Reabold Resources Share Discussion Threads

[silkstag] 03/1/2013 16:27

Dear shorters, the current valuation of 6p for 67m shares gives market cap £4m. It is an AiM shell with £150,000 cash and £201,000 debt. When the 60m placing shares are admitted to trading, some will take their thunderous fake profit from their 0.25p placing price. I assume the share price will crash toward 0.25p. It may stop at about 1p as hope value for new management. But the current £4m shell valuation is absurd. STRONG SELL imho. Short away!!! DYOR

[silkstag] 03/1/2013 15:22

Gents, this company used to be called Adventis Group plc. It changed its name and thereby you cannot see the old threads on Adventis.

Insiders agreed to a placing on 19 December 2012 of £150,000 for 60m shares at 0.25p per share. That £150k cash is the company's only asset. It also has £201,000 in debt which paid the costs of arranging the CVA to (allegedly) kill all the previous creditors for 0.5-1p in 100p ie a creditor massacre.

There is no reason this thing is worth more than 0.25p per share, which was the arm's length valuation. It seems fake.

[billbyrne] 03/1/2013 08:27

mg78, no problem, I,m sure they will sort it out.

[mg78] 03/1/2013 08:25

bill, I have been trying to send you a reply but sdvfn's messaging system seems to be having issues this morning!

[tomboyb] 02/1/2013 10:12

A few cash shell springing up - RBD / IPS / 3DR -

Great run RBD -

[billbyrne] 02/1/2013 09:50

Another 20,000 at a premium.

[iloveit] 02/1/2013 09:42

Uvel ,somethink this will rocket ? epic UVEL take a look what do you think?its at 0.55p a share at the moment ,i have my doubts .

Why would this treble in price?

[billbyrne] 02/1/2013 09:30

20,000 bought at a premium. All the way up there has been buying at above
the offer price.

[tomboyb] 02/1/2013 09:22

BLIMEY - yep 66%

[billbyrne] 02/1/2013 09:21

Top of the leader board, now up 66%.

[billbyrne] 02/1/2013 09:08

As i said on monday any serious buying here would move the share price up
quickly. Nice move up this morning.

[billbyrne] 02/1/2013 08:51

Nice start to the new year. :-)

[tomboyb] 02/1/2013 08:41

morning - 16.7% already -

[billbyrne] 02/1/2013 08:41

Moving up on nearly every buy again this morning.

[billbyrne] 31/12/2012 12:51

Ended up 30% today. Any serious buying here would move the share price
up quickly imo.

[billbyrne] 31/12/2012 12:32

When i bought mine i had to be put through to a dealer. I had to pay
a premium. He told me that who he bought them off were buyers of the
stock. Any buying at the moment seems to be moving the share price
upwards.

[tomboyb] 31/12/2012 12:19

Up again today - 17%

[billbyrne] 28/12/2012 19:41

Hi Hectorp,

No news yet. New to aim.

Only 66m shares in issue, significant shareholders own 62m.
Not many left for others to pick up. Thats why its moved up with almost every buy today.

[hectorp] 28/12/2012 18:25

so, wot happened, billy boy? any news?

[billbyrne] 28/12/2012 16:14

Been waiting all day to see if anyone starts a thread. No takers so I have
started one myself.

Bought in this morning.

[billbyrne] 28/12/2012 16:12

Company website.

Investor Relations.

Strategy



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