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MCI Medcaw Investments Plc

4.25
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Medcaw Investments Plc MCI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 4.25 00:00:00
Open Price Low Price High Price Close Price Previous Close
4.25
more quote information »
Industry Sector
HOUSEHOLD GOODS & HOME CONSTRUCTION

Medcaw Investments MCI Dividends History

No dividends issued between 28 Mar 2014 and 28 Mar 2024

Top Dividend Posts

Top Posts
Posted at 18/7/2023 16:37 by hedgehog 100
Current share price 18th. July 2023: 4.25p (currently suspended)
22,132,095 shares in issue
Market capitalisation: £940,614.


"On incorporation, the Company issued 5,000,000 Ordinary Shares at an issue price of £0.01 each to raise £50,000.
On 10 February 2021, the Company issued a further 4,750,000 Ordinary Shares at a subscription price of £0.04 as part of the Seed Fundraise, raising a total of £190,000."

MCI raised £0.45M. net in its December 2022 float, at 10p/share.
And on 7th. July 2023 raised a further £400K. gross at 8p/share.


21/12/2022 08:00 UK Regulatory (RNS & others) Medcaw Investments Plc First Day of Dealings on the London Stock Exchange LSE:MCI Medcaw Investments Plc

"Medcaw Investments plc, a company formed for the purpose of undertaking an
acquisition or acquisitions in the life sciences sector life sciences sector,
focusing on companies developing medical or wellness technologies and
therapies, is pleased to announce that, following the publication of its
Prospectus on 16 December 2022, a total of 17,132,095 ordinary shares of £0.01
each in the share capital of the Company will today be admitted to the standard
segment of the Official List of the Financial Conduct Authority and to trading
on the main market for listed securities of the London Stock Exchange plc.

Dealings will commence at 8:00 a.m. today under the TIDM 'MCI' with ISIN number
GB00BM8SQP62 and SEDOL BM8SQP6."




07/07/2023 16:12 PR Newswire (US) Medcaw Investments Plc - Potential acquisition of near-term Lithium production asset LSE:MCI Medcaw Investments Plc

"Potential acquisition of near-term Lithium production asset

• Signing of conditional implementation agreement with Abyssinian Metals Limited
• Equity Fundraise & Suspension of Trading

Medcaw Investments plc (LSE:MCI), an acquisition vehicle, is pleased to announce that it has entered into a conditional implementation agreement with Abyssinian Metals Limited ("AML"), a company incorporated in Australia and developing the Kenticha lithium project located in Oromia State, Southern Ethiopia.

Subject to the Company being satisfied with technical, legal, accounting, tax, financial, commercial and environmental due diligence on AML the Company will consider making an offer to acquire up to 100% of the entire issued share capital of AML ("AML Shares") in consideration for the issue and allotment of new ordinary shares ("Ordinary Shares") in the Company to the shareholders of AML ("Proposed Transaction"). As at the date of this announcement no decision has made by the Company whether to proceed with an offer for the AML Shares or otherwise and there is no offer that is capable of being accepted by the shareholders of AML.

AML is a clean energy metals company with a focus on the development of the Kenticha lithium project in which it has a 51% legal and beneficial interest and manager of the project with the Oromia State holding 49%. ...

Details of Equity Fundraise

Medcaw has today raised gross proceeds of £400,000 at 8p per share ("New Ordinary Shares") through an equity placement to various high net worth and institutional investors introduced by GIS Global Investment Strategy ("GIS") ("Placement"). The Company has therefore allotted and issued a total of 5,000,000 new Ordinary Shares in the Company. ..."




From MCI's website:-

"About us

Medcaw Investments PLC (“Medcaw”) is a cash shell listed on the Main Market of the London Stock Exchange MCI:LON. Medcaw has recently entered into binding conditional agreement to acquire Abyssinian Metals Limited ("AML"), a company developing the Kenticha lithium project located in Oromia State, Southern Ethiopia. The Kenticha project is a highly evolved, rare element, Lithium Caesium Tantalum (LCT) pegmatite project comparable to other major rare-element pegmatites such as Greenbushes, Tanco, Wodgina, Volta Grande and Altai No.3. Kenticha is a late stage development asset which AML intends to develop with the production of spodumene concentrate planned in stages, with near-term production through a Dense Medium Separation (DMS) modular plant.

