Beacon Hill Share Discussion Threads

[librag] 17/12/2014 18:25

Katie; much as I wished for something different today, it was not to be.
I now have 16M shares which I am happy to join with you on future voting. Let's hope we can save something.

We could certainly sue the auditors and/or individual board members.

[travls] 17/12/2014 18:17

Thats it folks.

BUST

[jack1236] 17/12/2014 18:13

Do what the board were going to do, but to the benefit of all stakeholders, it can be done.

[vsm78] 17/12/2014 17:05

great result guys and gals and remember "strike while the iron is hot" it is not all lost yet, oust that band of crooks and hopefully with better BOD you have a chance of retrieving what you lost.

[humbugg] 17/12/2014 16:41

superb result. hats off to all the NO voters. time now to have a vote of no confidence in the board which relates to corruption/fraud. time to take these thieves to the cleaners like they've done to shareholders. the games afoot.

[bossman1978] 17/12/2014 16:34

I hope they rot in hell. Filling their own pockets!!!

[loverat] 17/12/2014 16:32

In this case sounds like the board was made up of Mr Bean, Norman Wisdom and Laurel and Hardy.

[loverat] 17/12/2014 16:31

Wow. 16p eh.

Must be the biggest bunch of imcompetants in one company AIM ever has known.

Mr Bean could have done better.

[greenrichard] 17/12/2014 16:28

[e-mail]
[e-mail]


Dear Justin & Rowan

It is clearly very regrettable that there will be no money left in the trough for you to continue filling your snouts at the expense of the private shareholder. After rejecting an offer for the company of 16.25p per share in August 2011, (as it apparently "did not reflect the current value of the Group) it has only taken 3 years for you to destroy the share value of the company to 0.01p. As Alan Sugar would say (points finger) - YOU'RE FIRED!!

[loverat] 17/12/2014 16:23

Good result and good campaign.

Shows these crooks and incompetants for what they are.

[bam bam rubble] 17/12/2014 16:08

Either way you lose

Actually voting no opens up a (remote) possibility for a less dilutive financing.
The CLN holders could accept a conversion at 0.02p rather than 0.01p for example.
As this was close, another EGM with slightly better terms would likely be passed.

[highly geared] 17/12/2014 16:03

The £56k placee hastily arranged by the BOD must be feeling a bit sick!
Oh, it was someone related to the BOD....

I've lost about a third of what failed QS has but it's still a sizeable amount.
Many point to "we are where are... and it's the macro environment" but this could have been sold 2-3 years back and most shareholders would have saved their cash or made a bit.

As has been pointed out, in the last 2 years, they have not sold a single lump of coking coal...

[bigdazzler] 17/12/2014 15:59

And that in simple terms is how you make money on aim either by silly wages or financial fees etc

[katylied] 17/12/2014 15:59

Very well done to those who voted NO. Either way you lose, but you took a stand against the AIM crooks. Perhaps the bad news for the BoD, has only just begun...

[targatarga] 17/12/2014 15:53

there should be a warning on aim stocks.... you will be robbed, you will lose all your money, and someone else will pocket millions in fees etc.

[bigdazzler] 17/12/2014 15:43

Not to gloat but fair play to every one that has voted no. My personal view you will lose the lot but at least this may prevent others from getting their hands on more.

Really time aim was changed. It seems at times retail punters are the cash points for others. Regulations need to be changed or aim should be allowed to die as it's becoming uninvestable.

[bam bam rubble] 17/12/2014 15:37

A bit surprised by that but a nice result. It acts as a warning to others that
wanton dilution with no regard for existing shareholders does have its limits.

"It is very regrettable to fall short of the required 75% threshold by just 6%.
This funding proposal was a culmination of considerable hard work by the Board"
Would have passed if they put a smidgen more work into protecting shareholders.

[bossman1978] 17/12/2014 15:34

So there we go. Total disgrace, could had sold this company at 16p!!!! Will there be an investigation into the BODs? To be honest I think I would just short companies on Aim from now on. I have never believed in shorting before but I think it is the only actual way of making money from the markets. Gone are the days when you bought shares and most of the time made a return on your investment.

[highly geared] 17/12/2014 15:20

....and there we have it.....

[tidy 2] 17/12/2014 14:04

Aex moving on little V guys !!! Long way to go check it out !!!