Opera Inv Share Discussion Threads

[mikeh30] 24/9/2015 17:25

https://www.crunchbase.com/organization/solopower

[parisv] 24/9/2015 14:44

that's good to know. The RNS stated "which is expected to occur in late Q3 2015, or the Acquisition is terminated." So have been getting nervous!

[moreforus] 24/9/2015 14:12

thanks for the update....

fingers crossed

[spencertracy63] 24/9/2015 14:11

Spoke with a lovely guy from the company yesterday on the phone,all going well,legalities taking few weeks more than expected,acquisition still going ahead,news soon maybe next week😁£££

[mikeh30] 21/7/2015 12:03

""There has been significant volatility in the significant metal and energy prices in recent months. Concerns over global growth, currency fluctuations and the timing and impact of central bank intervention are amongst the many factors that have influenced the price and demand of such commodities. For example, the fall in the price of energy-related commodities has been particularly acute in recent months. In this light, the Directors believe that there are outstanding resource projects that have been unable to source the finance enabling them to be developed. Should underlying commodity levels reverse their recent declines and given that capital is presently scarce for such companies, the Directors believe that there is an opportunity for the suppliers of capital to offer funding solutions in these stressed circumstances. The Directors believe that the combination of circumstances related to current and prospective demand for commodities, and related commodity prices, and the expectation and activities of corporates and investors in the natural resources sector, together with the skills and strengths of the Board, will enable the Company to identify a suitable opportunity for the Acquisition to generate Shareholder value in the Company.""

[the stigologist] 21/7/2015 11:51

it is also a solar stock which is an oil alternative so with oil price collapsing makes the economic argument for solar worse

will not be surprised if this deal gets pulled as they put the Admission Document together and the Creditors come back wanting their money

[mikeh30] 21/7/2015 11:43

Stig it's not even that.They had 52.5k cash.They have reported it in dollars... And in millions.Doh

[the stigologist] 21/7/2015 11:43

Looks like a manufactured "overpriced" listing which will allow the vendors to start dumping straight away

For a recent example just look at ADSS

[mikeh30] 21/7/2015 11:42

I'd bloomin hope so.28p relist.Fundraising possibly at a premiumA dash of sentiment And stig slagging it off50p?

[the stigologist] 21/7/2015 11:42

that will be Gross Cash not Net Cash

Americans not too hot on the difference or just "economical with the actualite"

[moreforus] 21/7/2015 11:40

i think we'll make money from 10p.....don't you Mike....!

[mikeh30] 21/7/2015 11:39

Stig - what a well researched article that is with a statement like this:''Opera did have more in the bank than its market value would suggest. It disclosed $56.9 million in cash as of Jan. 31.''28p share value. That'll do ;)

[the stigologist] 20/7/2015 21:35

Does not look like a very good acquisition

being described as a 'struggling' Company which has previously defaulted on debts

if it was any good it would list on US markets they do have their own Capital Markets !

[moreforus] 20/7/2015 07:19

Amazing this never got above 11p without loads of sellers....

[moreforus] 20/7/2015 07:16

Boom ...

180% premium

leaves ACO and MITH as main market shells yet to RTO (or be suspended for naughtiness ).

[sos100] 20/7/2015 07:11

super news

The Acquisition

Following recent discussions, the Company has entered into non-binding heads of terms with Hudson for the acquisition of SoloPower for a consideration of US$220 million (the "Acquisition"). The heads of terms provide that the Acquisition will be satisfied by the issuance of new ordinary shares of GBP0.01 each in Opera ("Opera Shares") to Hudson at a price of GBP0.28 per Opera Share, valuing the existing issued share capital of Opera at GBP4.8 million. In addition, it is envisaged that, in conjunction with completion of the Acquisition, there will be an equity financing raising net proceeds of not less than US$40 million to fund certain future investment and working capital requirements of SoloPower.

[andysaw] 01/7/2015 09:03

Agree.. Good entry price and potential for multibag like CHAL, HNR.... IMO

[andrbea] 29/6/2015 15:55

with chal suspended til end of the summer, and hnr suspended too, all the punters following those will be in opra too I reckon (in increasing numbers)

[mick113] 08/6/2015 19:59

Very cheap this should get some news very soon!

[mick113] 31/5/2015 21:36

Guys we should get some news here, with limited free float can see this at 15p on little volume in the short term. Dyor

[hedgehog 100] 07/5/2015 21:11

Please note the following thread which may be of interest:

"THE REVERSE TAKEOVERS & SHELLS THREAD (RTO)"

[asturius101] 30/4/2015 12:33

Lol still have over half my original holding in NCT at around .11p waiting for at least a triple bag there. Was caught out by the massive volume, have to say. But here at opra I see 7-9p as a good entry aimho

[sos100] 30/4/2015 09:06

you might have your own entry and exit points ,it don't mean that's what going to happen...

as your well aware from NCT ;)