Dg Innovate Share Discussion Threads

[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

[mobyrich] 08/4/2022 07:05

They are usually pretty slow with this situations from my experience .. Not searchable or tradeable on their platform right now

[pugugly] 08/4/2022 06:56

My initial comment from the old PATH thread

""just hot air until they prove themselves and it doesn't make me believe in them."
fatfish post 744- Never a truer phrase written -
what faith can potential investors have with (I understand) the same historically underperforming management in charge?

OK very interesting ESG areas but management team appear need to prove they can successfully exploit the opportunities.

[sleveen] 08/4/2022 06:38

I think their hands are tied until 8am onwards.

[mobyrich] 08/4/2022 06:36

Interactive investor still showing PATH wonder how long till they get their act together

[vatacarma] 08/4/2022 06:28

They did it !

[vatacarma] 08/4/2022 06:28

!FOLLOWFEED

[bobbie870] 08/4/2022 06:21

First day of dealings at 0.6 £18.6m GOV FUNDING
Path Investments plc, now renamed DG Innovate plc, has, on Admission, completed the acquisition of Deregallera Holdings Ltd (formerly DG Innovate Limited) ("DGI") for an initial consideration of £32.4 million satisfied by the issue to the DG Innovate Shareholders of 5,397,451,305 Initial Consideration Shares at a deemed issue price of 0.6 pence per Ordinary Share. Further conditional deferred consideration of up to £5.4 million, to be satisfied by the issue of up to 895,610,844 Deferred Consideration Shares on the first anniversary of completion, will become payable should DG Innovate sign one or more supply agreements for the provision of their motor technology with certain defined customers prior to this date with a combined potential value of £5.0 million or more. To date DGI has received approximately £18.6 million in funding through a mixture of equity from private funders, debt, grants and research funding from the UK Government, the Welsh Development Agency and through highly competitive grant awards under the Innovate UK Faraday Challenge.