Share Name Share Symbol Market Type Share ISIN Share Description
Strat Aero LSE:AERO London Ordinary Share GB00BQQPLG38 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.275p 0.25p 0.30p 0.275p 0.275p 0.275p 1,310,750.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Aerospace & Defence 0.3 -4.0 -4.3 - 1.06

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Trade Time Trade Price Trade Size Trade Value Trade Type
09/12/2016 12:59:520.25140,834352.09O
09/12/2016 11:45:420.27143,806394.75O
09/12/2016 11:41:080.2575,000187.50O
09/12/2016 11:20:130.25197,000492.50O
09/12/2016 10:59:120.25272,451681.13O
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Strat Aero (AERO) Top Chat Posts

DateSubject
09/12/2016
08:20
Strat Aero Daily Update: Strat Aero is listed in the Aerospace & Defence sector of the London Stock Exchange with ticker AERO. The last closing price for Strat Aero was 0.28p.
Strat Aero has a 4 week average price of 0.33p and a 12 week average price of 0.47p.
The 1 year high share price is 7p while the 1 year low share price is currently 0.20p.
There are currently 384,285,280 shares in issue and the average daily traded volume is 7,476,768 shares. The market capitalisation of Strat Aero is £1,056,784.52.
18/11/2016
17:24
bygdennis: I've decided to post both full versions, Easier to copy and show anywhere what you're up to, And other thing's, I've not decided yet! Andy18 Nov '16 - 11:05 - 3211 of 3211 0 0 bygdennis17 Nov '16 - 15:29 - 3203 of 3210 1 1 Hey Stig of the Dump, "and a placing that hasn't materialised yet that could be at a premium considering the progress made recently! It COULD be at a premium but I suspect it will be at a substantial discount, around 0.25p. "when so much has changed for the better?" What has "changed for the better exactly" Please list your points. "I wonder how many have followed your posts and lost because of your relentless posts", Errr, nobody, the share price is at an all time low, anyone that has sold has saved money! Why can't you understand this, it's a basic principal of investing! "On occasion some of your group have admitted they know little about Aero, what they have or what they do with it!" They "have" very little, and need a whole lot more (money) so I only need to understand accounting to realise what is going to happen here. You lack of understanding basic numbers is what got you into the mess you're now in! "How many do you think have taken what you say as real current information and lost on their investment"? Hopefully loads of people, because as the share price is at an all time low, those that did are better off than those that followed your pumping promotional postings! "how much do you think this has affected the share price and interest of investors". Zilch, it's the HS total fiasco and capitulation by the company coupled with the lack of funds requiring yet another placing that are the facts that deter new investors. Why buy today when tomorrow it may be cheaper? "Do you not think that now this Low share price has been achieved you should be more open and honest in your views and allow some of the positive news and progress" "achieved"? You make it sound like a victory for the company! And don't you mean ALL TIME LOW shareprice? " but what happened to honesty"? It's been here all along, only you can't see it because you seem to be part of the promotion here. "Your group have posted mostly in a very serious manner using made up charts and information", Made up charts? How do we do that then? LOL! You have actually accused people here of a criminal offence, so report us and let's see where it goes! I'm ready to hand myself in! LOL! "Do you have any answers"? Yes, mine are under yours in this post NOW ANDY YOUR EDITED COVER UP! Why call me a liar! Andy18 Nov '16 - 11:05 - 3211 of 3211 0 0 bygdennis17 Nov '16 - 15:29 - 3203 of 3210 1 1 Hey Stig of the Dump, "and a placing that hasn't materialised yet that could be at a premium considering the progress made recently! It COULD be at a premium but I suspect it will be at a substantial discount, around 0.25p. "when so much has changed for the better?" What has "changed for the better exactly" Please list your points. "I wonder how many have followed your posts and lost because of your relentless posts", Errr, nobody, the share price is at an all time low, anyone that has sold has saved money! Why can't you understand this, it's a basic principal of investing! "On occasion some of your group have admitted they know little about Aero, what they have or what they do with it!" They "have" very little, and need a whole lot more (money) so I only need to understand accounting to realise what is going to happen here. You lack of understanding basic numbers is what got you into the mess you're now in! "How many do you think have taken what you say as real current information and lost on their investment"? Hopefully loads of people, because as the share price is at an all time low, those that did are better off than those that followed your pumping promotional postings! "how much do you think this has affected the share price and interest of investors". Zilch, it's the HS total fiasco and capitulation by the company coupled with the lack of funds requiring yet another placing that are the facts that deter new investors. Why buy today when tomorrow it may be cheaper? "Do you not think that now this Low share price has been achieved you should be more open and honest in your views and allow some of the positive news and progress" "achieved"? You make it sound like a victory for the company! And don't you mean ALL TIME LOW shareprice? " but what happened to honesty"? It's been here all along, only you