Dg Innovate Share Discussion Threads

[pugugly] 13/4/2022 11:10

And further down - Now according to ADVFN market cap £27m and on float Align said MC was £44.2m so now down some 39% - Makes the Deliveroo fall of 30% odd look positively good

How much further could this fall? While in private ownership has been a consistent cash burner and very dependent on grants –

Pity those original shareholders who thought the shares they took in exchange for selling the company were worth 0.6p - OK they may be selling for what they can get and we have no quick idea what was the level of their original investment - Could however probably be found out through a companies house search.

However, some - based on the volume of sales - maybe selling, or else where could the volume be coming from?

Thoughts??



"

[fatfish] 13/4/2022 10:27

And still going down

[czar] 11/4/2022 07:16

If this had ipo'd in the US it would be valued in billions. I reckon its a great punt at this level.

[tagsumo] 08/4/2022 14:22

fatfish8 Apr '22 - 14:19 - 23 of 24

There is probably less chance of me getting my average price of 24p then.
May as well put my share certificate in the shredder.

WELL DONE CHRIS

Yep ditto fatfish
I am sure we will get a ‘big oil and gas’ type hype in the EBT or EDT equivalent world at some stage 😂.

[pugugly] 08/4/2022 13:34

pre - Ah - Posssibly I misinterpreted re warrants - On reading your note slloks as though they were exercised and being now sold. Thanks.

[fatfish] 08/4/2022 13:19

CURRYPASTY8 Apr '22 - 08:59 - 11 of 21
0 0 0
any chance of getting my 5p back?


no, thought not


There is probably less chance of me getting my average price of 24p then.
May as well put my share certificate in the shredder.

WELL DONE CHRIS

[pre] 08/4/2022 13:17

Pugugly - i just got this from the rns extract below - are they churning these?

...The Company has raised GBP2,550,000 through the issue of 510,000,000 Subscription Shares at 0.5p per Ordinary Share. Further, the Company has, following the irrevocable exercise of 830,800,000 Warrants (0.25p) conditional on Admission, raised an additional GBP2,077,000.

[pugugly] 08/4/2022 12:09

pre - Do you have the EPIC for the warrants? Thanks in advance.

[pre] 08/4/2022 10:18

0.025p warrants being churned and expected sellers to get out the way?

[dennisbergkamp] 08/4/2022 09:53

Think Align will likely have an interest... Same as many other companies that they provide research for... Might mean its somewhat optimisic, but still would suggest a higher valuation than where we are

D

[sleveen] 08/4/2022 09:15

Pug research note added to header.

[pugugly] 08/4/2022 09:11

Research note puts valuation at Market Cap £44.2m. ADVFN not yet got a market cap showing - Bobbie - Where did you get the £160m figure?

[bobbie870] 08/4/2022 08:53

160m valuation wow research note

[pugugly] 08/4/2022 08:20

Yet another possible red flag (imo). Look to be the only research apparently available - I would have expected multiple reseach reports to be available.

"DG Innovate plc , is pleased to note the publication of a Research Report on the Company by Align Research which may be accessed via:

[currypasty] 08/4/2022 07:59

any chance of getting my 5p back?


no, thought not

[joeblogg2] 08/4/2022 07:49

Sellers about due to long suspension and understandable as some will need the cash???

[fatfish] 08/4/2022 07:27

Did anyone expect anything else??

[theonewhoknows2] 08/4/2022 07:10

sell after sell and price dropping.....

[theonewhoknows2] 08/4/2022 07:08

was it worth the wait?

probably not