Surface Transforms Share Discussion Threads

[harrogate] 10/2/2021 10:56

Nothing at all from IG

[bagpuss67] 10/2/2021 10:51

Graham.as per usual with HL. They are pedestrian at best at the moment. And costing people money..

[graham1ty] 10/2/2021 10:41

Dealings started in the new shares this morning. Has anyone seen their allocation yet ? HL have done nothing yet

[rivaldo] 09/2/2021 23:21

A new summary of the fundraise here - this quote is interesting:

"The company is also increasingly confident of securing at least two new contracts in the near future"



I like this paragraph too:

"With manufacturers including Audi, BMW, Jaguar, Nissan and Volkswagen now offering carbon ceramic brake discs on selected vehicles, the market is set for major growth. Surface Transforms estimate the target market to be worth approximately £2bn and is subject to multiple drivers including technological and environmental benefits compared to traditional iron discs, and the desire of automotive manufacturers to increase competition in a market that is currently dominated by SGL Brembo."

[malcontent] 09/2/2021 18:29

exciting times ahead
it's been a long wait , for many, with this share.....

[longshanks] 09/2/2021 18:25

There were some very chunky trades reported late yesterday including one of 475k at 78.342p

Halifax are always quite slow too with allocation of shares, so I expect mine to not be available before next Monday.

[graham1ty] 09/2/2021 17:53

A lot of late reported trades from yesterday, including 400,000 at 74.375p.

That is quite a chunky order. At that price, it should be a buy, but cannot say definitely

[longshanks] 09/2/2021 13:58

There are three tranches of shares being issued: the EIS/VCT placing shares, the non-EIS/VCT placing shares and the Open Offer shares.

The 4m EIS/VCT Placing shares commenced trading today. The 36m non-EIS/VCT Placing and Open Offer shares commence trading on 10th Feb.

[colinbwood] 09/2/2021 13:51

RNS stated:

'Application has been made for 4,000,000 EIS/VCT Placing Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 9 February 2021.'

[geko5trade] 09/2/2021 08:31

distill,

I'm dying how long will the ambulance be..'

'I don't know, about eighteen foot'

I wasn't too greedy so hoping for a reasonable percentage! Anyone know the timeline as to when we find out? Maybe I missed that comment.

[rivaldo] 09/2/2021 08:26

Nice 92,672 share buy at the full 75p offer price just now.

[condom2] 09/2/2021 07:22

NO .They don’t like shorts !

[distill] 09/2/2021 01:37

giving preference to smaller shareholders, well i am 4ft 8inch, so would i have been included

[pinkfoot2] 08/2/2021 22:22

That’s correct-there was significant interest in the Placing, notably in the VCT bit

[dozey3] 08/2/2021 21:44

Well it’s good to see a recent post. Now where can I find how many shares I will be allocated from the hugely oversubscribed placing?

[waggle] 08/2/2021 13:22

so a lot of sales appear are being absorbed by the market with no price fall...someone is accumulating?

[graham1ty] 08/2/2021 09:30

Longshanks, from what I gather, the Placing was also massively oversubscribed. I believe the price crept up to 50p during the process.

[longshanks] 08/2/2021 09:07

Interesting to note the comments by DB that the placing too was oversubscribed and not just the OO.

[graham1ty] 08/2/2021 08:25

Oops, sorry to malign you longshanks. Yes, you Riv !

[joe say] 08/2/2021 08:24

Love the fact that the smaller investor is favoured - and that surely has to be better for the SP

[rivaldo] 08/2/2021 08:13

:o))

Did you mean me GrahamITY? If so, it's still too early in the morning for my brain to function properly....

[longshanks] 08/2/2021 08:12

A very good result showing that the enthusiastic support for this business continues to be far deeper than many expect.Much of the oversubscription will have been built on greed: buy 3 cherries for the price of 2 but I like to think we Argonauts are also supporting the hunt for a Golden Fleece.

[graham1ty] 08/2/2021 08:06

Come on longshanks, get your Maths right. It was subscribed 477%.

It was OVER subscribed therefore by 377% !!!!

[rivaldo] 08/2/2021 07:50

Not often you see a fundraising oversubscribed by 477% :o))

Happy days.