can't see it because you seem to be part of the promotion here. "Your group have posted mostly in a very serious manner using made up charts and information", Made up charts? How do we do that then? LOL! You have actually accused people here of a criminal offence, so report us and let's see where it goes! I'm ready to hand myself in! LOL! "Do you have any answers"? Yes, mine are under yours in this post! Andy18 Nov '16 - 11:05 - 3211 of 3217 0 0 bygdennis17 Nov '16 - 15:29 - 3203 of 3210 1 1 Hey Stig of the Dump, "and a placing that hasn't materialised yet that could be at a premium considering the progress made recently! It COULD be at a premium but I suspect it will be at a substantial discount, around 0.25p. "when so much has changed for the better?" What has "changed for the better exactly" Please list your points. "I wonder how many have followed your posts and lost because of your relentless posts", Errr, nobody, the share price is at an all time low, anyone that has sold has saved money! Why can't you understand this, it's a basic principal of investing! "On occasion some of your group have admitted they know little about Aero, what they have or what they do with it!" They "have" very little, and need a whole lot more (money) so I only need to understand accounting to realise what is going to happen here. You lack of understanding basic numbers is what got you into the mess you're now in! "How many do you think have taken what you say as real current information and lost on their investment"? EDIT Hopefully loads of people have SAVED losng money by following the realistic posters, because as the share price is at an all time low, those that did are better off than those that followed your pumping promotional postings! END of edit (To clarify meaning as it read wrongly before) "how much do you think this has affected the share price and interest of investors". Zilch, it's the HS total fiasco and capitulation by the company coupled with the lack of funds requiring yet another placing that are the facts that deter new investors. Why buy today when tomorrow it may be cheaper? "Do you not think that now this Low share price has been achieved you should be more open and honest in your views and allow some of the positive news and progress" "achieved"? You make it sound like a victory for the company! And don't you mean ALL TIME LOW shareprice? " but what happened to honesty"? It's been here all along, only you can't see it because you seem to be part of the promotion here. "Your group have posted mostly in a very serious manner using made up charts and information", Made up charts? How do we do that then? LOL! You have actually accused people here of a criminal offence, so report us and let's see where it goes! I'm ready to hand myself in! LOL! "Do you have any answers"? Yes, mine are under yours in this post! bygdennis18 Nov '16 - 07:23 - 3206 of 3210 1 0 Are you lot Serious? Yes, are you paid to promote AERO? All in order, As i keep saying you should be ashamed
18/11/2016
16:57
bygdennis: Andy, We'll see now what you'll say, I copied before you edited these comments out. "I wonder how many have followed your posts and lost because of your relentless posts", Errr, nobody, the share price is at an all time low, anyone that has sold has saved money! Why can't you understand this, it's a basic principal of investing! "How many do you think have taken what you say as real current information and lost on their investment"? Hopefully loads of people, because as the share price is at an all time low, those that did are better off than those that followed your pumping promotional postings "how much do you think this has affected the share price and interest of investors". Zilch, it's the HS total fiasco and capitulation by the company coupled with the lack of funds requiring yet another placing that are the facts that deter new investors. Why buy today when tomorrow it may be cheaper.......... Your Edited version, You cheap devious toady. "How many do you think have taken what you say as real current information and lost on their investment"? EDIT Hopefully loads of people have SAVED losng money by following the realistic posters, because as the share price is at an all time low, those that did are better off than those that followed your pumping promotional postings! END of edit (To clarify meaning as it read wrongly before) "how much do you think this has affected the share price and interest of investors". Zilch, it's the HS total fiasco and capitulation by the company coupled with the lack of funds requiring yet another placing that are the facts that deter new investors. Why buy today when tomorrow it may be cheaper?.# I keep telling you Andy, Check before you post and don't assume everyone is as stupid as you think. Bye Bye
17/11/2016
16:19
kemche: "Readers of these threads should be made aware of your non-stop rosy coverage on these BB's concerning Aero .Everything really to do with you overwriting with rose tinted goggles posts at any time and if what you have told us is true, which everyone doubts, that you have had shares here yet have maintain a majority by seemingly dubious means, hour by hour, 24/7 for over 9 months, since the changes in management were made. I wonder how many have followed your posts and lost because of your relentless positive and ludicrous posts, Many have been misleading, misinterpreted, Altered and wayward, On occasion some have suspected that you know little about investing, that your group have a possible ulterior motive in bolstering the Aero share price. Yet you give advice in a totally positive way ignoring, altering or covering negative news." yours truly, Flammable pants.
