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GWIK Glenwick

0.06
0.00 (0.00%)
Last Updated: 01:00:00
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 Shares Traded Last Trade
  0.00 0.00% 0.06 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.06 GBX

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Glenwick (GWIK) Discussions and Chat

Glenwick Forums and Chat

Date Time Title Posts
01/6/201819:43GWIK: New clean shell 210

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Glenwick (GWIK) Most Recent Trades

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Glenwick (GWIK) Top Chat Posts

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Posted at 01/6/2018 19:43 by mikeysteven
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?
Posted at 01/6/2018 07:11 by showme01
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.
Posted at 09/1/2018 20:58 by showme01
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.
Posted at 09/1/2018 19:13 by glavey
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.
Posted at 04/9/2017 14:27 by andrbea
basic entitlement & excess option ongoing (open offer) on gwik shares, closing date Sept 11
Posted at 05/7/2017 22:32 by showme01
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.
Posted at 25/5/2017 15:50 by bestdeal1
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
Posted at 23/5/2017 06:53 by pendooman
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
Posted at 05/3/2017 21:59 by showme01
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.
Posted at 18/8/2016 10:42 by apfindley
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.
Glenwick share price data is direct from the London Stock Exchange

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