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IMIC Intl Min&IN Crp

9.75
0.00 (0.00%)
09 May 2024 - Closed
Delayed by 15 minutes
Intl Min&IN Crp Investors - IMIC

Intl Min&IN Crp Investors - IMIC

Share Name Share Symbol Market Stock Type
Intl Min&IN Crp IMIC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 9.75 01:00:00
Open Price Low Price High Price Close Price Previous Close
9.75 9.75
more quote information »

Top Investor Posts

Top Posts
Posted at 24/4/2019 16:04 by horneblower
There is no money or mine or stock so what has the price of iron ore got to do with it?
Posted at 22/6/2018 07:50 by deltrotter
Strewth parthus, gloating is not my intention.

You are correct, I have no loan notes. I got out of this in the nick of time and did well out of it. That was absolutely sheer luck on my part. I could have been trapped like you guys and gone through hell for years.

I sincerely do feel for you all. Private investors getting mugged once again. It is not on.

Some day I hope we can share a beer together. I will pay for it.

Cheers

Del
Posted at 11/12/2017 08:38 by irenekent
Got us over a barrel if you ask me. The mysterious large investor will probably emerge and offer us a ludicrously small amount to sell out.
Posted at 30/11/2016 15:42 by richard157
There were several institutional investors in Afferro and they would no doubt be following the situation closely and maybe in dialogue with IMIC. I guess in reality it's the institutions who would have the votes to carry or reject the proposal. The voting process is pretty clear and I can't see how anyone could rig it.
Posted at 18/11/2016 15:36 by woodpeckers
Absolutely che and the following post copied from the other thread suggests to me that there actually is a bit of hope here. Why otherwise would they be attempting to push the proposal through? I haven't yet received my notice, don't know if others have?

1buy and hold posted this earlier today:

I have today received a notice of a Loan Noteholders meeting to be held at the Holiday Inn, Leicester on 13th December at 10.30am. The purpose of the meeting is to vote on a proposal to cancel the right to convert, cancel the requirement for IMIC to obtain a listing and to revoke "any existing notice for repayment by any Loan Noteholder". Unfortunately I shall be unable to attend, but shall be voting by post against the proposal. The cancellation of the necessity to list and the right to convert seems to be against the interests of the noteholders, and I believe has only been made because the company is afraid the noteholders could end up with the bulk of the company's shares. The revocation of existing notices for repayment suggests that I am not the only one seeking immediate repayment on the grounds that IMIC has not fulfilled its obligation to obtain a listing. I shall probably not take legal action against IMIC because of the legal costs and the fact that the company is insolvent. I shall email Investors Chronicle to see whether one of its journalists would take up our cause, but I suspect they will think we are too small a group of people to be of interest to many of their readers.
Posted at 18/11/2016 13:23 by 1buy and hold
I have today received a notice of a Loan Noteholders meeting to be held at the Holiday Inn, Leicester on 13th December at 10.30am. The purpose of the meeting is to vote on a proposal to cancel the right to convert, cancel the requirement for IMIC to obtain a listing and to revoke "any existing notice for repayment by any Loan Noteholder". Unfortunately I shall be unable to attend, but shall be voting by post against the proposal. The cancellation of the necessity to list and the right to convert seems to be against the interests of the noteholders, and I believe has only been made because the company is afraid the noteholders could end up with the bulk of the company's shares. The revocation of existing notices for repayment suggests that I am not the only one seeking immediate repayment on the grounds that IMIC has not fulfilled its obligation to obtain a listing. I shall probably not take legal action against IMIC because of the legal costs and the fact that the company is insolvent. I shall email Investors Chronicle to see whether one of its journalists would take up our cause, but I suspect they will think we are too small a group of people to be of interest to many of their readers.
Posted at 03/8/2016 12:15 by alexm72
Anyone have any idea why some investors contacted the SFO about IMIC?
Posted at 12/12/2015 07:23 by irenekent
This is rigged - my brokers have sent me nothing. Its always the same. If its China, Africa or South America and on AIM forget compliance. AIM should be closed down as its function seems purely to screw investors.
Posted at 19/11/2015 08:57 by irenekent
It looks as if there are others amongst us, presumably institutional investors, who have a bit more clout and are not prepared to be ridden over rough-shod by this bunch of cowboys. I am sure they will be addressing the question of the sequestering of the assets to Caminex to the detriment of us loan note holders. If there are enough of us to get 75% of the vote, maybe we can also change other things with this company. Maybe even replace the directors.
Posted at 11/11/2015 09:32 by scorpione
Diesel wishful thinking perhaps and I take your point however they managed to attract investors for their latest bond proposal. There must be investors out there prepared to sit out the long recovery in commodity prices and China's continuing development; especially if they are offering juicy interest of 15% pa!

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