Overnet Data Share Discussion Threads

[dell314] 15/1/2004 17:07

No offence intended!

Rgds
dell

[mclellan] 15/1/2004 15:32

dell314,
I am a female "chap" !

[dell314] 15/1/2004 09:46

Firstly, well done to the chap who contacted Knifton.

Topnotch - I think you need to do a bit more thinking.
Do you consider it likely that a company will just reverse in, with no payment to the existing owners?
There will need to be a large equity issue to pay for it and they can issue stock at practically any price they like. It will be interesting to see what percentage of the company they are willing to let current OND holders have.

Rgds
dell
IMHO
DYOR etc.
(No position just interested in the activities of Messrs. K & W)

[topnotch] 15/1/2004 09:35

I think it was based on the mkt cap of any company wishing to get an AIM listing without actually floating not being less than £3M. With the current share issue of 2.7M, this would put the share price at around £1 which is what I have been lead to believe would be the true for OND.

Of course this begs the question, whats gonna happen to VOS, as this is the next obvious reverse takeover target.

[mclellan] 13/1/2004 21:33

capricorn,
I asked my broker about it today and he confirmed that it was an amended trade from October20, possibly a buy that wasn't able to be filled. He thought the suspension was long and that if there is good news the shares usually come back to the market quickly, but he is a pessimist! The company are looking at two options, apparently. Let's hope that whichever it is is good for shareholders.
I bought these at 12p then they went back to about 6p before their great
rise before suspension. Geoff Foster (Daily Mail) thought it would be a good deal but I dont know what he bases this on.

[capricorn_1] 13/1/2004 19:43

mclellan - I phoned Comdirect about that one yesterday. They told me it was a "D" trade, which means a delayed trade from the day of suspension....god knows why it has taken this long to come through, but that's what they said anyway. Theory says we should do well out of this reverse takeover, I'm looking forward to seeing what actually happens, but won't be surprised if the Due Diligence process/negotiations go on into February.

[mclellan] 13/1/2004 08:36

topnotch,
You may well be correct-- I think Knifton was just being non-informative

[topnotch] 13/1/2004 07:49

Hmmm, I was under the impression that they were going to come out of suspension in EARLY january or at least an announcement was going to me made to that effect.

[mclellan] 12/1/2004 12:48

Also,
Has anyone noticed that there is a trade registered this morning for OND ? -- 15000 shares @ 51p at 9.09am. Seems odd. Must be a buy since the last bid before suspension was 49p. Anyone know anything about this, please?

[mclellan] 12/1/2004 12:41

Well, for what it's worth, I have just rung Knifton. No news yet- he says its not a 10 minute job to organize this kind of thing, that they have a choice of 2 potentials and are narrowing it down then documents will be sent to shareholders. I pointed out that it was nearer 4 months than 10 minutes. The impression I got was - don't hold your breath! Didn't get much out of him, really. At least he is available at the number 020 7251 3762

[dell314] 12/1/2004 09:33

Sticks and stones etc.
You are just confirming you are a schoolkid.
If you want to be a grown up, phone Knifton and find out what is going on.

Monument have already issued a further loan convertible at 10p since suspension, which rather suggests you lot aren't going to be getting your 50p a share that this was suspended at....

Rgds
dell

[dell314] 10/1/2004 10:16

Instead of whining like schoolkids, why not contact Leo Knifton?


Enquiries:
Leo Knifton 020 7251 3762





Rgds
dell

[topnotch] 10/1/2004 09:06

Hmmmm, was expecting the shares to come out of suspension this week - may now have to be next week!!!

[mclellan] 09/1/2004 09:34

dubberboy, Why do you say that? Do you think there is some kind of con going on?

[dubberboy] 08/1/2004 12:41

i think they will look bleaker soon,,IMO

[lezz] 06/1/2004 15:56

whats the latest news as i can't find anything ,am waiting for broker too get back too me e mails too company not returned things look bleek

[nickanme] 04/1/2004 01:36

The other party is Italian, and Italian bureacracy is very slow :P

[lyndus] 14/12/2003 17:07

if anyone has any clue about how long this is going to take, then share the news.My son wants the new G.I. Joe with the dragon claw grip and I haven't a penny to my name!

[unlucky investor] 08/12/2003 20:57

I see both Leo Knifton and Nigel Weller are now involved with Prime Entertainment(PME), annoucement released today. PME have been suspended for 4 months, looks as if suspension could be removed soon.

[00harry] 08/12/2003 09:15

has anyone phoned to see if they are still there !!

[shiremeade] 28/11/2003 13:37

UNTIL THEY ARE GOOD AND READY

[dubberboy] 27/11/2003 16:38

this is typical of ???????????????/ im afraid