Netscientific Share Discussion Threads

[dave4545] 01/7/2021 12:09

Here they come

Cannacord with 11%

[blakieboy7] 01/7/2021 09:39

Expecting more blue based on pdsb movement alone

[dave4545] 01/7/2021 08:54

Just shows how desperate the UK penny share market is now.

PDSB back to 12.5 and NSCI struggling to rise a few pence.

At these prices a few weeks back people were happy to pay 200p+ and now it's struggling to get back to the placing price.

But's it 122.97p to buy online almost full offer so still time for more action

[kalkaar] 01/7/2021 08:52

Trowers & Hamlins has advised AIM-quoted NetScientific plc (AIM: NSCI), the life sciences and sustainability technology investment and commercialisation group, on its oversubscribed £7.7 million fundraising.

Following its acquisition of EMV Capital in 2020, and its fundamental change in strategy and management drive, the NetScientific group has acted to realise the underlying asset value in its portfolio companies and their potential to deliver shareholder value. This includes exploiting established trans-Atlantic business and expanding international presence to maximise the growth of its subsidiaries and portfolio.

The placing of new ordinary shares was carried out by WH Ireland Limited by way of an accelerated bookbuild and was approved by shareholders at a general meeting. The net proceeds of the placing will be used to continue to drive strategic growth plans, including commercialisation and project delivery within the group’s portfolio, further judicious investment in the group’s portfolio and new opportunities, and further exploiting the trans-Atlantic relationships.

Corporate Partner, Ed Hooper, led the Trowers team, assisted by solicitor, Isabelle Kilner, and trainee solicitor, Tom Bilton.

Ed commented:

“This oversubscribed fundraising is testament to the fantastic progress achieved by the NetScientific team in a year of turnaround and transformation. It was a pleasure to advise the business on its latest fundraising, and we look forward to supporting the continued success of the company's exciting growth strategy.”

Ilian Iliev, Chief Executive Officer of NetScientific, commented:

“We are grateful to Ed and the Trowers team for their support and pragmatic advice in delivering this transaction. We have worked with Ed for many years and his knowledge of our business, and commercial approach to structuring and executing transactions has again ensured a swift and efficient completion process.”

[kalkaar] 01/7/2021 08:44

noticed decent accumulation in the background last few days.. there've been decent size sellers but seems each time we dip there's decent buying support.. especially in the teens..

shaping up nicely to make the move to back above the placing price..

[dave4545] 30/6/2021 22:39

Guess those late buyers before the close had noticed PDSB starting to motor.

Just to point out when PDSB was around 13 before the fundraising NSCI was being chased to 200p so with them buying stock in the placing at 8.5 and the price now 12.5 you'd think this might have legs tomorrow at 120p, it's 80 cheaper !

[4vik] 30/6/2021 21:32

Yes, nothing to see here

[blakieboy7] 30/6/2021 20:53

Pdsb up 7% - expect a blue day tomorrow

[the stigologist] 30/6/2021 18:02

PDSB

Could be about to cure Covid and cure Cancer

No big deal

Mkt Cap c.$300m

NSCI own c 5% and reckon it could be worth $5bn+

NSCI Mkt Cap £24m

[dave4545] 30/6/2021 15:51

You watch the traders pile back in when somebody interesting announces a new stake.

Had it with WSG when HSBC bought in

[kalkaar] 30/6/2021 15:49

another TR1:

PI looks not to have taken up placing either

not all bad if all new money at 130p - that'll be the new reference point for the new investors..

expecting some to be significant holders (>3%) given £7.7m was raised

i would have thought so anyhow..

[dave4545] 30/6/2021 11:12

They do not need to with such massive holdings already.

Day traders have little patience, if it drops a few more pence the 120-124p sellers will buy back in

[kalkaar] 30/6/2021 11:09

CEO small participation personally (£30k) but not for his company

Lawson - didn't take up (think he's got his hands in a few pies already)

[loafofbread] 30/6/2021 10:59

I'm being lazy but did they take up any of the placing?

[kalkaar] 30/6/2021 10:53

TR1's post placing from main holders:

CEO: 19.09% (previous c.24%)

Melvin Lawson: 16.36% (previous c.22%)

Equiv. 35% of share capital


New investing institutions who participated in placing should be next to TR1

free float still very limited - which should make for an exciting ride (albeit choppy)

[kingston78] 29/6/2021 12:06

A V shaped reversal upwards will take the share price through 210 p.

[dave4545] 29/6/2021 12:03

How come ?

Nobody that sold yesterday or today has been able to buyback cheaper

125p offer atm, best bid price has been 124.05p

[investordave] 29/6/2021 11:15

They don't seem to be locked out now.

[dave4545] 29/6/2021 11:06

Sellers all locked out atm

122-126.4p online now

[dave4545] 29/6/2021 09:00

Yesterday's buyers taking 2-5p profit today, too soon for me

PDSB finished close to 12 and when it was 13 this was racing to 200p

So think they will all be buying back higher soon when it tests 130p again

[nextlink] 28/6/2021 23:11

Ponzi SYME

[peaky00] 28/6/2021 22:50

Why are all ur posts marked down?

[the stigologist] 28/6/2021 19:51

After a 200% move and traders getting caught out by a Placing always going to be some temporary digestion/churn in the shares

That seems to be over or near over with the 20 day EMA providing support with the 50 day EMA rising rapidly as well

Next news should see us move significantly higher as the Fair Value continues to rise driven by the excellent underlying portfolio of game changing technology companies



I expect £5-10 in the next year

[kalkaar] 28/6/2021 18:20

Those 130p trades are buys..

Placing investors have backed the company to deliver.. but unlikely to have a lock in..

i very much doubt they're in for 10-50%.. they're looking for the value realisation from a lead Investment..

[investordave] 28/6/2021 16:42

I hope all of our big placees have a longish lock-in period on their shares. We can do without even more turbulence if the share price rises.