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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nettworx | LSE:NTWX | London | Ordinary Share | GB00B0TLVX30 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.625 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
21/12/2005 17:30 | Any opinions on whether this is a good buy or is it just a specualitve punt? Also, when will i be able to trade the shares. Currently use iii and there was no option to even buy or sell to obtain a quote. | advfn_100 | |
21/12/2005 16:45 | there you go | travisriley | |
21/12/2005 15:11 | Travis, could you stick a 1-day and 6-month chart in the header please. TIA. | sranmal | |
21/12/2005 14:30 | It won't be Pipex, it is far too big for them. No the shares should not be 10p, they should be at a premium to the cash because of the people involved and their skills and experience. It won't be long before we get some news from these guys. | travisriley | |
21/12/2005 14:27 | are these not suppose to be 10p a share... hardly will attract any buyers if the MM's are demanding more | bangkokbang | |
21/12/2005 14:13 | Nettworx plc (Nettworx), a newly-incorporated company that intends to invest in the fast-growing area of voice and data networks, said Monday that it is to seek admission to AIM via an Initial Public Offering. The Company intends to raise at least GBP5 million through the issue of shares via an institutional placing. Canaccord Capital (Europe) Limited is acting as the Nominated Adviser and Broker. The Company has been formed to take advantage of the increasing convergence between voice, video and data, fixed line and mobile networks. While the Board of Nettworx believes that most services will in time be offered over IP, the industy will still rely on fast, efficient networks to deliver content. Nettworx plans to buy existing telecom and network companies, integrate them and improve their performance to create the type of rich, high-performance, flexible services that Monday's operators and users expect. The Company has identified a number of network companies with existing customers and revenues, that lack either the scale or the technological skill sets to capitalise on the convergence of technology and telecommunications. Nettworx has assembled a board of experienced technology investors, managers and entrepreneurs that will identify and execute acquisitions as well as providing the requisite skills. The Company is headed by Jonathan Rowland, founder of jellyworks, the internet investment company, and Jason Drummond, founder of Virtual Internet, the web hosting company, and Co-Founder and Chairman of Gaming Corporation, the operator of the world's leading gaming search engine. Nettworx intends to seek the appointment of a senior non-executive chairman early in the New Year, and to recruit further executive directors to the board when appropriate. | advfn_100 | |
21/12/2005 13:28 | here here, I wonder if google will get interested | bangkokbang | |
21/12/2005 13:15 | Nettworx PLC floated today 21st December 2005 raising £9.4m net at 10p per share. It has a market cap of £11.1m at 10p per share. It is a cash shell backed by some big technology names such as Brent Hoberman of Lastminute.com, Jonathan Rowland of Jellyworks, Susan Meyer, Jason Drummond of Gaming Corp. and Allan Leighton. These people have invested heavily themselves in this venture, and believe there is a market opportunity to create a business by acquisition to benefit from the convergence of the voice, video and data industries. BskyB has just bought Easynet NTL is trying to buy Virgin Mobile Ebay has just bought Skype BT has just launched the BlueRay phone all these signify and are a result of a disruptive technology, Voice over IP, causing convergence between several other industries. Players are moving quickly to gain their position in this new market. Now is the time to play this disruption, and build a business with infrastructure, and layers of services to place on top of that infrastructure, to create some serious value. I would not be surprised if the founders here would look to sell this on within 2 years, at a significant premium. Several quoted companies are being looked at as acquisition targets and this may well prove to be one of the investment picks for 2006. | travisriley |
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