Proxama Share Discussion Threads

[alphapig] 27/10/2017 11:04

Peel hunt playing a blinder here.

[ch1rp] 27/10/2017 09:40

Is this a dead dog???

[plunge] 26/10/2017 20:56

CitySPIRE: the next generation of on-demand transport

[oilbuy] 23/10/2017 11:14

Getting tighter here.

[plunge] 22/10/2017 20:41

It looks like Proxama is one of the teams supporting this location SDK.

[plunge] 22/10/2017 19:54

I think Peel Hunt should go as well.

As nominated adviser they must have had some bearing on determining the 0.03p open offer price, presumably feeling this would be very attractive to long suffering shareholders. Of course, it was an absolute steal for the private placees, including the Company directors.

Well, we all know the open offer wasn't the success the Board had hoped for or will have us believe. Also probably explains why PH has been obliged to support the share price ever since.

[plunge] 22/10/2017 19:54

I think Peel Hunt should go as well.

As nominated adviser they must have had some bearing on determining the 0.03p open offer price, presumably feeling this would be very attractive to long suffering shareholders. Of course, it was an absolute steal for the private placees, including the Company directors.

Well, we all know the open offer wasn't the success the Board had hoped for or will have us believe. Also probably explains why PH has been obliged to support the share price ever since.

[barvin] 22/10/2017 14:12

Me too. I think he has done great to get enough for an EGM. Still don't think we will see JK leave though. Although the 98% decline under his tenure should be the main theme.Unfortunately Peel would secretly rather see PROX fail than succeed. Considering they made 300k on last placing they'll be itching for another in 2018. So any shares they have and large clients will advise voting against ousting JK imo.

[ochs] 22/10/2017 12:18

I salute Boffster for at least trying to do something to force change.

I see a MR. JONATHAN HICKING popped up with a 3%+ shareholding on 16 October.

I can see the share pricing rising a bit further over the coming weeks as some people accumulate ahead of the EGM.

[barvin] 21/10/2017 13:40

Not obsessive enough to plot an EGM though :-/

[oilbuy] 20/10/2017 16:20

Looking ace. Over hang getting eaten into. Won't last for long

[zitec] 20/10/2017 15:23

Trading volume lower here today

[boffster] 20/10/2017 14:23

Do you have an axe to grind here Barvin? You make some reasonable points but you seem quite obsessive.

[plunge] 19/10/2017 21:14

From the link above and clicking on the Organisations tab you can see that, although the total grant offered is for £264,102, it appears the estimated project cost to Proxama will be £377,289. Still a net outflow to the Company.

Agreed barvin - a classic example of bending the truth and what long term shareholders have had to put up with for years.

Bring on that EGM !!!

[barvin] 19/10/2017 20:23

This is a very interesting site, that shows the actual funds received by Proxama from mainly Government [InnovateUK]



So they essentially got £1m for building an app that works with a few shops(Loka App) for offers.Be interested to see how many people actually use that. Really must have been a laughing all the way to the bank with that one.

So the CitySpire grant award is actually £264,102 for 18 months work which they cheekily round up to 0.3m in the March RNS

[oilbuy] 19/10/2017 17:30

Old dog here. New beginnings awake

[barvin] 19/10/2017 16:30

I have a small investment, now worth peanuts.