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Before we start trading, positions being taken for the Santa rally.
See a big sell posted from a couple of days ago now showing. Explains the slight drop. Held up pretty well. Shows the continued interest. If there's a background seller, once cleared, hopefully see some movement north.
And some you can read & some you can't. Anyhow, it's more than you ever wanted to know.
(Yes, there is a Gasworld.) https://www.gasworld.com/searchresults?qkeyword=helium&cmd=ChangeSortOrder&SortOrder=2
I think grsshaw is just highlighting that the Helium One shareprice will not just mirror AOGL's. The fact that the SP here remains above the offer is an indicator that people here rate the new share, which will hopefully be the market's reaction when we relist.
AOGL shares count for around 13% of Helium One's total number of shares. We have our own ideas of what the price could or should be, but we'll just need to wait. No point in guessing.
Still nothing from my broker about voting, so probably too late now. They just put up a message about the merger. I'm just glad they noticed it is happening.
Correct me if I'm wrong, but from your earlier post the share price could go up 30% or 50% or 100% or could stay the same,or go down, Jesus , Hmmm.
IMO - the current AOGL share price is a barometer for trading demand only and I don't believe the price paid for AOGL will have any reference to the new opening price - it just highlights/confirms current market sentiment for a certain % holding of the new larger company
The starting auction will decide how this opens either up, down or flat but I would treat this like a IPO and use the base price at 2.84p. This price is used for all calculations and all parties involved that have actually paid for shares or worked out what their % stake will look going forward
Like with buying shares on the open market its your decision to buy, sell or hold, however, if AOGL increases to say 10p pre, then Helium 1 MM's will not automatically set the opening price to pro rata that price - you will still have the same % holding allocated to AOGL SH's regardless of the price it is traded following the 2.84p deal price
As an example - when they negotiated the raise it was originally at £4m then raised to £5m then raised to £6m recenlty, If AOGL SP was used at that time in anyway then why did they not pay, say at over, 5p for that extra £1m raised if it is linked to current trading of AOGL shares
Please also bear in mind AOGL doesn't have a massive % holding in the total company following the deal to have too much SP influence. As mentioned above you will all still have the same % holding in Helium 1 regardless of the price anyone pays before the changes take place
It may well fly on opening and hope it does for you all but consider placing a total value for the new company at the MC potential and not just on how AOGL is performing before the changes
All my opinion - Please DYOR
GLA
£30M valuation against a potential resource currently worth around £30Bn.
That's a risk to reward ratio I can live with.
Well it's already effectively priced around 30 million quid, so i hope you think that!
Unfortunately there are lots of variables in deciding the opening price. I don't know all of them, although the price rise here will be part of it.
The investors here generally consist of AOGL, SIRC, cash shell and people investing due to the rise. If the general market reacts the same way then we can expect the price to rise. It will boil down to supply and demand to define the price for Helium One. If the market believes there is a demand the price will be higher as has happened here. If the market makers have no opinion the price may start around the offer price.
We do know that helium is in demand and both demand and price are increasing. How that translates to the actual figure on the day I can't say. I have added to my AOGL investment and believe the new company is worth more than the £14.1M valuation due to the prospects. Whether the market thinks the same, I can't say. The drill results will be the defining of the company but I am happy to get in at these levels.
But today's aogl price is already a proxy for Helium One. Surely the aogl price is far more relevant than the price they did their insider raising at?
Only watching this share at the moment, but have share exposure via SCIR (was SOLO Oil)
From experience and only my opinion these will open at 2.84p and then straight into opening auction (which may take upto 10 to 15 minutes to settle in - depending on demand) and the base opening price for increase or decrease and % gain or loss on the day will be from the 2.84p mark e.g. 5.68p will be 100% gain.
Personally, I feel these will open up on the day at least between 30% and 50% and you can then, when trading, judge by trading prices and volumes on how this will then perform from that point. However, if in great demand and no-one is selling, then they could easily go up 100% to draw in sellers and start trading from there!
