548 replies to this topic

[Tonyh199]

Half year results due next Tuesday. There should be some good news assuming management wrote off all its claim skeletons in the 2020 figures.

Just hoping the stronger rand does not impact too much as most earnings are foreign. 

Edited by Tonyh199, 16 February 2021 - 02:13 PM.

[AMG76]

For EE, you can phone in or email the trade desk, and they will complete your request. So NO, the markets not closed

[Junz]

Is this share suspended ?

 

I cannot seem to buy it on the easy equities platform anymore

[sommerso]

This morning I see aveng already has 16 million traded, bulk at 3cents. Am hoping for news soon on the rights issue again, as once that is completed, I think we will see some positive change.

For sommerso, or anyone else...
Also holding in greater volume
NUT
ASC
SNH
EUZ

Wish I had more cash flow for others, but those will need to wait abit

 

 

NUT

SNH

ORN

AEG

 

AEG and NUT are 500k and 1M shares. As funds become available I'll be topping them up. Long term gamble on these two 

[AMG76]

This morning I see aveng already has 16 million traded, bulk at 3cents. Am hoping for news soon on the rights issue again, as once that is completed, I think we will see some positive change.

For sommerso, or anyone else...
Also holding in greater volume
NUT
ASC
SNH
EUZ

Wish I had more cash flow for others, but those will need to wait abit

[sommerso]

https://www.iol.co.z...53-8c1885347fd6

 

 

I saw that and I'm happily invested in it now. AMG we seem to share similar holdings ... may it come to pass 

[AMG76]

https://www.iol.co.z...53-8c1885347fd6

[AMG76]

53million shares traded today so far, bulk at 3 cents from the looks of it.
Seems to be positive.

[AMG76]

I see coronation have just decreased holding from about 11% to just over 9%.

[Blackobar]

I see we received notification late yesterday about Steyn Asset management now holding over 6% of the shares. Seems like other big institutions are believers in the turn around strategy currently

I remember after they first announced the upcoming rights issue, either Goldman Sachs or JP Morgan acquired more equity, these institutional investors get more insight on the business than us, always.

[AMG76]

I see we received notification late yesterday about Steyn Asset management now holding over 6% of the shares. Seems like other big institutions are believers in the turn around strategy currently

[Tonyh199]

Aveng rights offer has been delayed as per sens at 4pm today.....most likely by about 1 month.

This is their reason:  Contrary to Aveng's expectation, the related transaction

documents in relation to the debt restructuring have not gone fully unconditional. Consequently, the
Rights Offer is not unconditional at this time.

This management is a joke , surely you make sure all conditions are met before making announcements of this magnitude?

 

[AMG76]

Anyone know anything about the massive number of shares, apparently bought, late yesterday?

[AMG76]

Aveng rights offer has been delayed as per sens at 4pm today.....most likely by about 1 month.

[CowboyTrader]

I would really be interested to know where some of you are with your average price.
Mine is about 2.4cents now.

I sold out earlier this week. Gatvol of empty promises. Been holding for almost 3 years. Was able to load some off at 4c earlier last year, but still took a knock at 2c. Will invest somewhere else, maybe top-up on ASC...

[Daytrader01]

What will the share value be after the rights offer? I think im F with this one

[AMG76]

I would really be interested to know where some of you are with your average price.
Mine is about 2.4cents now.

[Zanme]

Yes. It has just come out now.

Does anyone understand how they using R300 million to settle 1 billion of debt. Where did this debt come from because when they did the last rights issue they converted a lot of debt into shares and also raised R400 million. Im still in this but this management team are the biggest crooks around. I can't understand how the JSE never challenges these things.

[AMG76]

Yes. It has just come out now.

[Daytrader01]

So the SENS is out about the rights offer at 1.5c. 103.12203 shares per 100 owned