Byotrol Share Discussion Threads

[kumbuka] 08/4/2024 14:46

It’s FINISHED face it you gang of lying ramping fools.

If it’s not turning over enough revenue to pay the cost of listing on AIM it tells you all you need to know.

Don’t be conned by the con men.

[kumbuka] 08/4/2024 14:43

As for the idiot pigsbladder trying to compare this worthless company with Shell 🤣🤣🤣🤣9315;🤣ԍ15;

[kumbuka] 08/4/2024 14:42

Stupid mudbath do you know the meaning of honesty ?

[kumbuka] 08/4/2024 14:41

Is there nothing you won’t stoop to stupid mudbath to try and save yourself ?

[kumbuka] 08/4/2024 14:37

Newlands sold as they know the writing is on the wall it’s that simple.

[kumbuka] 08/4/2024 14:36

You are desperate stupid mudbath. Lie make things up anything to deceive mugs to save you.

You are a desperate man who will stop a nothing with your made up nonsense to try and save you losing your money.

[mudbath] 08/4/2024 14:29

Maybe the Newlands were in part just closed out; as several millions of their decared holdings were on spread.
In any event their disposal is more likely linked to their preference to be a medium sized fish in a very small pond; so an anonymous stake in a delisted company would hold little appeal for them.

[bagsandbags] 08/4/2024 14:28

@sikh.
Maybe. But it was also the last day of the tax year.. and a good time to crystallise some tax losses and maybe even get some potential buying/investment power for later too? That's what I would have done if I had any profits elsewhere. But I don't, sadly.

[kumbuka] 08/4/2024 14:23

Mr and Mrs Newland know the company is worthless and have got out.

[kumbuka] 08/4/2024 14:22

The desperation from stupid mudbath, pigs bladder, doughy and Igw is disgusting.

How pigsbladder can compare with Shell is hilarious. What a complete idiot.

[microscope] 08/4/2024 14:22

If there's any sort of a bounce here, the problem is that it's likely to be met by a wave of sellers, worried by what's happening, rather than risk waiting to see how the vote plays out. Also weakens the hand of anyone hoping for 25%+ rejection. Very difficult to see a way out for existing shareholders, but hope I'm wrong.

Ah just seen a post from the person i was thinking of.

[sikhthetech] 08/4/2024 14:06

Oh dear, large shareholder, Newlands, sells out.

If there was real chance of voting against the delisting then Newlands had a huge shareholding, which they could have used to block it.

They obviously don't want the current BoD in charge of a delisted company.

Hardly surprising. Even as a private company, the decisions by the same decision makers are likely to be the same.

[football] 08/4/2024 12:55

Shell threatens to quit London for New York
Oil and gas giant looks at ‘all options’ amid concerns it is under-appreciated by investors

[maxk] 08/4/2024 12:14

Traynor will do whatever he is told to do by the real folks lurking in the backround.

[mudbath] 08/4/2024 11:03

I have successfully followed several companies "off market" and will be prepared to accept a delisting for my current holding in Byotrol.
Experience tells me that one of first actions by the company will be to declare that any holding of below (say) 100,000 shares to be unviable, with all such holdings amalgamated and cancelled.

Subsequently, in addition to the proposals set out in the RNS, I would anticipate a rapid sale of the brand or Byotrol's deconstruction via a piecemeal disposal of its various assets.

The shell could then undertake a members voluntary solvent liquidation with a series of payments made to shareholders, by the liquidator, once the exercise has concluded.

There certainly looks to be appreciable value available to anyone purchasing Byotrol shares at around current levels. ( 0.145p)

On the other hand, Traynor might continue to destroy any remaining shareholder value !

[cliffpeat] 08/4/2024 10:24

Any views on possible/probable dilution of current shareholders after delisting (assuming that goes ahead)?

"After the capital reorganization, each of the 453,890,405 existing ordinary shares will be subdivided and converted into one new ordinary share of £0.0001 each."

With a nominal par value of 1/100th of a penny (£0.0001) it leaves the present directors with the possibility of raising new share capital equal to more than 50% of the post-raise position for as little as £45.4k.

If a raise of 453.9m shares was priced at (say) the current "buy" pps of 15/100th of a penny per share, it would raise £681k.

Also, I suggest, it's worth looking at the Part II of the RNS "Circular" and you see the Memo & Arts change proposals if it becomes a private company. That puts enormous power in the hands of the directors (particularly if they have a friendly majority shareholder).

So how will it unfold? The following is only a guess and certainly not an opinion or slur on the probity of the current directors - one scenario might be:

1. Delist as proposed
2. Raise capital at not much above nominal share price and shift control to the directors and if required a "connected" entity at a price to dilute existing shareholders to 20% or less
3. I doubt that numbers would justify offshoring majority ownership and management - but who knows where the new capital is coming from?
4. Divest Technical R&D team and Seaweed IP to large competitor for £1m or so.
5. Use funds to continue a pared down core trading company producing a profit before tax of £2m+ p.a. (see post 10581)
6. Sell company for an earnings multiple of 3x or more in a couple of years.

Just thinking aloud and no clue as to the merits of selling now at almost 100% loss or staying in.
DYOR

[mudbath] 08/4/2024 08:49

I doubt that the MMs will move the price upwards until all those who are ditching at around 0.06p are fully out.
Whoever is accumulating; I reckon that they are now approaching a 15% holding.

What a steal !

[1gw] 08/4/2024 08:44

I think that's probably the same 10m, being deleted and then put through again with some correction.

[loafofbread] 08/4/2024 08:33

Another 10,000,000 posted from Friday at the mid price.

Looks like the buyer will disclose with 10%+, maybe more, and an offer alongside it?

[1gw] 08/4/2024 08:05

If (even) the Newlands are selling, it makes me wonder who's been buying in quantity. I hope everyone is going to play by the rules on holdings notices.

[mudbath] 08/4/2024 07:42

That was an expensive £500k punting loss for the Newlands, even at Ruffer disposal prices, should they have now ditched the lot.

[cliffpeat] 08/4/2024 07:25

Newlands owned 6.24% so must have disposed of at least 14.7m shares to come below 3%

[sikhthetech] 07/4/2024 20:49

Loaf,

I can't see why Tristel would be interested given Byot terminated their agreement with them by mutual consent and then sold the underlying IP, relating to one out of 3 formulations, to them.


As per the rns.

"This includes an increase in cash receipts compared to plan, from early termination of two existing licenses (with Turtle Wax Europe Ltd and Tristel Plc). Both sets of assets were deemed non-core to the counterparties' respective strategies and in both cases we agreed to terminate by mutual consent. We then agreed to sell to Tristel the underlying IP relating to one of the three previously licensed formulations, the proceeds of which are included in the 'cash-generated' figure above. "

[loafofbread] 07/4/2024 20:17

My post from about a month ago.

About Animalcare
Animalcare Group plc is a UK AIM-listed international veterinary sales and marketing organisation. Animalcare operates in seven countries and exports to approximately 40 countries in Europe and worldwide. The Group is focused on bringing new and innovative products to market through its own development pipeline, partnerships and via acquisition.

I don't understand why Tristel or say Animalcare don't put a bid in for us.

There is no doubt the product line sells and that we have robust IP.

Strip out the listing costs, head office etc and you are instantly profitable.

[sikhthetech] 07/4/2024 19:48

Loaf,

Given the BoD want to take the company private, do you really think they will tell you if there have been approaches by anyone? I don't.

If VP or anyone else was seriously interested then they would have been building a stake when the mcap was around £1m-£2m.

I'm still thinking of whether to take a few as a pure gamble. I might then vote in favour of delisting.