We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Servision | LSE:SEV | London | Ordinary Share | GB00B0586C20 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.85 | 0.70 | 1.00 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
20/2/2018 12:19 | I wonder how cascade are feeling - Looking at the technology being used by Mobileye Looked very high hopes- The big factor for me was the debt however that could/would be converted into equity - So I wonder what the plans are here - ? I'm inclined to agree with Stiggie on the trustworthiness here - However was a punt on my behalf - | tomboyb | |
20/2/2018 12:15 | remember this rns SerVision AIM: (SEV), a leader in mobile live video streaming over wireless and cellular networks, is pleased to announce that it has secured $2 million of new capital from Cascade SVP, LLC ("Cascade"), a US based investment fund (the "Subscription"). Cascade has agreed to subscribe for 14,089,084 ordinary shares of 1p each in the capital of the Company (the "Subscription Shares") at a price of approximately 11.4 pence per Subscription Share ("Issue Price"), which is a significant premium to the closing mid-market price on 21 February 2017 and which values the Company at approximately £14.4 million. ___ ____________________ Now we have this As announced on 13 February 2018, the Company was required to raise further finance in the near term or face having to convert some of the existing debt into equity. Unfortunately, the positive conversations regarding a loan and equity investment that were ongoing at that time have not yet concluded. The Company was not able to convert some of the existing debt into equity as the conversion price is below the nominal value of the Company's shares and therefore a shareholder meeting would be required to approve a capital reorganisation and also due to the Company's financial position, it would not be in the best interests of the creditor. Whilst those and other conversations are continuing as the Board takes advice on the options available to the Company, there is currently no immediate prospect of any new capital. Since the Company is currently in default on at least one of its loans and any refinancing will take some time and will require the agreement of the Company's lenders, the Company has requested an immediate suspension to the trading on AIM of its shares pending clarification of its financial position. | euclid5 | |
20/2/2018 12:02 | Looking at the last RNS I wonder what made them decide to bring out this RNS - New investor decided not to invest or so at a significantly lower level - Cascade who paid over 11p don't agree - CEO wishes to pick up the tech for a song? Debt could be converted to equity but price not agreed? Quite a few questions and forum busier at the LSE - | tomboyb | |
20/2/2018 11:10 | Got just over £1k in this - I think they had several options so this is a little surprise - | tomboyb | |
20/2/2018 11:09 | They have their own capital markets. The only reason you'd want to target AIMs mug punters is because you've exhausted or don't want to rip off your own kind | the stigologist | |
20/2/2018 11:08 | Along with Never trust American companies on AIM Never trust Chinese companies on AIM | the stigologist | |
20/2/2018 11:07 | Never trust Israeli companies on AIM | the stigologist | |
13/2/2018 12:06 | I think they paid over 11p - And if i remember correctly it had to do with the relationship between Mobileye and servision - ?? Mobileye was bought by Intel last year for $15 billion i think ? | tomboyb | |
13/2/2018 11:54 | Why did they pay 10p??? | babbler | |
13/2/2018 11:04 | Poor update - Would of thought that potential deal with Mobileye for autonomous vehicles would have got further ahead - no deals as of yet - Taken a punt in case they get a cascade type deal - | tomboyb | |
13/2/2018 10:46 | Just taken a small punt - Down 22% - | tomboyb | |
12/1/2018 11:52 | Nice spread... | babbler | |
27/9/2017 20:45 | Nice rise today. Looks like its heading back above 5p. Off topic, take a look at PRS. I’ve posted some exciting research on the bb. | cliley454 | |
17/8/2017 10:59 | ....and even more of it, today. f | fillipe | |
30/6/2017 14:23 | Boooooooommmmm. | ohdearohdearohdear | |
19/5/2017 12:56 | Expectations of payment next week. Due Monday. | babbler | |
19/5/2017 12:31 | Leaky today, news afoot? | ny boy |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions