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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Forte Energy | FTE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.0029 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.0029 |
| Top Posts |
|---|
Posted at 30/8/2016 17:21 by csmwssk12hu For every apx 2900 fte you now have 1 bos |
Posted at 19/8/2016 08:15 by liquidgold1 Good things come to those who wait.Fte shareholders will be rewarded very soon just a few days to go then next month this will rerate September always a good month for that... |
Posted at 28/7/2016 17:10 by the stigologist you are nutsForte Energy - African Uranium with charts - FTE deltalo - 11 Dec 2015 - 08:19:06 - 9976 of 10340 Up we go now Forte Energy - African Uranium with charts - FTE deltalo - 10 Dec 2015 - 12:17:15 - 9933 of 10340 The mms will try to pull this share price down this afternoon. Seen it so many times. |
Posted at 25/7/2016 14:37 by bandflex Another gem from the admission doc..Admission costs $809000 (£406100), that's about 2/3 of the FTE market cap. at the present moment. The admission doc. is littered with these gems. |
Posted at 25/7/2016 11:05 by bandflex You can post all the sugar coated nonsense you want it doesn't change the facts.Fte value the company at 0.0044p (8p) If the deal goes through the combined assets will be about £0.9, approx. 0.0011p (2p) Both FTE and BGL are in dire financial condition. They are unsure that they have control of the IP and any future royalties. They admit they are targeting a market already flooded with similar successful products. If the deal goes through they are immediately intending to issue more free shares to directors. If the deal goes through current fte share holders will be left with just 13% of the company. If the deal goes through FTE and BGL have ageed a further share placing will be necessary almost straight away because both companies are broke, which I would guess would leave current holders with less than 10% of the company. Its all in the company news releases and the Admission document, though I know some of you are not keen on factual information. And most importantly what's a bloch? |
Posted at 23/7/2016 19:31 by bandflex Neither of these companies seem to have any money of significance. FTE is relying on loan notes and BGL had about A$3000 cash.Unaudited combined net assets are about A$1.6m (£0.9m) This is an all share deal for the assets no money is being raised that I can see in the admission doc. I am happy to be corrected. If the deal is voted through they will need to raise funds. Going back to the DEC 31 2015 RNS it does state "Post the share consolidation, completion of a capital raising (of an amount yet to be established) at a price to be determined in the context of the market and as agreed by BGL and Forte, with the proceeds to be used to provide working capital to the enlarged entity" So a big fat fundraising and more dilution to come, after all these directors have life styles to maintain. |
Posted at 22/7/2016 13:34 by bandflex To make it clearer once the 1824 to 1 consolidation takes place there will be 7.5m FTE shares in issue.The company will then issue 42.5m consideration shares at 8p and 7.5m performance shares for free. 8p post-consolidation is 0.0044p today. |
Posted at 22/7/2016 12:34 by bandflex Post-consolidation and post-new shares issued the headline figure is 50m shares at 8p, mkcap £4m, but infact the company will issue free performance shares to directors amounting to 7.5m shares on admission of the new shares.So 57.5m shares at 8p will give mkcap £4.6m. Their are then another 17.6m free performance shares to be issued, but if they do not meet those performance targets by December 2019 then all remaining free performance shares will be issue anyway, not much incentive there then. Current FTE shareholders will be left with about 13% of the company, and far less when the other 17.6m performance shares are issued. The company will own only 50% of the IP of software products which as yet have no sales and generate no revenue. They have two products at beta stage that they hope will be commercially available in 2017, I can't see anything in the admission doc. that says they have any contracts for these products. The admission doc. clearly states "there can be no guarantee that sales on a large commercial scale can be achieved or that the software business will become profitable..." |
Posted at 28/6/2016 09:11 by borisjohnsonshair FTE has out performed Te market since Thursday. |
Posted at 21/4/2016 11:42 by shwetal Drawdown on Convertible NoteForte Energy NL ACN 009 087 852AIM Release20 April 2016 Forte Energy NL ("Forte" or "the Company") (AIM: FTE), advises that it has today drawn down a further £50,000 under the convertible loan facility with DJ Family Trust ("DJFT").Under the terms of the revised agreement announced on 19 February 2016, the total funds available under the facility is £500,000. Today's drawdown of £50,000 brings the total amount drawn down so far to £150,000 leaving a balance of £350,000 available for future drawdowns.The Company is continuing work with its advisors to finalise a notice of meeting for shareholders and the AIM admission document for the proposed reverse takeover by BOS GLOBAL Limited ("BGL").BGL is an unlisted Australian public company focused on the aggregation of cloud technology investments targeting banks, financial institutions, insurers and professional consulting organisations. BGL has extensive FinTech experience with its established network of professional investment, enterprise sales, product marketing, product design, software development and support capabilities worldwide. BGL has publicly stated its objective to be a listed organisation in UK, Australia and United States over the coming five years. This transaction is the first step to achieving its stated goals for shareholders. For further corporate information about BGL visit www.bosglobal.biz .For further information contact:Mark Reilly, Managing Director Forte Energy NLOliver MorseRFC Ambrian Ltd(AIM Nominated Adviser to the Company)Forte Energy NLSuite 3, Level 31292 Hay StreetWest Perth WA 6005Ph: +61 (0)8 9322 4071Fax: +61 (0)8 9322 4073Email: info@forteenergy.com |
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