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Share Name | Share Symbol | Market | Stock Type |
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Fibregen | FBG | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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2.875 | 2.875 |
Top Posts |
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Posted at 10/9/2009 19:26 by madengland I was being sarcastic, ref the lack of info from the company who I believe promised investor updates. Am as annoyed as the rest of the bb |
Posted at 10/9/2009 11:08 by asparks he should be forced to sell all he owns to give investors something back. Crook. |
Posted at 18/7/2008 12:37 by bubface Origo Sino-India PLCInvestment in HaloSource Origo Sino-India Plc ("Origo" or the "Company") (LSE: OSI) is pleased to announce a new investment in conjunction with Origo Resource Partners Limited ("ORP" or "the Fund"), in HaloSource, Inc. ("HaloSource" or "the group"), a clean technology group focused on water treatment and anti microbial fabric treatment. Origo and ORP have entered into an agreement to acquire a combined equity stake of approximately 11% (on a fully diluted basis) in HaloSource for an investment of US$10 million, through the issue of new HaloSource shares. Origo and ORP will also, as part of the investment, receive warrants on a 1 for 4 basis, to subscribe for further equity at the subscription price. The investment, which is being satisfied through the respective existing cash resources of OSI and ORP, will be split on a 30:70 basis between the Company and the Fund in accordance with the pre-existing co-investment agreement between the two entities. Origo and ORP are joined in this funding round by existing investors, including Unilever Technology Ventures, a fund managed by Physic Ventures. Under the terms of the agreement, Origo and ORP will together be entitled to appoint one director to the board of HaloSource. Founded in 1998, HaloSource has invented, developed and commercialised technologies used in water purification, water clarification and antimicrobial textile coatings used to kill germs and viruses on towelling, bed linen and clothing. Based on technology developed at Auburn University and the University of California, HaloSource has a strong base of intellectual property and know-how, with over 100 global patents granted or pending. HaloSource has its head quarters in Seattle with manufacturing facilities in Raymond (near Seattle), Bangalore and a newly commissioned factory in Shanghai. HaloSource's products are branded and trademarked and the group has a rapidly growing customer list drawn from leading global businesses. For the year ended 31 December 2007, HaloSource reported a revenue increase from continuing operations of 30%, generated through organic growth. During this development period Halosource did not generate a net profit. The group's highest growth revenue stream is based on water purification at point of use, at a price point which makes the technology available to lower income households in geographies such as China and India - where a shortage of drinking water and water related diseases are serious health issues. Origo intends to assist HaloSource, specifically in extending channels to market and advising on operational issues in these territories. The directors of Origo believe HaloSource's proven business model and management team will enable it to grow significantly as demand for its three distinct businesses increases throughout the developing and the developed world. The transaction is subject to normal closing conditions for a transaction of this type and is expected to complete later this month. Commenting on today's announcement Chris Rynning, CEO of Origo, said: "We continue to identify opportunities across a series of fast-growing sectors including the water purification & treatment industry, which will help to meet rapidly growing demand in China and India." "Our investment in HaloSource underlines our focus on working with fast-growing companies where our business development expertise can help to bring about a step change in performance. We look forward to working with the highly experienced management team that HaloSource has assembled to capture the significant growth opportunities available." ENDS HaloSource HaloSource has three businesses, each with distinct brands: * "HaloPure" - kills all germs and bacteria to provide safe drinking water. Aimed at both developing and developed economies in a variety of applications. * "SeaKlear" - provides germ-free, clear water for swimming pools, water parks and other recreational water environments - and "StormKlear" - cleaning of industrial and storm water. * "HaloShield" - an enabling germ and virus-killing technology that has application on toweling products, applications in medical textiles, and military applications. halosource is one of the holdings transferred back to the company as security against st peter port...least somebody likes them!!! |
Posted at 16/7/2008 18:00 by bubface if you want to send that you might as well address it to the chief executive glenn smith at gs@lnrplc.com who can speak for the company.but i would also send to the company's nomad landsbanki securities,jeff keating and simon brown as they are mean't to be the first line of investor protection for aim securities and would or certainly should have approved of all transactions and company realises prior to the events.bonne chance! |
Posted at 11/7/2008 09:35 by turbotrader2 please do not shoot me but apparently it may be done favourably according to a large investor I spoke to last night in desperation. Do not take this as true but it may have meritIm not adding and dont expect anyone else to either nuff said |
Posted at 10/7/2008 15:16 by abadan2 What about the investors who took part in the placing at 30p? I wonder if they will take action against the company as they must have been misled! |
Posted at 10/7/2008 12:15 by asparks Major Shareholders Amount % Holding Broughton Limited 45,000,000 22.07% UBS Wealth Management (UK) 21,339,751 10.46% Savoy Investment Management 12,255,355 6.01% P. Greensmith, Esq. 10,910,499 5.35% Maitland Investmemts Limited 9,386,666 4.60% RAB Capital Limited 7,950,00 3.90% Henderson Global Investors Limited 7,118,799 3.49% Cheviot Asset Management Limited 6,457,675 3.17% none of these has sold - can't be all that bad? |
Posted at 23/6/2008 15:14 by turbotrader2 And if I hear one more politician spouing off regarding "greener fuels" and the fact that overseas investors should be investing in the companies in the Uk I will scream |
Posted at 20/6/2008 13:47 by asparks I wonder what these think:Broughton Limited 45,000,000 22.07% UBS Wealth Management (UK) 21,339,751 10.46% Savoy Investment Management 12,255,355 6.01% P. Greensmith, Esq. 10,910,499 5.35% Maitland Investmemts Limited 9,386,666 4.60% RAB Capital Limited 7,950,00 3.90% Henderson Global Investors Limited 7,118,799 3.49% Cheviot Asset Management Limited 6,457,675 3.17% |
Posted at 12/6/2008 11:52 by mdchand gutsy call jh - hope your right. I think a lot of investors saw value in this share, but having been burnt many times, were waiting for the share to find a floor. |
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