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OKG Oakgate

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Oakgate LSE:OKG London Ordinary Share GB0031738247 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
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
- 0 GBX

Oakgate (OKG) Latest News

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Oakgate (OKG) Discussions and Chat

Oakgate Forums and Chat

Date Time Title Posts
05/4/200523:41OAKGATE (fomerly PME) - Heading towards Ј11,476

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Oakgate (OKG) Top Chat Posts

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Posted at 05/4/2005 13:54 by celtic ii
OKG = RIP

But many thanks for allowing me the opportunity to get my original PME investment back. Much appreciated. At one point I was sure it was a complete write off.
Posted at 01/4/2005 16:32 by uppompeii
Great idea for a new header for the thread !!!!

ADORIAN (formerly OAKGATE) OAKGATE(fomerly PME) - Heading towards £1 (ADP formerly OKG formerly PME)
Posted at 31/3/2005 19:07 by sharebuff
An extract from iii on cash shells (generally cautious but narrative below highlights recent success stories)............

"One attraction of shells used to be that companies could come to the market via a reverse takeover by a shell with the minimum amount of scrutiny of their business. That is really no longer the case. Listing rules now require full prospectus type documents for anything smacking of a reverse takeover.

Having said all that, recent shell deals have provided something of a bonanza for shareholders. Zetar raised money in January 2005 at 100p, recently completed a reverse takeover, and currently stands at 305p. Augean floated at 125p in September 2004, and acquired two hazardous waste businesses in December. Its shares are currently 268p. Vert-eco, which floated at 5p in August has now changed its name to Hydro-Tec after acquiring an Australian environmental business, and currently stands at 27p."


OKG is effectively dormant right now, its not making money for anyone. The name change is a precursor to something, maybe an aquisition/reverse takeover linked to a change in the share capital base. Its been a long time coming but should be worth the wait.
Posted at 31/3/2005 07:52 by sharebuff
bishopawn - 35,000 at 25p guilty, it was me !. Yes, over the offer price I know but my rationale is simple:

The guys running OKG have track records and if anyone can 'relaunch' OKG into a highly profitable enterprise then they can. As a shell OKG also appeals as having a low share capital base and low market cap - ripe for mainpulation !. True, I could have bought in sub-20p a few months ago but I wanted the certainty of progress and not money tied up for years in a dormant shell. Now it seems the wheels are begining to turn. I'm not a long term holder but am taking a six month view and expect a minimum of 40p equivalent.

You might be interested to know that my broker described OKG as 'illiquid' and the initial MM quote was at 30p for 35,000. I declined this and got 25p through persistance.

keep up the research folks.
Posted at 29/3/2005 10:31 by rosco46
OKG up 6p on my monitor can anyone confirm this?
Posted at 27/3/2005 00:08 by bishopawn
Is it mere coincidence?
CVA consolidation: 480 shares to 1 Oakgate (to be shortly Adorian)
Enlarged share capital proposed: 480 million shares.

Presumably,the major creditors (Maurice Gould, Rochvilliers, VTR Media Investments, Carlton Finance) at the time of the CVA must have been persuaded that such a drastic reduction in the number of their shares in Primeent from 480 to only 1 might still bring them to par or close enough at some future point with the right acquisition delivered by Leo Knifton's and his associates' expertise. In January 2004, Oakgate came back at about 10 pence, if I remember rightly, which was between 5 and 10 times what the old Primeent shares were worth at the time of suspension pending the CVA. If we could get a share price for Adorian six months after a deal is announced up to £4 that would bring us pretty close tor recouping our losses on Primeent. Futuragene got to £2 and I do believe that Xerius Ltd will want to beat that achievement with Adorian.

All IMHO. DYOR.

May be Celtic will be proved right and we will have shortly a suspension and the announcement of the details of the acquisition. ADORIAN........ what business fits that??
Posted at 17/3/2005 02:00 by leadersoffice
Well if they've decided on a name then Leo & the gang certaintly know what type of company they are going to reverse Adorian PLC in2.
I assume this is a postive step towards a new future!
News did come in the final half hour of trading...would expect some slight movement in the share price based on the above.
Hello Adorian...goodbye Oakgate
Posted at 07/2/2005 14:14 by sandbank
Congratulations to Harry Punter who's taken a bit of stick for his forecasting on this thread. His WSW (Wilshaw) tip is looking good today. Hope it's OKG next Harry . Don't know whether I quite understand BISHOPAWN'S enigmatic post 1293. What does 9/12 mean Bish? Is that the odds on OKG?
Posted at 16/12/2004 14:57 by sandbank
Impreessive performance today by OKG I think. The share price has held rock-steady despite one weak holder disposing of a massive 19 shares.
Posted at 27/7/2004 18:01 by mangal
Infinity,
Yes, I agree it's a long way to go before the PME holders break-even but I think what tends to happen is that holders get so fed up that they will take any opportunity to get out, which I guess most did when PME was requoted as OKG and when OKG price "rocketed" soon after. However, I do agree that most PME holdings got diluted so much that they are unlikely to have any significant impact on OKG price.
Oakgate share price data is direct from the London Stock Exchange

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