The Artisanal Spirits Share Discussion Threads

[sll] 19/9/2006 01:00

This is all very old news, and now so much of a non-issue. Post 1204 says it all, and should remind us all. Such a placing, as detailed in 1201 above and being virtually issue cost-free, was always going to be at some form of discount to the (then) market price. Its aim was to give RBS the comfort to make material additional support available to ART and to strengthen the balance sheet yet further, on top of 3 years of solid retained profits. Look at any analagous situation, and you will see that the Nomad and the Board got this one broadly right. steve

[swiftnick] 17/9/2006 20:43

gjabrj,

You already knew about this. Indeed you about it at the time, sent an email to the company about it and got a reply.

Surely you haven't forgotten?

[swiftnick] 17/9/2006 20:37

From the RNS dated 3 March 2006:

Under the AIM Rules, the placing of shares with Aspen Finance is regarded as a related party transaction and therefore the Board, with the exception of Michael
Stevens, have carefully considered the terms of the Placing and, having
consulted with the Company's nominated adviser, consider the terms to be fair
and reasonable insofar as the Company's shareholders are concerned.

[canford cliffs] 17/9/2006 20:09

the guy that bought them, Lol!

[gjabrj] 17/9/2006 16:50

who sanctioned 40,000,000 shares at 2.75p in March???

[swiftnick] 17/9/2006 11:08

gjabrj,

The company did a placing of 40,000,000 shares at 2.75p in March. They are hardly going to buy them back six months later at a higher price.

[daz1966] 11/9/2006 12:53

Annual house price inflation in the UK picked up pace in July, according to the latest government figures.
The Department for Communities and Local Government (DCLG) said prices rose by 6.0% in the year to July, up from 5.2% in the year to June.


The average property in the UK now costs £194,454, the DCLG said.

[nicedude1976] 10/9/2006 23:09

i think this is one of the "best looking" share charts - very likely to go up though would not expect hughe profits, probably up to 6-8p level...

[mistertibbs] 09/9/2006 07:17

Sadly I did not. Is the share graph beginning to look like the opening of Frazier. Think I've got too much time on my hands.

[davidosh] 07/9/2006 04:00

Did anyone attend the AGM?

[swiftnick] 31/8/2006 21:20

"The Annual General Meeting will be held at 28 Portland Place, London, W1
at 10.45am on 5 September 2006."

[gjabrj] 31/8/2006 11:12

Is the agm on tuesday anyone?

[sll] 27/8/2006 12:14

We are still on a gentle upwards track with the 2006 AGM update (5/9/6) and the fy2007 interims to come. In view of the many areas of solid progress over the past 3 years, I am still of the view that ART is undervalued.

[mistertibbs] 26/8/2006 18:01

There weren't too many as it turns out. Pity about the last trade of the day

[wiganer] 24/8/2006 18:37

Blimey, you're a right barrel of laughs.

[mistertibbs] 24/8/2006 17:21

Now lets see if recent history continues and it falls soon after it reaches this level. Must be too many folks still want to sell at this price.

[gjabrj] 24/8/2006 13:21

would be nice to see a T trade at close of play.

[Abuse team] 23/8/2006 17:49

Post removed by ADVFN

[pallino_ran] 23/8/2006 17:47

Sounds good to me!

[vaneric] 23/8/2006 17:21

I had someone on the phone this morning claiming to be doing market research and wanting to talk about Artisan.
I dumped the phone on him because I guessed it would be some bucket shop operator trying to unload them.
Maybe I should have listened or maybe that's exactly what's going on and the reason for todays buys. V.

[gjabrj] 23/8/2006 14:24

7p is fair value not break even point

[steeleye] 23/8/2006 14:20

only need 4.5p

[gjabrj] 23/8/2006 14:12

A large order to fill I would imagine. The question is who is building a stake?

an institution or a predator.

don't care as long i get 7p per share.