03/7/2016
15:44
timbo003: This year’s Strat Aero AGM was held at 10:00 on Thursday June 30th at Kerman & Co, 200 Strand, London WC2R 1DJ. There were around 15 attendees including myself and one (possibly two) other ordinary shareholders. An RNS had been released earlier in the day giving summary details of current trading and the forthcoming litigation proceedings. Thursday June 30th marked the 6 month deadline for holding both the AGM and for the release of the year end results. The notice of the AGM had been issued on June 6th (within the three week statutory notice period) but before the release of the final results. The final results were released at 14:00 (several hours after the AGM had finished). http://www.investegate.co.uk/strat-aero-plc--aero-/rns/final-results/201606301430558459C/ This unusual order of events meant that the directors were in a closed period for the AGM, so answers to many of the questions asked during the meeting were restricted to reiterations of statements contained within the RNS issued earlier in the day. The Chairman, Graham Peck (GP) opted to deal with the formalities first, the resolutions put to shareholders did not include a resolution to approve the accounts (see link below), although we were informed that this would be the subject of an additional general meeting which would be held towards the end of July. http://www.strat-aero.com/AGM%20Proxy%20June%202016.pdf I had two questions/requests during the resolutions: * I had to remind the chairman that it was necessary to disclose details of the proxy voting with each resolution; this was particularly relevant for this meeting as William Hulsey Smith (the counterparty in the forthcoming litigation) is a substantial shareholder in the company. There were no substantial votes opposing any of the resolutions (for example, for resolution 1 there were around 37M in favour and 5K against) which indicted that Hulsey Smith did not oppose any of the resolutions which included re-election of the Chairman and CEO. * When we reached resolutions 6 and 7 (to authorize the issue of shares and disapplication of exemption rights) I stated that ordinary shareholders were wary of excessive dilution at the current share price and asked what level of dilution would occur if the directors issued the maximum number of shares stipulated in these resolutions (I was fishing for a reaction). The response was they would have to check the exact number in issue but the maximum number of shares they could issue would be 250M (which would lead to a 100% dilution) the CEO then stated that they could not issue the shares below par (1p) anyway (the shares are currently quoted at 0.6 – 0.8p) which was one of the resposes I was hoping to hear, as it indicates to me that the BOD have no intention of issuing any shares until investor sentiment improves and the share price is considerably higher than it is now. If they were considering issuing shares at these sorts of levels they would need shareholders to approve a special resolution (at a general meeting) for a share reorganization to bring the par value of the shares to significantly below the current share price. There was no indication from any of the BOD that such an action was being contemplated. Following the formal part of the meeting we had around 30 minutes of Q&As during which time we were reminded several times that the directors were still in a closed period which restricted what they could disclose. Most of the questions were fielded by the CEO Iain McLure (IM), a brief summary of these Q&As follows (which is not a verbatim account): Q: This is the second year in a row that the accounts have been left until the last minute before the deadline, what is the reason this year? A: The auditor still needs to see copies of two documents currently held in the US, there have been difficulties (now resolved) locating these, they will be emailed over this morning at the start of business in the US. The last minute filing of accounts should not occur in future. Q: Has either William Hulsey Smith or Tony Dunleavy sold any of their shareholdings? A: To the best of our knowledge there has been no change in their shareholdings. Q: It is normal practice for shareholders to have the opportunity to ask questions on the accounts at the AGM, this clearly isn’t going to happen this year, when will they be given the chance to do so? A: We will arrange a GM to discuss and approve the accounts for the end of July. Q: The accounts when published will only give us numbers up to December 31st and there are no numbers in today’s trading statement, when can we expect to see more up to date meaningful trading information. You have talked about possible significant contracts for Geocurve in announcements earlier in the year, did they ever materialize? A: We are currently in a closed period, the interim results (6M ending June 30th) should be released in September (last year it was on Sept 24th). Q: Can we see something before then, what about a 3M trading statement? What about a trading statement to accompany the intended General Meeting in July? A: Yes, that should be possible, request noted. Q: The share price is rock bottom which makes private investors particularly nervous of dilution at lowly share price levels. Once out of a closed period it would be good to see some director buying and resumption of active PR including new broker notes to stimulate buying interest. A: Noted, the directors already hold substantial equity in