Ferro-alloy Resources Share Discussion Threads

[bonney] 06/3/2007 18:38

They went private months ago

[hotfinance14] 06/3/2007 17:25

Who are corporate synergy ?

[hotfinance14] 06/3/2007 07:10

NOTICE

(132)


06/03/2007 7:00am


CANCELLATION OF ADMISSION OF SECURITIES TO TRADING ON AIM

FARSIGHT PLC

Trading on AIM for the under-mentioned securities have been cancelled from 06/03
/2007 7:00am pursuant to AIM Rule 41.

Ordinary Shares of 1p each (0-941-530)(GB0009415307)
fully paid

If you have any queries relating to the above, please contact the company's
nominated adviser on 0117 933 0020

Ref: AIMNOT132

[hotfinance14] 05/3/2007 17:01

Who contacted you ?

[mikeb01] 05/3/2007 12:17

Yes via a phone call which they indicated would be followed up with an email - no email - can't remember what they were offering as a price.

[hotfinance14] 04/3/2007 12:24

Who had interest in buying them ?

[lostandforgotten] 04/3/2007 11:27

I've had interest in buying my suspended share in Farsight plc - Anyone else with similar experience / comments?

[seangwhite] 22/2/2007 10:40

I see ADVFH have now deleted the old quote,not looking too good for the 'watchers' company.

[hotfinance14] 19/2/2007 10:57

It would appear so Seang.

[seangwhite] 19/2/2007 10:24

the news must be being sent by FAR's latest technology , the carrier pigeon!

[hotfinance14] 01/2/2007 10:10

News is on its way!!!!

[seangwhite] 12/1/2007 09:03

Could be candidate to turn into an AIM shell as present business does not seem to be worth much beside tax losses, might make 0.1p-0.2p if someone wants it.
Am not sure if AIM shells are in fashion at the moment though.

[hotfinance14] 08/1/2007 22:13

And they had stated they were becoming cash generative not long ago.

Speak to us!!

[seangwhite] 08/1/2007 22:09

looks like no ones watching now.

[mryesyes] 30/12/2006 23:56

back to stitch up country, hope you only had a few

[seangwhite] 11/12/2006 10:15

Told all those lurking here where this was going back in July - nowhere.

[jotoha1] 07/12/2006 16:39

Has anyone tried to e mail this shower, am only getting a default coming up!!

[olivepeel] 06/12/2006 19:36

seems a long time to sort out not very much

[jotoha1] 24/11/2006 11:28

Have tried severall times to speak to this lady Hampson, but with no avail, certainly capita are not aware of any MBO!!!!

[munchkinpumpkin] 24/11/2006 11:05

Any news Jotoha ?

[jotoha1] 13/11/2006 20:05

Had an interesting chat with my accountant today about this company, and he seems to feel that the concert party invested into this company to realise their max 40% tax benefit by staying with this donkey for 3 years under the AIM umbrella, if thats the case then they will recover their loan plus a bit of a bonus!!!!!!!

[jotoha1] 12/11/2006 18:23

On 28 November 2003 the company negotiated a conditional secured convertible
loan facility of up to #750,000 with a "concert party" of investors in the
company (John Dalton, Robert Davies and Michael James). Subsequent to the
facility being granted secured convertible loans amounting to #450,000 were
issued to the "concert party" during the year ended 31 May 2004 and the balance
of #300,000 was issued during the period ended 30 November 2004. The loans are
secured by a debenture dated 28 November 2003 giving fixed and floating charges
over the assets of Farsight plc, and its subsidiary undertakings Farsight
Security Limited and e-surveillance Software Limited, and by cross company
guarantees in respect of each of these companies. The secured convertible loans
are non interest bearing.

They certainly can sell Farsight Security,the question is what is their game plan, it's certainly not administration , having turned round the operating company, seems very strange indeed!

[hotfinance14] 12/11/2006 10:02

They cant surely.

[daibai] 12/11/2006 10:01

I sent an E mail to Farsight via the web site asking present position. Jean Hampson replied that following a management buyout Farsight security are no longer part of the Farsight Group. She suggested ringing Capita, which I did, they said that the shares remain suspended and there is no further news.


How can they have had a management buyout without an EGM ??