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Thread: Ace

  1. #1
    ShareTrader Legend bull....'s Avatar
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    Default Ace

    down 66% yesterday , should bounce one day
    one step ahead of the herd

  2. #2
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    Final few shares obliterated out to Zero in the recent consolidation

    I'm not disappointed to be aced out .. the Registry Statement looks quite a bit tidier for it

    This tiny outfit really knows how to keep it's small holders onboard - consolidate them all off
    the Share Register so they all disappear ..

    https://www.nzx.com/announcements/382408

    Ascension Capital Limited (NZX: ACE) advises that, following completion of its 100 into 1 share consolidation and taking account of rounding of entitlements, it has 19,148,828 quoted shares on issue held by 773 shareholders.
    Not the first consolidation from this one either I suspect

    The big question - are there any aces hidden up their sleeves or just Cap Raise plans or fresh air funded
    by Big Wig loans into the purse to keep the shell listed on NZX ?

    Maybe killing off all the smaller holders wasn't such a smart idea after all ?
    Last edited by nztx; 16-11-2021 at 11:14 PM.

  3. #3
    ShareTrader Legend bull....'s Avatar
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    still waiting for the bounce
    one step ahead of the herd

  4. #4
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    Quote Originally Posted by bull.... View Post
    still waiting for the bounce

    A bounce right off NZX might happen first

  5. #5
    ShareTrader Legend bull....'s Avatar
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    Proposed Reverse Listing of Being AI Limited

    https://www.nzx.com/announcements/423210

    Wonder what the first AI directive will be
    one step ahead of the herd

  6. #6
    Speedy Az winner69's Avatar
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    Quote Originally Posted by bull.... View Post
    Proposed Reverse Listing of Being AI Limited

    https://www.nzx.com/announcements/423210

    Wonder what the first AI directive will be
    With a name like AI the share price will rocket when trading starts

    Punters love AI eh bull

    Hooe you still have a pile
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #7
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by winner69 View Post
    With a name like AI the share price will rocket when trading starts

    Punters love AI eh bull

    Hooe you still have a pile
    i own none , just one kept my eye on for this type of action
    one step ahead of the herd

  8. #8
    2019 NZ Stock Picking Winner silverblizzard888's Avatar
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    Not a lot on the company 'being ai', the only search result on google with the same name is based in Hong Kong with different founders.

    Regarding the founders mentioned David McDonald and Katherine Allsopp-Smith (alternate Evan Christian) who seem to be quite wealthy, though not a lot of coverage on them given their wealth.

    Evan Christian is CEO at Wilshire Investments, a private investment company, a director of Wilshire Property Group, a commercial property investment company, and a director and shareholder of G3 Group. https://channelmag.co.nz/channel/fea...-family-first/

    https://www.g3group.co.nz/brands.html

    They founded a $10m private school called AGE https://www.stuff.co.nz/national/edu...que-age-school

    They own a $20m home which they battled insurance over damages https://www.nzherald.co.nz/business/...6EWSNBUVLEE7U/

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    - the vendors of the Being AI business assets would be issued 1,800,000,000 fully paid ordinary shares at an issue price of NZ$0.025 per share as consideration for the purchase of the shares in the various Being AI businesses.
    I wonder how this goes.......a casual 1.8billion shares being issued......

  10. #10
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    Quote Originally Posted by bull.... View Post
    Proposed Reverse Listing of Being AI Limited

    https://www.nzx.com/announcements/423210

    Wonder what the first AI directive will be
    IMHO I wonder if this backdooring will be any more successful that the several others that this " speciatility crew " have been involved in , from researching the current share prices are now approx 60 % less that their listing price.
    Imo I would wait a couple of years until the expected hype and B S /disappointment surfaces/evaporates!! DYOR in great depth !!

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