Infinity Eng. Takeover Rumours (INFT)

Infinity Eng. Chart

Infinity Eng. Takeover Price

Infinity Eng. Takeover Forum Posts

04-10-2017
Just hold the number of shares that you can afford to be suspended. It could be weeks or months. As a consequence of this Board decision, the Company has now become an AIM Rule 15 cash shell, which means that the Company must make an acquisition or acquisitions which constitute a reverse takeover under Rule 14 of the AIM Rules by 12 October 2017, otherwise the trading of the Company's shares on AIM will be suspended.
29-09-2017
Suspension only applies when no transaction by 12th October! News re reverse takeover next week imho dyor! Another 70% next week!!
There isn't really a roof on this stock. Potential in the sector is very high and any reverse takeover is likely to be highly geared.
Reverse takeover. By mid Oct. Newco? Lol
reverse takeover coming, holdings news, boom boom time
23-09-2017
As a consequence of this Board decision, the Company has now become an AIM Rule 15 cash shell, which means that the Company must make an acquisition or acquisitions which constitute a reverse takeover under Rule 14 of the AIM Rules by 12 October 2017, otherwise the trading of the Company’s shares on AIM will be suspended. 19 days left or just 14 trading days. Are the directors much bothered by this though? They have until April 11th 2018 before their AIM membership ceases. Unless you know better?
16-09-2017
As most know, less than 4 weeks to go for INFT to announce a reverse takeover bid. Either way, the shares will either be suspended waiting on the finalisation of a reverse takeover or will become a private public company if no reverse takeover is announced. There is a lot of negativity about becoming a private company but not all fade away. Even Norseman Gold PLC formerly AIM:NGL ASX:NGX look like coming back from the dead after 4 years in the wilderness on the sale of their mining assets. The gamble looks fine at 0.11p to 0.125p. Could eventually be worth zero though that is fairly unlikely. Could also be be worth 0.2p to 0.5p on a good move. There are many assets needing cash, that is impossible to get, that INFT could supply.
04-08-2017
The market realises that INFT has not that much cash available to buy into any oil or gas interest. Let alone put up further cash in stages. Therefore lots of shares are likely to be issued to cover part of the cost of a reverse takeover, and an additional placing. The plus side is that a company gets a market quote in a reverse takeover situation.
17-07-2017
Everything is on the reverse takeover move. May be a few months before news arrives.
25-06-2017
As a reminder: The Company has now become an AIM Rule 15 cash shell, which means that the Company must make an acquisition or acquisitions which constitute a reverse takeover under Rule 14 of the AIM Rules by 12 October 2017, otherwise the trading of the Company's shares on AIM will be suspended.
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:42 V: D:20171217 08:17:47