Abal Share Discussion Threads

[stark industries] 01/5/2019 09:42

Yes,I have been in communication with a board member and if you read between the lines of the 1st April RNS you will get an idea of them already having a target in mind The Company continues discussions with an identified candidate who is currently the subject of the customary due diligence investigations of the Company's nominated adviser. A further announcement will be made when appropriate.

[yorgi] 01/5/2019 09:38

Stark Industries are you referring to the RNS on 1st of April ?

[still waiting] 01/5/2019 09:28

pressure building nicely again.

[stark industries] 01/5/2019 09:27

It will definatley be a reverse See previous RNS " a reverse target has been identified"Due diligence has taken a tad longer.News of target and new board of directors soon

[yorgi] 01/5/2019 09:18

Will it be reverse takeover or will they use the money in the bank to invest in a opportunity needing cash to grow.

[still waiting] 01/5/2019 09:17

yes, larger blocks..

[yorgi] 01/5/2019 09:13

There were and still some decent buys today.

[still waiting] 01/5/2019 09:10

very interesting..

we did have some huge buys yesterday remember..

[kcowe] 01/5/2019 08:32

ok interesting .. still massively overbought on the daily, will have to consolidate a few days before a move forward

[pilkersa] 01/5/2019 08:28

All rumours but vin murria possibly buying through peel and hunt....

[kcowe] 01/5/2019 08:27

If Billionaire?

[still waiting] 01/5/2019 08:24

Buyers back in.

[pilkersa] 01/5/2019 08:23

Topped up again... If billionaire is coming aboard this will get interesting....

[kcowe] 01/5/2019 08:22

Have to admit... some chunky purchases yesterday above a penny . may be this was not just a twitter pump and dump ?

[still waiting] 01/5/2019 08:05

A
B
A
L

Solve the acronym.

[king 786] 30/4/2019 20:31

Peel hunt holding 17.02% in April
:-)

[hope67] 30/4/2019 19:47

So suspension in August if they haven't rtod or become an investing company. they then have another 6 months before being delisted.

[hope67] 30/4/2019 19:44

Barnpeter well done on your profits but trying to deramp for a cheaper entry is not on.
Unless of course you can not read which I am sure you can.

Completion of disposal of business and assets and change of name

The Board of Imaginatik plc is pleased to announce that the disposal of the Company's trade and assets to Planbox Inc. (the "Disposal"), which was approved by shareholders at the General Meeting held on 28 January 2019, has now completed.

AIM Rule 15 cash shell

The Company is categorised by AIM as an AIM Rule 15 cash shell and as such will be required to make an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission as an investing company (as defined under the AIM Rules)) on or before the date falling six months from completion of the Disposal

or be re-admitted to trading on AIM as an investing company under the AIM Rules (which requires the raising of at least £6 million) failing which, the Company's Ordinary Shares would then be suspended from trading on AIM pursuant to AIM Rule 40. Admission to trading on AIM would be cancelled six months from the date of suspension should the reason for the suspension not have been rectified. Any failure therefore in completing an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission as an investing company (as defined under the AIM Rules)) will result in the cancellation of the Company's Ordinary Shares from trading on AIM.

[still waiting] 30/4/2019 18:35

BP, you said yourself you've sold, don't look back in anger if you've left some for the next man.

[king 786] 30/4/2019 18:12

Peel hunt were out
Then back in
Followed by increase in stake
If I read correctly earlier

[stark industries] 30/4/2019 17:39

Clue 1 Peel Hunt increasing their holding Good luck and I hope your research pays you off

[stark industries] 30/4/2019 17:35

Barnet peter we all appreciate your nuggets of wisdom.Let's see what's happens in the not so distant.Just REM there are some big investors in here who are closer to the action than you think.;-)Good luck with your profit and advice

[barnetpeter] 30/4/2019 17:17

Excellent day for me here. Just be careful of the ramping crew if you are a novice.....this gets delisted first week of august and will need a reverse. Punting is fine but long term this is gone unless it has a target because 12 weeks are usually needed to announce a new business and comply with the Aim rules. Can be done in a shorter timescale but costs then start to go up.