ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

SPC U.k. Spac Plc

0.205
0.00 (0.00%)
14 Mar 2025 - Closed
Delayed by 15 minutes
U.k. Spac Investors - SPC

U.k. Spac Investors - SPC

Share Name Share Symbol Market Stock Type
U.k. Spac Plc SPC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.205 00:00:00
Open Price Low Price High Price Close Price Previous Close
0.205 0.205
more quote information »

Top Investor Posts

Top Posts
Posted at 05/12/2022 07:10 by boxerdogz
Last post here , see all decent hard working investors over on the HELD thread.

TROLLS NOT WELCOME
Posted at 02/12/2022 21:36 by mjb252
Could I have a little advise pls (rookie investor incoming). Bought a small amount of these prior to suspension for my ISA, but since suspension they've moved out of my isa and into my regular share account with asterixes depicting the value. Can I ask whether these will automatically re-appear as HELD and be moved back into my ISA on Monday or do I have engage with my broker for anything?
Posted at 02/12/2022 17:38 by problemsofpoints
Now now children.

Some notes from today's investor call with Rai:-
- No more fundraising required, rollout will be fully funded from sales.
- Some of the lowest production costs in the game.
- Looking to lower further via solar (possible EU subsidy)
- Terms agreed with the 2 largest distributors in German.
- 6 grow cycles a year
- Currently no UK institutional investors but lots of interest from the US.

Takeaway:- He is a very sharp guy and it all sounded very positive.

Bring on Monday!
Posted at 02/12/2022 16:18 by boxerdogz
sweet karolina22 Dec '22 - 16:08 - 1478 of 1478
0 1 1
I will set up a HELD free speech thread

LIAR

YOU will try to TROLL honest investors with your PIG vitriol you horible horible PIG
Posted at 02/12/2022 07:46 by smcl
Boxerdogz- the mind boggles about SW2.

You couldn’t invent such a character.

Constant repetitive long winded posts- to what end?

To save us poor retail investors from ourselves- ahhhh the nice looney!!!
Posted at 01/12/2022 18:45 by sweet karolina2
Freedom of speech cannot be denied as easily as you think.

Whilst we all eagerly await the start of trading - something many have been waiting 15 months for. Consider:

Why did none of the 0.3p warrant holders exercise back in May / Jun before the warrants expired?

Why was the placing at 0.3p so poorly supported by the so called "sophisticated" investors, such that the majority of the extra cash has been made up through a CLN?

What might be the view of those who took part in the placing at 0.195p and therefore had 0.3p warrants they did not exercise be now?
Posted at 26/11/2022 18:13 by boxerdogz
sweet karolina226 Nov '22 - 11:31 - 1390 of 1390

I am far from skint and far from being an ex investor. That is because I am an ex investor in companies that make no sense from a properly analysed and evidenced risk / reward perspective and only invest in companies that do make sense.

Go and peddle your negativity and drool on another thread ya tool.
Posted at 26/11/2022 11:31 by sweet karolina2
And If I am proved right about ADV now BCE (a cynical name change at this point to hide the past and provide false hope. SPC has a new name and ticker that comes into play once the deal is finally done and trading can restart) - a very different proposition to SPC as it has no cash and the BoD is still a subset the of discredited BoD who sent $27m of the overall $50m to money heaven whilst troughing on and trousering for themselves as much shareholders' cash as possible, will you apologise and admit I do know what I am talking about?

I am far from skint and far from being an ex investor. That is because I am an ex investor in companies that make no sense from a properly analysed and evidenced risk / reward perspective and only invest in companies that do make sense.

For now SPC has beaten the odds and there remains a prospect of reward for some, but not all, who bought into the shell.

Time will tell as to how many get to actually realise the reward for the extreme risk they took and all the frustration anxiety along the way not to mention the opportunity costs of having money locked up for so long (it is still locked up until trading actually recommences).

I hope most do make something out of their investment in SPC, but also that they ask themselves - Was it really worth it?
Posted at 15/11/2022 15:16 by mister md
That would be nice - I still have 2m shares here as a random gamble on a SPAC
I guess the new investors would want to see a decent gain on their 0.3p investment ?
Posted at 25/8/2022 18:18 by masergt
"Changes to investments held in a stocks and shares ISA
The most common examples of a change to an investment are:

takeovers
demergers
capital reorganisations (other than a rights issue or bonus issue)
rights issues
bonus issues
Investors may take up any offer to shareholders in respect of investments held in a stocks and shares ISA. Whether the resulting investments can be held in the ISA will depend on whether they are qualifying investments.

Where the new investments are qualifying investments, they can remain in a stocks and shares ISA.

Where the new investments are not qualifying investments, managers must, within 30 calendar days of the date on which they became non-qualifying investments, either:

sell them (in which case the proceeds can remain in the stocks and shares ISA)
transfer them to the investor to be held outside the ISA.
Complex reorganisations often involve more than just the issue of one set of new investments. There could, for example, be a bonus issue of shares, which are replaced in turn by other shares, which are then sold, or converted to other investments. If the intermediate investments are not qualifying investments for a stocks and shares ISA then, strictly, the final investments, or cash proceeds, cannot be held in a stocks and shares ISA even if the final investments themselves are eligible.

However, where ineligible investments are issued as an intermediate stage, and those investments are short-lived, or are automatically replaced by cash, HMRC will consider whether it is possible to look through the intermediate stages and apply the guidance on qualifying investments to the initial and final investments alone. If a reorganisation involves intermediate ineligible investments managers should submit full details to savings.audit@hmrc.gsi.gov.uk, and if possible well before the planned reorganisation date.

Where there are income and capital options available to an ISA investor, the ISA manager can select the income option (whether by choice or default) if any resulting (non-qualifying) deferred shares will be either cancelled or purchased for a negligible amount at some stage in the future (albeit not within the usual 30 days)."

I argued;
SPC shares were not a new investment
A binding RTO had been agreed
It is not dependent on a fund raise
The suspension was a mandatory requirement of the FCA
The FCA's dilatory action caused the share to become delisted
The RTO is proceeding as planned
Delisting was an intermediate stage in a complex corporate action
The shares will become qualifying once more on return to the main market
That return is imminent subject to the FCA completing diligence on the prospectus

There is other guidance on RTO's in ISA shares. Just takes a while to find it. GL.