Share Name Share Symbol Market Type Share ISIN Share Description
Alecto Min LSE:ALO London Ordinary Share GB00B5SCHP68 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.06625 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial -4.34 -0.18 4
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.06625 GBX

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la forge: Bouygues SA (EN.FR) said Thursday that it has completed the sale of its 13% stake in Alstom SA (ALO.FR) for 37 euros ($40.78) a share, or a total amount of EUR1.08 billion. The French telecommunications company said that following the sale it still remains Alstom's main shareholder with a 14.7% stake. "Bouygues undertakes with the banks in charge of the placement to a 180-day lock up for its remaining Alstom shares, subject to customary exceptions," Bouygues said. Write to Olivia Bugault at (END) Dow Jones Newswires September 12, 2019 02:49 ET (06:49 GMT)
the grumpy old men: Alstom SA (ALO.FR) said Friday that it has reached an agreement to supply new metro trains to Hamburger Hochbahn AG as part of a consortium with Bombardier Transportation. The French train maker said the consortium will supply 32 additional DT5 metro trains to Hochbahn, the operator of Hamburg's subway systems, for a total amount of 186 million euros ($211.4 million). Alstom's share of the contract amounts to more than EUR100 million, it said. Under the contract, Alstom will supply the mechanical part, bogies and mechanical braking system, while Bombardier will supply the electrical equipment, driving system, passenger information system and vehicle control system. The new trains will be assembled at Alstom's site in Salzgitter, Germany, and are slated to be put into service from January 2021 onward. Write to Patrick Costello at (END) Dow Jones Newswires June 28, 2019 03:15 ET (07:15 GMT)
paleje: Video int with Paternoster PRS, an investor in ALO, in which the director refers to ALO suspension and reincarnation as a great investment turnaround. I don't know the ins and outs, I didn't get the mins but probably about half way.
kimboy2: It is opening up today under CRA. The valuation price is 20p or so but no doubt any holders will find out shortly. IMV management have done an outstanding job. Whether the original ALO shareholders will actually benefit is another question.
1rodson: I see this Geology Student thingy is still spilling its bile on LSE. after being exposed for posting false info I wonder why LSE still allows it to post. Ah well, I guess its the case of the inevitable hidden agenda. My view is, and always has been that ALO even in Its cradle won't get a UK listing...just sit back and watch. meanwhile, there are some more comic cuts from Geology. GeologyStudent Posts: 1,154 Off Topic Opinion: No Opinion Price: 0.00 Hmmm....Today 12:15I suspect there will be a 2 week Open Offer period in which shareholders can subscribe for additional shares. Thereafter, we will list on the AIM. My bet is on mid-Jan.
1rodson: SORRY BUT IT GETS MORE PATHETIC EACH DAY. I just had a look in on only to find its as dead there as the share price. Could be there is now no more dissolution, just the stark reality that all is lost. Well from the punters' point of view, of course, the board of directors are still getting paid.
1rodson: last day before the day of dashed-dreams. I trust there will be some nice kind guy outside the meeting office with boxes of tissues to hand around! The shareholders' meeting is being hailed as some kind of Chrismas package with many a nieve punter speculating how much more value they will be granted in the newly consolidated share price THESE GUYS MUST BE REALLY CRACKERS! AND THAT WILL BE THE CLOSEST THEY WILL GET TO CHRISTMAS AT THIS TIME. But the one thing I will wager is that when all is said and done CHRISTMAS CRACKERS usually go off with a bang and a bang there will be as shareholders let loose their outrage over being well and truly "TurkEyed" as in being well and truly stuffed! But there were some out there wise enough to know what was coming. hxxps:// Even a little lady and her pals in a morning coffee shop so I understand. I am not an expert on these small cap goldies, but I love following the careers of those CEOs who make a mint ......OUT OF PRODUCING NOTHING BUT EVER INCREASING CALLS FOR MORE AND MORE CASH AND IT BEATS ME HOW THEY ALWAYS MANAGE TO FIND PEOPLE TO CONTINUALLY FALL FOR IT AND THE BROKERS TO HELP THEM DO IT........................FOR A FAT FEE OF COURSE! anyway not long to wait now.
