Dukemount Capital Share Discussion Threads

[pwhite73] 26/10/2022 16:16

There is no such thing as Chesterfield. My understanding is that Chesterfield is one of the directors. The RNS states Chesterfield will convert their loan at 0.65p. How they can be paid back is at the direction of the directors. This I assume to mean placing shares then paying back Chesterfield in cash.

RNS 11/10/22 - "- Chesterfield Capital Limited have confirmed that the outstanding balance of £500,000 due to Chesterfield Capital Limited will be converted at the previously announced subscription price of 0.65p. Such subscription to settle all balances due from the Company and to be settled by the issuance of shares at the earlier of (a) the approval of a prospectus, (b) the direction of the board of the Company and (c) 11 April 2023."

[zen12] 26/10/2022 16:15

Agree should not be selling below 0.1...what lam going on here?!

[jimduggen] 26/10/2022 16:04

Surely chesterfield won’t want to lose their 500k?

[jimduggen] 26/10/2022 15:46

White.I agree. It doesn’t look great does it

[pwhite73] 26/10/2022 15:45

They are not forward selling as originally thought I think those in the know are dumping at any price.

[firestorm911] 26/10/2022 15:40

A staggering volume, must be forward selling, but at a loss? They can't issue more sub 0.1p, unless they get authority.

Can they get authority when a shs is suspended?

[pwhite73] 26/10/2022 15:10

Jimduggen - "They imo were forward sold and mms were in trouble due to them not being allowed to be added to the float."

Normally yes but as the stock appears to be heading for suspension either as a result of late accounts or RTO the MMS don't have to scramble for stock. They can wait for the prospectus with the new shares. Assuming the company does not call in the administrators before then.

[pwhite73] 26/10/2022 15:07

YES at 0.975p it has to be.

[sianna1] 26/10/2022 15:00

So is it a sell .?

[jimduggen] 26/10/2022 14:59

They imo were forward sold and mms were in trouble due to them not being allowed to be added to the float.
This is a superb buying opportunity

Strong buy

[sianna1] 26/10/2022 14:50

Have you seen the big dump of over 100 mil shares

[jimduggen] 26/10/2022 14:49

This is about to take off at any moment.
Look at all those buys
Rto news due very soon

[pwhite73] 26/10/2022 14:46

sianna1 - "Buys didn’t move the price up"

As per the 109 million dump at 13:19 people who know what is around the corner are selling. That's why buys are not moving the share price.

[firestorm911] 26/10/2022 14:34

They are raising money to survive suspension. People could get some below sub 0.1p.

It did rise from 0.04p remember that.

Maybe a punt on the last day of trading 31st of October. I doubt they will release financial statement

[sianna1] 26/10/2022 14:27

Buys didn't move the price up .. surely we have had more buys now then sells today

[dave4545] 26/10/2022 13:21

Well done shane

100% sell indicator you are !

[firestorm911] 26/10/2022 11:00

The suspension will come, they will use the 6 months for the prospectus and rto. That's the risk guys.

[saint of advfn] 26/10/2022 10:30

Nail to the cross. Amen

[pwhite73] 26/10/2022 10:18

The lack of cash may also be the reason they had to sell Arlington. Suspension pending clarification of the company's financial position looks like a real possibility here. Just my views. Be careful.

[pwhite73] 26/10/2022 09:57

jimduggen - "It’s good Less shares available"

No its not good because without shares there is no money and without money the auditors cannot sign off the accounts due 31/10/22 as a going concern for the next 12 months. They raised cash from the sale of their energy groups but it may not be sufficient for the auditors. They've had problems with the FCA and the prospectus since January 2022.

Be careful.

[sianna1] 26/10/2022 09:45

Why the selling

[jimduggen] 26/10/2022 09:43

It’s good
Less shares available

[sianna1] 26/10/2022 09:35

Rns .. not issue shares withdrawn

[jimduggen] 26/10/2022 08:20

Idiot deramper aren’t you.