Nviro Share Discussion Threads

[glyn10] 18/1/2010 10:55

Help !!!! OK it is Monday morning and my brain is not working properly (some might argue that this is the case most days). I have completely lost the plot here with share consolidation etc etc.

Can somebody please answer the following question for me?

Has the number of share I own changed as a result ? e.g if I had 1k shares do I still have 1K shares or has this reduced to 100 due to the consolidation?

[bones30] 18/1/2010 08:18

New ticker will be SEGR. I'm with TDW and it's not been done yet. Not bothered because I don't plan to sell this low anyway.

[sean333] 18/1/2010 08:17

The ticker is being changed it seems

[sean333] 18/1/2010 08:08

Not showing on my account ...just yet... or? Any one with actual experience of a consolidation being applied to a nominee holding?

[bones30] 18/1/2010 08:05

Consolidation. 10 times less shares I think.

[andrbea] 18/1/2010 08:05

has there been a consolidation (ratio was?) of existing nviro shares or is this a pure RTO (Specialist Energy Group)?

[jxman] 18/1/2010 08:03

Were Rich. Not!

[the stinger] 18/1/2010 07:54

Well,,, just made a mint on this one......well done all those that held out...

[redhill] 18/1/2010 07:45

Up 919% already! :0)

[johndee] 18/1/2010 07:38

No change of name as yet.

[redhill] 18/1/2010 07:14

What's the new companys name?

[cmpf] 17/1/2010 23:32

DP I agree with darren - it's hardly as if no-one knows what is going to happen tomorrow morning. We all know. Why is this going to be a surprise?

If anything this should be viewed as a positive. Finally everything is resolved, now the company(ies) can move forward, there is cash-flow and income.

If you were going to bail out why have you waited until now? If investors thought they were going to make a profit on the RTO/new listing and the share price was going to rise there would have been a lot of buyers last week. Similarly if everyone thought the share price was going to tank they would have sold already. Neither of these has happened, so why are you expecting a catastrophe tomorrow morning.

Give the investors here a little more credit. If you have held these for more than 6 months what is the point I selling now. Hold on.

You never know some positive RNS about vertus, or a new contract for a pump system and you might actually see the price rise.

I did say might......

[darren81] 17/1/2010 22:29

DP everyone has known about the consolidation for a month now, there was an RNS on friday stating that motions passed at the EGM - people have had ample oppurtunity either before confirmation of the consolidation on friday or after 11am on friday to sell....i cant see a mass sell-off tomorrow and if there is it wont be because of consolidation...this has been common knowledge for a while

are you trying to use scare tactics to get in lower than the present share price?

[freethinker8] 17/1/2010 20:49

DP- do you not see any positives?

[dancing piranha] 17/1/2010 20:42

Because share consolidations always end up in tears, unless you have a very longterm view!

[porketh] 17/1/2010 20:40

DP, why do you think -10%?

FT, I like the idea of an RNS too, but we'll see....been waiting a long time for news! LOL!

[freethinker8] 17/1/2010 20:19

DP,at least the new company can generate some cash. However, i thought we would be getting an RNS with news about Vertus!!!

[dancing piranha] 17/1/2010 20:11

I think most peeps will be more worried about getting out asap tomorrow morn at 8am!!

Hope I'm wrong, but I'd guess -10%+ by end of play tomorrow.....

[porketh] 17/1/2010 19:55

So is there a new thread for tomorrow or are we sticking with this, for old times sake? :)

[redhill] 15/1/2010 20:28

Fairdeal of course!

[darren81] 15/1/2010 16:36

the most important thing in all of this is - who's gonna start the new thread with the new epic?

:-)

[bones30] 15/1/2010 16:05

Not sure, mine are in nominee account.