Andalas Energy And Power Share Discussion Threads

[rookieinvestor80] 28/4/2016 15:12

Dung share best it closes down

[squire007] 28/4/2016 15:07

You have 2 weeks to load up ............ GL

[squire007] 28/4/2016 15:05

1. Bonus Warrant Issue

The Directors have carefully considered the best way to structure the proposed
equity fundraising in order to provide existing Shareholders with some ability
to subscribe should they so choose on similar terms to the Placing. On this
basis, the Board proposes, subject to the passing of the Resolutions and
certain regulatory considerations relating to marketing of securities in
certain jurisdictions, to carry out the Bonus Warrant Issue on the terms of the
Bonus Warrant Instrument.

The issue of the Bonus Warrants will be to Qualifying Shareholders on a pro
rata basis of one Bonus Warrant for every four Ordinary Shares held. The Board
believes that the Bonus Warrant Issue should partially alleviate the impact of
dilution on Qualifying Shareholders.

The record date for the Bonus Warrant Issue is 5.00 p.m. on 13 May 2016.
Accordingly, the Board proposes that the Bonus Warrants will only be issued to
Shareholders of the Company entered into the register of members at that time
and with a registered address outside the Prohibited Territories. As such,
placees in the Placing shall not be entitled to receive Bonus Warrants in
respect of their Placing Shares.

The Bonus Warrants would represent approximately 7.3 per cent. of the Enlarged
Share Capital prior to exercise.

The exercise price of the Bonus Warrants will be 0.2 pence per new Ordinary
Share, being the same as the Issue Price.

[squire007] 28/4/2016 14:54

Pizza boy .... lol

[squire007] 28/4/2016 14:53

Where you get that from !???

There is no forward selling happening !!

[dlg3] 28/4/2016 14:51

keep buying up those placing shares, the more that are bought the more they have to buy back, when the PI,s take control and vote NO!!!!! they thought they could screw over the PI,s now time to return the favour...

[dlg3] 28/4/2016 14:48

so the forward sellers could well be screwed!!!!! happy days vote no, teach them a lesson, do unto others as they do to you!!!!

[dlg3] 28/4/2016 14:47

the only ones able to vote will be those that were on the share register prior to re-listing......

[dlg3] 28/4/2016 14:45

Dave Whitby did not want to encourage II,s prior to RTO, there are 715,000,000 that can vote most held by PI,s.........those buying today are soaking up placing shares......if someone has forward sold, any delay and they will have to buy them back on the open market.....they will be screaming for Dave to do a deal.....

[squire007] 28/4/2016 14:43

Tom who ...?????????????? lol

[cool runnings] 28/4/2016 14:43

Anyway I am happy taking my stock in the placing....GL

[squire007] 28/4/2016 14:42

But your still wrong ......... but thx

[cool runnings] 28/4/2016 14:42

eag, what straight question?

[dudishes] 28/4/2016 14:42

Tom did try to warn you, suckers!

[eaglehigh] 28/4/2016 14:41

What are you so concerned about cool runnings ?

Why when so much a know it all are you unable to answer straight questions ?

[cool runnings] 28/4/2016 14:40

eag, just trying to educate some people here, and after I said " i give up" it actually looked like it was becoming fairly productive with the responses so I continued...

[cool runnings] 28/4/2016 14:38

They can run round as much as they want but if people cant deliver the stock to settle your purchases you do not get a vote...All I am saying is people who are buying today may not be able to veto the deal unless they get their stock settled...

[the macallan] 28/4/2016 14:38

So what's the solution? Push the price up until enough are sold back into the market to establish order and equilibrium. Supply and demand, basic economics.

[eaglehigh] 28/4/2016 14:38

Cool runnings in your last post let me quote "I give up." So why are you continuing ?

Also why are you so concerned we will lose money ?

It is not your money after all.

[cool runnings] 28/4/2016 14:37

Macallan, the price is irrelevant! My point is that you won't have the voting rights! simple

[cool runnings] 28/4/2016 14:36

As we stand shares are clearly being sold that aren't yet in circulation....Hence they can't be settled!!

[the macallan] 28/4/2016 14:36

My point entirely. Everyone's brokers are obliged to make settlement and delivery. Where the stock comes from and at what price they have to pay is their problem. Contracts stand.

[cool runnings] 28/4/2016 14:33

A clip from the newspaper

Irrelevant of what you say the facts are that unless the stock is delivered and settled you have NO voting rights...whoever your broker is they are wrong!


The investors are angry after some of them were left high and dry by short-selling in the Alternative Investment Market-listed company.

Investors claim that market makers such as Evolution Beeson Gregory sold about two thirds more shares than the company had issued on the market.

This has left many of the investors without any shares in Room Service, when they thought they had bought some. Evolution declined to comment