Forte Energy Share Discussion Threads

[bandflex] 22/7/2016 13:24

At 0.007p the post-consolidation price at 1824 to 1 is the equivalent of about 12.7p. The new shares will be issued at the post-consolidation price of 8p. So the current price seems to be overvalued.

[bandflex] 22/7/2016 12:34

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..."

[letmepass] 22/7/2016 10:46

Volume a quarter of total shares, huge..

[letmepass] 22/7/2016 09:14

Bid slowly increasing..

[apfindley] 22/7/2016 09:05

Heads up GWMO drilling now get in early on a multibagger..

[letmepass] 22/7/2016 09:00

Expecting to be over 1 by days end. Moving nicely at the moment with good volume

[tmmalik] 22/7/2016 08:59

I was expecting min 100% of last day price but it was just 44%.I still believe it will b massive increase after RTO get completed.What others think?

[letmepass] 22/7/2016 08:58

Nearly 20% traded already

[garykc] 22/7/2016 08:55

Nice new thread to a new start for our business. Could we put the current share chart up on this thread too?

[knicol46] 22/7/2016 08:29

Admission document out

[letmepass] 22/7/2016 08:07

More than likely to triple due to new acquisition

[garykc] 22/7/2016 08:02

Some real thoughtful chat over on the LSE website. Some reckon over 400% others not so. A lot to take in on the admissions document..........

[tmmalik] 22/7/2016 07:05

We are back and let see what will be opening price.

[nextlink] 28/6/2016 20:16

Give me all your money and I will give you three magic beans - at some
future unspecified date.

[smraynot] 28/6/2016 19:25

Lets have some news tomorrow!

[borisjohnsonshair] 28/6/2016 09:11

FTE has out performed Te market since Thursday.

[garykc] 11/6/2016 09:22

May the farce be with us.

[tmmalik] 10/6/2016 21:25

So end of this month trading can b resumed.

[garykc] 10/6/2016 18:20

2 x RNS's out. They have also hidden another £50K drawdown in one of them.

[borisjohnsonshair] 10/6/2016 08:30

No news is coming. Time is a barrier for the PLC criminals. Call the police. You've been robbed.

[hope67] 04/6/2016 22:15

Michael is a deal maker, taking in the interests of all parties to reach successful business outcomes beyond the deal itself. Most deals have a multi-million dollar baseline, more often than not, start from a simple ambition to link people with technology and investment.

Michael is the Founder and Group Executive Director of BOS GLOBAL Limited (BOS), an aspiring Australian public (unlisted) company operating since year 2000. Importantly, Michael puts BOS people first, and at the heart of its technology investment in order to generate future dividends for its Shareholders.

BOS invests, operates, supports, protects and commercialises cloud based software technology assets that deliver operational efficiency for clients. Targeting banks, financial institutions, insurance and professional services organisations of any size anywhere in the world. Furthermore, BOS heavily invests in the design, development, commercialisation and exit of technology software assets that reduce activity waste in any size organisation. BOS people, with over 20 years experience per person leverages its expertise globally in areas such as Fin-tech, Workforce and productivity software for any size business to license.

Since founding BOS in year 2000, he has been involved with hundreds of technology and professional services businesses including government’s trade officers, commercialisation units, global IT&T companies and many early stage software product companies across the globe.

Michael holds several private company directorships related to the BOS Group of Companies, including three Sales and Investment joint venture operations.
Before BOS, Michael held sales and operational roles for Unisys, Alcatel, IBM and National Australia Bank.

[nextlink] 03/6/2016 17:21

I have wondered if all Australian Mining Engineers go to a
finishing school for Con Artists after Graduation.

[mobox1] 03/6/2016 17:08

I would like to realise the loss I have on these shares but can't while they are suspended. Does anyone know how long they can stay this way?

[andrea152] 16/5/2016 12:47

This company is finished and I sincerely hope someone puts a bat down Mark Reilly's nightdress at some point. He has lost investors a fortune, in order to maintain his own lifestyle.