Subsea Resources Share Discussion Threads

[isis] 21/1/2008 16:45

The finances of this Company are atrocious and difficult to work out.
I reckon they have a Rights issue every six months and then bury it where no one not even them can find it!

[gengulphus] 21/1/2008 16:43

If there is a cash injection in the near future, it's near-guaranteed to be bad news for existing shareholders. Anyone injecting cash into a business is going to want to get a good bargain. When the business is one like Subsea's, in desperate need of cash, and the general market climate is as it is at present, with every lender hoarding cash, they're going to be able to drive a very hard bargain. So if it happens, expect existing shareholders to be diluted drastically.

If there isn't a cash injection in the near future, it's even worse news for existing shareholders...

Gengulphus

[captainfatcat] 21/1/2008 16:42

They do have a couple of big skips which might come in handy for all that wood. Shame its not closer to November the 5th make a great beach bomfire.

[karn evil 9] 21/1/2008 16:40

Certainly volsung ... but don't bother asking them how it works !!!

[volsung] 21/1/2008 16:38

I would like to find some treasure. Do you think they would sell me a map and maybe the diving thingy?

[cootuk] 21/1/2008 16:36

There's some wood on a beach they could go pick up....

[harki] 21/1/2008 16:25

very soon .cash injection.

[captainfatcat] 17/1/2008 17:18

Its a of case of no news is very bad news.

[nfranks] 17/1/2008 15:09

"The Directors are of the opinion that the Group will require debt, equity or an alternative source of financing within the first few weeks of Calendar 2008."

Where is the news then!!!!

[norm4n] 15/1/2008 08:12

Was that not an error on the home page?

[s_e] 15/1/2008 08:11

We are going up,is there news comming ..
False alarm,i think you were right about it being an error...

[captainfatcat] 13/1/2008 21:45

I was pondering the value of the JL

[isis] 11/1/2008 17:50

Looks like the end is nigh:-

SubSea Resources PLC
11 January 2008




SUBSEA RESOURCES PLC

DISCLOSURE OF INTERESTS IN SHARES


SubSea Resources PLC ('the Company') on 10 January 2008 received notice from
BlackRock Group of a change of interest in the shares of the Company.

Following sales of 13,242,945 ordinary 1p shares, BlackRock Group no longer
holds a notifiable interest in the issued ordinary share capital of the Company.



Contact:

Rod Venables, HB Corporate Tel: [phone]




This information is provided by RNS
The company news service from the London Stock Exchange

[exile] 09/1/2008 21:27

market maker2... spoke to the Chairman today.. The search vessel is in the docks. Time of year and all that. He did mention the need to raise funds though. I think what you are gambling on buying at these prices is the securing of new funding...if this is achieved the stock could triple very quickly.... if not, well I will leave that to you to work out.

[8trader] 09/1/2008 21:11

market maker2 !

We wont take your word for it because i know you are a pump and dumper.

[dtay0880] 09/1/2008 21:06

subsea, like their shipwrecks, is "subsea'ed".

[marwalker] 09/1/2008 20:38

Dear oh dear reality and fantasy are so difficult for some to differentiate between ... oh ,and I certainly don't take your word for it.

[market maker2] 09/1/2008 20:32

heard these guys have found a shallow treasure trove yet no rns ? dont take my word for it quizz the company.

[bjjackson] 09/1/2008 18:21

If only the all time low was 7p and if only today's price was 11.75p

[aquilla] 09/1/2008 17:42

To make £500k, assuming he bought at the all time low (7p) and sold at today's high (11.75p), all highly unlikely, he would have had to buy over 10 million shares. As there are only 175 million shares in issue that would mean he would have over 5% of the company. As there has been no rns (which is triggered after 3% of the company is bought by one individual), we can presume he is lying.

[aquilla] 09/1/2008 13:53

A classic example of william47's pump and dump technique was COMS.
On the 30th Nov he bought 238156 at 8.47am for 0.495p.
His first post was at 8.49am.
He sold 238156 at 12.53pm for 0.55p.
Since then the share price has gone nowhere.
His hallmark is block capitals....he has to shout to make himself heard.
Oh and he also posts under different names, to give himself more credibility.

[william47] 09/1/2008 13:46

LOSER TOPPING UP LATER OF MY 500 GRAND PROFIT OF EEL.WATCH THE MASTER

[william47] 09/1/2008 13:46

LOSER TOPPING UP LATER OF MY 500 GRAND PROFIT OF EEL.WATCH THE MASTER

[8trader] 09/1/2008 13:43

I can list over 50 stocks that have crashed since W47 pumped and
dumped them, NNG for starters !

He's not posting there after all the lies as normal.

A parasite, a con man, the lowest of the low.