Arria Nlg Ords Share Discussion Threads

[lydnem] 20/12/2016 14:18

aja5 is mentally challenged!

[lydnem] 20/12/2016 14:17

From the RNS. They cant relist if they cant cancel the listing.


If the Cancellation is approved at the General Meeting and Warrantholder Meeting, the last day of trading on AIM of the Arria UK Shares and Quoted Warrants is expected to be 19 January 2017 and Cancellation is expected to take effect at 7.00 a.m. on 20 January 2017. Cancellation will be conditional on the passing of the resolutions to approve cancellation of both the Arria UK Shares and the Quoted Warrants. Should one of the Cancellation resolutions not be passed at the General Meeting or Quoted Warrantholder Meeting, then both the Arria UK Shares and Quoted Warrants will remain admitted to trading on AIM.

[lydnem] 20/12/2016 13:41

NO its not numb nuts

Its a delisting and relisting but if there is no relisting possible, then they wont delist.

[aja5] 20/12/2016 12:51

It's a delisting and possible relisting.....nothing guaranteed!!!
There will be a time when this company is delisted,they have said so....ffs
No more funds in the new year and even the BoD question the viability of the company as a going concern........

[rackers1] 20/12/2016 10:25

Down dooooooooooooooooooooooooooooooooooooown goes your bank balance lol lydnem

[lydnem] 20/12/2016 10:17

rackers is mentally challenged

[lydnem] 20/12/2016 10:10

cyberhub, it is delisting here to list in New Zealand, not just delisting.....that is totally different.

[cyberbub] 19/12/2016 22:26

Yeah it does all sound fishy in reality. Just making the point that not all delistings are automatically curtains. Probably 90% of them are though :-oGood luck to holders whatever you decide to do.

[aja5] 19/12/2016 21:31

I think you need to take today's announcement in its entirety
Even if you go with the above you will be diluted into oblivion!!!
IMHO equity holders here will not be participating in any IPO in New Zealand,saying all that anyone with anything other than a small holding will be unable to liquidate their position anyway!!!
That's why it's down 40% today.......

Better still with 1.5 million shares you could use the certificates to wallpaper the house.......

[cyberbub] 19/12/2016 20:39

I don't know much about NLG, but it is not necessarily the case that a delisting is curtains.

Remember that the vast, vast majority of the world's companies (from struggling corner shops to hyper-growth startups to massive, successful multinational conglomerates) are *not* publicly listed. As long as Arria follow through to relist on the ASX in particular, a liquid market should re-establish itself.

Even if they don't, and it remains a private company, you still own part of it in exactly the same way, and the company will still succeed or fail in the same way, based on its business plan. The only difference is if you want to buy or sell it's more of a hassle, and it's also harder to get information about the company's progress.

But if you are a genuine believer that a company is going to grow exponentially for a few years and then be bought out (a very common scenario after all) then the buyer will come a-knockin' for your shares at the agreed price... As long as you make sure to get the shares certificated as proof!

The question for holders is whether they believe in the story and the company's viability (I have no idea hence no opinion), and whether they are willing and able to have their shares in limbo for anything between a few months if the ASX listing goes through, and a few years if it doesn't?

No advice intended.

[lydnem] 19/12/2016 17:30

rackers is mentally challenged and not afraid to prove it daily

[kkrriiss2] 19/12/2016 17:13

Wheres usatrader ?

[rackers1] 19/12/2016 16:46

Can't hear u lydnem the loser. Speak up son Hahahaha loooooosa

[aja5] 19/12/2016 16:34

Ouchhhhhh......

[rackers1] 19/12/2016 15:51

calamity kid and lydnem does :-)

lol

[kcr69] 19/12/2016 15:22

Hi Aja5

Appreciate your thoughts, genuinely.

As I skimmed through the RNS this morning I was actually chuckling to myself in that it read more like an education lesson in the calculations of dilution, and a moral and kind gesture on behalf of the directors advising all UK shareholders that it was in their interest to sell up at the first possible opportunity. Maybe that will turn out to be the truth and this was a final moral gesture on behalf of the directors?

