Octagonal Share Discussion Threads

[quazie12] 13/1/2021 10:55

Just waiting for the meeting to begin, should be interesting.

[ochs] 13/1/2021 08:58

6 monthly results (to 30 Sept) announced this morning, look good (as usual) and cash is up (again)... just the small matter of the SEC thing hanging over them of course ;)

[gary1966] 13/1/2021 08:30

X-o not in and definitely won’t be throwing it back at the board when it arrives.

[swiss paul] 12/1/2021 20:18

IWeb money in - shoukd throw it back at the bstard

[ochs] 12/1/2021 20:00

Nothing in my account with HL yet... anyone else with a different broker had their divi yet?

Here's an update on the AGM at 11am tomor and how to attend via "the electronic platform".



Not sure if they'll require proof of ownership or how you do that when the shares are held with a broker? Will send an email now anyway and request access.

[29palms] 12/1/2021 11:55

1 box ticked which is a morsel of good news.

Would be ecstatic if "De-List" vote was defeated.

[dave4545] 12/1/2021 11:50

Well that's £2k back you thought you lost.

I'd not write this one off yet but obviously do not get your hopes up too much with this lot.

[festario] 12/1/2021 11:45

It's in my interactive investor account. I'm gobsmacked, there must be some hope then.

[dave4545] 12/1/2021 11:42

iii have paid waiting for HL

[dave4545] 12/1/2021 11:35

wow, not in hl or iii but take your word for it

[rightnellie] 12/1/2021 10:02

Received the dividend today - those people who worried about it not being paid now reassured

[29palms] 11/1/2021 12:34

RNS today seems very like "Ambulance Chasing" IMO to acquire Shareholder votes to de-list.

"it remains the intent of the board to offer to shareholders a scheme to buy back shares from those shareholders who wish to dispose at a fair market rate"
Why was this not worded so on RNS of 17th Dec.

Not to be trusted and I stand by my previous comments - nothing more than a "Modern Day Outlaw"

Will also believe the dividend when it is in my account.

[ochs] 11/1/2021 09:43

Couldn't have put it better myself Gary1966. Good news about divi - that will be very welcome if it really comes through this week!

Sounds like the delisting vote could be close, fingers firmly crossed.

[gary1966] 11/1/2021 09:22

Didn't sound quite so confident about getting enough votes if you compare today with initial announcement. Divi still on track to be paid tomorrow and commitment going forward. Sounds like they are really trying to get shareholders onside. Wonder how much they will deem as fair market value, but would rather not give them the opportunity as a private co to find out.

[wetpantz] 11/1/2021 08:49

Fair market price might imply a multiple of trailing EBITDA or a small premium to average recent share price. The balance sheet is stuffed with cash so it is possible.

[swiss paul] 11/1/2021 08:32

Bend over John and brace yourself. Ha ha - sir, sir it was not me - we didn't do anything wrong.

Complete rip off merchant

[dave4545] 11/1/2021 08:11

Nice of them not to mention that earlier.

And to them what is a fair rate ?

[the explorer] 11/1/2021 08:08

If the resolution to de-list succeeds it remains the intent of the board to offer to shareholders a scheme to buy back shares from those shareholders who wish to dispose at a fair market rate.

[dave4545] 11/1/2021 07:41

Bit of hope there perhaps in this mornings update

[thordon] 09/1/2021 19:39

Co. and dirs. blacklisted at investor's website

hxxp://fulltimeinvestors.com/Blacklists/


for breaking the letter or the spirit of the part of the Company Act 2006 that requires that
- all shareholders are treated equally
- all new shares are offerred pro rata to existing shareholders...

(the dirs. have been issuing massive blocks of shares....with at least 1:1 warrants attached exercisable for example at the 0.3p.

this process gives unfair advantages to dirs. and any of the other people invited to subscribe for new shares...
and treats in negative way the public shareholders....

THis is a way to take money from the public and put it in the hands of the directors and others who subscribed for new shares....

they can for example sell...to normal shareholders !! , if the shares ever rise...since markets are strong...or rumours ...or any reason.....and then just hold all their warrants....
and if they want...then exercise their warrants...

exercising warrants will provide dilution to the public shareholders


if the accounts or prelim results hide the high likely dilution....then they can give false impression of EPS or NAV/share....to create an artificially high share price for PIs

[thordon] 07/1/2021 21:43

if it was not for INSP then would have bought into OCT.
When research INSP and found so many gaps and flaws , and having same directors just said to myself do not touch.
Shame but now we know why they was making so much money

[ochs] 07/1/2021 16:26

Not the best timing for this 'tip' on 11 December!

[dave4545] 07/1/2021 15:03

I'm sure we will be getting a Rns soon to update and tell us the dividend is being cancelled

Of course it would be nice to be wrong

[gary1966] 07/1/2021 14:48

I would hope that if they weren't still operating that, that would have very clearly been stated in the RNS as a matter of company law.