The Grand Millenium Hotel might have been a better venue because it is directly opposite the Police Station.
Printable View
The Grand Millenium Hotel might have been a better venue because it is directly opposite the Police Station.
What would happen if sp dropped below 0.022c? Would they drop the spp to a lower price?
Has anyone thought to email MHILL and request that they update the market on the status of Talisman? Just a thought.
I am pretty confident they will have a plan on this release. Not sure any one of us will make much difference to their timeline. My thought it release the SPP which brings the price back, then release the upgrade that takes the price back up (echoed a number of times on this forum already) a bit of pain followed by a bit of euphoria.
If market goes 2c, then better to buy on market than take up the SPP - that's assuming you think NTL has a bright, or should I say golden), future.
You have to think that NTL management will have thought of this. If SP drops too low, no one will participate in the SPP, and therefore NTL will not get any money. That's why Im confident (or wishful) that there will be a good announcement between now and 22 Sep - NTL want your cash!!
And in Fake News for today.....
It was revealed today, that NTL boss Matthew Hill is in fact world famous author Dan Brown.
Hill was heard to comment that "....Im sick and tired of writing thriller/conspiracy fiction, its time for the real deal, non-fiction. Im planning to keep everyone guessing, say one thing, do another. Create uncertainty, leave people guessing, give them a thrill, then bring them crashing down to earth"
Sales of NTL latest SPP are nil thus far, with no shareholders believing the 22 September deadline. One shareholder went on record to say, "...yeah, nah, its all going to happen in 2 weeks, just we don't know when the 2 weeks commences, 22 September, nah mate, that's not real".
An SPP or cash issue has the effect of offering a lot of new shares at a fixed price. This fixed price puts both a floor and a ceiling on the SP until after the close of the offering.So for the next few weeks the SP will sit about where it is now. It will then likely move higher when positive info comes to light and especially when the SPP is behind us.
So I do not expect any significant number to sell below present price.