Microsaic Systems Share Discussion Threads

[dave4545] 08/2/2021 15:48

Also assuming all warrants exercised if it got back to 0.5p market cap would be around £40 million

Before placing market cap would be £2.5 mil.

There's a lot of recovery priced in here before it even starts and I know GB has a good track record. I was in Skin at 0.44p when price was dead, thread was dead and the herds were nowhere to be seen and market cap was £2 mil.

[dave4545] 08/2/2021 15:43

Have to agree.

Once again it's the mindset of the decimal stocks.

If they raised £5 mil at 100p per share would so many small pi's be piling into this
at 250-300p today ?

That's because you only get 1000 shares at 300p, at 0.3p you get 1 million for a £3k punt, it looks a lot nicer to a small punter but to the vendors all laughing in at 0.1p it's even better.

[onehanded] 08/2/2021 15:35

This company was 1 month away for going into administration, no revenue, no cash and worth less than 1 million, now has 5 million is cash lol. Still no revenue...

[astralvision] 08/2/2021 13:11

Well done nik, it's good that erroneous info is corrected.These news providers like sharecast just take the rns and rehash it. Wouldn't be so bad if they could get the salient points correct!

[nik7907] 08/2/2021 13:07

I did write to HL so point out the error

[dave4545] 08/2/2021 12:58

lol did you see the 2 x 500k sales one second apart.

Another nice easy profit for tops, onto the next pump and dump, 20 per week easy money.

twitter is just awful now, so many conmen on it

[astralvision] 08/2/2021 12:18

In fact share cast made a complete Horlicks of the whole thing. GB subscribed for 90m shares @0.1p, inc 50m we subsequently learn subscribed by his wife. £90k is still a reasonable vote of confidence. GB also received 50m shares valued at 0.1p in lieu of fees.av

[astralvision] 08/2/2021 12:13

mallorca 9The information on the HL site is incorrect, they've got the decimal point wrong, imo.The release on Friday gives you all the info you need to know.GB certainly didn't pay 1p for his shares, he got the shares in the placing , at 0.1p.He's hardly likely to pay 10 times the placing price!!!So £50k, not £500k.Poor show from share cast news, always check the original release.ATBav

[nik7907] 08/2/2021 11:42

From the dvrg RNS this am

"The 194,942 shares were owned by my wife and she is using GBP50,000 of the total proceeds of her disposal to acquire 50,000,000 ordinary shares in Microsaic Systems plc. The timing of the disposal directly relates to the settlement date of the Placing announced on 5 February in a separate notification from Microsaic Systems plc."

[mallorca 9] 08/2/2021 11:21

Nik,

again just thinking about your post ....

you are correct that the recent oversubscribed placing was at 0.1p.

The Chairman then made an additional purchase over and above the placing.
This additional purchase was 50 million shares at 1p ..... this being the market price for a purchase of that size.

As above, this is recorded on the Hargreaves Lansdown site .... shares/ director buys.

[nik7907] 08/2/2021 10:26

Wasn't it 50 million at .1 p ? so £50000, and it looks like it was Mr Brandon's wife that bought. Not invested here, just on my watch list

[mallorca 9] 08/2/2021 09:34

Only £15m market cap with £5m cash recently issued.
Chairman purchasing 50 million shares at 1p.

I have now bought into this

[mallorca 9] 08/2/2021 09:19

Last week the Chairman purchased 50 million shares at 1p !
£500k purchase.
Quite a vote of confidence !

[hodhasharon] 08/2/2021 08:54

Looks like this is going to be this weeks 100-200% riser. The Twitterati are out in force.

[dave4545] 08/2/2021 07:56

perhaps somebody premium like paddyfool can start a new thread because you can see I'm not sharing the enthusiasm for this one now.

[dave4545] 08/2/2021 07:54

It's great !

It's liking going to the checkout with your weekly £100 shop and seeing somebody else
paying £30-40 for the same goods.

I'd buy 500 million if I could get 0.1p and then I'd offload 0.2p+ easy money

[the yard] 08/2/2021 07:42

TIDMDVRGRNS Number : 2312ODeepverge PLC08 February 20218 February 2021DeepVerge PLC("DeepVerge" or "Company")Director/PDMR ShareholdingThe Company was notified on 5 February that Mrs Dagmara Brandon, the wife of Mr Gerard Brandon, the Company's Chief Executive, had on 4 February sold 194,942 ordinary shares of 0.1p each ("Ordinary Shares") at an average price of 32.05 pence per share. Mr Brandon's shareholding remains at 8,219,901 shares, representing 4.83 per cent. of the Company's issued share capital.As a result of this share disposal, the Board has become aware that, inadvertently, Mrs Brandon's holding has not been included in Mr Brandon's shareholding disclosed in previous "Director/PDMR Shareholding" notifications since she acquired these shares on 20 November 2018 at an equivalent price of 6.5p per share (taking account of the recent 10:1 share consolidation).Gerry Brandon, CEO of DeepVerge, commented:"The 194,942 shares were owned by my wife and she is using GBP50,000 of the total proceeds of her disposal to acquire 50,000,000 ordinary shares in Microsaic Systems plc. The timing of the disposal directly relates to the settlement date of the Placing announced on 5 February in a separate notification from Microsaic Systems plc."

[dave4545] 07/2/2021 20:46

Yeah nice for those in at 0.1p

For those paying 0.25p+ that's 150% more

I bet if this was a 100p raise and price was 250p to buy it would not be so popular
but for some reason decimal stocks seem to be a easier push

[paddyfool] 06/2/2021 16:47

David,
yes I do disagree. But lets not fall out over it, you are as entitled to your opinion as I am. I participated substantially in the recent raise, but not before doing my research and understanding the nature of the institutional shareholders. Im in for the medium term at least.

[paddyfool] 06/2/2021 16:46

David,
yes I do disagree. But lets not fall out over it, you are as entitled to your opinion as I am. I participated substantially in the recent raise, but not before doing my research and understanding the nature of the institutional shareholders. Im in for the medium term at least.

[dave4545] 06/2/2021 11:17

Paddy.

There is a massive bubble in stocks atm and lots have insane valuations for little or no profits made by the companies.

I'm not saying the new team will not deliver, they have a good track record.

The point I'm making is in the old days if this got to 0.5p that would be a market cap of around £2.5-3 mil, if that happens again now with all the warrants etc etc that would be a market cap of £40 million.

The dilution has killed this. There's no value, others might disgaree

[paddyfool] 05/2/2021 21:49

look at KIBO. a component part MAST was separated within the capital structure. Against that component part they went to market and raised £5 million on a pre money valuation of £15 million. The offer was substantially over subscribed. As yet this is not reflected in the Kibo share price, though the price has moved in that direction and continues to do so. There is nothing ridiculous about a rebate after a company has been recapitalised. dyor

[dave4545] 05/2/2021 19:23

lol

I saw tops ramping msys on twitter and spotted his usual 2 x 500k at just under 0.22p

They will get dumped for 0.25p if it gets there.

Too many shares in issue at 0.1p for me to get involved. at 0.3p market cap becomes 20 mil+

ridiculous, it was £1 mil before the placing and nobody was touching it.