Fireangel Safety Technol... Share Discussion Threads

[oldham45] 02/10/2024 08:41

Hope someone can throw some light on this for me please. I hold shares that are idle in the share account and with the delisting, how does this affect my ability to re coup the value. Do I have to sit on them for the foreseeable, or other options.

[tiswas] 16/7/2024 13:29

Thanks guys. iDealing have not credited me with the funds for a small number of warrants I hold so I will chase them for that.

I wonder if we will see FA relisted in a few years time?

[gnnmartin] 16/7/2024 12:28

I got my cash on 10th July, for both shares and warrants.

[tanneg] 16/7/2024 12:12

ii paid my share proceeds on 28/6 and warrants on 2/7

[harrogate] 16/7/2024 12:04

Yes got all my share money in various accounts. Didn't have warrants

[tiswas] 16/7/2024 11:47

Anyone seen any funds yet for shares or warrants?

[gnnmartin] 24/6/2024 17:44

My broker, disappointingly, did not know there was value in the warrants. I'm still nervous that they may not fill out the appropriate forms.

[thaiger] 24/6/2024 16:41

IWEB is useless! They didn't know whether there was any value in the Warrant!

[billybunter1970] 20/6/2024 14:45

By my calculations there are about 55m shares that have not accepted the offer.
I wonder which of the big boys own a big chuck of those?
Could a last minute bid be on its way?

[billybunter1970] 18/6/2024 08:14

Has everyone accepted the offer? It looks like the plan is to delist from AIM after the takeover, so idle holders could get trapped.

[tiswas] 30/5/2024 19:15

Yes, spot on gnnmartin.

[gnnmartin] 30/5/2024 18:21

I believe that the warrants get 4.4p each, being the 7.4p offer price for shares, less the 3p strike price of the warrants.

Not sure whether you need to do anything to get the warrant money, I don't expect so, but nudge my broker in case he needs the nudge.

[thaiger] 30/5/2024 15:27

Didn't realised there is money in the warrants? How much will you get per warrant?

[tiswas] 30/5/2024 10:02

Yes, hats off to the buyer for sticking with this and not letting it fall in to administration.

The gambler in me looked at buying in again on the recent falls but I really thought the odds were stacked against it this time.

And having had a very narrow escape from a mid five figure loss at one time to what will now be a small four figure loss after getting the warrants money it has been an investing lesson that I do not want to repeat.

Good luck Fire Angel going forwards!

[thaiger] 30/5/2024 09:28

Cash offer back on!

[the big fella] 24/5/2024 08:26

I have made a few quid on Chapel Down. I live in Kent so take advantage of the numerous shareholder privileges as well!

[microscope] 23/5/2024 15:45

Good shout! Yes never overcame my cynicism about England becoming a top wine producer, not one I ever touched.

If dear old Minoan could ever get the Foundation to sign something, even now the saga, for saga it most certainly has been, might bring a happy ending. Recent volumes and increases in nms certainly indicate that something is afoot. over 1pc of the company twice traded in single days in the last fortnight or so.

A couple of years ago Surface Transforms was looking hopeful but management has seemingly, imo anyway, lost the plot.

One Media remains niche, they thought they had a ground-breaking anti-piracy product, but seems they didn't convince the market to take it up.

[the big fella] 23/5/2024 14:53

Not many survived but the few that made it to AIM aren't exactly flourishing. The only one I can think of would be Chapel Down which I think were English Wines on OFEX. They look to have a bright future and are highly rated atm.

[microscope] 22/5/2024 11:47

I know a few of you here are from Ofex days. So many companies at the time there that promised, or appeared to promise so much.I'm trying to think of a single one, I'm sure there must be a few, that are currently flourishing.Anyone?

[oldtimer169] 17/5/2024 07:42

Offer update RNS out

[tiswas] 17/5/2024 07:41

I might get my warrants money after all though would not be totally surprised if the requirements and the litigation still made them walk!

[scorpione] 09/4/2024 15:47

Has anybody got a clue, about the low volume increase?

[the big fella] 28/3/2024 23:31

Graham Whitworth’s heart was always in the right place. Far too many poor decisions from all involved for them to be classed as a string of bad luck. I actually made a lot of money from these on the way up from the OFEX days. Easy come easy go. The only saving grace for me this time is I had the sense to get out rather than wait for the extra 10% from the offer. Some consolation but not much. Hey ho. Off to the States tomorrow so not all bad.

[microscope] 28/3/2024 22:15

Oh dear, I thought shareholders had at least received some solace through the offer, but even that seems very unlikely now.

I've been here myself with another company and my heart genuinely breaks for all of you involved. I was a holder in OFEX days of this one and made a few quid,(lost elsewhere!).

My red flag was when new management kept on some of the previous people. I seem to recall someone (TBF? and apologies if not), saying they liked and knew one or more of previous management. But for me personally, that's not the point. They might be the nicest people imaginable, but that doesn't automatically make them good businessmen. Companies like Minoan and Byotrol have gone down a similar route.

Think that's my takeaway from this, good guys aren't always the right guys.

Whether I'll learn this lesson, only time will tell!! Hopefully the lawsuit gets thrown out or settled at a low level, and you'll still get something back.

[the big fella] 28/3/2024 16:34

Well I managed to lose about 250k on the way down here so I am in no position to comment. You pays your price you takes your chance. At least I have managed to offset a few capital gains over the last couple of tax years. An unmitigated disaster which I called wrong pretty much from when I reinvested.