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Share Name Share Symbol Market Type Share ISIN Share Description
Nektan LSE:NKTN London Ordinary Share GI000A12CYF8 ORD 1P (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 14.00p 56,000 08:00:00
Bid Price Offer Price High Price Low Price Open Price
13.00p 15.00p 14.00p 14.00p 14.00p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 13.25 -6.22 -21.80 6.6

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Date Time Title Posts
14/12/201817:21Nektan PLC (LSE:NKTN)577
31/5/201810:01Interview with Nektan-

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Nektan (NKTN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2018-12-14 13:30:3614.255,000712.50O
2018-12-14 13:27:4713.1026,0003,406.00O
2018-12-14 11:27:3713.2525,0003,312.50O
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Nektan (NKTN) Top Chat Posts

Nektan Daily Update: Nektan is listed in the Mobile Telecommunications sector of the London Stock Exchange with ticker NKTN. The last closing price for Nektan was 14p.
Nektan has a 4 week average price of 13p and a 12 week average price of 13p.
The 1 year high share price is 32p while the 1 year low share price is currently 13p.
There are currently 47,412,602 shares in issue and the average daily traded volume is 59,171 shares. The market capitalisation of Nektan is £6,637,764.28.
doodlebug4: Facts are that despite your non-stop obsessive deramping, rich1980p, the share price is in an upward trend.:-)
draft11: hello. if you had traded nktn you d have over 300% gain by now. ive had these more than 1 year now. webis did 800% on us gaming supreme court news. nktn is a heavily manipulated share in my opinion . even gan is kicking its backside. im no fan of gary nor the managment either. they dont listen to any feedback at all hnece why we are stil at low share price before all the us metric ane crypto news rnss. i agree the poster below is an.extreme deramper as it clearly says the Rapidspin issue is someone looking to invest in the company. mcap of nktn also very cheap conpared to 65mill leovegas acquisition. nktn probably does need cash and a stupid placing will not surprise me but the share price should keep rising for a bit. still holding a chunk as you just dont know on which day a big rerate night happen. pip did 175% today
rich1980p: Cats they need to raise circa £20m in the next circa 18 months to repay debts that are due and fund working capital if they do not raise it they will be insolvent that is why share price is where it is Once they sort that co has a promising future but there is massive dilution on the way fornexisiting ores assuming they can raise this money the extent of that dilution depends on view of new investors and bond holders.
catscats: with all this good news I wonder why the share price doesn't rerate - does anyone know if they need money to keep doing/execute the deals...?
errollc: All in good time, I'm sure. Lots of moving parts here... One point for you to consider Rich...the CLN is held largely by the current equity holders. Management have £1.5m or so, plus the debt raised last year (£2m or so), Tosca have a large amount I understand...all of them have massive equity positions (Tosca c.25%?). So why would the loan holders want to crash the equity...doesn't make sense. They all have a vested interest in maintaining a decent share price (protecting their equity) yet maintaining the value of their debt at the same time. Why have (say) £500k of equity and £500k of debt and ,under your scenario, convert at 1p for the debt and get nothing for your equity. You also need to consider that the company is run by a hard working, honourable person (Gary)...he wants to make success of this, despite the many false starts, and make money for equity and debt holders. The debt holders are not as jaundiced as you may think...
rich1980p: Circa £20m of capital requiredNeeds repaying in CASH the company CANNOT convert the bonds if the biz could raise cash even at 10p today this massive risk would go away and share price would likely make progress everyone wants
rich1980p: This is not quantum physics but basic business school 1.01. History tells you when a biZ needs to raise a multiple of its market cap to repay debt that raise practically wipes out existing holders . why? As those putting money in diktate the price as without it biz is b.u.s.t. Bust. So they will want the vast majority for themselves. Look at conviviality a biz generating £50m of profit and it couldn’t get an equity raise done at 15p when the share price was over a quid . Why buy shares now when you know there a. could be 100m new ones coming to market very soon or b. Business is bust. I’m sure everyone agrees that this biz has great prospects but putting all this debt in is a MAHOUSIVE mistake that shareholders will pay cost for. Biz should have done it in equity not debt and if it had these problems would not exist and shareholders would not face a massive financial restructuring and share price may well be a quid but no chance of that now. None. Zip all. Bosh wallop.
rich1980p: Sure it can sort bal sheet but at what s/p? 5p? 10p max if it doesn’t sort it v quick in c 18 months share price will be c 1p
geoffgeoff2: Am staying positive and hearing good things from gib. Think you may find Asia is so positive that your cash flow issues are moot. The conversion of shares will start as the share price will move up rapidly as so little stoc around.
rich1980p: that seems a very fair assessment from what I can tell the business has been let down by incompetent ceos (nissim and gosen) who have failed to deliver profitability but at last maybe Gary Shaw can. the us business could be very valuable but im guessing needs further funding level of share price performance will be held back by dilution and overhang and it needs a proper broker to get some profit estimates out there once they are out and the business delivers against them that is when share price stands a chance of progressing there is always the risk that biz needs further funding but seems to have been successful at raising this in the past.
Nektan share price data is direct from the London Stock Exchange
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