Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Paul 0410.
Thats a big 'if' m8.
Thanks TheStocker.
I just did some quick math based on the Mesh old deal and meant to write £50mil (not £500).
Although as you quite right point out its the old deal so could be significantly more now (probably still not my £500 lol).
"If all goes through, we take a clear majority share in Sentiance (which is already taking massive strides in its performance). Options for share in this alone running at €650-€750 per share (Mcap circa €500mil)"
@Jraah: Where do you get 500 mil mcap info from?
In the RNS from 4th of March (2020) I read this:
"MESH owns 16,333 ordinary shares in Sentiance equating to 16.8 per cent of Sentiance’s current issued
share capital. The Company is pleased to announce that it has agreed the terms of an option over an
aggregate of 48,337 Sentiance shares and stock options at a price of €650 per Sentiance share. "
16,333 ~= 16.8% which means there are about 97220 shares. Even at €750 per share that's only ~73 mil. That's the old deal of course and other things might have changed in the last year, but I'd be surprised to see a 7x increase since then.
Also noticed this on the info from AJBELL , so now I am confused again.....sorry.
SIPP holders should note that unlisted shares are not SIPP eligible. Unlisted shares will be displayed within your portfolio at cost and will not be revalued except where this is required in relation to their holding within a registered pension scheme, i.e. at benefit crystallisation events, reviews and pension transfers (subject to change). In these circumstances, it may prove difficult to value the unlisted shares and, should this be the case, we reserve the right to commission a valuation and charge your SIPP for it.
There may be a limited market or no market at all in the ineligible shares following the cancellation, and sales may require the use of specialist market makers. We accept no liability for the illiquidity of the unlisted shares and reserve the right to pass on any charges we incur in their sale.
Okay, i think i understand I just have to sit and wait it out. My shards are held with AJ Bell in my SIPP. So I guess they will just sit there until something happen. If they are delisted do I have to do anything or will they automatically get transferred to another market when they list in that market?
Absolutely the opposite!!!!!
If all goes through, we take a clear majority share in Sentiance (which is already taking massive strides in its performance). Options for share in this alone running at €650-€750 per share (Mcap circa €500mil)
We also take about 17% of Aaqua which is potentially going to be the next big thing on the social media stage. Options for shares here are €1000 per share (Mcap circa €750mil).
Also, its believe AAA will list on the Nasdaq which is the prime location for tech companies to operate.
If its goes to plan - you're looking at potential this coming back around $2.
Lots of hurdles to overcome but fingers crossed and you are on that goldmine
If AAQUA doe become the next big social media platform you only have to look at the likes of Facebook to see where this sp could be heading.
On the contrary.
If everything goes through then you're (potentially) sitting on a goldmine
There's nothing you can do at the moment anyway so just need to wait and see how it all shakes out
https://www.londonstockexchange.com/news-article/AAA/proposed-placing-proposed-acquisition-and-update/15020456
So what does that mean for normal shareholders ? Does it mean that I have lost my holding in the company so it is now worthless?