red rook: 1rodson, I think you meant to write ' his word does not go very far'... Regarding 'shareholders will be stung here!' We will have to see what transpires in the coming days/weeks. I think it is a good policy to be distrustful of all BODs on AIM, but in the end it isn't about trust or hope or even prayer, its about making a judgment call based on the risks versus the rewards. IMO the potential rewards here outweigh the risks. Although I do not think shareholders will be stung, I do think that shareholders have certainly been 'strung along' by MJ for the last year. However, for Aim this is not unusual. To be fair to MJ, if you are trying to get a small cap AIM miner, in this financial climate, to the next level it requires some 'creative' foot-work! I think that his attempt to achieve this with the reverse takeover of Mowana has been bold. The suspension and delays are not necessarily bad here if it allows MJ to get things aligned for the re-admission without the shareprice being played with by MMs, and since it will mean that they should be further along the production curve at Mowana. Going forward, I would like MJ to become more visible and proactive by organizing a series to analyst presentations and video updates to introduce the new ALO to the markets ahead of the relaunch. I also think that soon after he will be able to announce progress on Matala. As I understand it, the Chinese funding for Matala was available dependent on the necessary loan guaranties. The door to this financing should have certainly improved post Mowana. Also, in August the quarterlies for Rangold will be published and the JV progress in Mali and elsewhere. If MJ can get a series of good RNSs out, which he should be able to, then I think that ALO will have been a good judgment call. Regards
danielmiller1: Dan here suckers with probably my last post. I am now officially Cuban resident Thank God. The moment I stepped ashore I felt like I was coming home. I have a great flat and '59 Caddy life could not be better. I really feel for you suckers in the UK. But you too cane get out iof you want. I SOLD THESE SHARES FOR ALMOST A DOUBLE SOME MONTHS BACK AS I WAS GOING TO BE AT SEA AND GRATEFULLY AWAY FOR WHAT YOU PLODS CALL CIVILISATION. I was really keen on ALO as a long term play but needed the readies. Before going on please member that this thread was closed down because I defended ALO against all comers. Now I hate to admit this as these guys are real mean slobs but both Kimboy and S7 were dead right about this share. I doubt if they will admit that I was right along along about GDP and Mortitz thou but it does not matter even though it will still take years to get back to 10p. ALO has been leading you guys on. No need to come screaming back at me as I will not be here to reply, besides I dont need to now. You have all been led a merry old dance over financing as it just aint gonna happen. Who in their right mind would lend this opportunistic bunch of chancers money. What track record have they got other cash calls, cash burns, and empty promises. Just try and look at it from a dispassionate disposition. Anyone who knows financing will know the first thing on the table has to be the accounts history. With the accounts of ALO to go bye, ie loss on loss on loss year on year on year the only place any decent bank would send them is to dig out a landfill site let along a gold mine. And Talking Gold mines, what is their experience, about nil check the track record of the Board yourself they come and go with the losses. Do you serious this that the Chinese government would bank these chances...not a hope in hell. Make some enquiries in SA, ALL THESE GUYS, PENMIN DIGMIN AND THE REST ARE ALL TOO CLOSE FOR OPENNESS. I think Mr Jones is listed as a Penmin or Digmin employee not to sure which one but check it out yourselves. Look at the holdings in ALO, warrants, options, differed shares etc, imagine how that looks on a balance sheet. The Chinese recycle enough of our rubbish without this lot and believe me from what I can gather ALO has not a chance in hell of getting financing approved from the source that they claim Go back here to Kimboy's Post he had it sussed right enough at the time I was a third up and too blinded by more potential profit to see it. So I argued with him and S7. I was wrong. Now, from two reliable sources I know that ALO are in trouble over money and keeping to their schedule. Dont take my word for it, dont take my word for anything just lets things naturally unfold if you wish. But form what I can gather its going down big time. I dont pay any attention to rumours neither should you but how would you feel if there was talk that ALO had paid rampers on financial BBs actively getting those posters who oppose their views kick off. I WOULD SAY THATS IMPOSSIBLE AND I DO NOT BELIEVE IT! But check around and see for yourselves. I have had a guts-full of deceptiveness. I look at the UK news and I feel sick honestly sick I am here for two more days to finalise the sale of all in Blackpool and thats it the last you will hear of Dan, Between NZ and Cuba my life is full and full of joy. Look guys I actually posted this carp and I am so sorry Had I have know then what I now know I would never in a million years have posted this. DanielMiller126 Jul '16 - 20:35 - 2915 of 2935 0 0 Edit The key here is the financing. I am always touchy when idiots post their biased rubbishy tying to balance my comments on their dawg investments against this superb opportunity for shareholders. The fact here is so you can see how many placings have occurred since they have been discussing finalising financing here. They keep saying financing is coming but ts been coming here for a long time and all shareholders have is dilution, more dilution and even more and believe me if financing does not come expect even more dilution! ThjeN what happens if they dont get enough to develop the bet even more dilution, it will be diluted all to hell and as Kimboys says nowt left for the check this and ask how close is close? RNS 30th September (interims) 'We are close to securing vendor finance. I the world of financial dealing that statement means weeks a couple of them. Thats what is means in banking terms. Besides in the real world you just dont put out statements like that! You see suckers "The last Placing Shares of shares represented, in aggregate, approximately 15.17 per cent. of the Company's enlarged issued share capital. Then there are Warrants to subscribe for 40,000,000 new Ordinary Shares at the Placing Price, exercisable within 5 years from the date of Admission, these have been issued to Beaufort Securities in connection with the Placing. is it any wonder that they have a target share price of 0.31p Wise up guys! And finally this is what they said. "We are making steady progress towards the conclusion of a funding package for the Matala gold mine. We have every confidence that we will complete this financing and bring Matala into production in 2017, however, we are obliged to progress at the speed dictated by our counter parties and other external factors. The current fundraising will strengthen Alecto's position and enable us to complete essential pre-development activities on the ground in Zambia on a timeline within our control. "We will be providing a full operational update in the Chairman's statement within the interim accounts so that our stakeholders can see the progress made on the ground, not only in Zambia, but across our portfolio." What progress is that???????? To be safe I would be asking for another wont get one though as they have nowt to say! EXCEPT THAT IS MORE CASH PLEASE SUCKERS!
billthebank: ave to say Dan I have noticed the activity is once again picking up on share volumes being traded and I believe that this will increase next week. I reckon that now the placing is out of the way albeit at a disappointing 0.08p all should be well Waiting for news re Kossanto. So pleased unlike some that we have a jv with Randgold. I have a couple of million here so no big deal at the pres share price but have great expectations for ALO. I really don't care re the short term movement in the share price as I have invested here. Did think that the share price could have dropped to 0.06 and was prepared to top up if it did but not looking likely now. It also looks like our CEO has acquired his £10ks worh so maybe that has piqued some interest in others who were previously watching. maybe even family? now that the co is no longer in a closed period? From the company's last RNS he was disappointed to go to the market at this share price as he thought recent mews should have upped the interest Lets see what Kossanto West reveals? Read up a bit on Pareternoster and they seem to be picking some interesting plays that are doing well and there shares are grossly undervalued. They have nearly 500M alo shares! Watching them closely
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