Atelis Share Discussion Threads

[double6] 11/2/2008 13:11

From RNS...

Traction with the reseller network has continued, with revenues generated
covering operating costs. Fixed costs were reduced earlier in 2007 due to a
restructuring process focused on the distribution channel and reduction of R&D,
and additional working capital to assist in meeting central costs was received
from certain shareholders in the form of unsecured loans. These loans have now
been repaid.

Seem to be managing their finances well.

Presumably any fundraising in the future will to be fund growth/acquisitions.

My honest opinion as to the fall is purely down to the few sellers and lack of buying activity so far....

[outsider] 11/2/2008 13:08

I suspect the reason this keeps falling is they will have to raise cash soon, it may fall further if the price is much lower than current levels

[double6] 11/2/2008 13:02

Joe

Good to see you active on the boards again.

[logica2me] 11/2/2008 12:51

Agreed. Just dipped my toe in the water - 400 quids worth at 1.1p.

Showing as a sell, but it's definitely a buy!

Joe

[hutchison2] 10/2/2008 23:27

could be trading update tomoro..was last year

[double6] 10/2/2008 21:05

Hutch - just continued selling.

MC tiny - upside huge IMHO

[hutchison2] 10/2/2008 17:21

WHY THE FALL?

[double6] 08/2/2008 14:58

Just quoting from the RNS.

[robertfuge] 08/2/2008 14:57

yeh yeh.. zzzzzzzzzzzzzzzzz

[double6] 08/2/2008 12:35

From latest update....

Traction with the reseller network has continued, with revenues generated
covering operating costs. Fixed costs were reduced earlier in 2007 due to a
restructuring process focused on the distribution channel and reduction of R&D,
and additional working capital to assist in meeting central costs was received
from certain shareholders in the form of unsecured loans. These loans have now
been repaid.

So:

Revenues covering operating costs

Unsecured Loans have been repaid.

Current share price seems (IMHO) to be way too low.

[double6] 08/2/2008 11:29

Dipped my toe in - current MC less than £300k.

Seems to have fallen purely on a few small sells.

[double6] 15/1/2008 20:39

Well - tick up on minimal trades.

Buy order in the background ??

[double6] 15/1/2008 11:06

At least a little bit of activity is going on.

Current online = 1.83/2.10p

[double6] 15/1/2008 09:41

25mln Shares.

Current MC under £500k.

Online spread 1.79/1.80.

Is there ANY hope for the future here ??

[redrenault2] 17/10/2007 10:24

got a call from a broker today re some poss renewed interest. a bit unsure but have you heard anything ??

[robertfuge] 29/6/2007 12:45

final results... yawn...

[robertfuge] 09/2/2007 11:49

back to reality today.. down to 6p.. o well

[jidice] 09/2/2007 10:39

lol not sure why?? I actually bought these shares after I made that comment but paid far too much in fees. It will have to be the miracle of shares to make up that loss.

[tiredoldbroker] 09/2/2007 09:24

See for the story about just how bad a record SPE had.