Spectra Systems Share Discussion Threads

[battlebus2] 24/3/2015 08:51

Continuing to tick higher :))

[drago] 21/3/2015 11:28

would there be any conection with the worsley buy in earlier this month ?

[patviera] 19/3/2015 15:44

thx

i still would like to see drctr buying as a better buy here at 20p than we have ever been imho

[pj 1] 19/3/2015 15:18

Lock in period expired?

[patviera] 19/3/2015 15:07

whats that mean in a sentence plse?

[pj 1] 19/3/2015 14:55

"Restricted" Securities:
Removing the Restrictive Legend
"Restricted" securities are securities acquired in an unregistered, private sale from the issuing company or from an affiliate of the issuer. They typically bear a “restrictive” legend clearly stating that you may not resell them in the public marketplace unless the sale is exempt from the SEC’s registration requirements.

Rule 144 under the Securities Act of 1933 provides the most commonly used exemption for holders to sell restricted securities. To take advantage of this rule, you must meet several conditions, including a six-month or one-year holding period.

Even if you’ve met all the conditions of Rule 144, you still cannot sell your restricted securities to the public until you’ve had the legend removed from the certificate. Only a transfer agent can remove a restrictive legend. But the transfer agent won’t remove the legend unless the issuer consents—usually in the form of an opinion letter from the issuer’s counsel to the transfer agent.

If you want to remove the restrictive legend, you should contact the company that issued the securities—or the transfer agent for the company’s securities—to ask about the procedures for removing a legend. If you have a broker, you may want to ask your broker to help you.

If a dispute arises about whether a restrictive legend can be removed, the SEC will not normally intervene. The removal of a legend is a matter solely in the discretion of the issuer. State law, not federal law, covers disputes about the removal of legends.

If you are considering acquiring restricted securities, it would be wise for you to consult an attorney who specializes in securities law. To learn more about the conditions you would have to meet to publicly sell your restricted securities, read our overview, Rule 144: Selling Restricted and Control Securities. You can also read our publications on Rule 144 and Form 144, which you may need to file with the SEC if you sell restricted securities.

[patviera] 19/3/2015 14:40

Rm what u make of spsy rns?

[patviera] 16/3/2015 17:09

Rain maker Apart from a g8 contract what is the catalyst here ?

[patviera] 13/3/2015 16:16

Not preventing me buyingJust gave 20.75 for 65kWhen these are 1 pound I wont be moaning!!

[muffster] 10/3/2015 14:16

Crazy 9% spread here. Prevents buying

[battlebus2] 07/3/2015 12:11

They won't be in for 10%, i know that much :))

[battlebus2] 07/3/2015 12:08

They wont be in for 10%, i know that much :))

[rainmaker] 07/3/2015 12:01

Pat, they might agitate for a split and a sale or separate listing for part of the business as a way of unlocking shareholder value. I won't really worry too much, as the share price is surely going much, much higher.

regards

[patviera] 07/3/2015 11:52

Thx RainmakerDo you know anything about Worsley?They look v shrewd I used I have shares in Guinness peat!!

[rainmaker] 07/3/2015 11:43

Pat, I'm looking for the share price to multi bag from current levels and go to several pounds. The salient points are that Spectra Systems have a market cap of roughly £9mln(restricted and unrestricted shares of 46mln) and are the only participant in a market worth US1bln annually, that's US$1,000,000,000 with compelling cost savings.

AIMHO, DYOR

regards

[fozzie] 06/3/2015 09:31

Forgive them for they know not what they do.

[battlebus2] 06/3/2015 09:10

Good luck to the day trader bought yesterday 12500 and 12224 and sold today with around 700 profit, if you had a little patience you may have doubled your 5k imv.

[battlebus2] 06/3/2015 08:20

Buy and just sit back and let things run their course and see what develops over the next few months and years...

[patviera] 06/3/2015 08:11

No stock aroundCould be 25p tiday

[protean] 05/3/2015 21:51

"The fund will look to invest in situations that offer a deep discount to latent value, taking a sizeable equity stake and then driving a reform programme either on or off market."

[protean] 05/3/2015 21:47

"Worsley’s managers believe there is significant opportunity to liberate value in small cap stocks, where structural gaps in boards’ accountability often lead to material divergences between share prices and their latent value."

Nixon says: “Activism in the late noughties came to mean different things to different people, often being associated with noisy campaigns to generate a short term price rise or sale process. In contrast, Worsley follows GPG's lead of seeking sustainably improved shareholder value."

[sonofbanjosinger] 05/3/2015 21:44

This a long term hold for me and hopefully multi-bags over the next few years.

[battlebus2] 05/3/2015 21:24

There are lots of options given the cash pile and the various parts of the company, shareholder value number one aim.

[patviera] 05/3/2015 21:07

But what can they do here?