the company, it is not in their interest to have a low share price, PR has been subdued recently for obvious reasons (note: I talked to St Brides PR after the meeting and exchanged a few thoughts on possible PR initiatives). Q; Is the impending litigation effecting customer orders, or term offered by suppliers? A: No, there has been no discernable effect. Q: The statement release today states that the litigation is arranged for October, can you be more specific? A: A specific day wasn’t specified by the court, instead they indicated a slot (around about October 6th). Q: Litigation is notoriously expensive in the US, there is legal expertise within the BOD, are you going for a DIY approach or are you hiring a US attorney? A: We have Texas based attorneys for the case. Q: What would you consider to be a best case and worst case outcome for the court case? A: Needless to say I didn’t get a straightforward answer to this question, but after going over the possible outcomes a number of times at the meeting, I was left with the impression that if the whole deal were to be rescinded, it would probably be considered a satisfactory outcome for both parties and I now consider this to be the most likely outcome (to be settled out of court before the hearing commences). Q: If the Aero Kinetic deal were to complete, under what are the terms for the conversion of the remaining promissory note? A: The ($385K) note converts at 6p (not at par, or at the prevailing share price) Q: What the terms for the final payment for Geocurve? A: This should complete within the next two weeks, the final payment (circa £1.1m) will be part shares and part equity (by mutual consent), the shares component can only be issued at 1p (par value) or greater. Given that Perron Bonner (one of the founders of Geocurve and now an operational director within Strat Aero) was present at the meeting and participating in amicable small talk before and after the meeting, I can only assume that terms are probably already agreed in principle and the deal will conclude as planned on mutually acceptable terms. The next (general) meeting to approve the accounts is intended to be held during July. I expect to see a trading statement to accompany the meeting, the directors will be outside of a closed period and so I will expect a more open discussion on current trading and the companies plans going forward at the meeting, I would also like some indication of whether the company anticipates raising funds in the coming months and if so for what purpose, also if there were to be a fund raising how much and by what means would it be conducted. If litigation proceedings are still pending, I suspect that we are unlikely to hear any meaningful update on progress in that respect, but I would like the company to address some of the points raised by Hulsey Smith in his open letter to the Chairman dated April 4th (see link below), particularly those that relate to corporate governance and potential conflicts of interest. http://www.aeroshareholder.com/shareholder-letters.html After some reflection, I am prepared to give the directors the benefit of doubt for now. The new CEO Ian McLure gives the impression that he is a safe pair of hands with a focused approach to maximize value from existing assets, the land grab, buy and build strategy of the previous CEO appears to have been consigned to history. I will review the situation again somewhat more critically when we have a better idea of current trading following the next general meeting planned for the end of July.
23/6/2016
16:59
hedgehog 100: Bygdennis, I second your emotions. AERO's full-year results will be out of the way within a week, and the company can then put it's challenging period behind it and move forward. I look forward to something similar to the period shortly following AERO's interim results last year: "Strat Aero’s new tailwinds Drones specialist soars on acquisition, CEO share purchase and strategy move 08 October 2015 A strategic acquisition, new chief executive and tighter business focus are reasons to stay positive on Strat Aero (AERO:AIM) at 8.38p. New boss Tony Dunleavy says the £7 million cap has a $200 million pipeline of contract opportunities and four more acquisition targets have been identified. The share price more than doubled last week to 9.38p after the drone specialist bought surveying business Geocurve and Dunleavy spent £19,495 on buying Strat Aero stock. …" HTTP://www.sharesmagazine.co.uk/article/strat-aeros-new-tailwinds A new Investor Presentation is also due, to include developments made since last year. AERO's October 2015 Investor Presentation stated that their goal was to become a $100M. company. hTTp://www.strat-aero.com/Investor%20Presentation%2006%2010%2015%20final.pdf "Published on 25 Nov 2015 25 November 2015: Strat Aero CEO Tony Dunleavy says that since his appointment in October he has acquired a company, undertaken a joint venture and brought others onto the board. He discusses his targets for revenue and the company’s share price. Tony explains that the aim of the company is to move into the civil drone space while driving further into military. He says that he is fully expeting the share price to follow the growth that he is forecasting over the next three years. Revenue is forecast to rise to $100mln in that period" https://www.youtube.com/watch?v=3kFTTQolCMw Previous targets and/or timescales will have changed, but I would still hope for something realistically ambitious.
