Vela Technologies Share Discussion Threads

[johncasey] 25/4/2019 03:21

also in TOOP

[johncasey] 25/4/2019 03:20

you will be pleased to know that maestro has decided to take a position in this company..bottom fishing always proves lucrative

[ken chung] 24/4/2019 23:54

Its worthless now.Lemmings and mushrooms only.

[acquisitor] 24/4/2019 14:36

I've managed to buy 2million at a shade below .12 pence, suggesting the quoted prices are very "soft".

[ken chung] 24/4/2019 14:16

Lemmings and mushrooms only now.

[jpuff] 24/4/2019 09:38

And don't forget the (perhaps) obvious that if a share falls by 50% you need a 100% rise to get back to square 1. These have fallen from 1.2p to 0.12p, so what's the future attraction apart from deletion of the share in my monitor here!

[jpuff] 24/4/2019 09:29

Nearly been wiped out completely here myself! Can't see anything for ordinary investors to get excited about.

[nico115] 24/4/2019 09:17

"So Antony gets to buy in at 0.1p instead of having to convert at 0.15p if he wanted the shares."Yes that's wrong Why is that @antony ?

[daicaprice] 24/4/2019 09:00

I’m currently down 77% on my investment and been diluted to hell and back, it’s going to need some very good news and valuations to recover that.
The chance to average down would have been very welcome but not in the open market.

DC

[jc2706] 24/4/2019 08:50

The more I read the RNS the worse it appears. The convertibles had a conversion price of 0.15p. Instead we are going back to them and allowing them to convert at 0.1p. So Antony gets to buy in at 0.1p instead of having to convert at 0.15p if he wanted the shares.

It would be interesting to understand the impact of not subscribing to the Portr raise and not having additional funds to invest into new opportunities as the discount is so heavy here as to blunt any potential return that can reasonably be expected on the new money.

[nico115] 24/4/2019 08:21

Happens in most Aim stocks Sign up to brokers and get involved then Good to see Directors buy

[genierub] 24/4/2019 08:21

Might be a good opportunity to buy here...

[multibagger] 24/4/2019 08:20

Thomas Cook is a well known name but appears to be struggling financially and looking to sell various divisions/entire business.

So VELA is checking into the Titanic....no guarantee that any future owner of Thomas Cook (if found) will continue with the baggage arrangements.

[jfreshfield] 24/4/2019 08:10

It's bull. This is an inside placing prior to positive news so insiders can benefit not the whole shareholder base. I expect Portr to be a nice positive uplift to help Antony do well out of his nice placing.

[nico115] 24/4/2019 08:04

Antony sorry!!

[nico115] 24/4/2019 08:04

Welcome to the city!At least Anthony is investing money and putting his money where his mouth is

[jc2706] 24/4/2019 07:57

Not really nicely said as the money reinvested is being reinvested at a 40% discount to the current mid-price. Unless the placing is open to all investors this merely looks like a 40% discount offer to select insiders, which if I were a Nomad would not exactly constitute "fair and reasonable insofar as its Shareholders are concerned".

[solarno lopez] 24/4/2019 07:39

Nicely said Mr Laiker

[antonyvelatech] 24/4/2019 07:38

cl0ckw0rk0range - if you read the announcement in full you will learn that all the proceeds of the redemption AND interest is being reinvested back into Vela PLUS I am investing further. The structure by which this is being done is driven entirely by AIM rules.

I hope this clarifies matters

Antony Laiker
Vela Technologies plc

[barnetpeter] 22/4/2019 22:50

hxxps://www.ii.co.uk/shares/interbit-ltd/TSX:IBIT


Ibit moving up strongly.....

[daicaprice] 17/4/2019 16:27

Not going to take much for us to see .6p again, it’s then all down to news.

DC

[acquisitor] 15/4/2019 16:16

I would guess the breakup value is higher than the share price.