Nautilus Marine Services Share Discussion Threads

[joecase] 11/1/2019 11:52

Worth a punt today at 8p?

[honestmarty] 11/1/2019 11:52

BB

Never truer advice

[biggest bill] 11/1/2019 11:50

Given the history of the management here, this looks like a good opportunity to get out.

[joecase] 11/1/2019 11:48

10p buy before 12am. ?

[honestmarty] 11/1/2019 11:39

The board are rotten Cudmore.

Long history before the name change.

Reads like a high crime thriller.

Even George Bush gets a mention.

Run to the hills.

[cudmore] 11/1/2019 11:29

Honestmarty

Banked a profit but looking at getting back in my friend

[joecase] 11/1/2019 11:15

Good buy at 6p for long term

[honestmarty] 11/1/2019 11:14

You bought in at the peak Cudmore,

You did.

Again.

[cudmore] 11/1/2019 11:11

Bank those profits. Down if goes lol

[joecase] 11/1/2019 11:08

Good punt at 7p

[honestmarty] 11/1/2019 10:55

Cudmore appears.

Lock up your grannies

And flee.

[honestmarty] 11/1/2019 10:52

BOD as rotten as their ships.

Be VERY careful.

[tomboyb] 11/1/2019 10:50

270% -

Should of picked up the first 25k at 4.18p -

Missed it -

[hickersp] 11/1/2019 10:44

This should just keep on going today. Way under valued based upon cash in the bank alone. Would not be surprised to see 10p easily

[tomboyb] 11/1/2019 10:41

at a price of 50 pence per Ordinary Share at a fixed exchange rate of GBP1/US$1.22 (the "Conversion").

[sigora] 11/1/2019 10:32

whats the currency convertion price ?

[tomboyb] 11/1/2019 10:29

Be interesting to see where this ends up end of day -

at 10p still valued at below £5 million -

[babbler] 11/1/2019 10:15

Cash was £10m which is 10 the mcap was this morning on open... been missed by a few imo.

[babbler] 11/1/2019 10:15

Cash was £10m which is 10 the mcap was this morning on open... been missed by a few imo.

[tomboyb] 11/1/2019 10:10

Nautilus Marine Services PLC (AIM: NAUT), announces that on 10 January 2019, the Company received notice from McLarty Capital Partners ("McLarty") to convert the US$7,640,000 Convertible A Loan Notes (as defined and described in the Company's AIM Admission Document published on 16 January 2017) into 12,524,590 ordinary shares in the capital of the Company ("Ordinary Shares") at a price of 50 pence per Ordinary Share at a fixed exchange rate of GBP1/US$1.22 (the "Conversion").

As a result of the proposed Conversion, McLarty will hold 12,524,590 Ordinary Shares in the Company, representing 25.75 per cent. of the Company's issued share capital as enlarged by the Conversion.

Mclarty will hold 25% -

[tomboyb] 11/1/2019 10:09

No it is 50p!

Look at the conversion -

[babbler] 11/1/2019 10:09

Ok whats the deal here? Or more to the point... what am I missing?