Glenwick Share Discussion Threads

[chinahere] 03/12/2015 09:35

Info on this company is hard to find from the usual sites.

Where can we find out how much cash have they got and at what rate they are burning it etc.?

[tidy 2] 02/12/2015 08:32

All buys today.

[tidy 2] 02/12/2015 08:30

@efebrume: #GWIK is cashed up to make acquisition and do a nice deal.

[eyesright] 01/12/2015 23:33

Stallion Resources is not suspended; it is cancelled. It is a dead parrot, having not completed a deal in the prescribed time. The only things it has compared to a newly registered company are a shareholder register and a trading history. It would need to start from the very beginning on AIM admission.

[tidy 2] 01/12/2015 21:44

Stallion Resources plcThis is suspended any idea why? Considering buying here due to the CEB connection but Stallion Resources plc is also suspended stock along with CEB. Ok we know why CEB is suspended etc

[colin12345678] 01/12/2015 12:28

BUYING SWITCHED ON

[colin12345678] 01/12/2015 09:47

Thankyou for that Arlington yep it is important

[arlington chetwynd talbot] 01/12/2015 09:45

Oh it's simply the rules matey, think he/you missed this bit out;

The Company would need to make an acquisition or acquisitions which constitute a reverse takeover under Rule 14 of the AIM rules within 12 months from 3 September 2015 in order to avoid suspension of its ordinary shares from trading on AIM. If the Company remained suspended for a further six months from that date then trading in the Company's Ordinary Shares on AIM would be cancelled

[colin12345678] 01/12/2015 09:16

Looks interesting hard to buy as not on many platforms at the moment but a lot of talk on twitter

camkite( you know how good this guy is) has got it on his blog here

Disclaimer: Up and till now i have been pretty hesitant on writing or speculating on TRV or the as of tomorrow GWIK - I purchased a small amount back in early November and since the investment policy came out on the 25th (which is to be agreed on the 18th at an EGM) have felt a little safer in the small amount I originally purchased.

Following today's CRV disaster and knowing the name change and restructuring was taking place tomorrow.. Purchased a sizeable chunk more and it would seem lots of others did too.. Why ?

GWIK - Glenwick

The investing policy which they are submitting for approval on the 18th of December has 2 points of interest -

“The Company's investing policy will solely be to make an acquisition or acquisitions which constitute a reverse takeover under rule 14 of the AIM rules for Companies. As such it will not make any investments that constitute a minority stake in a company. Any transaction constituting a reverse takeover will also require shareholder approval.” -

“The Company will seek to acquire companies within the natural resources sector. Initially the geographical focus will be Australasia and North America”

Note: I have taken 2 points from within the policy, there is far more to be read for those interested in doing their own research!

So what we do know - the company’s main objective is to RTO into a whole company or asset, given they are setting themselves pretty stringent rules within the investment policy, it’s possible they already know what they are targeting...?

What I have asked myself is why would a company set strict rules within the policy if they were open to various idea’s…? any change in investment strategy would require another EGM…. just doesn’t make sense.

Now if we take into context the fact Cameron Pearce was assigned to the board on the 29th October, there was a small placing at a slight discount to the market valuation so far, it comes across text book to how CEB played out.

I was suggested to buy CEB by DocHoliday at 0.19... Ignored his advice, this time tipped off by someone else wasn’t going to make the same mistake twice.

I’m already long - looking forward to seeing what they have in store.

Speculative Buy.

[colin12345678] 01/12/2015 09:14

Name change and total voting rights
Mon, 30th Nov 2015 17:07

RNS Number : 4526H
Treveria PLC
30 November 2015


30 November 2015

Treveria plc (the "Company")



Name change and total voting rights



Name change

Treveria plc (AIM: TRV) is pleased to announce that, further to its announcement of 25 November 2015, the Company has changed its name to Glenwick plc. The Ordinary shares in the Company of nil par value each (the "Ordinary Shares") will trade under the new name (AIM:GWIK) with effect from 8.00 a.m. on 1 December 2015.



Also with effect from 8.00 a.m. on 1 December 2015, the trading denomination of the Ordinary Shares will change from Euro to GBX, being pence sterling.



Consequent to the name change, the website address of the Company will change to www.glenwickplc.com.



Total voting rights

In accordance with the FCA's Disclosure and Transparency Rules, the Company announces that, as at 30 November 2015, the Company's issued share capital consists of 1,125,911,549 Ordinary Shares with one voting right per share. Therefore the total number of voting rights in the Company is 1,125,911,549.



The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.