Infinity Eng. Share Discussion Threads

[ryan83] 04/8/2017 09:00

Moving to 0.2 soon enough

[oilbuy] 27/7/2017 22:47

Hopefully UK onshore

[carbon man] 27/7/2017 17:35

Which stock are you puffing?

[rmsl1] 27/7/2017 07:27

Which one ???

[oilbuy] 27/7/2017 06:07

Volumr breakout above the upper bollinger band. First time since the March spike up. RTO of UK onshore oil and gas company.

[oilbuy] 24/7/2017 12:33

Looking good here. Over 100M traded and not being sold down. Sticky hands holding shares

[rmsl1] 24/7/2017 12:28

Nothing to do with INFT^^ ! Out of Scope.

[oilbuy] 24/7/2017 10:15

Second wave, that says it all

[jamdan1] 24/7/2017 08:59

Looks like people just momentum trading

[oilbuy] 24/7/2017 08:55

Apparently it's game on !

[falia] 24/7/2017 08:44

SOMETHING LEAKED, IF WE HAVE NEWS EXPECT 300-500%TER

[jamdan1] 24/7/2017 08:19

What's going on here then..news due?

[rmsl1] 24/7/2017 08:19

Will come back green at the end of the day as usual ;) ! Although I'm holding under .13, only RTO on his way will make this baby goes over this level...

[oilbuy] 24/7/2017 08:13

28M traded

[113mike] 24/7/2017 07:53

Why's that? There's no reason for it to..

[oilbuy] 24/7/2017 07:49

Going to move this week

[hedgehog 100] 17/7/2017 16:39

I agree Noirua.

If they suspend for a RTO now, they then only have 6 months before delisting.

Whereas if they wait until October before suspending, they then have a further 6 months from that point before they would have to delist.
It may be wise to give themselves the flexibility of that extra time.

[noirua] 17/7/2017 14:31

Everything is on the reverse takeover move. May be a few months before news arrives.

[oilbuy] 17/7/2017 09:55

Chart bottomed

[oilbuy] 17/7/2017 09:55

Is this it

[jamdan1] 17/7/2017 09:50

Can't buy many....having to go to limit order

[letmepass] 07/7/2017 21:43

Looks like a cancellation to me

[hedgehog 100] 07/7/2017 16:19

phil1969 21 May '17 - 13:18 - 196 of 205 0 0
" ... Now that puts some perspective and numbers on a real valuation of INFT if similar was to happen here and with GW holding 26% of INfT it's in his best interests to ensure existing share holders get a fair slice.
So let's be pessimistic and assume GWs assets are only worth 20% of Third Energy's. You're still staring at a £100m valuation with £50m being held by existing investors and £50m going to the new investors.
That's still 20 times current share price for existing holders. ..."


Phil,

What you're supposing is that INFT would acquire a RTO (reverse takeover) target which is worth about £50M., with £50M. raised in cash to accompany it.

INFT would pay for that fully or largely by issuing its own shares in exchange.

In a RTO the acquiring shell will at least double the number of its shares in issue to pay for the acquisition, but it can be multiples of that.
In some cases the former shell is left with just a few per cent of the enlarged equity.

And if GW and his family hold 100% of the takeover target, his primary interest will be in maximising the share of the enlarged equity held by that target after the acquisition, as opposed to the shell in which he holds just 26%.


The RTO price may well be higher than the current share price of 0.0875p, but nothing like the price you suggest.

GW may though try not to price it at less than the 0.13p paid by investors in the last placing.


Timings with RTOs can be hard to predict, but the RTO here has been mooted for years, and things have always moved at a snail's pace.

That being the case, I'd be surprised if that changes now.

[deltalo] 28/6/2017 09:10

Looking good for a blue day. All buys so far and L2 with 5x mm's at 0.9 and only 1x mm at 0.95. It's about to move very soon. Very good price to buy.