You are absolutely right to also say that the the process of recent fundraising is not following a smooth path and it certainly looks as if they are struggling to get US investors on board given the existing structure. As an aside, the RCF with Global Insight looks like just about the most competitive deal they have done in a long while.

But somewhere in my brain, I just don't buy the concept that any business or BOD is that moral where big money is involved, and fairly substantial sums are at play here.

It is just as possible that some entity with an interest here is hoovering up sells at a super low price as part of a bargaining deal they have done for a future investment, with todays RNS facilitating that process by inducing uncertainty and complexity for all UK shareholders.

Its a long shot but who knows? We both agree that markets are as bent as it comes and all we minnows can do is try and weave our interpretation and path through them.

With regard to your last point, I have never mentioned shareholdings I own on any bulletin board before, but for context, if i lose the lot here it will amount to about £10k. I have had a decent trading year so far this year with that amount representing no more than 6% of my net gains across my non SIPP portfolio. Given that position, its worth keeping for the gamble. I would however be looking at this in a very different light if I had a large holding as a % of my portfolio. I genuinely hope no one does.

Thanks again however for your comments.

[rackers1] 19/12/2016 14:34

a fine attitude and im sorry its happened this way for you. Its the other non apologetic ramptastic pond life im ecstatic this has happened to though however.

those lying clowns deserve everything they get.

[kcr69] 19/12/2016 14:31

It's a fair question rackers, to which I don't have the answer. Having said that, not sure how Landstead managed to part with 3 million above 13p but they appeared to? Odd things go on in this game that little people like me will never find out about.

If a NZ listing doesn't materialise, then all holders are screwed, those with large holdings are just going to feel the pain a little bit more.

I think anything is on the table over the next three weeks, as it would appear the Aim delisting is a foregone conclusion. Could go to 1p, could go to fractions of 1p, could go to 20p plus. Genuinely have no idea, but what is certain is some do.

Like I said, I have little left to lose in this, but always bought into it on that premise, happy to lose the lot given the upside potential of the product. I will simply wait for the delisting and then 2 to 5 months later will either find it is good news or bad news.

Pays your money and all that....

Regards

[rackers1] 19/12/2016 14:10

kcr

how would a holder with millions on the books sell part or all their holdings in this dog ?
There is zero liquidity as has been proven day after day after day. Those with large holdings are screwed. Even selling 500k would probably halve the price as todays volume is roughly that with a 4.5p sell off.

[kcr69] 19/12/2016 14:04

So, here's how I see it, and I have only had a chance this morning to give the RNS a quick once-over.

1. Uncertainty increased enormously, I don't think any one can argue with that, and given the market hates uncertainty, it is no surprise to see a number bailing this morning. No issue with that, considered it myself. We will probably have to wait to see if the bailing is just confined to PI's (as is likely based on the current sells) or whether multi million sells come through, suggesting the news is really unpleasant.

2. I am really unimpressed that no trading figures whatsoever were given for a financial year ended September, and no trading update given on current progress of recent product developments. Disappointing.

3. On the plus side, just about every holder today, and potential new investor, is being 'securitised' (word used flippantly) solely in Arria NZ shares. The point being that one way or another, any major stakeholder (and it would appear all are backing the proposal whether they be share or warrant holders) only gets something out of this if a NZ listing happens as outlined in the RNS.

4. The CEO would appear to continue to be putting sizeable money into the operation, albeit, I would prefer not to see the word intend used.


There is clearly every possibility that existing shareholders could get absolutely nothing back from this. From a personal perspective, I have been there before with a few companies, and given my outstanding value to lose is now so small I will see it out.

The odds have probably moved to a likely loss rather than a likely gain in my mind, in what was always a binary bet. As always, only time will tell.

Best wishes all.

[aja5] 19/12/2016 13:11

Can't listen to TW what does he say??
Do I need to guess his price target.....