Shearwater Share Discussion Threads

[tom111] 13/1/2017 13:23

Producing nothing? Fact is I did have an interest here but had second thoughts looking at the market cap.Reinvested in HUM which I feel more comfortable with gla

[piperpeter] 13/1/2017 13:17

tom.

I believe we have a 20% interest in the Morille Tungsten Project in NW Spain with a free carry.

I believe we may hold shares in Plymouth Minerals who own the rest of this project.

I believe we own 56.5% of the Pino de Oro gold project in Spain.

I believe we own 51.4% of the Peralonso gold project in Spain.

I believe we own 51.4% of the Cabeza gold project in Spain.

I believe we have just raised a tidy sum of cash.

Pp.

[tom111] 13/1/2017 12:30

In fact I don't think they own anything,correct me if im wrong.Looks like the share price rise is based on BOD,and faith

[tom111] 13/1/2017 12:09

Key question what do they own?

[euclid5] 13/1/2017 12:08

leaves approx 120m ff

[piperpeter] 13/1/2017 12:01

Just been trying to assess who holds what in the significant shareholders list.

This is based on the last list on the Aurum website (333,750,286 shares in issue) and the current shares in issue figure of 483,750,286 (post placing).

With all the Directors and Related Parties adding to their original holdings I make it that they now hold around 134,370,224 shares between them.

Spreadex now has 51,590,023 (10.66% of current shares in issue).

Commerzbank AG has 30,689,167 (6.34%).

Schroders (new investors?) has 75,000,000 (15.504%).

This accounts for 291,649,414 shares.

Now, does TD Direct Investing still hold its 41,752,160 shares (approx.), Tiger Resource Finance still hold its 16,186,888 shares (approx.) and do Mr. & Mrs. Marcus Stone still hold their 11,314,134 shares (approx.). This could possibly account for a further 69,253,182 shares (approx.).

So it is possible that approximately 360,902,596 shares (of the current 483,750,286 shares in issue) are held by significant shareholders albeit that some may now be holding below the threshold at which a declaration needs to be made.

If this is the case then, by my calculation, approximately 75% of the current shares in issue are tightly held.

Of course, I may be incorrect.

Pp.

[euclid5] 13/1/2017 11:42

It's not a shell co, new investing strategy confirmed & raised £7m plus recruited some top directors on the board.

That's the key here, the qualifies, experienced bod & their past work history.

Entering a multi £B market, but a lot already priced in at this market cap

Some good Institution investors too in this

Tells me CNS & FLX are flawed businesses with the wrong BoD's - compared to this

[tom111] 13/1/2017 11:38

48m mil cap any assets or is it just a shell co as I suspect

[casabella2] 13/1/2017 11:16

Buying pressure my friend ,buying pressure.

[cpap man] 13/1/2017 11:07

Based on what exactly?

[casabella2] 13/1/2017 11:07

Next push to take it over 10p.

[tech_ip] 13/1/2017 10:59

When you are used to building a billion pound plus businesses, a £42m market cap is chicken feed. Insiders are clearly loading up.

[cpap man] 13/1/2017 10:52

Totally agree with you euclid5

Every man and his dog have recommended this stock in the NY's stocks to buy list from the MOS to SCSW to....

Well you get my drift....much is already in the price!

[euclid5] 13/1/2017 10:47

not putting a damper on this - excellent BoD's track record etc - raised monies in 2 placings - but we have a £45m market cap

market much be expecting huge returns - eps - huge growth potential here

This is what happened to FLX when it got listed, but diff strategy / BoD's etc, so can't compare the 2, however similar rises in market cap's on investors high expectations - just worried about this £45m market cap with £7m recently raised

lets see what they buy into & what the growth prospects are to justify a huge cap value

[piperpeter] 13/1/2017 09:58

Are the shares beginning to look seriously tightly held?

Pp.

[tech_ip] 13/1/2017 09:19

Big ambitions here:"The change of tack is the brainchild of new chairman David Williams, who built Breedon into a £1billion business. Since his arrival, he has assembled a board that includes former Airbus UK boss Robin Southwell and former head of Lockheed Martin in the UK Stephen Ball.New chief executive Mo Stevens is the former head of the cybersecurity business at Airbus. The new Shearwater Group now plans to invest in this area through a so-called 'buy, focus, grow' strategy.'We have extremely ambitious plans for the company as has been made clear by the series of high-profile appointments to our board in recent weeks,' said Williams."

[nw99] 13/1/2017 08:40

Schroders up to 15% stake

[okuta] 13/1/2017 08:17

Book looking good ...only 100 shares on the offer at 8.5 and 425,000 on the bid at 8.4 best ,rgds

[okuta] 13/1/2017 08:12

Posted by G Smith on LSE - any thoughts please ?

Ok so I've spent some time doing some enumeration (cyber speak!) and I can't help feeling that it's more than just a coincidence that a well-established, rapidly expanding Australian-based Cyber security firm, who are looking to branch out to global locations..... just so happen to be called Shearwater :-)

Purely a coincidence? Maybe......but I'm seriously impressed with this Australian firm. They offer absolutely every Cyber Security related service, are accredited up to the eyeballs, and registered for things like PCI-DSS, ISO27001, etc.

In fact, it's the exact kind of company I would want if I were running my own cyber security firm :-)

So yeah...might just be a coincidence.....but I've bought some shares to see what happens.

GLA

[sarratoga] 12/1/2017 13:06

On what basis

[tech_ip] 12/1/2017 12:53

15-20p range in due course.

[piperpeter] 12/1/2017 12:23

15 days ago.

"The wealth of experience and contacts from our new Directors means that we are
alive to a number of opportunities and we hope that our loyal shareholders see
some positive action on this front in the New Year". (David Williams)

Pp.

[chester] 12/1/2017 11:30

Looks like we're here, I gave the poster on the other SWG thread a chance to put some charts in the header, but it seems he's not around.

[sutton3] 12/1/2017 10:49

Hi to All.
Just got into this. Wish I had done it earlier.
Peter

[siddle] 11/1/2017 15:15

TechDid you get some? I may join in as it does look an interesting play and I would say you and I know a fair bit on the cybersecurity scene...