Ridgecrest Share Discussion Threads

[festario] 12/5/2021 16:04

Tiny volumes though, not sure if this rise is genuine.It's not possible to sell any size.

[master rsi] 12/5/2021 16:01

Slowly but surely is moving higher 3 times today

[master rsi] 12/5/2021 10:56

At 10.14am going going gone to 1.10p offer, and still only 1 MM
3 at 1p

[dealer66] 11/5/2021 13:25

July 5th deadline , think news be out before then .
Interesting can sell large ish amount this morning .
Looks close to moving up

[onsideman] 11/5/2021 13:24

Yes haba1, July 5th is the date and it is indeed a simple counting exercise. It also appears he can count. There are 37 trading days until July 5th.

[haba1] 11/5/2021 13:01

6 months from January 5th is July 5th. I’m not sure why so many are talking about June 4th/5th. Surely this is a simple counting exercise?

[ebomber] 11/5/2021 12:45

____________________________________________________________

37 TRADING DAYS LEFT BEFORE RDGC SUSPENSION - HOLD or SELL?
____________________________________________________________

"As an AIM Rule 15 cash shell the Company is required to make an acquisition or acquisitions constituting a reverse takeover under AIM Rule 14 on or before the date falling six months from becoming an AIM Rule 15 cash shell (as announced on 5 January 2021) or be re-admitted to trading on AIM as an investing company under the AIM Rules (which requires the raising of at least GBP6 million), failing which the Company's ordinary shares would then be suspended from trading on AIM pursuant to AIM Rule 40."

"From a number of the discussions held, the Board is becoming increasingly aware that, whilst a reverse takeover candidate would value Ridgecrest at a premium to its net asset value, such a valuation would be at a MATERIAL DISCOUNT to its current market capitalisation, which currently stands at more than three times net asset value."

"As at 9 April 2021 the Company's cash position (net of current liabilities) was approximately GBP2.0 million (equating to 0.44p per share) "

__________________________________________________________________

MARKET CAPITALISATION TODAY STANDS AT MORE THAN 2.3 TIMES NET ASSET VALUE
__________________________________________________________________

[haba1] 10/5/2021 14:04

Correct supercity. If you are selling now because of the drop to 1p it makes no sense. The price has to be here for the RTO. You could argue the drop to 1p is a positive. No sure thing obviously, but I'm holding and taking my chance

[supercity] 10/5/2021 12:17

To be fair the company made it crystal clear on April 12th that any takeover is going to be around the current level or lower after saying any bid will be at a material discount to 1.32p.If buyers want to believe Twitter rather than the company in discussions then there really isn't any excuse when it goes pear shaped. From a number of the discussions held, the Board is becoming increasingly aware that, whilst a reverse takeover candidate would value Ridgecrest at a premium to its net asset value, such a valuation would be at a material discount to its current market capitalisation, which currently stands at more than three times net asset value.As at 9 April 2021 the Company's cash position (net of current liabilities) was approximately GBP2.0 million (equating to 0.44p per share).

[dealer66] 08/5/2021 10:26

Desperste to see a share you dont hold fail .
I hope you've lost a fortune here and never make a penny back

[ebomber] 06/5/2021 17:20

________________________________________

CORRECTION - 150% HOPE VALUE AT CLOSE TODAY
________________________________________



I see market was advised in last 48 hours of yet another large shareholder who REDUCED its stake in RDGC.

Trading at nearly 150% premium to £2 million cash in bank.

Decision time is close - Hold or Sell

GLA

[cool hand kev] 06/5/2021 11:46

Possibly a bitter investor?

[cielos] 06/5/2021 11:33

Does - eBomber - post can be taken seriously?

Why keep posting negative comments?

Something to do with TERN past investors some say, what is about?

[dennisbergkamp] 06/5/2021 10:29

They’ve been at this game for ages. Guess you could look to see where they get involved and know it’s a spot that’ll probably rise well and follow suit, rinse and repeat.

From their perspective, it’s a free money play

D

[master rsi] 06/5/2021 10:18

re - Reb_Ban5 May '21 -
Who are Richard and Charlotte Edwards MasterRSI, unscrupulous individuals?

A couple buying at placing ( very cheap ) and then selling at the market for a large profit, on many small companies.

CROOKs of the first order in my book, others called them Barstewards ( B@stards ) at other places

[master rsi] 06/5/2021 10:11

Someone is testing their skills in 18 minutes, with the lost of £71 plus charges

10:01:46 1.11 263,501 £2,925 09:43:40 1.137 263,501 £2,996

[ebomber] 06/5/2021 09:03

I see market was advised yesterday yet another large shareholder REDUCED its stake in RDGC.

Trading at over 100% premium to nearly £2 million cash in bank.

Decision time is close - Hold or Sell

GLA

[dealer66] 06/5/2021 08:57

Market makers happy to collect large amount of stock today .
Good sign
News due

[reb_ban] 05/5/2021 13:27

Like BRH which is hugely oversold and I for one am getting involved for that imminent 'Bounce'...

[kemche] 05/5/2021 12:55

Classic treeshake.

[reb_ban] 05/5/2021 12:17

Who are Richard and Charlotte Edwards MasterRSI, unscrupulous individuals?

[dealer66] 05/5/2021 10:24

Its a shame they don't see the whole damn lot tbh .

[master rsi] 05/5/2021 09:01

The Crock family " Edwards" were selling last Friday as the share price rose

Richard and Charlotte Edwards
Resulting situation on the date 3.60% or 16,250,000 shares
Position of previous notification 4.16%

Date on which the threshold was crossed 30/04/2021

[master rsi] 04/5/2021 15:53

Intheknow69

Your post is pointless, someone has caught you doing a 69 and it wasn't nice to look at.

I do my things and I know why, like many more here, you do your pointless ones.

Things go UP and DOWN, but yours are down all the time with the 69

I also know you know NOTHING from your post

sugestion- change your nickname, maybe "I know nothing " will do better in the days ahead