Azure Share Discussion Threads

[tibrahim] 02/2/2005 21:53

Any one know what that 1 trade was about? Good or bad code for something.

[psps] 02/2/2005 20:25

watch it guys.........Evolution are involved

[easymoney03] 02/2/2005 19:25

getting ready to shaft us again..by the looks of level 2

[tibrahim] 02/2/2005 13:20

If you have L2 let us know what they are doing please.

[double6] 02/2/2005 12:50

Watch the MM's again!!

[tibrahim] 02/2/2005 12:38

Now up on the offer to 1p 13%rise so far

[tibrahim] 02/2/2005 12:37

Moved up on the bid to .7p offer .9p

[kaj] 02/2/2005 09:36

The candle stick chart formation looks very good. This will really fly
over next few days...My target is 2.25p.

[tibrahim] 01/2/2005 19:58

35% rise today, any views on why so much interest?

[soysoy] 29/1/2005 12:10

Top manager to quit Evolution
Alon Bull, deputy head of small cap market-making at Evolution Group, is understood to be about to leave the stockbroker

[uknighted] 29/1/2005 09:55

Todays Telegraph Business

"Top manager to quit Evolution.............."

Too long to reproduce but big reference to Evo implementing "a strategy to short sell shares it did not own amounting to 2.5 times the issued share capital of Aim-listed Room Service group."

"The regulator said the broker's actions amounted to market distortion....."

[greenchair] 27/1/2005 11:08

Above post are deleted because it was obviously a drunken rant!

.......and because United were deceived out of another penalty at OT!

[psps] 27/1/2005 08:50

greenchair,
what the hell you do at that time in the morning ?

[hazy fantazy] 26/1/2005 23:25

My understanding is that the appropriate response to inane stupidity is "Laughing Out Loud", is that right? Or is "Screaming with laughter at the moron in the corner" also acceptable?

I'm very confident that in a court of law I could demonstrate that you are indeed "muppets" Anom. The very fact that you are threatening libel action simply in consequence of my comments is frankly evidence enough to prove that you are a grade A top of the class star muppet.

Purple Haze

[soysoy] 26/1/2005 17:27

Anyone have any thoughts on this?

Taken from another BB


Shell firms face delisting under Aim proposals

Jill Treanor and Neil Hume
Tuesday January 25, 2005
The Guardian

Shell companies, which are formed to seek acquisitions and usually join the stock market with a cash pile but no actual business, will have to do a deal within a year or face the threat of being delisted, under plans to be unveiled by the London stock exchange next week.
The proposals to be published by Aim, the junior market of the LSE, will mean cash shell companies would have to raise at least £3m at the time of their flotations and provide a much more detailed business plan than is currently required.

Approximately 1,300 companies are listed on Aim and it is not clear how many of them are dormant cash shell companies - brought to the market with a view to making an acquisition but never actually completing one. In the past, some companies have sold shares to investors on the promise of little more than vague plans to seek out "business opportunities" in certain areas. Some raise just a few thousand pounds on their admission to the market.

The prospect of possible deals can boost the share prices of cash shells.

For instance, Knutsford's share price rose more than 2,500% at the height of the dotcom boom on the hope that Archie Norman, Julian Richer, Nigel Wray and Nicholas Leslau would use it as a vehicle to launch a bid for a troubled retailer.

Knutsford never found a retail acquisition and the company is now WILink, a financial website.

Other shells, though, do target acquisitions. A recent example is Melrose, which bid for industrial group Novar only to lose its prey to the American company Honeywell.

Under the proposals, which are due to be issued for consultation next week, a shell company which does not find a deal within 12 months will be suspended but given six months grace before being officially banished from the market.

It is thought that the proposals would be retrospective and be applied to shell companies which are already listed on Aim and yet to do a deal, which might prompt a flurry of activity in the sector.

A spokesman for Aim would not be specific about the up-coming rule changes. But he said: "We believe cash shells are a useful part of Aim. However, we believe that some changes to the Aim rules need to be made to increase the disclosure to investors".