08/6/2016
19:18
kemche: Hedgehog, As you know I am a bit slow in the head but are the following posts not by your good self? And if not was your account hacked? As you are aware I am trying to learn this investment lark from my betters and so am wondering how someone does an absolute volte face in a matter of six weeks? And how does one reconcile the following observation: "The company seems to have been burning through cash like a knife through hot butter, and now it has legal costs to cover as well ... which with lawyers tending to charge hundreds of pounds PER HOUR will mount up rapidly." with this: "A key to successful investing is to position yourself ahead of change before it happens." Does that mean I buy the shares before the inevitable fundraisings (yes, plural) as you quite rightly point out "burning through cash like a knife through hot butter" to position myself ahead of them? I am quite confused now. I know you have been more than gracious enough to answer my queries so far but this one has left me completely befuddled! Any help you can give me to better understand this conundrum will really help. Hedgehog 100 - 22 Apr 2016 - 16:45:24 - 1219 of 1579 AERO has now had FIVE placings in the last thirteen and a half months ... is this some sort of record, I wonder?! - 10/03/2015 07:04 UK Regulatory (RNS & others) Strat Aero PLC Raises GBP660,000 for UAV Opportunities "…it has raised GBP660,000, before expenses, through the issue of 7,333,334 new ordinary shares ('Placing Shares') at 9p per share ('the Placing')…." http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Raises-GBP660-000-for-UAV-Opportuni/65785085 15/10/2015 14:03 UK Regulatory (RNS & others) Strat Aero PLC Raised £1.28m to Support Integrated UAV Operations "…it has raised GBP1.28 million (before expenses) through the placing ('Placing') of 25,690,969 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 5p per ordinary share ('Placing Shares') with both new and existing shareholders. In addition, 25,690,969 warrants at a price of 8p per share with a term of 1 year are to be issued to subscribers of the Placing, subject to shareholder approval…" http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Raised-1-28m-to-Support-Integrated/68892346 11/12/2015 07:00 UK Regulatory (RNS & others) Strat Aero PLC Acquisition of Leading UAV Technology Company "…it has raised approximately GBP1.6 million (before expenses) through the placing ('Placing') of 25,344,000 new ordinary shares of 1p each ('Ordinary Shares') in the Company at a price of 6.25p per ordinary share ('Placing Shares') with both new and existing shareholders, largely to fund the Acquisition…" http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Acquisition-of-Leading-UAV-Technolo/69665824 12/04/2016 07:00 UKREG Strat Aero PLC Issue of Equity "…it has raised GBP400,000 (before expenses) through the placing ('Placing') of 35,555,556 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 1.125p per ordinary share ('Placing Shares') with both new and existing shareholders. In addition 8,000,000 warrants with a three year expiry and an exercise price of 1.125p have also been granted in connection with the Placing…" http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Issue-of-Equity/71078385 20/04/2016 09:31 UKREG Strat Aero PLC Issue of Equity & Notice of General Meeting "…it has raised a further GBP477,250 (before expenses) by way of an additional placing (Placing') of 42,422,222 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 1.125p per ordinary share ('Placing Shares') with existing shareholders. In addition 4,242,222 warrants with a three year expiry and an exercise price of 1.125p have also been granted in connection with the Placing…" http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Issue-of-Equity-Notice-of-General/71182094 All the placings were at significant discounts to the prevailing market case, and in the case of the 12th. April placing the share price also looked like it was 'walked down' very markedly in advance. The company seems to have been burning through cash like a knife through hot butter, and now it has legal costs to cover as well ... which with lawyers tending to charge hundreds of pounds PER HOUR will mount up rapidly. At this rate we can expect a few more placings before profitability is reached (assuming that happens).
