Shearwater Share Discussion Threads

[jammytass] 05/6/2020 20:09

now now jh59
THE BOD do believe in this group lol yip you pay them wages
please do not ramp this pile of poo
no major contracts!!!
£2.90 down to £2.06 massive FAIL
buy high sell low LOL

[channel pirate] 05/6/2020 08:49

Well Husbod, they say "it will all come out in the wash" and at the moment everybody is being "rinsed" !!

[husbod] 05/6/2020 08:32

Was there, I missed that but if so it wasn't exactly the orderly sale that was agreed. But if they disposed of their holding in April it doesn't explain the subsequent sell off and share price fall. My share of the year is rapidly becoming the dud of the year.

[husbod] 05/6/2020 08:27

Yep thanks. Certainly would help to explain the situation. I don't know about unhappy placees but I doubt any small shareholders are exactly ecstatic either.

[mikeh30] 05/6/2020 07:07

There was a large 3m share sale around that date in April.

[nw99] 05/6/2020 06:29

Thank you make sense

[furgus ferret] 05/6/2020 06:06

From the LSE Bulletin Board

This could well be the cause of the collapse in the share price

The acquisition of Secarma - largely forced and to keep certain matters out of the courts - is just over 12 months old. Here are the terms. Consideration shares now pouring on to the market and Berenberg have no placing power. Of course SWG had a share consolidation in September last so the number of shares to be sold (if they were all to be disposed of) would be 2.9M (not 292M). Terms read as follows :

Under the terms of the Acquisition, it has been agreed with the Seller that they will not dispose of the Consideration Shares for a period of 12 months from issue, with a further 12 month orderly sale period. Accordingly, application has been made for 292,292,565 Consideration Shares in the Company to be admitted to trading on AIM ("Admission") and Admission is expected to take place on 15 April 2019.

Coincidence ? I think not ! Either way, something is way wrong here and it is a question of what !! Must be some very unhappy Placees around.

[fardistanthills] 04/6/2020 20:52

They did raise £3.75m before placing costs c.f. a minimum gross of £2.5m expected, so they were well supported.

[husbod] 04/6/2020 19:55

That 50678 sell at 9.58 certainly didn't help and I'm keeping my fingers crossed that that was our sellers last tranche.Unless someone has inside information there doesn't seem to be anything in the public domain to justify the share price drop since the successful fund raising.

[channel pirate] 04/6/2020 19:23

Has to be something the company has not told us, as 6 weeks ago the share price was in the 290p's. Since then, on "no news", the share price has dropped by approximately 30% and today you could buy at 206p for most of the day.


O.K. the company done a placing that us small pi's were not invited to participate in at 240p, which was a 20% discount on the then trading price. Now we see the share price drop another 20% on that discounted price.

Recently we see our Broker reduce the target price here by 20% from 500p to 400p

Observation - too many 20% drops for a company that is supposedly gaining momentum.

However, I personally did add some more to my holding today at 206p in the hope we will soon see a reversal of this falling share price.

Good Luck to all still holding.

[jammytass] 04/6/2020 09:36

Nv99
Same old bull how much u lost on this pile of poo u ramp
Seller gone lol

[spectoacc] 04/6/2020 08:53

Not popular today. Move back to placing price on hold.

[northwards] 01/6/2020 13:03

Those 2.14 trades are buys.

[tole] 01/6/2020 11:39

I picked some up on the drop on Thursday. Plenty available then under mid price which was a bonus. Was hoping for a bit more weakness to add some more nearer 185 but doesn't look like that's going to happen. Plenty of buyers today. Onwards an upwards.

[husbod] 01/6/2020 09:54

Tucked a few more away but annoyingly was tied up when I saw the 10k buy going through and couldn't top up immediately.

[nw99] 01/6/2020 09:43

Seller cleared

[nw99] 01/6/2020 09:26

Just bought some here

[northwards] 01/6/2020 09:21

First blue in a while. I fancy a move up from here.

[earwacks] 30/5/2020 09:34

There were 3 trades @2.05 for 50,000. 2 of them late reported from the morning. A couple of small after closing for 2.09. As they say 'investing is rarely profitable if not a little uncomfortable.'

[northwards] 29/5/2020 16:54

Suspect that 50,000 after hours was a buy. Reasonably chance we'll go blue next week.

[northwards] 29/5/2020 16:12

That's my view. I've been accumulating this last week.

[adae] 29/5/2020 16:04

Seems a fair risk/reward here, with the directors effectively having bought in at 240p. Their apology at the time re small shareholders not being able to participate in the 240p placing now looks like it was a good thing :-)

[computercoders] 29/5/2020 15:28

As a long term holder here of over 4 years I've just had my first topup for a few months. Too cheap with what this cracking group achieved.