Halosource Cp Share Discussion Threads

[ten bag man] 29/10/2014 08:41

Shares Magazine like this stock ,look for update in the next few weeks.

[smart_investor] 29/10/2014 08:34

The investors bought into the placing AT THE SHARE PRICE (11p at the time)

There must be some sort of incentive for them doing so.

Questions is, what is the incentive?

[ten bag man] 29/10/2014 08:32

Looks like placing shares went to safe long term holders.?

MM would not like that.!!

[protean] 29/10/2014 08:27

Delayed 200k buy @ 13p (quoted offer 12.5p at the time) from yesterday.

Somebody keen.

[smart_investor] 29/10/2014 08:20

Bid on the move this morning 11.75p

[ten bag man] 28/10/2014 17:28

Sounds about right short term 20p, mid term 40p (12 months) then 10p a day rises in years to come.

WE ALL NEED CLEAN WATER.

[smart_investor] 28/10/2014 15:38

LIBERUM CAPITAL - restated buy rating on HALO at 40p!

Liberum Capital restated their buy rating on shares of Halosource Inc. Com (LON:HAL) in a report issued on Tuesday. They currently have a GBX 40 ($0.64) target price on the stock

hxxp://www.intercooleronline.com/stocks/liberum-capital-reaffirms-buy-rating-for-halosource-inc-com-hal/113630/

[smart_investor] 28/10/2014 15:33

Ask has now risen to 12.5p

[smart_investor] 28/10/2014 14:38

Big trades continue!!

Certainly a big shift up on volume today!!

[smart_investor] 28/10/2014 11:09

Talking about the investors potentially buying on the open market.

Are we potentially seeing that today?

Some decent size trades this morning

[smart_investor] 28/10/2014 10:08

James Thompson CFO 'We have just had a real burst of gross margin as a result of the revenue growth. So most of the cash flow burn drop was directly related to revenue and gross margin growing so we are seeing the lines go in the right direction and for the right reasons. We are not saving our way to prosperity'

I like that last sentence!

[jon123] 28/10/2014 10:03

could be anything and yes 50p maybe but remember they placed at 20p n it went down to 5p as u well know

[ten bag man] 28/10/2014 10:00

What about a massive deal .?

Or the thought of tens of millions in profits a few years out.

Could be any number of reasons.

That's why they were a steal at 5p.!,

At 50p they may well be to cheap,(as time goes on.!)

[jon123] 28/10/2014 09:47

must have been a convincing carrot

[21trader] 28/10/2014 09:43

And market cap jumps to 25 million after this placing.

It's not exactly screaming value at me but they got a huge placing away at current price so what carrot was dangled for that ?

[jon123] 28/10/2014 09:41

yes but if they need a placing now there going to run out of money before 2015 there cash flow break even piont

last i looked that was around 7mil so there still burning lots of cash

don't get me wrong i'm not knocking the company i hold and will continue to hold just worrying to me thats all

[smart_investor] 28/10/2014 09:36

jon123

From Martin Coles CEO 'We view 2015 as the year when we are able to make some serious dents on cashflow/breakeven.

We are targetting cash flow break even in 2015"

[jon123] 28/10/2014 09:22

yet another placing but what is worrying me is when r they going to break even or turn a profit and can the highly paid management team go from an r&d project to a profit making company

[ten bag man] 28/10/2014 08:50

HALO have done a placing at 11p.

Not 6p 7p 8p 9p or 10p.

That says a great deal about what the company has in store in the next few weeks and months.

The city has paid the full price for new shares.

WHY?

Why, when most placings only get away at 50% ~ 20% off .!!

Hang on tight for what could be a very strong run.( in my view)

[smart_investor] 28/10/2014 08:12

Also if they like what they heard, then we may be seeing them also buy on the open market...

[smart_investor] 28/10/2014 08:10

Placing at today's share price!

The investors like what they hear it seems to buy at 11p

[smart_investor] 28/10/2014 08:05

HaloSource, Inc.

Placing to raise £7 million

HaloSource, Inc. ("HaloSource" or "the Company"), the clean water and antimicrobial technology company, announces the successful conditional placing of 63,636,363 new common shares (the "Placing Shares") to existing investors (the "Placing") at 11 pence per Placing Share (the "Placing Price") to raise approximately £7 million.

HaloSource intends to use the net proceeds of the Placing for general working capital purposes and to fund expansion of its Drinking Water and Environmental Water business segments. Liberum is acting as sole broker in relation to the Placing.

The Placing Shares will be issued credited as fully paid and will rank equally with the existing common shares, including the right to receive all dividends and other distributions declared in respect of such shares after the date of their issue. The Placing Shares will represent approximately 29% of the enlarged issued common share capital of the Company. Following the Placing, the total issued common share capital of the Company will comprise 220,230,404 common shares of no par value trading on the AIM market of the London Stock Exchange plc ("AIM").

The Placing is conditional on, inter alia, the Company obtaining: (a) sufficient approval from the existing shareholders to amend the articles of incorporation to increase the authorised share capital of the Company; and (b) the requisite number of waivers of existing shareholders to issue the Placing Shares without having to make a pre-emptive offer to existing shareholders. On obtaining the requisite shareholder approval and waivers, the Company will apply for admission of the Placing Shares to trading on AIM ("Admission"). Admission is expected to occur at 8:00 a.m. on 18 November 2014 (or such later time as Liberum and the Company may agree, being not later than 8:00 a.m. on 2 December 2014).

The appendix to this announcement (the "Announcement"), which forms part of the Announcement, sets out further details of the Placing and the action to be taken by shareholders in relation to the waivers to allow the Placing to occur.

[smart_investor] 23/10/2014 09:25

Routine small sells yesterday of £1000

However nice 100k buy

[smart_investor] 23/10/2014 09:24

Buy Low & Sell High!!