At Medcaw we recognise the significant role that lithium plays in the global transition to sustainable energy solutions. As the demand for clean energy continues to surge, lithium has become an indispensable element in the production of lithium-ion batteries, which power electric vehicles and store renewable energy.

Our primary objective is to identify and acquire prospective lithium mining projects across Africa, a continent rich in mineral resources and untapped potential. We believe that Africa presents a unique opportunity for lithium mining, with its abundant lithium deposits and favorable investment climate. By focusing on this region, we aim to become a key player in the lithium market, meeting the growing demand and contributing to the sustainable energy revolution."
Posted at 13/8/2010 07:08 by andrbea
mci was ca 7.5p in June
With news of new cash injector (Aug 9) looks like it's trying to edge back up;
up 12% today

no volume though and an ugly spread.
Posted at 25/9/2007 14:47 by lbo
McInerney shares dive on house drop
Tuesday, 25 September 2007 14:22
Shares in building company McInerney Holdings have plunged by almost 20% in Dublin after the company said it completed more than 100 fewer Irish homes in the first half of this year compared with the first six months of 2006.

The group finished 257 Irish homes from January to June, down from 362 in the same period last year.

McInerney predicts unit completions will fall short of 2006 levels and will even be below targets set for this year.

However, its private housing profits in Ireland were €12.2m, up from €10.7m in the first half of 2006. Overall, the group has reported first half pre-tax profits of €9.2m, which shows a year-on-year decrease of €2m.

The group's UK business is now its largest component, and it expects this growth pattern to continue. It completed 446 homes to June, up from 268 for the same six months in 2006.

An interim dividend of three cent is to be paid. In Dublin this afternoon, McInerney shares were 34 cent lower at €1.48.
Posted at 02/7/2007 15:09 by ben gunn
MCI could bounce back up with support at 147p.
Ben
Posted at 19/4/2006 06:35 by cockneyrebel
goes ex divi today - some large buys going through pre-open too.

CR
Posted at 18/8/2005 19:45 by scrapman
Can anyone add any up to date comments on this , a freind of mine has been contacted by MCI ,and is looking at it, I can only find older comments and would welcome any current input
thanks
S
Posted at 18/8/2005 19:34 by scrapman
Can anyone add any up to date comments on this , a freind of mine has been contacted by MCI ,and is looking at it, I can only find older comments and would welcome any current input
thanks
S
Posted at 15/2/2005 10:58 by toriel
What assumptions have you made about the debts? It looks as though you are assuming that they remain constant at 92m. This assumption would inflate your future values if the debts were ignored for a couple of years (or if the cost of borrowing rose from 6%), but would suggest that your valuation is too low if the debts were paid down, or if the assumption of further debt allowed an increase in cash flow.

My own feeling is that the company might chose to pay down debt until attractive opportunities for growth appear, and in view of the healthy cash flow the net debt in three years time could be a lot lower than the figure you've used. If, on the other hand, the company remains at its present level of gearing, or gears up to fund expansion in the UK (or Spain), the growth rate should rise, although the risk would too. However, MCI is a stable and conservatively run company, so any increase in risk is likely to be small.
Posted at 14/1/2005 10:05 by toriel
No action on this board for a year, so I thought I'd drop in a comment (which, presumably, no one will be around to read....).

puku wonders why MCI is neglected. It is underrated, but there is the problem that it is also largely unknown in the UK (not quite the same thing as being neglected!)

Being based in Ireland is probably the biggest "problem". However, it is also a potential advantage, since it spreads risk across a second market, in contrast to, say, Ben Bailey, another modestly-sized house builder based in the north of England, which has a much smaller geographical spread.

Of course MCI's offshoot in Spain could work either way. That's an area of tremendous growth, but could be a drag if the Spanish market turns down.

I have what is (for me) a pretty large stake in MCI and am very happy to stay on board for the present. I am looking for quite a bit of growth still in the share price, even though it has been rising for a while, and there's always the possibility of a bid, just as with Bailey.
Posted at 18/11/2004 07:39 by the speculator
MCI Star Trader- trading software.....has anyone used it?

Anyone used it, good or bad ?

thanks in advace

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