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GWIK Glenwick

0.06
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Glenwick LSE:GWIK London Ordinary Share GB00B0RFL714 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.06 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Glenwick Share Discussion Threads

Showing 201 to 222 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
01/6/2018
18:43
I received my I3e shares certificate from glenwick. With glenwick delisted now does that mean I have lost my shares? It also says I have shares in Cora as well from gwik does the same apply?
mikeysteven
01/6/2018
06:11
Glavey, thanks for the prompt reply lol. Think you need to move on. It's AIM and Dr Jaap Poll found an excellent investment in buying into i3e. He took all his income in shares. There are far worse directors on AIM and if you kept your i3e shares, you now have an excellent board of directors behind your investment and should be in profit now on your GWIK purchase, where as if GWIK folded, you would have got no more than 0.04p returned in cash, probably nearer 0.03p per share.
showme01
01/6/2018
02:42
That didn't stop them distributing Cora Gold shares did it? And the second distribution of 'a few' i3 shares offered shareholders better value.

(The trading costs are irrelevent given the primary distribution and are a matter for the recipients, not the distributor.)

Fact is we were told one thing (again!) and the company did another. The money went to ensure there was enough in the pot to pay directors following the final failed raising attempt for an investment case that was unlikely to be and indeed wasn't supported.

The Company Directors have an obligation to treat ALL shareholders equally and fairly. They failed to honour this.

Given they said they were going to distribute ALL, the withheld 20% of the distribution should tell you that they had it in mind at the time that the witheld amount might be used for other purposes. That is being economical with the truth.

glavey
09/1/2018
20:58
Glavey. I think it was to keep the distribution costs to a minimum. The failed open offer added to the costs of GWIK and this impacted the number of shares returned which is disappointing. If you did have 80,000 GWIK shares, you only qualify for 10 i3e shares at 29p so the trading costs would be higher than the value of the shares (£2.90) so there does need to be a sensible cut off.
The i3e does look to be an excellent investment and I have added considerably to my allocation with my 57m GWIK shares.

showme01
09/1/2018
19:13
Final distribution of i3 shares granted at 1:8000 but only to holders of min. 80,000 GWIK shares. No such restriction applied to original distribution (which was 1.043:1000). Restriction not previously mentioned. No reason given. So how did they work out just how to distribute the exact remainder of i3 shares on this basis as it must mean that 80k+ holders got more than their fair share or, if not, that there are 'left over' i3 shares not distributed (where are they?).

They clearly distributed small amounts of i3 shares in the initial distribution, so quite obviously there must be existing small holders who received them like it or not. Why have they been ignored now?

Who gave them authority for this prejudicial activity?

GWIK said they were distributing ALL the i3 shares to GWIK shareholders. The Initial Distribution was said to be 80%. The Final Distribution would be 20%.

Initial distribution rate 1.043:1000 (80%)
By calculation final distribution should be 2.086:8000 (20%)
But final distribution only 1:8000. Why the shortfall?

GWIK received 3,475,000 i3 shares.
They initially distributed 80% (=2,860,000) which would leave them holding 715,000 i3 shares.
The final distribution was 355,000 i3 shares, "its entire holding".

That would appear to leave 360,000 i3 shares unaccounted for.

glavey
04/9/2017
13:27
basic entitlement & excess option ongoing (open offer) on gwik shares, closing date Sept 11
andrbea
05/7/2017
21:32
bestdeal. I've been in communication with 2 ex GWIK directors whom I have met (Cam and Jaap) and one current director. It's all looking very good both with i3 and Cora Gold. All 3 hold shares in GWIK and are very positive but also share the frustration in this dragging on but the important thing is it's happening. Have you seen GWIK website update.
showme01
05/7/2017
21:28
3 changes of the float date on the stock exchange. have to say from an outside perspective that look like either incompetance or somethinmg is not going to plan.
bestdeal1
30/6/2017
10:53
well let's hope so - seems to have been a very long time!
youngbaz
30/6/2017
09:30
Yes. IPO if not today will be soon.
i like trees
30/6/2017
09:17
So - Q2 ends today!

Still all quiet on the Western front? Anyone heard anything further .... anywhere?

youngbaz
25/5/2017
15:54
Hopefully bestdeal this pans out like Echo energy.
pendooman
25/5/2017
14:50
check out the Glenwick company site M8, tells you there.

GWIK holders will get some I3 shares once they float, how many not known yet. GWIK looking to re float on AIM once the Cora gold deal is done. Slated for Q2

bestdeal1
23/5/2017
05:53
Hi, just wondering if anyone has heard or received anything about what will happen to our shares which we hold in GWIK, has anyone here know what is happening.
I thought we was going to get some shares in i3 and some in the Cora gold but nothing has been said.
There's no clear understanding once they came off Aim's

pendooman
10/5/2017
11:17
i3E floating this month
borisdog2
06/3/2017
12:41
where is i3 board? ive gone for i3 pre ipo direct, so wondered when it will list
currypasty
05/3/2017
21:59
A 50% discount to the i3 IPO price. Check the i3 board. Very experienced at running sucessful oil companies before the collapse in oil.
Any GWIK holder will make good profits from i3 and then there is a possible and now looking more likely RTO with another gold asset.

showme01
05/3/2017
13:57
I intend to hold mine as there is potentially more upside than downside given the negative aspects of the board.
red army
31/8/2016
06:20
RNS - WEll, today's the last day to bail out before suspension. I would expect to see the share price drop. And if they haven't managed a deal in 6 months it's delisting time.

And we all had such high hopes... I say, 'we', but as there hasn't been a post on here for a couple of weeks maybe I'm the only mug left still holding some shares!

soggy
18/8/2016
09:42
You've got a LONG way to go to reach Biggibbon and Belcourtoi's pumped up price again. Where are their promises and supposed Insider knowledge now, eh.
apfindley
17/8/2016
09:21
News on route. Strap in lads.

Mopped up at these prices.

Going to be blue

BOOOOM time

thisidentifiesme
12/8/2016
08:13
Good volume with large buys. Strong day ahead.
oilbuy
Chat Pages: 9  8  7  6  5  4  3  2  1

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