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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Dukemount Capital Plc | DKE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.035 | 07:40:02 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.035 | 0.035 | 0.035 | 0.035 | 0.035 |
| Industry Sector |
|---|
| REAL ESTATE INVESTMENT & SERVICES |
| Top Posts |
|---|
Posted at 11/3/2024 08:58 by pwhite73 Yes Boooom with a 50% spread. Don't get caught up in this. The new investors will continue to dump their 0.022p shares before the stock is eventually suspended. If the price rises too high the FCA may do what they done to ICON to protect investors and the suspend the stock until a prospectus is issued.Be careful. |
Posted at 10/3/2024 13:40 by encarter Still doesn't make sense. Where are the rest of the 675m shares. Did they go to new investors but they don't know who they are? |
Posted at 09/3/2024 12:50 by encarter More confusion.https://ww |
Posted at 07/3/2024 16:46 by troutisout Zen, what do you think they could get for the listing?£1m in equity of the new company? If so how much is that divided by 970m shares? That would be 0.1p, is that enough to take the risk of nothing happening or being in suspension for a couple of years, especially as the new 'investors' could easily just sell down their holding and take a profit, without even selling all their shares. At 0.022p, they could drip feed into the market and make good profits (they only have to recoup £150k and then the rest is profit) |
Posted at 05/3/2024 16:26 by troutisout This was sent to Lucy and Duncan at Peterhouse this morning, absolutely no response from them but the confusion is apparent everywhere you look. Perhaps others need to complain, I haven't been fooled into investing but others may have been, yesterday and this morning...."Good morning, I write to ask you to clear up something that seems quite confusing and possibly incorrect information in yesterday's Dukemount Capital PLC RNS number 5035F, issued at 13.16hrs on the 4th March 2024. This statement seems confusing, I believe the £0.001 refers to the nominal value of each share and not the price it was sold at, as the consideration would be £900k is that was the case? Should this be made clearer? "Following admission to trading of the Subscription Shares, Mr Gazzard has agreed to sell the Subscription Shares at £0.001 to new investors for £150,000 ("New Investors")" Then further in the RNS the disclosure details for the disposal of 900m shares by Paul Gazzard states the price to have been £0.001, in sections 4c and 4d. If that were the case and the statement above is correct that Paul Gazzard received £150k for the 900m shares, then where is the other £750k? I really think this needs clarification as my reading is the 900m shares were sold for a consideration of £150k and so the price sold at was not £0.001 and this needs to be amended." |
Posted at 05/3/2024 16:12 by encarter The details seem straight forward to me. 900m subscription shares given to director who then sells them to new investors for 150 grand, which then goes to note holders along with 225m shares from new investors. New investors end up with 675m shares for 150 grand or 0.0022p. All seems a bit dodgy to me. Issuing stock at nominal value then immediately selling it for massive discount. It must be allowed but I've never seen it before. |
Posted at 05/3/2024 09:45 by troutisout Read the RNS, the noteholders have been given 225m shares and £150k in cash, the 'new investors' get 675m shares for their £150k investment...."The Outstanding Balance has been transferred and assigned to Paul Gazzard, a director of Dukemount. In consideration, the lenders of the Facility Agreement (the "Noteholders") will be paid £150,000 in cash and 225,000,000 new ordinary shares in Dukemount payable on completion of the Subscription. Following admission to trading of the Subscription Shares, Mr Gazzard has agreed to sell the Subscription Shares at £0.001 to new investors for £150,000 ("New Investors"). These New Investors have agreed to transfer 225,000,000 of the total Subscription Shares to the Noteholders. The balance of 675,000,000 ordinary shares will be issued to the New Investors." |
Posted at 05/3/2024 09:02 by troutisout PW is wrong, read the RNS the 'new investors' gave the 225k shares to the lender. Gazzard can't be seen to be party to the transaction of giving shares to the lender, but in exchange the 'new investors' have 675m shares that they paid £150k for and so on issue can sell them down like confetti and still make huge profits."Following admission to trading of the Subscription Shares, Mr Gazzard has agreed to sell the Subscription Shares at £0.001 to new investors for £150,000 ("New Investors"). These New Investors have agreed to transfer 225,000,000 of the total Subscription Shares to the Noteholders. The balance of 675,000,000 ordinary shares will be issued to the New Investors" |
Posted at 04/3/2024 16:19 by pwhite73 RNS 04/03/24 - "Following admission to trading of the Subscription Shares, Mr Gazzard has agreed to sell the Subscription Shares at £0.001 to new investors for £150,000 ("New Investors")."The nominal value of DKE shares is £0.0010 (0.10p) therefore shares cannot be issued below this price. |
Posted at 04/3/2024 15:40 by tomboyb Paul Gazzard issued with 900million shares -He sells 900million shares for £150k to new investors - New investors give 225mill to note holders - They end up with 675million shares - |
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