16/5/2016
14:29
hedgehog 100: Pennyfalls 15 May'16 - 16:44 - 18 of 23 2 1 "Hedgehog - the share price was not "walked down" to fundraising levels - it plummeted on the news release about the Hulsey Smith, Aero Kinetics affair, and when Tony Dunleavy resigned. ..." PF, Did the AERO share price plummet 75% on Friday 1st. April, when news of the legal case and the CEO resignation was announced? No: it closed down just 0.5p, falling from 3.625p to 3.125p. The pattern until the 12th. April placing at 1.125p was then: Monday 4th. April, 2.625p, -0.5p. Tuesday 5th. April, 2.125p, -0.5p. Wednesday 6th. April, 2.0p, -0.125p. Thursday 7th. April, 1.875p, -0.125p. Friday 8th. April, 1.625p, -0.25p. Monday 11th. April, 1.375p, -0.25p. Tuesday 12th. April, 1.375p.
22/4/2016
15:45
hedgehog 100: AERO has now had FIVE placings in the last thirteen and a half months ... is this some sort of record, I wonder?! - 10/03/2015 07:04 UK Regulatory (RNS & others) Strat Aero PLC Raises GBP660,000 for UAV Opportunities "…it has raised GBP660,000, before expenses, through the issue of 7,333,334 new ordinary shares ('Placing Shares') at 9p per share ('the Placing')…." http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Raises-GBP660-000-for-UAV-Opportuni/65785085 15/10/2015 14:03 UK Regulatory (RNS & others) Strat Aero PLC Raised £1.28m to Support Integrated UAV Operations "…it has raised GBP1.28 million (before expenses) through the placing ('Placing') of 25,690,969 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 5p per ordinary share ('Placing Shares') with both new and existing shareholders. In addition, 25,690,969 warrants at a price of 8p per share with a term of 1 year are to be issued to subscribers of the Placing, subject to shareholder approval…" http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Raised-1-28m-to-Support-Integrated/68892346 11/12/2015 07:00 UK Regulatory (RNS & others) Strat Aero PLC Acquisition of Leading UAV Technology Company "…it has raised approximately GBP1.6 million (before expenses) through the placing ('Placing') of 25,344,000 new ordinary shares of 1p each ('Ordinary Shares') in the Company at a price of 6.25p per ordinary share ('Placing Shares') with both new and existing shareholders, largely to fund the Acquisition…" http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Acquisition-of-Leading-UAV-Technolo/69665824 12/04/2016 07:00 UKREG Strat Aero PLC Issue of Equity "…it has raised GBP400,000 (before expenses) through the placing ('Placing') of 35,555,556 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 1.125p per ordinary share ('Placing Shares') with both new and existing shareholders. In addition 8,000,000 warrants with a three year expiry and an exercise price of 1.125p have also been granted in connection with the Placing…" http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Issue-of-Equity/71078385 20/04/2016 09:31 UKREG Strat Aero PLC Issue of Equity & Notice of General Meeting "…it has raised a further GBP477,250 (before expenses) by way of an additional placing (Placing') of 42,422,222 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 1.125p per ordinary share ('Placing Shares') with existing shareholders. In addition 4,242,222 warrants with a three year expiry and an exercise price of 1.125p have also been granted in connection with the Placing…" http://uk.advfn.com/stock-market/london/strat-aero-AERO/share-news/Strat-Aero-PLC-Issue-of-Equity-Notice-of-General/71182094 All the placings were at significant discounts to the prevailing market case, and in the case of the 12th. April placing the share price also looked like it was 'walked down' very markedly in advance. The company seems to have been burning through cash like a knife through hot butter, and now it has legal costs to cover as well ... which with lawyers tending to charge hundreds of pounds PER HOUR will mount up rapidly. At this rate we can expect a few more placings before profitability is reached (assuming that happens).
30/12/2015
19:54
oilbuy:  Aero Kenetics.Warrants issuable to the Seller as follows:o A matching Warrant for 9.2 million Ordinary Shares at a strike price 110% of the Start Aero share price on the day of closing.o Warrants based on AK performance for 6 million Ordinary Shares:-- 2 million Warrants at 10p for achieving FAA Type Certification,-- 2 million Warrants at 20p for achieving sales of US$10 million,-- 2 million Warrants at 50p for achieving sales of US$30 million.
12/12/2015
09:35
oilbuy: o Warrants issuable to the Seller as follows:o A matching Warrant for 9.2 million Ordinary Shares at a strike price 110% of the Start Aero share price on the day of closing.o Warrants based on AK performance for 6 million Ordinary Shares:-- 2 million Warrants at 10p for achieving FAA Type Certification,-- 2 million Warrants at 20p for achieving sales of US$10 million,-- 2 million Warrants at 50p for achieving sales of US$30 million.
Strat Aero share price data is direct from the London Stock Exchange
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