There may be new investors from the the raise that will flip all or a % of these very quickly for a quick profit or they may stay in sticky hands based on the intial strong demand and potential
I don't think the original stake investors at Helium One will be selling too soon (although this is the first time they have the option to do so and liquidate some of their investment/capital) but remember they are being diluted quite heavily due to the raise so I feel they will all stay put for a while yet. Assuming AOGL investors will not be selling and will watch carefully and may even top up at a weaker share price
Of course it's all assumptions and opinions at the moment but Good Luck to All
Mentioned this on another bb. Forget the noise. A share is not for a day. It's an investment. That's why you purchased based on knowledge. If you bought high, so what. You hold and leave it while the mm play games. They are just kids on Twitter. If you believe the reason you bought in holds your reasoning then hold. They play games. This is ok in my honest opinion.
Sorry, I meant that is the price we will be getting for our shares.
236 AOGL shares will be converted to 1 Helium One Global share with a price of 2.84p.
On 3rd/4th Dec AOGL will cease to exist and Helium One Global will be created.
I didn't see the presentation, but found the last one. Https://www.youtube.com/watch?v=X1zJotUh2Oo
Sorry to be ignorant, but what do you mean "that's what we are getting." I thought it is simply a case of us get Shares in Helium 1 and our Attis Shares going
Hi Rob. The List or offering price is 2.84p - that's what we are getting (after 236 times consolidation for AOGL shares). The opening price will be up to the market makers to determine. If the market thinks there will be high demand for the share, they will set the opening price higher with a premium. If they don't think there will be any demand, we will probably open at 2.84.
If this hits the open market at 20p then they would have been better buying AOGL rather than waiting. If it opens at 2.84 then they may have been better waiting, depending on what the price does. Unfortunately we don't know what the opening price will be. People investing over 0.012 are basically saying they think there will be demand or are prepared to risk an increased cost for the potential rewards.
Hello Glib. In your Post you do say about the Helium 1 SP being 2.84 and I have heard this mentioned before, but we don't know the expected SP do we? It needs to be a fair bit higher or we all need to sell right now. Someone on this BB did ask the question "Why would anyone buy in Attis when they can buy into Helium 1 on 3rd or 4th December at a better price?"
This share is incredible, the type that will do 100% in a day.
Yet - no one seems to be talking about it, everyone's sucked into (or locked in) their covid stocks.
I think Attis X Helium takeover is going under the radar a little bit and when this floats, rockets will be seen.
As this SP falls daily to the deadline I am going to Average Down my holding further.
Feeling very confident after the presentation, I didn't truly understand the uses of Helium before it but when he mentioned Space X and I did not know that the American mine (Producing 25% of the worlds Helium supply) had just closed for good after a 15 year wind down.
I now see Helium's' potential.
GLA. IMO. DYOR.
That's a good Post QuantumStar and I hope you're right in saying about them floating at 10p. That's the thing though, we don't know do we? They might float at just 2p. It is going to be interesting, but I am a little bit concerned.
Agreed, not the most fluent speaker I have heard but seems very knowledgeable and looking forward the the subsequent drills.
for a good finish for the day GL
I noticed that too, but as the transaction time looks to be the same for the majority, it may be a broker. Possibly rounding for accounts? Just my guess.
That is basically it FT.
The company is at the stage where it is going to drill and prove the resources - one way or another. So there is an element of risk. The potential rewards make the risk acceptable up to a point. Many investors will not look at penny shares and sub-penny stocks like AOGL are not even on their radar. When this converts to Helium One Global however that may change, so we can get in early here. It all depends on what the market thinks of a Helium stock.
Whats the point in buying £1 of value? look at the sea of blue - but it doesn't add up to much!
Who is buying this, they are paying more in commission charges no?!
I think I've got my head around this. basically the market really likes this impending ipo, and is happy to effectively pay 6 or 7 p for future Helium One shares, on the assumption that the price should go even higher upon ipo'ing. The 2.4p was the early price for conversion and the fundraising, but the interest and shareprice has quite rightly moved past that price now.
All the other helium pureplays have recently gone up 5-10 times, and they have miles less going for them than H1 does.