Graphene Nano Share Discussion Threads

[leafysuburb] 01/7/2017 07:32

Good observations statistical.

Yesterday though I think was more about the market makers instilling some overdone panic themselves with a flash fall of widened spreads and half and 3/4 point falls off very little trading volume. That normally signifies to me a gathering of stock phase by them.

The company though is not that far off completing the debt restructuring of the business so I would not be surprised if it climbs back up next week to above 3p again.

Definitely agreed that there should be a substantial bounce post Darwin departing.

Own due diligence.

[statistical] 30/6/2017 15:56

Darwin pretty much have this market to themselves and are exploiting the panic here. Based on whatever 5 days they select they may well achieve a vwap for their allocation of < 2.5p. Even if there is no new news from the company the share price will bounce once Darwin are finished.

[leafysuburb] 30/6/2017 14:40

Buy opportunity being presented again

For somebody is what I think.

All smoke and mirrors.

[fake news network fnn] 30/6/2017 11:28

Next news

Delisting is coming and we will see

spread 0.1p bid and offer 0.5p

[barnetpeter] 30/6/2017 11:20

Going broke...look at the debt and near zero revenue. In at 4.5 on a bad punt....not much point selling now. May well get a spike if they do get a big order.

[leafysuburb] 30/6/2017 11:17

The market makers induced some panick this morning and immediately dropped it about 3/4 to a full point and bagged some shares.

I'm not surprised to see it climbing back up.

There has been solid progress made and the dip looks to have tempted in a few.

The share price has dropped several points on in reality no real volume and in consequence you have had several millions taken off the market cap for actually only a few thousand of pounds worth of shares traded.

Don't be surprised if it ends even or thereabouts.

[1sillydoris] 30/6/2017 10:26

This has always had a bad smell. . . Inspite of excessive ramping which has conned the gullible, tempted the chancers and gamblers. . . the view from where I sit looks like a very murky black hole . . . . .

The one thing you can be sure of is when it finally expires the directors will be many Ringgit richer . . . . .

[statistical] 30/6/2017 10:18

In the absence of a major contact win or completion of the asset sales the share price will only go down until Darwin are finished selling.

[itsmyshares] 30/6/2017 10:00

Everytime this drops I think I like to have some funds now to have a dabble and then it just keeps dropping more. I am now glad I am not a trader.

[plunger2] 30/6/2017 09:18

Bust it may or may not be but the m/cap is now so low it's irrelevant.

I'd expect half of the punters on this board to command a higher m/cap than £3m - based on their verbosity alone - if you could list them.

Leave GRPH alone I say and pick on something your own size!!

[itsmyshares] 30/6/2017 08:57

Yes bust they will be. Still glad I closed out yesterday. As was not worth the risk for an extra 0.1p.

[leedskier] 30/6/2017 08:51

In that respect it is no different position to many other Aim and Main Market companies in the O&G sector.

[1sillydoris] 30/6/2017 08:44

What a load of tosh . . . this is effectively bust no matter what padded out superfluous spin they can conjure . .. .

[leedskier] 30/6/2017 08:20

Yes.

I just picked up 30K shares at 3.22p.

[tini5] 30/6/2017 08:12

Buys showing as sells.

[itsmyshares] 30/6/2017 08:03

Thanks anyway and the 3 other shares I have results on today are all amazing.
Specially CNEL and I only had £160 pp in this.

[leedskier] 30/6/2017 08:01

itsmyshares,

do not criticise yourself for closing out yesterday.

If the RNS had perchance not been posted today, trust me the alternative life forms who infest ADVFN BB would have been all over you this morning, basking in your suffering.

There is a long way to go for the share price of this Company.

As is the case with all Aim shares, it will be volatile, but there will be opportunities to make money.

[leedskier] 30/6/2017 07:52

New auditors ...


Mark Ling - Partner
Mark has wide experience with business and tax matters. As head of PKF Littlejohn’s corporate finance division, Mark has led teams involved with numerous listings of clients on the London Stock Exchange, management buy-ins and buy-outs and related corporate finance activities. He has particular expertise in bringing international businesses to AIM from a wide range of sectors, a role which has brought him into contact with the majority of nominated advisors and brokers representing AIM companies. Mark undertakes due diligence reviews for venture capital funds and clients alike which often results in extensive international travel.

As well as his role in the AIM market, Mark has a varied audit and tax portfolio of growing entrepreneurial clients.

[itsmyshares] 30/6/2017 07:47

You must be the only one left here to enjoy any rise there maybe.
As I and most of the others thought the suspension notice had to be issued first thing. I am shocked the results are out instead. However I should of stuck with them, because it seems most companys issue their results on the last day. As 3 of my other shares have results today.

Long term this share is still bust and I will never put a penny in it ever again.

[leafysuburb] 30/6/2017 07:44

Real strong overtones on the debt restructuring that its at the finishing line for me and overall it doesn't read too bad.

As for the shares they look to me like they are in oversold territory.

Lets see what the market brings today

[leedskier] 30/6/2017 07:21

Jespal Deol, Chief Executive Officer of Graphene NanoChem, commented: "Amid a difficult and challenging period for the oil and gas industry, we took the decisive action to execute a holistic turnaround plan for Graphene NanoChem in 2016 with the firm intention to address our challenges head on, internally and externally.

Our primary focus was debt reduction and a significant milestone achievement for us is the successful completion, subject to customary conditions precedent, of the debt rationalisation plan that has seen the conversion of our short term debt into a longer term debt and a repayment tenue mapped against the business plan of the Group. This effectively allows the Group to conserve cash outflow against debt repayment and deploy its funds towards stabilising the business. We anticipate that the debt restructuring exercise undertaken to now be unconditional by the end of the 3rd Quarter 2017 post completion of the administrative process and other conditions precedent, including non-core asset sales

We continue our strategic move towards an asset light approach business structure that enables us to refocus operations on our core competence of value addition leveraging on strategic partnerships, business collaborations and outsourcing models to deliver our solutions.

We are now entering the third phase of our Turnaround Plan, and to this end, our business platforms have been structured around three core areas that offer a diverse range of applications for potential and use - Nanofluids, Water Treatment and Polymers for Building Materials.

Our main priority now is securing contract wins and accordingly we are currently engaging in a number of activities to do just that. We look forward with confidence and optimism. That is where our immediate focus is."

[leedskier] 30/6/2017 07:18

Graphene NanoChem (AIM: GRPH), the international provider of nanotechnology performance enhancing solutions for global industries, announces its audited results for the 12 months ended 31 December 2016. These results relate to business conducted by the Group, trading as Graphene NanoChem plc (the "Company" or the "Group").

On a stronger footing

· Debt rationalisation plan completed albeit customary conditions precedent pending

· Successful fund raise to support working capital needs

· Proven technology platforms across 3 divisions

· Strategic partnerships bearing stronger sales channels