Chromogenex Share Discussion Threads

[shakyhands] 07/4/2011 00:23

The co's last accounts said it made 300k net,so that payout isn't great.Did anyone get notice of a liquidation proposal,or did you just get a payout following liquidation?

[stephenmarkgreen] 21/3/2011 19:32

Received notification from Selftrade today saying they will be crediting my account shortly.

[pelleeds1980] 18/3/2011 15:05

Got a pay out today....

[stephenmarkgreen] 04/2/2011 17:25

Cheers Hashertu,

have fired off an email to Selftrade and will see what they say.

[hashertu] 04/2/2011 11:20

SMG.

You need to contact Selftrade and find out what your options are.
There is likely to be a cost associated with the transfer of shares from Selftrade to your own name. However, this might not be necessary if Selftrade can direct any money received to you.

[stephenmarkgreen] 03/2/2011 17:44

Hoping someone can help...

I held a small number of shares in a nominee account with Selftrade prior to the de-listing.

How do I go about ensuring I receive funds for my shares?

Should I contact Chromogenex to ensure I am on the shareholder register? Do I need to get a share certificate from Selftrade? or will Selftrade deal with it all?

Thanks in advance

[hashertu] 03/2/2011 16:32

For information. Concerns the forthcoming special meeting.

In reply to your email query.
You currently are a shareholder in Chromogenex Ltd. (formerly Chromogenex Plc).
We traded on the AIM Stock Exchange between June 2005 and April 2009.
When we came off AIM and re-registered as a private company the shares were trading at 0.3p.
The company almost died in 2008.
Over the past two years we have turned it around and put together two years back in the black, thus recovering some value for shareholders.
We have recently set up a new company - the proposed shareholders are the existing three directors plus Finance Wales.
The newco plans to buy our trading company, Chromogenex Technologies Ltd, from Chromogenex Ltd.
The notice proposes to place Chromogenex Ltd into a members voluntary liquidation but ONLY if the Finance Wales deal goes ahead.
Two other dormant subsidiaries will also be liquidated in this group tidying up exercise.
The liquidator will then pay out funds to all shareholders (currently estimated to be ~1.7p per share).
In the event the investment by Finance Wales does not proceed then everything remains as it is now.
I hope this addresses your query but please call / email if you need further explanation.
Best Regards,
Dave Morgan
Director of Finance

[shakyhands] 28/10/2009 00:36

Exciting news on the website recently re fat reduction ! Anybody reading this?

[shakyhands] 20/7/2009 16:46

Now phased light hair removal - see the website.

[shakyhands] 25/6/2009 08:15

Managed to find this translated from the Turkish

[shakyhands] 01/4/2009 21:16

Now we have to watch for news on the website.Be patient,though,running the company takes top priority.

[battyman2] 31/3/2009 15:38

So tomorrow no more AIM listing?

[battyman2] 27/3/2009 17:14

Liarspoker - we can can still hope for 3p. The MD is hoping for a lot more then that apparently but it will be outside of the AIM market. When I do eventually get 3p for my shares I'll be sure to let you know don't worry.

[shakyhands] 26/3/2009 00:48

When a co has a midprice market cap of around £120,000,Liarspoker,just how many attractive characteristics do you expect? The co has interesting tech,and the management think it's still worth running.
There are two things putting me off buying more - 1.I prefer to avoid paying the marketmakers their spread and 2.I'd have to declare an interest if I did.

[liarspoker] 25/3/2009 14:03

ALL DE-RAMPERS LIKE 8TRADER/LIARSPOKER WILL BE FILTERED!!!

Oh dear - I thought that I was filtered.

Should have listenend to me Fattyman2 - there are no attractive characteristics to this company what so ever.

[jacobpray6666] 25/3/2009 13:53

Back to the land of the living
Thanks for your replies.
Much appreciated

[dina] 24/3/2009 13:59

I do hope it wasn't Mr McGuinness selling out!

Anyway, suppose we can only hope and pray that they do find a future buyer for the company.

[battyman2] 24/3/2009 13:50

Wow, someone sold 3.1 million shares at .01p. He/She obviously doesn't have much confidence in the future!

[battyman2] 24/3/2009 13:46

Friday is the last day of trading on AIM?

[battyman2] 24/3/2009 13:45

Thanks shakyhands. Selftrade have confirmed that they'll be no problem.

So it's a matter of time I presume (how long we don't know!) before we'll know if they are going to get a buyer for the company. Let's hope it's within this year is all I can say.

[shakyhands] 19/3/2009 15:58

Hi,Battyman2.Link to JP Jenkins above.

[battyman2] 19/3/2009 09:27

I have been in contact with Selftrade - they don't seem to know the answers at the moment - I presume that it will become clearer after the meeting?

[battyman2] 19/3/2009 05:38

shakyhands - who is JP Jenkins? I thought that they said in the RNS that they would be using Crest?

[shakyhands] 17/3/2009 12:04

Hi,Jacob.I,too,have a nominee account - and quite a few CGX shares.I also have shares in some other delisted companies.The shares seem to be sitting quite happily in the nominee account.
I suggest that you contact your broker if you think that there might be a problem.My brokers say there won't be.As for trading the shares on a matched bargain basis,my brokers say there would be no problem if they decide to use JP Jenkins.I haven't asked them about Sharemark,yet.[of course,the market itself might be thin].

[jacobpray6666] 16/3/2009 13:28

I have quite a few CGX shares.

I would be grateful if anyone could tell me what happens to my shares once CGX delists from AIM? I have a nominee account.

Thanks in advance