indicators look good here

[angus17] 14/8/2015 15:22

looks like somebody knows what the fundraising price is going to be. 8.5p or thereabouts.

watch out for the rns Monday

[she-ra] 06/8/2015 12:25

Will there be a deeply discounted placing?

[apfindley] 05/8/2015 18:03

Forget rem, IRG is about to fly, survey results in 2 weeks, £1.2m mkt cap, with 108mmbbls oil. IRG