Hanover Cap Share Discussion Threads

[jay aitch] 01/11/2002 17:39

The Directors get richer while our investments disappear. These opeople should be held to account. It will be interesting to see what wages they have awarded themselves and how long do we have to wait before the delectible Ms Edelson becomes a Director. Another carve up and again with the full backing of the FSA!

Analysis of trades for the day show that the first 2 sells were 2k and 2.5k (shares not money) by MMs and 4 further sells for a total of 419 shares! End of day close was down 22%, yet there was a buy at 1230 (not shown on advfn but shown on iii and N-V) for 10,000 shares. 5,081 more buys and a drop. MM sells could have been to cover the 10k buy but MM to MM is not shown and I very much doubt if there is a shortage of shares in this stock.

If HAO is to retain any credibility then I believe that an RNS must be issued soon stating in detail as to whether HAO is already in talks with others on acquisitions, or I see this as another sub 1p in the very near future.

[split-s] 01/11/2002 09:35

Makes you laugh. Hanover formerly known as Tera formerly known as Oxygen. LOL. Yep, it's another slide down that long slippery slope. If my eyeballs were bleeding, I would not invest in this company. Although maybe the mining community will not be so forgiving. What with the 'Good old boys' directors. Classic Mason setup, when one company goes another appears.

[tiger1234] 01/11/2002 08:51

Does anybody else see this complex share restructuring as nothing more than giving the directors more of an opportunity to run the price down again to a level of sub 1p. It's easier to do it when your starting point is 14p than when it was at 0.14p. Has anybody managed to unravel how many shares we are left with post-consolidation (ord's and/or pref's). Also, when are details of these mining investments going to be announced?