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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Saltmark | SMK | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
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|---|---|---|---|---|
| 0.00 | 0.00% | - |
| Open Price | Low Price | High Price | Close Price | Previous Close |
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| Top Posts |
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Posted at 18/5/2021 12:08 by melloteam Just to let shareholders and prospective investors know that Samarkand and The Property Franchise Group PLC will be presenting at Mello Events webinar event on Monday 24th May at 6pm-9:30pm. There will also be special insights from Michael Taylor (@shiftingshares): Using technical analysis to find trades.There will be over 600 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions including the popular Mello BASH (Buy, Avoid, Sell or Hold). Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. |
Posted at 26/9/2003 10:21 by chicken I think it will once zyz starts to pull back investors will switch to smk |
Posted at 26/9/2003 09:23 by dell314 LOL!As further proof of the sort of "investor" that is buying these, 4 out of 6 buyers yesterday purchased stock in odd numbers. The circular makes it quite clear that your holding needs to be in multiples of 5000 or they will round down on the consolidation. Has anyone actually read the circular? Rgds dell |
Posted at 25/9/2003 21:20 by garden gnome double6 - no offence but how about reading the RNS again and amending your thread heading - this looks like a very viable business:This is taken from the RNS: The new business intends to acquire rare coins of fine quality, predominantly of UK or European origin, and over time develop a quality rare coin collection. The business can operate with low administrative costs which can be met through trading some of the collection to generate operating profits. Parts of the collection would be held as an investment over the long term or for a shorter period should a suitable offer be received. Interest income will be generated from cash reserves to further cover administrative costs. With no long-term debt in the Company, the rare coin collection will serve to provide the Company with a tangible asset backing. The directors and the proposed directors believe that the market for trading rare and antique coins is international, is significant in its size and that in terms of rare coins as a class of investment assets, it is a relatively untapped market in the UK. It is an alternative investment class to equities and property and thereby provides another form of diversification for investors. The increasing prominence of rare coins as an investment can be best illustrated by the recent auction of the Slaney collection of English coins which set a new world record for English silver coins at auction. Currently, there are very few UK quoted companies specialising in the niche business of trading and investing in rare and antique coins or other rare collectibles. The directors and proposed directors believe that investment interest in such coins has increased over recent years, partly as a result of traditional stock market investors seeking more diverse investment portfolios and partly due to other factors such as market conditions. In some cases this has led to quite significant gains in the value of private coin collections of high quality. The rare coin and collectibles market comprises a significant number of private or professional collectors, investors, dealers and auction houses. The directors and proposed directors believe that this fragmentation of the market provides an opportunity for the Company to establish a valuable collection in coins and possibly other collectibles, grow its trading and investing activity through purchasing individual coins or entire private collections, and potentially expand the operations of the Company by acquisitions in the sector. In addition to acquiring and trading individual rare coins, the Board may seek to acquire all or part of a particularly rare collection of coins if such collections become available to the market with a view to long term investment. The Company may also consider trading in other rare investments such as rare stamps, medals or postcards, although it intends to focus its activities on trading and investing in rare coins. Mr Goldbart has conditionally agreed to sell his entire private collection of fine quality, rare, antique coins to the Company upon the terms of the acquisition agreement. The consideration for this acquisition will be the allotment to Mr Goldbart of 860,869 new ordinary shares and will provide the Company with an initial portfolio of coins with which to begin trading. A valuation has been obtained from an independent specialist auctioneer and valuer, Dix Noonan Webb Limited, which demonstrates that Mr Goldbart's private coin collection has an open market value of #198,000. Dix Noonan Webb Limited's valuation report is included in the circular to shareholders. The Company may also consider acquiring a complementary coin dealing and/or specialist auctioneering business. However, there is resently no intention to enter into such a transaction. The directors believe that the success of the Company and the new business will depend to a high degree on the future performance of Mr Goldbart, Mr Loulakakis and the Directors. In an effort to conserve its cash reserves during the initial development of the new business, the Company proposes to supplement the remuneration of the directors and proposed directors for performing their respective non-executive or executive duties, as the case may be, by granting options to the directors and proposed directors over New Ordinary Shares. The proposed options would be exercisable at the placing price and for a period of 3 years from the second anniversary of the date of grant. Subject to the approval of the proposals at the EGM, the Company intends to grant the following options over New Ordinary Shares: Proposed number of New Ordinary Shares under option Ian Goldbart 359,602 Dimitri Loulakakis 154,115 Roger Newton 77,057 Jasper Allen 77,057 Kean McDonald 77,057 744,888 The reorganisation comprises two elements: * the consolidation of every 5,000 issued ordinary shares of 1p each into one ordinary share of #50; and * the sub-division of each ordinary share of #50 into 50 New Ordinary Shares of 1p each and one Deferred Share of #49.50. Saltmark intends to raise some 758,900 stg in a placing at 23 pence per share in order to fund the development of the new business. The proceeds from the placing, together with the company's existing cash reserves of approximately 140,000 stg, would provide total cash resources of approximately 899,000 stg to initiate trading and investing in rare coins. Coins are big business, big money is paid for them and big gains by holders, the reason for buying is an absolute expectation, initial collection bought and being held by SMK is £198k! With the money raised, options given to the Directors, I cannot see this as being a flash in the pan but a viable business, one with potential to become a leader in the UK market. Edited ........... I have spoken to several people today who have stated that they have bought into SMK, if they are truthful and I see no reason why not then their trades have not been declared. Is it possible for trades not to be shown on L2 and held over to the following day??? Tommorow could bring more buying, posibly with profits from ZYZ (some wanting to make it 3 out of 3 (CLS)), however, as in all dealings DYOR A snippet on coins and possible prices: |
Posted at 02/7/2003 15:35 by dell314 Insider - what I think doesn't matter. Unfortunately, the big crooks in the large financial institutions will carry on abusing the system but I think it's likely that the FSA will publicly take on a few soft targets. That means us, the retail investors.It's easier than challenging the big fish. Rgds dell |
Posted at 02/7/2003 15:21 by opthalmist What they should be doing is investigating and prosecuting the people behind the companies who pushed tech stocks to private investors at the top of the boom whilst advising their big boy clients to sell.Instead they go after the small investors who are trying to make back a bit of spare cash from the system. Pitiful. |
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