Yolo Leisure And Technol... Share Discussion Threads

[tomboyb] 22/3/2018 09:27

Chris Akers buys more shares -

Now almost 7% equity here -

[tomboyb] 14/3/2018 13:17

Akers buying shares now up to 5.56% -

No cash shell which is good -

[twodegrees] 07/3/2018 12:21

so was yesterdays drop manufactured so that the directors could buy more shares...seems very suspicious to me.

[twodegrees] 07/3/2018 09:23

I would caution any investment here as the share price bounces around because they need to fund raise as they cannot do other investments with such a low share price. as is shown from the below....they obviously want to issue more shares so that will mean more dilution. ( I would also worry that they would give away as they have done before assets on the cheap) Are the directors buying to create a false market as they obviously want the price to rise, cynically I would add, they have a salary to secure...

Notice of AGM

The Company announces that its Annual General Meeting ("AGM") will be held Third Floor, New Liverpool House, 15 Eldon Street, London, EC2M 7LD at 11.00 a.m. on 28 March 2018. A circular containing notice of the AGM has been posted to shareholders and will be available shortly on the Company's website at www.yoloplc.com.

Under the Companies Act 2006, a company is unable to issue shares at a subscription price which is less than the par value of shares of the same class. This means that, as the par value of the ordinary shares is currently 1 penny, the Company could not issue ordinary shares at a price of less than 1 penny per ordinary share. On 28 February 2018 (being the last practicable time prior to the publication of the circular) the mid-market closing price of the Company's existing ordinary shares of 1p each was 0.42 pence. Unless the market price of the Company's ordinary shares increases to at least 1 penny, it will not possible for the Company to raise new equity capital.

In addition, the Company's directors consider that it is in the best interests of the Company's long term development as a listed company to have a smaller number of shares in issue, so that the Company's ordinary shares are traded in amounts of at least 1 penny (rather than fractions of a penny).

Accordingly resolutions will be proposed at the AGM to seek approval for a share consolidation and subdivision which will result in YOLO shareholders receiving one new ordinary share of 0.01p each in YOLO ("New 0.01p Ordinary Share") in exchange for every ten existing ordinary shares of 1p each ("Existing Ordinary Shares"). Following completion of the share capital reorganisation, the total issued ordinary share capital of the Company will be 44,132,276 New 0.01p Ordinary Shares, each with voting rights.

Application will be made for the New 0.01p Ordinary Shares to be admitted to trading on AIM. Admission is expected to occur on or around 29 March 2018.

The Company's annual report and financial statements for the year ended 30 September 2017 were published and circulated to shareholders previously and are available of the Company's website.

[pazzuzu] 07/3/2018 08:46

It's all rigged, juts follow the money is all I do and do well doing that.

[695hwb] 07/3/2018 08:37

What a lucky chap. The share price drops substantially for no particular reason and he picks up another 2m shares. If only we mug punters could predict events like that!!!!

[babbler] 07/3/2018 08:29

He bought loads cheap. Nice.

[pazzuzu] 07/3/2018 08:28

Something big is happening hete

[casino444] 06/3/2018 19:08

plenty of buying today , looks like the same investor buying up shares with 2.5 million 1 million and 1.5 million trades

[look alive] 06/3/2018 15:02

Looks like an increase

[twodegrees] 06/3/2018 14:36

Has chris akers increased or decreased his holding in relation to the RNS

[chrisfillyourboots] 06/3/2018 12:02

Oversold - fill your boots

[twodegrees] 06/3/2018 09:36

seems like no one posts here...maybe I should just sell.

[twodegrees] 05/3/2018 08:11

encarter, and now they dilute the shares so as to raise more capital apparently so that they can continue to invest....what so as to give more away....

[encarter] 23/2/2018 17:00

Yes but they keep giving the assets away.

[sweepie2] 17/2/2018 11:10

On the watch list, seems cheap compared to assets

[chrisfillyourboots] 02/1/2018 16:33

Picked up another 2m today.

[chrisfillyourboots] 29/12/2017 13:09

No offer whatsoever MMs playing games

[babbler] 27/12/2017 09:16

2.5mip buy this morning....nice.

[babbler] 22/12/2017 13:55

Spiked on that RNs...guess it's not the flavour of the month. It will be someday so just build up stake imo.

[babbler] 22/12/2017 10:25

Idiotic is more the word I'd use...

[bean02] 22/12/2017 10:10

Selling at .46 now from plus .60 buyers. Funny

[babbler] 22/12/2017 09:36

Thanks sellers....got some more. Can boom now thanks

[babbler] 22/12/2017 09:22

Nav 1p and people sell at .59. couldn't make it up.